Head Quants: Acquisition Scorecard at Nedbank

Job Purpose

• To manage and oversee a team responsible for the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management. Provide input into strategic objectives and ensure delivery thereof.

Job Responsibilities

• Contribute to the development of differentiated, superior solutions (solution engineering) that meet stakeholder and business requirements.
• Ensure product and/or solution design is congruent with the required business specifications.
• Enable the realisation of the financial business benefits accruing including minimisation of operational costs.
• Contribute to the development of differentiated, superior solutions (solution engineering) that meet stakeholder and business requirements.
• Ensure business needs are met through consistent engagement and assistance to business, Provide stakeholders with appropriate insights and enable business growth through delivering analytical results, recommendations, research, analytical methods, appropriate systems and market insights.
• Understand internal and/or external client needs and requirements.
• Ensure transformational target are met.
• Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example.
• Participate in the development and implement action plans to address issues raised in culture surveys to improve results.
• Create a client service culture.
• Achieve operational excellence.
• Encourage team to generate innovative ideas and share knowledge.
• Manage performance of staff by implementing performance agreements and ensuring a clear vision. Mentor and coach staff on identified performance gaps.
• Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
• Follow the recruitment process when recruiting talent.
• Maintain a high performing team and ensure an environment for optimal performance is created by identifying talent pool through career conversations, using the talent grid principles and developing talent retention programmes.
• Ensure self and staff understand and embrace the Nedbank vision and values by leading by example and re-enforcing values during meetings
• Manage the onboarding process of new employees. Produce results in line with business strategy and requirements.
• Ensure team has been allocated with a Balance Scorecard with clear measurements.
• Evaluate team performance in accordance to key indicators in Balance Scorecard Design Development Plans of the team guided by the Career Pathing framework.

Professional Exposure

• Strong leadership and team management capabilities
• Advanced quantitative and statistical modeling skills
• Strategic planning and change management

Deep understanding of:

• Regulatory frameworks (e.g., Basel, IFRS9)
• Client service principles
• Diversity and operations planning

Proficiency in:

• Business writing and communication strategies
• Analytical tools and programming languages (e.g., SAS, Python, R)

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Professional Qualifications/Honour’s Degree

Qualification
Essential:

• Advanced Diploma or National First Degree in a quantitative discipline

Preferred:

Postgraduate Degree in:

• Statistics
• Mathematics
• Financial Risk Management (FRM)
• Chartered Financial Analyst (CFA)
• Certificate in Quantitative Finance (CQF)

Minimum Experience Level
Minimum 6 years of relevant analytical experience in the financial industry, ideally including:

• Credit risk modeling and scorecard development
• Leading or managing quantitative teams
• Strategic planning and stakeholder engagement
• Regulatory compliance and risk frameworks

Technical / Professional Knowledge

• Change management
• Client service principles
• Communication Strategies
• Diversity management
• Operations planning
• Relevant regulatory knowledge
• Strategic planning
• Business writing skills
• Quantitative analytical techniques
• Problem solving skills

Behavioural Competencies

• Earning Trust
• Coaching
• Communication
• Decision Making
• Business Acumen
• Driving for Results
• Planning and Organizing
• Delegation and Empowerment