Behavioural Economics Graduate at Nedbank

Job Responsibilities

• Support the Behavioural Economics unit within Nedbank Retail and Business Banking to apply behavioural science to the design and execution of better money management solutions for clients across the bank. 
• Undertaking research, designing behavioural interventions, and undertaking business experiments to measure the impact of proposed solutions on client behaviours 
• Conduct literature reviews on existing behavioural science evidence on financial decision making and related behavioural interventions.
• Effectively package and communicate the findings of primary and secondary research to business units.
• Support training to business units on behavioural insights relevant to their business units.
• Support the effective knowledge management and curation of primary and secondary research through an online library and internal newsletter.
• Meet internal and external client needs by delivering quality and original research.
• Establish relationships with clients through constant engagement.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Mitigate risk by managing research databases and meeting compliance and regulatory requirements through consultation with Compliance Division.
• Assist in positioning the BE Unit as valued business partner through proactive engagement and networking with internal and external stakeholders.
• Build and manage vendor relationships through engagement regarding business needs.
• Monitor performance by aligning own contribution to delivery of departmental plan against expected outcomes.
• Utilise resources by prioritising available resources versus stakeholder and regulatory requirements while being cognisant of cost.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• 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. Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Resolve work obstacles by managing on a case-by-case basis and early escalation where required.

Essential Qualifications

• Hons Degree in economics, psychology, anthropology or the social sciences

Preferred Qualification

Successfully completed:

• Master’s Degree in economics, psychology, anthropology, or social sciences
• For psychology students if you want to register with the HPCSA you will have to do your own tailored programme 

Minimum Requirement

You must: 

• 18 and above
• be passionate about behavioural economics & behavioural science. 
• Have a background in research; and
• have a clear criminal and credit record.

Type Of Exposure

• Building and maintaining effective relationships with internal and external stakeholders 
• Analysing and interpreting quantitative and qualitative data 
• Interacting with various levels of management 
• Managing multiple projects 
• Communicating complex information orally and in writing 
• Identifying trends and evaluating opportunities
• Facilitating learning sessions on Behavioural Economics to business stakeholders