Job Description

Are you a smart, driven, curious and collaborative quantitative analyst? Leverage your deep, technical credit risk knowledge to deliver lasting value in this challenging Group Risk role. You will be exposed to all aspects of credit risk across the Group, and you will provide assurance that the models, processes, data, and credit risk metrics are accurate and fit for purpose. You will get your hands dirty while solving problems and will use your powers of persuasion to ensure that Nedbank develops and maintains world-class risk management capabilities.Job FamilyInvestment BankingCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalFAIS AffectedJob PurposeTo develop and maintain best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management and/or attainment of strategic objectives.Job Responsibilities

• Perform validation of material non-regulatory models across the bank, including acquisition, pricing, AML, operational risk, fraud, climate risk and economic forecasts.
• Participate in expert groups, technical forums and business review sessions in order to perform risk assurance of models developed across the Group.
• Provide assurance on the adequacy of impairments across the Group, based on qualitative and quantitative assessment, technical reviews, and bespoke analytics.
• Provide assurance on credit RWA allocated across all products in the Group, including adherence to the applicable regulations, trend analysis and attribution.
• Identify opportunities to improve credit RWA optimisation.
• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results and reporting.
• Drive process improvements across the credit risk reporting landscape, including BA returns, ICAAP, Pillar III and Analyst Booklet reports.
• Provide trend analysis and assurance on portfolio movements.
• Communicate insights and results to relevant committees / forums to facilitate improved measurement and management of risk.
• Contribute to a high-performance team culture and continuous improvement via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• Stay abreast of developments in your field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, and lead by example.

Job Responsibilities Continue

• Honours degree in mathematics/statistics/engineering with relevant experience

Essential Qualifications - NQF Level

• Relevant Post-graduate quantitative qualification

Essential Qualifications - NQF Level

• Honours degree in mathematics/statistics/engineering with relevant experience

Minimum Experience Level

• 5+ years risk analytics, modelling and management.

Technical / Professional Knowledge

• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Business Acumen
• Quantitative Skills

Behavioural Competencies

• Applied Learning
• Coaching
• Communication
• Collaborating
• Decision Making
• Continuous Improvement
• Quality Orientation
• Technical/Professional Knowledge and Skills

DisclaimerPreference Recruiting Team at +27 860 555 566will be given to candidates from the underrepresented groupsPlease contact the Nedbank.Please contact the Nedbank Recruiting Team at +27 860 555 566If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

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