Senior Quantitative Analyst

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Requisition Number and Talent Acquisition Contact

  • REQ
    :131519
  • Location: Sandton, Johannesburg
Closing Date: 13 February 2024- Talent Acquisition
:Saranya Govender

  • Job Family
  • Investment Banking


Career Stream
  • Quantitative


Leadership Pipeline
  • Manage Self: Professional

Job Purpose

  • To enhance and maintain the models used for the calculation of Credit RWA and IFRS9 impairments for the Retail Unsecured Lending portfolios.
The incumbent will contribute to a team which specialises in a focus on credit risk.

Responsibilities include (but are not limited to):

Responsibilities:

  • Provision of MI, analysis and reporting on monthly capital and impairment results
  • Updates to EAD, PD and LGD models for Basel and IFRS9 purposes
  • Analytics around IFRS9 impairments
  • Analytics around Credit Capital (both RWA and ECAP), including, but not limited to, items such as RWA attribution development, ECAP vs. RWA analysis, ECAP optimisation
  • 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.
  • Sharing knowledge and insights with members of the team


Essential Qualifications
  • NQF Level
  • Advanced Diplomas/National 1st Degrees
  • Preferred QualificationPost graduate degree in Statistics / Mathematics / Economics / Engineering / Informatics
  • Minimum Experience Level years relevant experience in an analytical environment

Technical / Professional Knowledge

  • 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
  • Business Acumen
  • Quantitative
Skills

  • Behavioural Competencies
  • Applied Learning
  • Coaching
  • Communication
  • Collaborating
  • Decision Making
  • Continuous Improvement
  • Quality Orientation
  • Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at _

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