Senior Quantitative Analyst at Nedbank

Job Description

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

Job Responsibilities

•  Build and maintain relationships with internal stakeholders.
•  Build and manage relationship with external stakeholders.
•  Identify opportunities to improve or enhance processes.
•  Manage work allocation to collections by monitoring performance and adherence to service level agreements and internal compliance requirements.
•  Monitor cost-to-recovery ratio by tracking recovery processes and litigation.
•  Keep abreast of legislation and other industry changes that impacts on role.
•  Improve personal capability and stay abreast of developments in field of expertise.
•  Ensure knowledge management, continuity and team success.
•  Manage portfolio by tracking performance and reporting on recovery on monthly basis.
•  Manage quality and quantity of portfolio by checking accuracy and adherence to policies, procedures and standards.
•  Ensure stakeholder compliance to guidelines by monitoring milestones against timelines.
•  Mitigate risk by complying to legislative requirements; policies and procedures.

Qualifications

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

Type of Exposure

•  Conducting root cause analysis
•  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
•  Interacting with various levels of management and staff

Minimum Experience Level

•  3-5 years experience in a retail banking risk environment
•  3-5 years modelling experience
•  IFRS 9 experience