Quantitative Analyst at Nedbank

Job Purpose

We are looking for a Qunatitative Analyst to provide Quantitative insights to the client lifecycle management team on client behaviour as it pertains to retention, cross sell and new sales.  This includes analysis on product holding, competitor product holding, attrition and profitability.   

Job Responsibilities

• Seek opportunities to improve client entrenchment via cross sell and client behavioural analysis

• Seek opportunities to limit client attrition by using output of various product attrition models, providing input to improve model accuracy and identify specific client attrition triggers

• Seek opportunities to improve client profitability by analysing product holding buckets and providing these opportunities to the marketing team for action

• Contribute to developing market leading CVP’s for our customers to improve customer experience and entrenchment.

• Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.

• Ensure continuity and knowledge base through documenting and recording processes and data models.

• Effectively communicate analytics deliverables to business in a concise and understandable fashion.

• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivery of sales and entrenchment targets.

• 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.

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

• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

• Research and make recommendations for corporate citizenship initiatives in area of influence

• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).

Minimum Experience Level

3 - 5 years experience as a quantitative analyst

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

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

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

• Executing strategy

• 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

• Managing multiple projects

Technical / Professional Knowledge

• Business Acumen

• Industry trends

• Microsoft Office

• Principles of project management

• Relevant regulatory knowledge

• Relevant software and systems knowledge

• Risk management process and frameworks

• Business writing skills

• Microsoft Excel

• Quantitative Skills