Quantitative Analyst

1 month ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Requisition Details & Talent Acquisition Contact

REQ Tshego Semenya

Location: Johannesburg

Closing date: 31 May 2024

Cluster

Group Risk

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

Position

Quantitative Analyst: Credit Risk and Analytics

Job Purpose

To improve the use of credit analytics across Group Risk, aiding in managing the credit portfolio actively to enhance returns and align with Nedbank's strategy and risk appetite.

The role involves specializing in credit portfolio analytics, driving the development of an analytics framework, including:

Job Responsibilities
  • Creating and maintaining strategic analytical tools within the Credit Data Systems team.
  • Providing MI, analysis, and recommendations for portfolio initiatives.
  • Monitoring and measuring success of portfolio initiatives regularly.
  • Enhancing asset returns analysis.
  • Conducting in-depth credit portfolio analytics.
  • Driving Active Credit Portfolio Management.
  • Analyzing Credit Capital and ECAP.
  • Providing asset Market share analytics.
  • Refining loss forecasting and stress testing approaches.
  • Contributing to Nedbank's methodologies on regulatory capital and impairments.
  • Assisting with Group-wide submissions for disclosures.
  • Developing risk appetite measurement methodology.
  • Utilizing Advanced credit portfolio management for proactive Credit Risk views.
  • Contributing to the GRA Manco team.
  • Staying updated on industry developments for personal and professional growth.
  • Embracing Nedbank's vision and values.
  • Building stakeholder relationships internally and externally.
  • Sharing knowledge and insights within the team.
The role also involves
  • Conceptualizing and executing cooperative projects.
  • Mentoring junior team members.
Minimum Experience Level
  • 2+ years' experience in credit risk (e.g., Basel or IFRS9 modeling, analytics, or pricing).
Essential Qualifications - NQF Level
  • Advanced Diplomas/National 1st Degrees.
Preferred Qualification
  • Graduate degree in Mathematics, Financial Mathematics, Statistics, Economics, Actuarial Science, or a quantitative discipline, or a Chartered Accountant with credit risk experience.
Technical / Professional Knowledge
  • Business Acumen.
  • Industry trends.
  • Microsoft Office.
  • Project management principles.
  • Relevant regulatory knowledge.
  • Software and systems knowledge.
  • Risk management frameworks.
  • Business writing skills.
  • Microsoft Excel.
  • Quantitative Skills.
Disclaimer

Preference given to candidates from underrepresented groups

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