Quantitative Analyst - Johannesburg, South Africa - Nedbank

Nedbank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Requisition Details & Talent Acquisition Contact

Leadership Pipeline

Position

Analyst

Conduct Risk
Job Purpose
We are seeking a talented and highly motivated Conduct Risk Quantitative Analyst to join our growing team. In this role, you will play a critical role in developing and implementing quantitative models and tools to assess and manage conduct risk across the organisation. You will leverage your strong analytical skills, data expertise, and understanding of relevant regulations to support proactive risk mitigation and decisionmaking.

Responsibilities:

Conduct Risk (75%)

Develop and implement quantitative models to assess conduct risk associated with various product offerings, customer segments, and business activities.
Analyse customer transaction data, employee activity data, and other relevant sources to identify potential misconduct patterns and trends.
Validate and calibrate quantitative models to ensure their accuracy and reliability.
Collaborate with business units and risk management teams to interpret model results and translate them into actionable insights.
Conduct scenario analysis and stress testing to assess the potential impact of various events on conduct risk.
Support the development and implementation of quantitativebased risk mitigation strategies and controls.
Communicate complex quantitative concepts and analysis results to a variety of stakeholders in a clear and concise manner.
Stay up to date on emerging trends and best practices in conduct risk analytics.
Participate in continuous improvement initiatives to enhance the effectiveness of the conduct risk management framework.

Operational Risk (25%)

Develop tools to implement advanced analytics techniques, report at various levels of management and contribute to the divisional and group vision and strategy.
Work with data warehouse to source, cleanse and integrate required data sets used for analytics.
Develop and implement a system to drive endtoend requirements for operational risk analytics, including visualisation tools that translate findings into executable strategies.
Lead and manage the endtoend advanced operational risk analytics in collaboration with stakeholders in management and in business.

General

Develop productive relationships with internal clients, stakeholders, and peers:
Collaborate with other functions within Group Market Conduct Risk and Group Operational Risk to enable our division in pursuit of its goals and objectives.
Engage with clients and stakeholders and develop understanding of their need and requirements.
Provides understandable feedback to clients and stakeholders on Operational Risk Analytics related aspects of the group's operations.
Support clusters in embedding prudent operational risk practices in their daytoday business activities
Explain difficult concepts to clients and stakeholders.
Engage with peers to develop working relationships.

Essential Qualifications

Preferred Qualification

Master's degree in Statistics, Quantitative Finance, Mathematics, or a related field.

Minimum Experience Level

Minimum 25 years of experience in financial risk analysis, quantitative modelling, or a similar role.
Strong understanding of relevant conduct risk and operational risk regulations and regulatory and internal frameworks.
Proven ability to develop and implement complex quantitative models using statistical software (e.g., Python, MATLAB, R, SAS).
Excellent analytical and problemsolving skills.
Strong communication and presentation skills.
Ability to work independently and as part of a team.
Highly motivated and results oriented.

Technical / Professional Knowledge