Senior Quantitative Analyst - Johannesburg, South Africa - Nedbank

Nedbank
Nedbank
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description

Job Requisition Details

  • REQ# Location: Sandton, Johannesburg (Mainly remote. 135 Rivonia occasionally)
Closing Date: 29 November 2023- Talent Acquisition: Bongiwe Mchunu- Job Department- Investment Banking-CVM: Modelling and Pricing- Career Stream- Quantitative

  • Leadership Pipeline
  • Manage Self: Professional

Job Purpose

  • To 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

Responsibilities:


  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to; monitor and advise operational areas to manage trends through analysis for adhoc requirements.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Increase efficiencies through programming and automating processes.
  • Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
  • Challenge model builds from around the cluster through peer review participation and ensuring best practice.
  • 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; business requirements gathering and designs validation.
  • 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; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure continuity and record keeping through formal signoff at forums and by creating documentation.
  • Ensure data accuracy through data and frontend analysis; pre and post testing of system/strategy changes.
  • Ensure business process consistency through formal communication, updating and maintaining policies.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Review reporting and ensure accuracy through analysis and providing feedback.
  • Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal 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.

Technical Skills Required

  • Innovation Facilitation
  • Business Analysis
  • SQL
  • Python Project Management


  • Essential Qualifications

  • NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Professional Qualifications/Honour's Degree


  • Preferred Qualification

  • Professional qualification and/or 4+ year degree (B.Eng or BSc) is preferred
  • Minimum Experience Level 4 years' experience as quantitative analyst is required.
  • Oversee the Card credit policy and line management strategies with the help of a direct report.
  • High technical level of SQL and background in Python is recommended.
  • As a leader in the team, good communication skills are essential and eloquent presenting is required to get buy in from stakeholders.

Technical / Professional Knowledge

  • Industry trends
  • Mic

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