Current Jobs at Nedbank

Job Responsibilities

• Build and maintain relationships with internal stakeholders (i.e. the division’s 1st line as well as 2nd line cluster functions such as risk, AML and legal and 3rd line being audit) by establishing effective partnerships to identify and manage compliance risks
• Develop and maintain a clear understanding of the scope and nature of the business conducted by 1st line (business acumen)
• As part of 2nd line, engage with 1st line towards clarifying roles and responsibilities in the management of compliance risk i.e. risk identification, categorization, assessment, management (completing and maintaining Compliance Risk Management Plans - CRMPs) and monitoring
• Adopt and adhere to a risk-based approach in the management of compliance risk
• Develop a solid understanding of all high-risk legislation that applies to the cluster/business
• Keep abreast of all regulatory developments/changes that may potentially impact solution/product development and engaging relevant stakeholders on a timely basis to ensure business readiness and ongoing compliance risk management
• Provide advice and guidance to 1st line on compliance risks, controls, and possible contraventions, through formal and ad hoc monitoring and early detection
• Contribute to the creation of a compliance culture and compliance awareness in the cluster by becoming a trusted advisor to 1st line (whilst maintaining independence of mind as part of 2nd line) 

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Post Graduate Degree (Honours) in Commerce, Legal

Preferred Certifications

• Compliance Institute of South Africa (CISA) - preferred, not essential

Minimum Experience Level

• 3 - 5 years Compliance experience

Technical / Professional Knowledge

• Relevant regulatory knowledge
• Risk management process and frameworks
• Cluster Specific Operational Knowledge
• Governance, Risk and Controls
• Compliance reporting
• Reputational risk management
• Stakeholder management
• Codes of Good Governance

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Job Purpose

• To complete and manage the production and supply of Regulatory related information to the SA Reserve Bank (Prudential Authority).
• To provide oversight, support and advice to Offshore entities of Group reporting changes and requirements to ensure Regulatory compliance.
• To produce various MIS reports to internal stakeholders; as well as Ad-hoc external Stakeholder requests/submissions.
• To ensure the accuracy of reported data and continually review and implement enhanced governance processes and controls.
• To engage with and contribute to Group projects affecting Regulatory compliance that leads to seamless implementation and integration with existing reports and possible new requirements.
• To keep abreast of all Regulatory changes and inform senior management across the organisation of the potential impact of such changes.
• To manage external audit engagements.
• Subject Matter Expert (SME) in respect of Regulatory matters (BA returns and potentially new products/deal structures).
• Provide input and validate information in terms of related External / Public disclosures.
• Participate in associated Industry / BASA committees. 
• Build additional analysis and review processes of reported and supplementary information. 

Outputs (deliverables)

• Complete and Analyse BA returns (including provision of the Banks’ Act and Regulations).
• Enhance internal reporting tools, processes and controls (where applicable).
• Effective consulting and provision of information to internal stakeholders on regulatory issues.
• Effective self-management.
• Effective management and development of subordinates (where applicable).
• Effective time/deadline management in relation to internal source/input providers.

Education

•  B Com (Finance); CA(SA), or similar degree required.

Experience

• Accounting background and experience / track record in a regulatory reporting role (Banks Act and Regulations relating to the Banks Act).
• Good understanding of accounting, the Banks’s Act and its regulations. 
• Understanding of DAMA data life-cycle. 

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Technical Competencies

• MS Office (Excel, Word, PowerPoint, Outlook and Teams).
• IFRS.
• Basel Framework.
• Data analytics.
• Exposure to SQL and PowerBI (advantageous). 

Minimum Experience Level

• 2 years regulatory experience of which at least 1 year in analysis

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Job Responsibilities

• Reviewing key aspects of each model under review: model design, model documentation, quality of model inputs, model implementation and model governance 
• Performing audit fieldwork in terms of the audit program. 
• Documenting the audit testing performed. 
• Stakeholder engagements on audit issues identified.
• Drafting of audit report: including executive summary and detailed audit findings. 
• Evaluating and monitoring of corrective actions taken to address control weaknesses identified. 
• Attendance of key risk committee and technical risk committee meetings where relevant 
• Interaction with the regulating authorities on model related matters. 
• Maintaining awareness of risk issues and changes across business units within Nedbank Group, as well as the Financial Industry 
• Seeking out internal and external best practice information to improve the quality of audits and provide customers with world-class perspectives and solutions.
• Reporting significant issues related to the processes for controlling the activities of the Group whilst considering key/or emerging risks in annual audit plan.
• Ensuring continuous improvement of the quality of audits through providing professional insights;
• Providing insights from the outcomes of internal audit work to appropriate governing bodies, including the GAC and Board Risk Committee.
• Maintaining an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders including Institute of Internal Audit, SARB, External Audit and Business Executives.
• Building rapport and understand client current business reality, requirements, risks, and expectations and consider key and/or emerging risks in annual audit plan.
• Ensuring that billable hours, budgets, and resources are optimally planned, and quality audits are delivered.

Minimum Experience Level

• 3 years + extensive experience in model development, testing and validation or Model/Quantitative risk Audit (preferably within the banking or similar financial services industry);
• Ability to operate independently with minimal supervision; 
• Knowledge of statistical, financial, risk and quantitative methods; 
• Proficiency in programming software packages such as SAS, SQL, R, VBA, PYTHON and MATLAB. 
• Understanding of credit, operational, market and liquidity risk models as defined by Basel II & III will be advantageous
• A comprehensive understanding of relevant financial services regulatory frameworks and compliance requirements as well as practical experience of these. 
• Knowledge relating to Corporate Investment Banking including Market Risk.

The following additional experience is preferred:

• Extensive internal/external audit and / or risk management experience in banking;
• Actuarial and/or Market Risk experience.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• A Business Mathematics/Actuarial/Financial Engineering/Informatics/Quantitative Risk Management Degree with majors in Mathematics and Statistics is essential. 
• A post graduate degree would be advantageous

Technical / Professional Knowledge

• Audit reporting
• Audit standards and practices
• Banking knowledge
• Governance, Risk and Controls
• Ethics and Fraud
• Reputational risk management
• Information technology
• Business writing skills
• Regulatory, Legal and Economics Principles
• Business Acumen

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Job Responsibilities

Client Engagement:

• Respond to client needs by offering the right service and solution.
• Build client trust by applying your expertise and experience to do good for your client.
• Educate clients and potential clients on how to subscribe and service their account.
• Treat clients with respect, build trust, show care and humility in all client interactions.
• Help clients achieve their goals and grow financially.
• Own the client request end to end and route for alternative intervention if not equipped to service the client.
• Entrench clients and deliver value through cross selling.
• Facilitate the sales process by informing clients of the product features and benefits.
• Document client needs analysis and provide corresponding product solutions.
• Obtain referrals from existing clients as well as leads from other business units.
• Build, maintain and retain client relationships by keeping clients informed of progress or action taken regarding their applications, queries, and requests.
• Educate clients on the use of, secure, alternative, cost effective, time saving and convenient self-service channels.
• Collaborate with internal stakeholders to provide complete financial solutions for clients.
• Ensure great client experiences by making the client feel welcome, listened to, and owning and solving their financial problems.
• Ensure clients are onboarded in line with Nedbank's product strategy, policy, and procedure.
• Act with a client first mindset in all client engagements.

Nedbank Goals:

• Contribute to the success of Nedbank through meeting your service excellence, teamwork and personal development goals whilst adhering to Nedbank security, operational and compliance procedures, and policies.
• Develop, retain, and grow the business by delivering against individual and team goals that support a positive client experience.
• Increase market share of primary clients by entrenching clients through Core+ needs discussions, salary and debit order switching as well as enrolling clients on the various digital platforms.
• Identify and resolve work obstacles and problems through participating in team meetings, sharing information and reviewing performance against targets and standards.
• Ensure all sales activities are completed to plan, progress reviewed, and corrective action taken.
• Support the achievement of the sales and service strategy objectives and values.
• Enable Nedbank's strategy of being financial experts who do good.
• Covert leads into sustainable business for Nedbank in a responsible manner.

Risk and Compliance:

• Mitigate risks and meet legislative requirements (e.g. FICA, FAIS and Letter of Authority) by being accredited and updating and maintaining client information.
• Report suspicious transactions to the relevant department.
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, communications, and training material.
• Manage risk by meeting technical, company standards, practices, and resource management (e.g. ultra-violet lights to identify false identity documents).
• Be a responsible employee by being compliant to Nedbank policies, controls, regulations, and banking legislation.

Job Responsibilities Continue

• People Specification

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Banking Services (example, Higher Certificate in Banking Services - NQF5)

Essential Certifications

Preferred Certifications

Minimum Experience Level

• 2-3 years working experience as a Client Services Consultant within the Asset Management industry.
• Experience with Investments/Pension Funds/Retirement Fund in an Asset Management Business
• A sound technical understanding of Collective Investment Schemes and Retirement product

Technical / Professional Knowledge

• Product Knowledge
• Customer service principles
• Nedbank policies and procedures
• Customer relationship management

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Job Responsibilities

• Build a culture of excellence and embrace a behavioural model by establishing and growing strong internal and external relationships.
• Drive and participate in collaboration, cross-selling, idea generation/innovation, convergence, client alignment with internal stakeholders to realise the synergies from different Clusters in Nedbank and divisions in NedCap. Uphold Nedbank's integrity.
• Contribute to the development of differentiated, superior products/solutions/structures that meet client needs in the defined markets.
• Implement and manage transactions successfully for its duration up to maturity through joint co-ordination of requisite legal, tax, regulatory or accounting components reflecting technical skills and capabilities and quality of transaction implementations.
• Adhere to internal compliance standards and external regulatory requirements, especially with regards to transactions/ proposals/documentation/structures/models.
• Comply with risk standards at targeted levels.
• Contribute to the Nedbank Capital three-year planning process. Ensure that work is allocated with clear accountability.
• Create a succession plan to develop leaders and potential successor.
• Ensure transformational targets are met.
• Participate in the development and implement action plans to address issues raised in culture surveys.
• Create a client service culture.
• 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.
• Achieve operational excellence.
• Encourage team to generate innovative ideas and share knowledge.
• Generate revenue and build the transaction pipeline. Retain business with existing clients (share of wallet maintenance) and/or increase in business with existing clients (share of wallet growth).
• Deliver budget as per Nedbank Capital three-year business planning process.
• Manage performance of staff by implementing performance agreements and ensuring a clear vision.
• Mentor and coach staff on identified performance gaps. Allow for team growth by empowering members to contribute positively to profitable growth.
• 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 conducting career conversations, using the talent grid principles and developing talent retention programmes.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Professional qualification/ relevant Postgraduate Degree

Minimum Experience Level

• 7-10 years related capital markets experience with emphasis on client relationships and relevant structured product knowledge

Technical / Professional Knowledge

• Budgeting
• Communication Strategies
• Consumer behaviour
• Diversity management
• Employee training/development
• Operations planning
• Organisational systems
• Principles of project management
• Strategic planning
• Business writing skills

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Job Responsibilities

• Identify opportunities to expand the national sales portfolio by offering sustainable financial solutions to clients committed to sustainability practises
• Cultivate relationships with clients interested in sustainable finance solutions, understanding their environmental and social impact goals and offer customised financial solutions.
• Collaborate with clients to develop sustainable financing structured, impact investing opportunities and other offerings aligned with their values and objectives.
• Engage and establish relationships with external stakeholders, industry groups and regulatory bodies.
• Implement risk mitigation strategies and adhere to sustainable banking practises to safeguard the bank’s reputation and financial stability.
• Lead transaction to close by completing deal assessments; running various pricing scenarios; structuring the transaction; negotiating legal documents; preparing credit applications and executing on compliance and presenting application to credit committee.
• Adapt to changes in all relevant legislation and industry trends by attending relevant training sessions or informal meetings with relevant divisions.
• Ensure appropriate allocation of revenue streams by submitting proposals to finance including a motivation for the recommended classification of the revenue.
• Resolve work obstacles by lobbying and one on one engagements with relevant stakeholders.
• Assess the financial viability and long-term sustainability of projects and companies undergoing sustainable initiatives.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. Barrett Surveys etc.).
• Achieve business strategy (e.g. Social responsibility; Green Strategy) by participating and supporting corporate social responsibility initiatives.
• Influence the improvement or enhancement of business processes and methodologies by researching and recommending improvement initiatives and effective ways to operate and add value to Nedbank.
• Develop a thorough understanding of needs through conducting client visitations.
• Establish and maintain relationships with stakeholders through collaboration with relevant business partners by communicating and sharing client information and passing on leads.
• Develop and enhance relevant models by partnering with external stakeholders (e.g. associations) formally and informally.
• Enhance the profile of Nedbank identify opportunities to promote the brand; develop and deliver marketing plans by organising sponsorships; events and/or road shows.
• Job Responsibilities Continue
• Review client value propositions annually by assessing industry and/or market trends and performance. 
• Monitor and identify potential risks of the portfolio through analysis of early warning signals (e.g. cash-flow constraints; growing debt etc.); implementing appropriate actions to mitigate risk (e.g. offer appropriate assistance in terms of support) for both the client and Nedbank.
• Ensure a uniform credit process is applied across regions by providing customised client value propositions; input into credit guidelines and credit minutes; assessing applications and recommending approval and/or decline of applications.
• Provide input and advice pertaining to the selection of business solutions/products that can be offered through regular engagement with various product houses and by ensuring that new developments and/or solutions (e.g. Retailers lending products; renewable energy finance etc.) are introduced and offered to the market.
• Formulate and manage national budget through assessment of market trends and business banking strategy.
• Ensure delivery of annual financial targets and strategy of the department by adhering to budget and timelines.
• Ensure business results are achieved by distributing annual financial targets according to guidelines to relevant areas and by monitoring and tracking achievement of 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 management.
• Ensure personal growth and application of new competence in function to enable effectiveness in performance of roles and responsibilities by ensuring that all personal development plan activities are completed within specified timeframes. 

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor’s Degree in Business/ Finance/ Environmental Studies or related field
• A postgraduate qualification is advantageous: i.e. Advanced Degree, Honours, Masters / MBA

Minimum Experience Level

• 8 - 10 years’ experience in commercial banking sales with a specific focus on sustainability initiatives
• Minimum of 5 years of experience directly involved in credit analysis and deal structuring for sustainability related deals

Technical / Professional Knowledge

• Base/Market Segments
• Business Acumen
• Business terms and definitions
• Nedbank vision and strategy
• Principles of project management
• Relevant Nedbank product knowledge
• Relevant regulatory knowledge
• Risk management process and frameworks
• Cluster Specific Operational Knowledge
• Credit Assessment for Credit Wortiness oF Client

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Job Responsibilities

• Analyse manufacturing industry trends, customer needs and competitor activities to identify opportunities for expanding the portfolio.
• Provide leadership and direction to the sales team focused on manufacturing clients ensuring alignment with overall business objectives.
• Cultivate and maintain strong relationships with key manufacturing clients and partners, understanding their unique banking requirements and provide customised banking solutions.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. Barrett Surveys etc.).
• Achieve business strategy (e.g. Social responsibility; Green Strategy) by participating and supporting corporate social responsibility initiatives.
• Influence the improvement or enhancement of business processes and methodologies by researching and recommending improvement initiatives and effective ways to operate and add value to Nedbank.
• Develop a thorough understanding of the needs through conducting client visitations and collaborating with industry players. 
• Establish and maintain relationships with stakeholders through collaboration with relevant business partners by communicating and sharing client information and passing on leads.
• Develop and enhance models by partnering with external stakeholders formally and informally.
• Enhance the profile of Nedbank among the fraternity; identify opportunities to promote the brand; develop and deliver marketing plans by organising sponsorships; events and/or road shows.
• Draft visitation plan by planning visits according to manufacturing strategy; annual plans and targeting "most wanted" and by reviewing progress; revising plans and monitoring progress.
• Review client value propositions annually by assessing industry and/or market trends and portfolio performance. 
• Monitor and identify potential risks of manufacturing portfolio through analysis of early warning signals (e.g. cash-flow constraints; growing debt etc.); implementing appropriate actions to mitigate risk (e.g. offer appropriate assistance in terms of support) for both the client and Nedbank.
• Ensure a uniform credit process is applied across regions; by providing customised client value propositions; input into credit guidelines and credit minutes; assessing applications and recommending approval and/or decline of applications.
• Provide input and advice pertaining to the selection of business solutions/products that can be offered to the sector through regular engagement with various product houses and by ensuring that new developments and/or solutions lending products; treasury management services; trade finance etc.) are introduced and offered to clients in the manufacturing industry.
• Formulate and manage national budget through assessment of market trends and business banking strategy.
• Ensure delivery of annual financial targets and strategy by adhering to budget and timelines.
• Ensure business results are achieved by distributing annual financial targets according to guidelines to relevant areas and by monitoring and tracking achievement of 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 management.
• Ensure personal growth and application of new competence in function to enable effectiveness in performance of roles and responsibilities by ensuring that all personal development plan activities are completed within specified timeframes. 

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor’s Degree in Business/ Finance/ Economics/ Industrial Engineering, or related field
• A postgraduate qualification would be advantageous: i.e. Advanced Degree, Honours, Masters / MBA

Minimum Experience Level

• 8-10 years’ experience in commercial banking sales with a specific focus on manufacturing clients
• 5 years' experience directly involved in credit analysis, origination and deal structuring for manufacturing clients

Technical / Professional Knowledge

• Base/Market Segments
• Business Acumen
• Business terms and definitions
• Nedbank vision and strategy
• Principles of project management
• Relevant Nedbank product knowledge
• Relevant regulatory knowledge
• Risk management process and frameworks
• Cluster Specific Operational Knowledge
• Credit Assessment for Credit Wortiness of Client

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Job Responsibilities

Event Management:

• Plan and execute client and staff events, including logistics, venue coordination, and post-event communication.
• Support larger events and industry initiatives in collaboration with the marketing manager and other stakeholders.

Online Events:

• Organize and manage webinars, including planning, registration, attendance tracking, and post-event follow-up.
•  Handle logistics for pre-recordings for online events.

Communications and Content Management:

• Maintain digital properties, including the company website and internal communication sites.
• Oversee website content, collaborate on user experience enhancements, monitor analytics, and coordinate brand content publishing.
• Develop and manage a content calendar for various channels.
• Manage brand social media accounts and podcast production.
• Handle PR and media contact management.

Marketing Material Development:

• Coordinate the development and delivery of marketing materials.
• Procure branded promotional materials for events and activations.

General:

• Coordinate tasks, resources, and stakeholders to support activities and meet financial objectives.
• Ensure personal growth and effectiveness in roles by completing learning activities and maintaining certifications.
• Maintain knowledge sharing within the team and provide input for marketing reports.
• Identify and support the implementation of enhancements to processes, systems, and policies.
• Provide administrative support for marketing activities.

Minimum Experience Level

• 2-3 years' experience in sales, marketing or advertising environment. 

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Relevant Bachelors Degree or National Diploma in Marketing and or Communications

Technical / Professional Knowledge

• Administrative procedures and systems
• Business principles
• Data analysis
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills