Specialist: Strategic Capital Mngt

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Career Stream- Quantitative- Leadership Pipeline- Manage Self: Professional

Job Purpose

  • To assist with overall measurement, monitoring and management of capital allocation across the Group within the Board approved risk framework while contributing to the implementation of world class standards

Responsibilities:

  • Ensure the performance and running of Capital Adequacy Projection (CAPM) and Economic Capital aggregation models for Nedbank Group and Nedbank Ltd are executed timeously and accurately
  • Custodian of the CAPM, Inter Risk Diversification and Economic Capital aggregation models
  • Assist with the review and execution of the capital plan
  • Measurement, monitoring and management based on the Board approved / Management targets
  • Maintaining and enhancing the Internal Capital Adequacy Assessment (ICAAP) process, incorporating international bestpractice benchmarking
  • Strategic management of capital to ensure compliance with regulatory requirements
  • Assist with the review and update of the ICAAP for the African Subsidiaries and Nedbank Private Wealth International.
  • Assist with capital management in the Nedbank African Subsidiaries
  • Contribute to ALCO, Pillar III, GRCMC, Opcom, annual financial statements, etc
  • Challenge the CAPM and Economical Capital models, including evaluating the reasonableness of inputs/ assumptions and performing output analysis to test the functionality of the models
  • Work directly with business to ensure sound understanding of strategic capital management and value
- adding contribution to enhance capital allocation and management of the scare resources

  • Propose modifications/ enhancements to capital allocation methodologies
  • Play a key role in building high quality capital management requirements in Nedbank
  • Actively contributing to data mining/ sorting and enhancing MI reporting capabilities required to support Basel III and best practice


Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees


Preferred Qualification
  • Post graduate degree in Statistics/Mathematics, Commerce/ FRM/CQF
  • Minimum Experience Level 35 years relevant experience in an analytical environment.

Technical / Professional Knowledge

  • Banking knowledge
  • Governance, Risk and Controls
  • Industry trends
  • Microsoft Office
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Research methodology
  • Decisionmaking process
  • Data base programming knowledge


Behavioural Competencies
  • Communication
  • Continuous Learning
  • Collaborating
  • Decision Making
  • Initiating Action
  • Work Standards
- **_Please contact the Nedbank Recruiting Team at _

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