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Senior Quantitative Analyst

Employer
Nedbank
Location
Kruger National Park National Mopani, South Africa
Salary
Competitive
Closing date
May 16, 2023

View more

Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Talent Pool/ Pipeline Requisition

We are building a Talent pool / Pipeline of Senior Quantitative Analysts and by submitting your application you are indicating your interest in a potential, future career opportunity with Nedbank. This is not an active position, we will contact you to initiate the formal recruitment process should a suitable opportunity become available.

Requisition Number

REQ#115141

Cluster

Nedbank Retail and Business Banking

Career Stream

Quantitative

Job Purpose

We are looking for a Senior Quantitative Analyst to join our team. In this role you will be required to develop and maintain best practice models and assessment strategies in line with regulations in order to facilitate world class risk management and/or attainment of strategic objectives. Our ideal candidate for this role is someone who has experience in a retail banking context and analytical problem-solving using SAS, SQL, Excel and Python is desirable.

Additional Job Responsibilities

  • Ensuring the correct return is generated on new business.
  • Assisting in the testing and implementation of credit and pricing changes.
  • Analysis of credit risk and policy recommendations based on data analysis/ statistical methods.
  • Governance aspects related to role: submission of inputs for Product Business Unit Credit Committees, Pricing Committees, etc.
  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to; monitor; and advise operational arears to manage trends through analysis for ad-hoc 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.
  • 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.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensure data accuracy through data and front-end 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 arears ensuring optimal resource allocation and desired results through analysis and communication.


Essential Qualification

  • Matric/ Grade 12/ National Senior Certification
  • 3 year qualification in Science, Technology, Engineering, Mathematics, Finance Qualification


Minimum Experience Level

  • 3-5 years relevant experience in an analytical environment
  • Experience in analytical and problem-solving using SQL, SAS, Excel and Python
  • Experience with managing stakeholder expectations


Type of Exposure

  • Analysing situations or data that requires an in depth evaluation of multiple factors
  • Developing ways to minimize risks
  • Managing conflict situations
  • Influencing stakeholders to obtain buy-in for concepts and ideas
  • Sharing information in different ways to increase stakeholders understanding
  • Comparing two or more sets of information
  • Working with a group to identify alternative solutions to a problem.
  • Interacting with diverse people
  • Building and maintaining effective relationships with internal and external stakeholders
  • Analysing and interpreting quantitative and qualitative data


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


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

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