Quantitative Analyst at Nedbank

Job Purpose
To develop and maintain best practice qualitative and quantitative analytics and data assets that informs risk management strategies and processes in line with regulations and Nedbank standards. 

Job Responsibilities

• Build and formally present reports by monitoring business performance and operations within the set risk appetite and through analysis, as and when required.
• Increase efficiencies through programming and automating processes.
• Participate in analytics-based projects that cover different aspects of credit risk management, including Credit Risk RWA, IFRS9 ECL adequacy, scorecards, and models. 
• Drive process improvements across the credit risk reporting landscape.
• Provide trend analysis and assurance on portfolio movements, with relevant investigation and interpretation.
• Contribute to a high-performance team culture and continuous improvement via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• 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.
• 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.

Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction.

Minimum Experience Level

• 0 - 3 years relevant experience in an analytical environment

Essential Qualification

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

Preferred Qualification

• Post graduate degree in Statistics / Mathematics / Economics / Engineering / Informatics

Type of Exposure

• Analysing situations or data that requires an in-depth evaluation of multiple factors 
• Developing ways to minimize risks 
• Influencing stakeholders to obtain buy-in for concepts and ideas 
• Sharing information in different ways to increase stakeholders’ understanding 
• 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
• Conducting root cause analysis
• Technical / Professional Knowledge
• Industry trends 
• Microsoft Office (with strong Microsoft Excel capabilities)
• Relevant regulatory knowledge 
• Relevant software and systems knowledge (SAS/SQL/Python/R/Statistical Packages)
• Risk management process and frameworks 
• Business writing skills 
• Quantitative Skills
• Business Acumen 
• Behavioural Competencies
• Applied Learning 
• Communication 
• Collaborating 
• Continuous Improvement 
• Quality Orientation and Attention to Detail

Technical/Professional Knowledge and Skills

• Accountability
• Commitment
• Analytical thinking 
• Self-starter
• Deadline driven
• Curiosity and flexibility
• Business acumen