Due Diligence Analyst at Nedbank

Job Purpose

• To conduct due diligence analysis on behalf of Nedbank to assess and report the status; legitimacy; and overall reputation of a client, individual, company; its principles and/or associated individuals to prevent risks and ensure compliance to Nedbank policies and meet regulatory requirements.

Job Responsibilities

• Ensure the effective application of data management, analytical and research methodologies for the purposes of due diligence and related activities to transform information into relevant risk intelligence that are timely disseminated for pro-active direction or action and informed decision-making.
• Perform due diligence assessments and analysis on individuals, business entities and associated entities, by following the due diligence risk assessment process and industry best practice principles on the risk intelligence cycle. 
• Prevent potential risks by identifying adverse or criminal activities and trends by conducting internet and commercial database research, processing, evaluating, analysing, and highlighting relevant risk information to stakeholders.  
• Perform financial fitness analysis by assessing the financial status of business entities, identifying discrepancies, reasons for inconsistencies, and determine financial health status. 
• Draft reports by consolidating and collating the analysed, integrated and interpreted information to provide insights for consideration and decision-making.  
• Ensure governance and compliance standards are met by recording due diligence assessment outcome on systems and contributing to effective data enablement. 
• Highlight system, data and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders.
• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
• Build strong internal and external stakeholder relationships by establishing requirements, meeting expectations and needs; regular communication; giving professional advice, consulting other experts and liaising with relevant external vendors and/or service providers. 
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
• 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.
• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
• Manage external service providers by ensuring that performance is within the Service Level Agreements.
• Contribute to business unit cost to income ratio by managing costs within budget and providing practical efficiency gains advice.

Essential Qualification

• Matric/ Grade 12/ National Senior Certificate 
• Advanced Diplomas/Degrees in Forensic accounting, Forensic investigation, Criminal Justice, BCom Accountancy or related qualifications  

Minimum Experience Level

• 3 years +experience in conducting Business analysis and risk management; investigation or investigative journalism; or Due diligence and Financial Fitness Assessments