Quantitative Analyst needed at Nedbank

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Job title : Quantitative Analyst

Job Location : Gauteng, Johannesburg

Deadline : January 11, 2025

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Job Purpose

  • To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.

Job Responsibilities

  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Research and make recommendations for corporate citizenship initiatives in area of influence
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure business needs are met by engaging and assisting business through face to face interaction and attendance at forums and committees .
  • Assist the business to address queries by extracting and analysing data.Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
  • Ensure continuity and knowledge base through documenting and recording processes and models.
  • Provide insights enabling growth through analytical research; systems and marketing insights by delivering analytical results and making recommendations to stakeholders.
  • Ensure compliance to policy through data analysis and monitoring.Create efficiencies and streamline processes through analysis.
  • Establish understanding of processes by bridging the gap between operational and analytical concepts through communication.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
  • Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
  • Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.

Minimum Experience Level

  • 1-3 years’ experience in Credit Risk or an Analytical environment
  • Previous Pricing experience is beneficial but not mandatory

Preferred Qualification

  • At least a B.Degree majoring in Maths, Statistics, IT, or Engineering.
  • Possibly B.Degree in Finance if have good problem-solving skills and logic to program/code

How to Apply for this Offer

Interested and Qualified candidates should Click here to Apply Now

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