Strategy Specialist: B-bbee

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Requisition No & Talent Acquisition Contact

  • REQ ID: Busi Radebe
Closing Date: 27 March 2024- Job Family- Finance

  • Career Stream
  • Strategic


Leadership Pipeline
  • Manage Self: Professional

Job PurposeResponsibilities**:

  • Providing technical expertise in order to create scenarios and strategic plans and for the annual business planning process related to Broad-Based Black Economic Empowerment (B-BBEE).
  • Overseeing the B-BBEE verification process for the Group and its subsidiaries on an annual basis.
  • Ensuring that the bank adheres to all B-BBEE and related legislation.
  • Submitting compliance reports both internally and externally.
  • Collaborating on the creation or revision of Business Transformation policies and risk management frameworks.
  • Keeping the business informed about developments in the B-BBEE landscape and other industryrelated matters.
  • Generating scorecards, including the Transformation costbenefit model, on a monthly basis.
  • Monitoring Group and Cluster performance against targets, identifying business needs, and facilitating corrective action if targets are not met.
  • Overseeing internal reporting to various committees within the bank, including the CEO's pack, Group EXCO, Transformation and Human Resources Committee (TRAHRCO), Group Transformation Social and Ethics Committee (GTSEC), Nedbank Diversity, Equity and Inclusion Committee (NDEIF), Group Transformation Forum (GTF), and Group Procurement Committee (GPC) Forum. Ensuring that the required standards of delivery are met.
  • Attending relevant committee meetings as needed, representing the Group Transformation Unit
  • Managing responses to external questionnaires and surveys from entities such as the Financial Sector Transformation Council (FSTC), Banking Association South Africa (BASA), National Credit Regulator (NCR), Empowerdex, and Intellidex.
  • Engaging with stakeholders to create and drive project development, ensuring alignment with related B-BBEE legislation.
  • Managing ad hoc strategic Transformation Work streams to achieve all agreedupon outcomes.
  • Overseeing the operationalisation of the automated B-BBEE system, including scenario planning capabilities, and ensuring timely updates to legislative changes.
  • Collaborating with other institutions and key external stakeholders to identify best practices in Transformation. Staying informed about opportunities and current Transformation trends.
  • Dealing with B-BBEE requests from the Group, such as developing the Transformation Review Chapter for integrated reporting and providing information for Tender submissions.
  • Ability to analyse and assimilate information related to B-BBEE.
  • Implementing new ways of working to foster better connections and support among team members, ultimately enhancing performance and productivity.
  • Identifying relevant training courses and potential career progression through active input and feedback.

People Specification

  • Essential Qualifications
  • NQF Level
  • Advanced Diplomas/National 1st Degrees


Preferred Qualification
  • Bachelor's Degree in Commerce (Law or Similar)
  • BEE MDP Programmes
    Essential Certifications
  • Bachelor's Degree in Commerce (Financial Management/Auditing/Quants/Similar)
  • Minimum Experience Level
  • Must have a minimum 5 years professional experience working with the Financial Sector code from a BEE Financial Services perspective.
  • Behavioural Competencies
  • Building Trust
  • Decision Making
  • Facilitating Change
  • Gaining Commitment
  • Initiating Action
  • Innovation
  • Attention to detail
  • Quality assurance
  • Becoming a Business Advisor
  • High-Impact Communication

Technical / Professional Knowledge

  • B-BBEE Codes and related B-BBEE legislation, understand and interpret the Codes in detail with specialist knowledge and determining relevance and impact to Nedbank
  • Microsoft Office with Advanced PowerPoint, Excel and Word.
  • Business writing and report writing
  • Relevant regulatory knowledge
  • Industry trends
  • Business acumen
  • Relevant software and systems knowledge
  • Banking knowledge
  • Principles of financial management
  • Principles of project management
  • Business principles, terms and definitions
  • Data analysis and assimilation of data
  • Decisionmaking process
  • Governance, Risk and Controls
  • Basic computer concepts Information Technology concepts
  • Note that an open book MS Excel skills test will be administered to test your practical working experience of working with the full FSC scorecard / amended FSC as well as your skills and abilities of working with the full Generic scorecard (If you have not worked with the FSC). Please also note that you will be required to compile a 23 page power point slide to elaborate on and support your findings. **_Please contact the Nedbank Recruiting Team at _


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