Latest Jobs at Nedbank

Job Purpose

To enhance the effective use of credit analytics across Group Risk through enhancing the Group’s ability to more actively manage the credit portfolio, assisting to optimise the return on credit, in line with the business unit's risk appetite and Nedbank business strategy.

Job Responsibilities

• Focus on credit portfolio analytics from a Group perspective and driving the development of an analytics framework which involves, but are not limited to:

• Creating and maintaining strategically focussed analytical tools

• Provision of MI, analysis and reporting, including recommendations on Economic Profit (EP) and Shareholder value-add (SVA) optimisation, and other important Portfolio Tilt lens’s

• Enhance the analysis of asset returns metrics

• Enhance risk/return analytics and conduct deep dives

• Conduct high quality analytics to actively support Group Credit Risk in the management of credit strategy and risk appetite

• Provision of asset Market share/peer analytics

• Mentoring the analysts in your team and identify relevant development needs.

• Contribute to the GRA Manco to ensure a cohesive unit

• Stay abreast of developments in field of expertise, ensuring personal and professional growth.

• Understand and embrace the Nedbank vision and values, leading by example.

• Deliver services to internal client expectations.

• Build internal and external stakeholder relationships.

• Maintain a high-performing team by identifying a talent pool through conducting career conversations and using the talent grid principles and developing talent retention programmes.

• Sharing knowledge and insights with junior members of the team

Essential Qualifications

Relevant Quantitative qualification

Preferred Qualification

Relevant Post-graduate Quantitative qualification

Minimum Experience Level

10+ years of relevant analytical experience including 5 years management experience, with 5+ years in a credit risk environment

Technical / Professional Knowledge

• Insights into credit risk regulatory principles (IFRS9 framework, Basel framework, impairment methodology, probability of default, exposure at default, loss given default, profitability measures)

• Structured planning, including resource management

• Strategic planning

• Industry trends

• Relevant software and systems knowledge

• Risk management process and frameworks

• Business writing skills

• Quantitative Skills

Type of Exposure

• Coaching and mentoring others

• Building a community of leaders

• Developing a functional/divisional strategy

• Managing complex boardroom dynamics and exhibiting a strong boardroom presence

• Managing multiple functions

• Developing succession plans

• Formulating and implementing communication strategies to cascade functional strategies

• Conducting benchmarking exercises to investigate improvement opportunities

• Executing major organisational change

• Managing business risks

Behavioural Competencies

• Compelling Communication

• Driving Execution

• Accountability

• Emotional Intelligence

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Job Purpose

To provide oversight and manage performance of the existing Risk Portfolio that includes the full range of products from guaranteed acceptance (Funeral), simplified underwriting and fully underwritten product sets.  To assist with new product concepts that will be developed in collaboration with Distribution and Client Experience.

Job Responsibilities

• Report monthly on actuarial-based requirements for the business via business presentations.

• Enhance and report on existing products through standardised industry procedures.

• Create new products to provide better client solutions.

• Review pricing structure in line with the market trends

• Compile quarterly business scorecard in terms of client service requirements to meet their needs.

• Collaborate with different business units in order to find solutions to clients' needs and assist other stakeholders within the business where necessary.

• Assess the end result of business projects by reference to key perfomance indicators mapped out in the business case. 

• Analyse business volumes and measure these against the target set out on an annual basis. 

• Monitor regularly the profile of business taken on to ensure products are sold to the correct target market.

• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.

• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.

• 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.

• 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.

• Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

People Specification

Essential Qualification

• Matric plus BCom or BSc (Actuarial Science)

Minimum Experience Level

• 4 - 6 years in the Actuarial field.

Type of Exposure

• Comparing two or more sets of information" "Working with a group to identify alternative solutions to a problem

• Completing various administrative duties (e.g. Naming conventions; files and folder maintenance; data management)

• Managing conflict situations

• Comparing two or more sets of information

• Communicating internally and external

• Capturing data

• Checking accuracy of documentation and records

• Building and maintaining effectiv3e relationships with internal and external clients

• Managing customer expectations

• Working in a team

• Working in a fast-paced environment

Technical / Professional Knowledge

• Administrative procedures and systems

• Banking knowledge

• Business principles

• Business terms and definitions

• Data analysis

• Governance, Risk and Controls

• Microsoft Office

• Nedbank culture and values

• Nedbank vision and strategy

• Relevant software and systems knowledge

• Business writing skills

Behavioural Competencies

• Adaptability

• Applied Learning

• Communication

• Collaborating

• Innovation

• Work Standards

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Job Purpose

• Assists in improving the customer experience by gathering customer insights, analyzing data, mining information across all customer touch points and channels and translating it into

• actionable activities. Ensures stakeholders understand how to interpret and apply data

Job Responsibilities

• 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.

• Identify opportunities to improve or enhance processes.

• Add value to Nedbank by supporting the implementation of new processes, policies and systems.

• Contribute to the achievement of team goals.

• Ensure knowledge management, continuity and team success through constructive participation in a diverse team and by sharing knowledge with team.

• Ensure team success.

• Plan and monitor business analysis.

• Ensure business analysis activities, communication approach, requirements management and analysis performance.

• Turn data into information to drive action

• Prepare and support dashboard reports containing VOC and operational metrics that are relevant to specific business units.

• Conduct and document requirements elicitation through brainstorming, prototyping, etc Ensure work is completed to plan.

• Analyze and document enterprise.

• Define the business needs.

• Assess and validate solution, requirements and organizational readiness.

• Define assumptions and constraints, specify, model, organize, priorities, verify and validate requirements.

• Conduct requirements management and communication.

• Report progress on tasks and deliverables assigned through regular feedback sessions.

• Deliver requirements outputs on time.

• Understand stakeholder needs. Participate in stakeholder identification, management and analysis.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Essential Qualifications

Preferred Qualification

Relevant qualification in Business Analysis from one of the IIBA™ Endorsed Education Providers contributing towards future certification (advantageous).

Minimum Experience Level

1 - 3 years working experience (business or IT)

Additional Requirements

• Presents and explains customer data to internal stakeholders

• Project management and prioritization

• Cross-functional collaboration

• Ability to use advance excel/R and relevant tools to analyze data and create visuals

• Use stories to compellingly and effectively present customer feedback to stakeholders

• Well-developed ability to solve data related problems

• Growth + Client experience + Curious Mindset

• Patience & Perseverance

• Self-awareness

• Client Experience

• work with Qualtrics

• power BI

• putting date togather

• working with complaints data

• Heat Map

Type of Exposure

• Built and managed stakeholder relationships

• Completed Reports and Achieved Budgets

• Designed Workforce Planning Solutions

• Developed and Implemented Communications Strategy

• Manage internal process

• Managed Relationships

• Managed Self

• Supported Transformation, Change and continued Improvement

Technical / Professional Knowledge

• Business principles

• Data analysis

• Relevant regulatory knowledge

• Business writing skills

• Project Management

• Relevant Governance controls and regulatory knowledge

• Information Technology concepts

• Usability and GUI techniques

• Problem solving skills

• Modelling (ARIS /UML)

• End -to End Innovation Lifecycle Method

• BA Body Of Knowledge

• Functions specific policies procedures and systems knowledge

• Business Analysis Descipline , Techniques and Practices

Behavioural Competencies

• Applied Learning

• Communication

• Decision Making

• Influencing

• Resolving Conflict

• Building partnerships

• Quality Orientation

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Job Purpose

To provide actuarial solutions to internal and external clients within the insurance industry; in line with Nedbank client value proposition. The role is based within Nedbank Insurance and offers exposure to both long and short term insurance.

Job Responsibilities

• Investigatig IFRS 17 reporting requirements for Nedbank Insurance's products.

• Drafting IFRS 17 for Nedbank Insurance.

• Developing and understanding the current valuation and reporting processes.

• Testing and implementing solutions to meet IFRS17 requirements.

• Interacting with the Nedbank Insurance Finance and Corporate Actuarial teams involved in the Nedbank Insurance IFRS 17 implementation.

• The candidate will work with various stakeholders from Finance and Corporate Actuarial to transition the business from IFRS 4 reporting to IFRS 17 reporting.

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

• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BSc (Actuarial Science)

• BSc (Hons) Actuarial Science

• MSc (Actuarial Science)

Essential Certifications

Preferred Certifications

Type of Exposure

• Comparing two or more sets of information Working with a group to identify alternative solutions to a problem

• Managing conflict situations

• Sharing information in different ways to increase clients understanding

• Communicating internally and external

• Capturing data

• Checking accuracy of reports and records.

• Drafting reports

• Managing customer expectations

• Interacting with diverse people

• Working in a fast-paced environment

• Working in a team

• Working with spreadsheets

Minimum Experience Level

• 1 -3 years in the Actuarial field.

• Valuations experience (short-term insurance and/or long-term insurance) will be an advantage.

• IFRS 17 knowledge will be an advantage.

• SAM, SVM, IFRS or EV reporting

• Prophet, DCS, ResQ or R experience will be an advantage.

• We are looking for an actuarial student who can engage with key IFRS 17 issues under agreed deadlines.

Technical / Professional Knowledge

• Administrative procedures and systems

• Banking knowledge

• Business principles

• Business terms and definitions

• Data analysis

• Microsoft Office

• Relevant software and systems knowledge

• Business writing skills

• Governance, risk and controls

Behavioural Competencies

• Adaptability

• Applied Learning

• Communication

• Collaborating

• Innovation

• Work Standards

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Job Purpose

• To monitor and provide assurance on the adherence to compliance practices in client facing clusters to ensure compliance risks are managed and reported across Nedbank.

Job Responsibilities

• Monitor compliance risks and determine the state of compliance in client facing Clusters.
• Ensure compliance requirements are adhered to and adequate compliance risk management practices implemented.
• Execute the annual compliance risk-based program.
• Provide input, review and ensure accurate reporting and articulation of compliance.
• Provide guidance in the completion of subsidiary compliance risk monitoring programs.
• Provide advice and/or input to internal stakeholders on possible contraventions of compliance risks through early detection.
• Maintain relationships with internal stakeholders by establishing partnerships in managing compliance risks.
• Engage with stakeholders formally through determining scope of work, understanding and identifying client needs.
• Develop collaborative relationship with the Compliance Institute of South Africa (CISA).
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, including CSI.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Post Graduate Diploma: Risk Management , Advanced Diplomas/National 1st Degrees

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

Minimum Experience Level

• 8 -10 years experience in risk management of which 5 years in a compliance related role
• Technical / Professional Knowledge
• Change management
• Cluster specific operations
• Compliance reporting
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Reputational risk management
• Risk management process and frameworks
• Stakeholder management
• Codes of Good Governance

Behavioural Competencies

• Decision Making
• Influencing
• Building Trusting Relationships
• Managing Work
• Quality Orientation
• Stress Tolerance

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Job Purpose

To manage the strategy; planning; organising; negotiating; staffing; directing and controlling of all aspects of projects or programmes for a portfolio in ensuring the successful implementation of Projects to realize the business strategy

Job Responsibilities

• Ensure best practice service delivery by ensuring that client needs are accurately captured in scope and signed off by stakeholders.

• Proactively support stakeholders.

• Manage stakeholder expectations across portfolio.

• Ensure optimal project delivery to stakeholders.

• Manage deviations to project plan and agreed with stakeholders timeously.

• Mange projects.

• Ensure effectiveness of stakeholder management across portfolio, and that deviations are managed properly.

• 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.

• Ensure issues raised in culture survey are addressed and results are improved.

• Deliver a world-class service by ensuring a client centric culture.

• Identify areas of resource inefficiencies and promote optimization through multi-skilling and addressing capacity gaps.

• Ensure projects are delivered on target within due date, budget and per scope and project governance.

• Plan and prioritize the agreed project portfolio to deliver optimized business value in alignment with three-year plans.

• Conduct capacity management across project.

• Ensure the delivery of services.

• Ensure projects are delivered in accordance to project governance.

• Manage branch budget and the allocation of project resource costs appropriately across the portfolio.

• Lead in the formation of the strategy planning for the project function and for the Business Units served by the function.

• Ensure quality projects by making amendments to processes, structures, operating models and business plans to ensure optimal team delivery.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

SMP or equivalent
PMP or Prince certification or equivalent PM framework

Preferred Certifications

PMP or Prince certification.
Programme Management certification (PGMP)

Minimum Experience Level

10 years experience working in a project environment of large project and or programmes of which 2-3 years management

Technical / Professional Knowledge

• Management information and reporting principles, tools and mechanisms

• Organisational behaviour theory

• Capacity planning

• Client Service Management

• Talent management

• Stakeholder management

• Financial management

• Microsoft Project

• Project Tool Kit

• Project Management

Behavioural Competencies

• Sharing Responsibility

• Leading Change

• Leading Teams

• Driving for Results

• Inspiring others

• Building Partnerships