Senior Quantitative Analyst

Requisition Details & Talent Acquisition Contact

REQ: 139649

Talent Acquisition Contact: Lerato Sithole

Location: 135 Rivonia Road, Nedbank Head Office, Sandton

 

Job Family

Investment Banking

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

Job Purpose

• To enhance the effective use of credit analytics across Group Risk through enhancing the Group’s ability to manage the credit portfolio more actively, assisting to optimise the return on credit, in line with the business unit's risk appetite and Nedbank business strategy.

Job Responsibilities

The incumbent will contribute to a team which specialises in a focus on credit portfolio analytics from a Group perspective and driving the development of an analytics framework which involves, but are not limited to:

• Creating and maintaining strategically focussed analytical tools with the operational team within the Credit Data Systems team
• Provision of MI, analysis and reporting, including recommendations for portfolio tilt initiatives
• Measuring the success of existing portfolio tilt initiatives
• Enhance the analysis of asset returns metrics
• Enhance risk/return analytics and conduct deep dives into credit portfolios
• Driving Active Credit Portfolio Management across all lending portfolios within the Group
• Analytics around Credit Capital (both RWA and ECAP), including, but not limited to, items such as RWA attribution development, ECAP vs. RWA analysis, ECAP optimisation
• Provision of asset Market share/peer analytics
• Machine Learning Credit Models to cover the life-cycle of credit products (i.e. from origination to collections)
• Contribute to the development of improved risk appetite measurement methodology and metrics
• Contribute to the GRA Manco to ensure a cohesive unit
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example.
• Deliver services to internal client expectations.
• Build internal and external stakeholder relationships.
• Sharing knowledge and insights with members of the team
• More generally, the incumbent is expected play a role in the broader team, with responsibilities that include
• Conceptualisation, planning and execution of co-operative projects
• Mentorship and development of junior team members
• Active use of Advanced credit portfolio management to understand portfolios and have a more proactive view on Credit Risk.

Essential Qualification: NQF Level

• Graduate degree in Mathematics, Financial Mathematics, Statistics, Economics or Actuarial Science, or a quantitative discipline (e.g., engineering), or a Chartered Accountant with credit risk experience

Preferred Qualification

• Post graduate degree in Statistics/Mathematics,  CFA/ FRM/CQF

Minimum Experience Level

• 8+ years’ work experience in the area of credit risk (e.g., Basel or IFRS9 modelling, analytics, or pricing)

Technical Exposure

• Credit (e.g. risk, strategy, origination, pricing) knowledge
• More general analytical/quantitative skills.
• Excellent communication and reporting skills (verbal and written)
• Strong programming skills (e.g. Python, VBA, Matlab, SAS, R)

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

Behavioral Competencies

• Committed and deadline-driven
• Aligned with Nedbank’s core values
• Aligned with GRA’s culture of collaboration, curiosity, resilience and creativity
• Resilient and flexible, with the ability to drive initiatives to conclusion
• Able to work independently and on own initiative
• Self-starter with leadership capabilities
• Good emotional intelligence (EQ)
• Strong people skills and stakeholder management
• Mentorship and support of junior team members

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566

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Please contact the Nedbank Recruiting Team at +27 860 555 566