Senior Quantitative Analyst

6 days ago

Johannesburg, Gauteng, South Africa Nedbank Full time
Job Requisition Details

REQ#134566

Location: Johannesburg, South Africa

Closing Date: 03 July 2024

Talent Acquisition: Bongiwe Mchunu

Job Family

Investment Banking

Department

Quantitative - Relationship Analytics

Leadership Pipeline

Manage Self: Professional

FAIS Affected

Job Purpose

To develop and maintain best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management and/or attainment of strategic objectives.

Job Responsibilities
  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to; monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Increase efficiencies through programming and automating processes.
  • Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
  • Challenge model builds from around the cluster through peer review participation and ensuring best practice.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Research and make recommendations for corporate citizenship initiatives in area of influence
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensure data accuracy through data and front-end analysis; pre and post testing of system/strategy changes.
  • Ensure business process consistency through formal communication; updating and maintaining policies.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Review reporting and ensure accuracy through analysis and providing feedback.Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • 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.
  • Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
Job Responsibilities Continue
  • Quantitative abilities such as machine learning, statistics, and business analytics
  • Advanced skills in Python or R are necessary, as well as familiarity with SQL/NoSQL
  • Experience working with ML toolkits such as Pandas, Scikit-learn, R, SAS, or other relevant software
  • Experience working with large data sets
  • Furthermore, strong written and verbal communication skills are essential, to work effectively in cross-functional teams.
Essential Qualifications - NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
  • Bachelor's degree in Mathematics/ Computer Science/ Engineering/ Econometrics/ Statistics/ Actuarial Science or any equivalent qualification
Minimum Experience Level
  • 6 years of experience as a Quantitative or equivalent Analyst in a Financial Institution
  • Expertise in Data Science, particularly in ML model development, entrenchment analytics, and cross-sell client retention strategies
  • Proven experience in managing Analysts or a team of Analysts, managing projects, and the ability to mentor peers or juniors or oversee a function within an analytics environment
  • Capable of applying statistical methods and validating models and have strong analytical and problem-solving skills
  • Proficient in analysing large datasets and identifying critical insights
  • Understanding financial products or customer behavior within the Banking industry is also required
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

If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Iq Business Group Full time

    Job DescriptionIQbusiness is a leading independent management consulting firm.We are looking for someone to join our Data & Analytics Capability team that has experience in predictive analytics or providing analytical inputs into financial and risk models.We are primarily looking for Quantitative Analysts who are able to programme in R, however SAS, SQL, VBA...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Title: Senior Quantitative Analyst - Credit Risk Assurance Are you a smart, driven, curious and collaborative quantitative analyst? Leverage your deep, technical credit risk knowledge to deliver lasting value in this challenging Group Risk role. You will be exposed to all aspects of credit risk across the Group, and you will provide assurance that the...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition and Talent Acquisition Consultant DetailsREQ Twanette CoetserPIPELINE ADVERTLocation and ClusterTotal Business Banking and Retail - CDR135 Rivonia Campus, Sandton Career StreamQuantitativeLeadership PipelineManage Self: ProfessionalSenior Quantitative AnalystDeveloping and maintaining cutting-edge models and assessment strategies to drive...

  • Quantitative Analyst Iii

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    About us, purpose, experience and qualificationsabout us:purpose: The Quantitative Analyst III is required to plan, build and implement innovative quantitative analytic methodologies, procedures, products and models within a broad framework/principles in order to enhance and inform strategic decisions in the relevant Product House. To provide analytical...

  • Senior Quantitative Analyst

    6 days ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Requisition DetailsREQ#134566Location: Johannesburg, South Africa Closing Date: 03 July 2024Talent Acquisition: Bongiwe MchunuJob FamilyInvestment BankingDepartmentQuantitative - Relationship Analytics Leadership PipelineManage Self: ProfessionalFAIS AffectedJob PurposeTo develop and maintain best practice models and assessment strategies in line with...

  • Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Ovations Group Full time

    An opportunity has become available for a Senior Quantitative Analyst to provide business analysis, report extraction, and automation engineering support for the Credit Risk Regulatory Reporting Stabilisation Project (CRS Project), and support the implementation of IFRS 9.Minimum requirements include: Banking experience in Credit Risk especially the...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaCluster Group RiskCareer Stream Quantitative Leadership Pipeline Manage Self: ProfessionalPosition Senior Quantitative Analyst: Model Risk ManagementJob Purpose The incumbent of the role is to assist driving best practice Model Risk Management (MRM) across the Group in order to facilitate...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition and Talent Acquisition Consultant DetailsREQ Twanette CoetserPIPELINE ADVERTLocation and ClusterTotal Business Banking and Retail - CDR135 Rivonia Campus, SandtonCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalSenior Quantitative AnalystJob PurposeTo develop and maintain best practice models and assessment strategies in line...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaLocation: JohannesburgClosing date: 17 April 2024ClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalPositionQuantitative AnalystJob PurposeThe validation of the models used for the calculation regulatory and economic capital as well as credit impairments and...

  • Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaLocation: JohannesburgClosing date: 17 April 2024ClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalPositionQuantitative AnalystJob PurposeThe validation of the models used for the calculation regulatory and economic capital as well as credit impairments and...

  • Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego Semenya Location: Johannesburg Closing date: 17 April 2024Cluster Group RiskCareer Stream QuantitativeLeadership Pipeline Manage Self: ProfessionalPosition Quantitative AnalystJob Purpose The validation of the models used for the calculation regulatory and economic capital as well as credit...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaLocation: JohannesburgClosing date: 17 April 2024ClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalPositionQuantitative AnalystJob PurposeThe validation of the models used for the calculation regulatory and economic capital as well as credit impairments and...

  • Quantitative Analyst

    3 months ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaLocation: JohannesburgClosing date: 17 April 2024ClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalPositionQuantitative AnalystJob PurposeThe validation of the models used for the calculation regulatory and economic capital as well as credit impairments and...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition ContactREQ: Tshego SemenyaCluster Group RiskCareer Stream QuantitativeLeadership Pipeline Manage Self: ProfessionalPosition Senior Quantitative AnalystJob Purpose The incumbent will contribute to a team which specialises in The development, implementation and support of bestpractice credit risk stress and scenario...

  • Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Standard Bank Of South Africa Limited Full time

    Quantitative Analyst (Capital and Impairment Model Development)Job Overview Business Segment: Personal & Private Banking Location: ZA, GP, Johannesburg, Baker Street 30 To ensure the optimal development, enhancement, deployment, maintenance and monitoring of impairment models within PPB Capital and Impairment Model Development.Ensure models developed are of...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Tshego SemenyaCluster Group RiskCareer Stream Quantitative Leadership Pipeline Manage Self: ProfessionalPosition Senior Quantitative AnalystJob Purpose To develop and maintain best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk...

  • Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Palesa Mbali Group Full time

    One of our top client in the banking industry is urgently looking to appoint a Quantitative Analyst, for their Johannesburg branch.This permanent hybrid type role which includes all benefits.This role is to contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) to facilitate...

  • Senior Quantitative Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Number and Talent Acquisition Contact Requisition Number: Location: Sandton, JohannesburgClosing Date: 22 April 2024- Talent Acquisition Contact: Saranya Govender- Job Family- Investment Banking Career Stream QuantitativeJob Purpose- Leadership Pipeline- Manage Self: ProfessionalResponsibilities: Build relationships with stakeholders by...

  • Quantitative Analyst Ii

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    About us, purpose, experience and qualificationsabout us: There is no about us detail availablepurpose: The Quantitative Analyst II is required to develop quantitative analytics products and models within a specified framework, and with mínimal guidance, to translate business requirements into tangible, creative solutions. To optimise processes, recommend...

  • Quantitative Analyst

    1 month ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition ContactREQ Tshego SemenyaLocation: JohannesburgClosing date: 31 May 2024ClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalPositionQuantitative Analyst: Credit Risk and AnalyticsJob PurposeTo improve the use of credit analytics across Group Risk, aiding in managing the credit...