Senior Quantitative Analyst

3 weeks ago

Johannesburg, South Africa Mindworx Consulting Full time

To provide business analysis, report extraction and automation engineering support for the Credit Risk Regulatory Reporting Stabilisation Project (CRS Project), which includes enhancements across input data, RWA calculations, automated controls, and business processes.

To support the implementation of the ‘IFRS 9 Supplementary Information Schedule (IFRS 9 Schedule)’ that will be submitted to the South African Reserve Bank Prudential Authority (SARB PA) monthly.

Job Outline

CRS Project

Use business analysis, solutions design, process improvement, automation, and data extraction skills within the credit risk regulatory reporting environment in the Group Credit Risk (GCR) function. This will require hands-on efforts to enhance automation, system coding, processes, controls, data quality, and automation for the calculation of credit RWA for the entire group. Enhance the efficiency and effectiveness of processes used to produce the BA returns, and other regulatory reports like the Pillar 3 disclosures.

IFRS 9 Schedule

Create and implement practical, efficient and effective solutions to generate an automated IFRS 9 Schedule to submit to the SARB PA. This includes providing specifications as required, data engineering, automation, QA checks, stakeholder engagement, and implementation of the bank’s optimal solution.

Specifications will include field definitions, descriptions and locations for each component required for the IFRS 9 Schedule, which may span across multiple systems. The gaps identified will be discussed and remedial solutions investigated. Each option is to be supported with documentation motivating the option in terms of resource and cost requirements.

The implementation will involve hand-on coding of the required solution to prepare the IFRS 9 Schedule. The implementation may involve two parts:

- Short-term solution: Implement an efficient and effective short-term solution to prepare the IFRS 9 Schedule using automation tools, whereby the data is available efficiently and correctly for reporting to the SARB PA each month. The short-term solution must be implemented by 30 Sep 2023, with limited resources from business. If possible, a dry-run for end August data is required.
- The business analyst will design an efficient and effective long-term solution for the IFRS 9 Schedule. Where appropriate, a Project Plan will be created for the implementation of the formal long-term solution and implemented accordingly.

Skill Requirements

The following skill set will be required:

- Business analysis: map current processes, identify better solutions, implement solutions where possible (data extraction and simple office automation), spec solutions that require IT support, documentation, testing, change management
- Data engineering: ability to extract and transform data, to create data-stores, define reports, and automate data processes using SAS and SQL
- IT specialist: ability to understand and document system architecture and process flows.
- Exceptional problem-solving skills, with experience in improving processes to achieve efficiency and effectiveness.
- Automation: ability to automate repetitive tasks
- Execution skills: able to design and implement effective and efficient solutions within tight deadlines.
- Banking experience, including:

- Credit Risk, especially calculation of credit RWA
- Banks Act Regulations and Returns, especially asset classes
- Financial reporting and reconciliations
- Banking IT systems
- Excellent communication skills.
- Proactive, self-starting, and forward-looking: ability to identify and resolve blockers, and drive results in a collaborative, constructive manner

**Job Type**: Contract
Contract length: 12 months

**Salary**: R400.00 - R550.00 per hour

Application Deadline: 2023/08/31

  • Quantitative Analyst Iii

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about 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...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 132961 - Twanette Coetser - Closing Date - 31 March 2024**Cluster & Location** - Total Business Banking and Retail - CVM - 135 Rivonia, Sandton - Gauteng- Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional **Quantitative Analyst** **Job Purpose** - We are looking for a...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Johannesburg- Salary- R 1 Million - R 850 K p/a- Job Type- Permanent- Education- BSc in Mathematics, Financial Engineering, Statistics or similar- Experience- 3 - 5 years’ experience with experience in credit within a bank or financial services institution- Reference- 091120FAQA- - finance.jobs(at)staffingprojects.co.za-...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa OutsideCapital Full time

    IntroductionOur client is a premium financial services institution with offices in both Johannesburg and Cape Town. They are looking for a Quants Analyst to join their Balance Sheet Management Team; to take primary responsibility for identifying, measuring and mitigating market and liquidity risk for the insurance business. - Duties & Responsibilities- Take...

  • Quantitative Analyst

    1 week 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 Financial Analyst

    4 weeks ago

    Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Johannesburg- Salary- R700k - R530k- Job Type- Permanent- Education- Hons Quantitative Science- Experience- 4 years’ statistical modelling experience- Reference- FA270821SW- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847Job Title: Senior Financial Analyst Location: Johannesburg **Salary**: R700k - R530k **Job...

  • Quantitative Analyst: Wholesale Validation

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 127731- Tshego Semenya**Cluster** - Group Risk**Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Position** - Quantitative Analyst: Wholesale Model Validation**Job Purpose** - The validation of the models used for the calculation regulatory and economic capital...

  • 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

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 119544- Tshego Semenya- Closing date: 3 March 2023**Cluster** - Group Risk**Career Stream** - Quantitative - Leadership Pipeline- Manage Self: Professional **Position** - Quantitative Analyst**Job Purpose** - To contribute to the development and maintenance of best practice models and assessment...

  • Senior Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job Requisition Details** - REQ#129144- Location: Johannesburg, Gauteng- Closing Date: 09 November 2023- Talent Acquisition: Bongiwe Mchunu- Job Family- Investment Banking - Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional **Job Purpose** - To use statistical and quantitative analysis to improve entrenchment, cross sell and...

  • Senior Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job Requisition Details** - REQ#128048- Location: Johannesburg, Gauteng- Closing Date: 17 August 2023- Talent Acquisition: Bongiwe Mchunu- Job Family- Investment Banking- Retail Credit Models - Secured Lending Pricing and Profitability Analytics- Career Stream- Quantitative - Leadership Pipeline- Manage Self: Professional **Job Purpose** - To develop and...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Consultant** - REQ 131745 - Tshegofatso Semrnya**Job Family** - Investment Banking **Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Job Purpose** - The validation of the models used for the calculation regulatory and economic capital as well as credit impairments and the...

  • Quantitative Analyst

    2 days ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition ConsultantREQ 131745 - Tshego SemenyaLocation:JohannesburgCluster:Group RiskCareer Stream:QuantitativeLeadership Pipeline:Manage Self: ProfessionalJob Purpose:The validation of models for regulatory and economic capital calculations, credit impairments, and rating processes to ensure best practice models in alignment...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, 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...

  • Senior Quantitative Analyst

    2 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Requisition Details** - REQ#133847- Location: Johannesburg, Gauteng- Closing Date: 23 May 2024- Talent Acquisition: Bongiwe Mchunu- Job Family- Investment Banking - Career Stream- Senior Quantitative - Portfolio Management- Leadership Pipeline- Manage Self: Professional **Job Purpose** - To develop and maintain best practice models and assessment...

  • Quantitative Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 132814 - Twanette Coetser- Closing Date - 01 April 2024**Cluster & Location** - Total Business Banking and Retail - CDR- 135 Rivonia Road, Sandton**Career Stream** - Quantitative **Leadership Pipeline** - Manage Self: Professional **Quantitative Analyst** **Job Purpose** - To contribute to the...

  • Quantitative Analyst

    1 day ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition ConsultantREQ Tshego SemenyaLocation: JohannesburgClusterGroup RiskCareer StreamQuantitativeLeadership PipelineManage Self: ProfessionalJob PurposeThe validation of the models used for the calculation regulatory and economic capital as well as credit impairments and the rating processes This is to contribute to the...

  • Quantitative Research Analyst Remote

    4 weeks ago

    Johannesburg, South Africa The Recruitment Council Full time

    Join this listed FSP as a Quantitative Research Analyst. You will need to support the investment and research team using quantitative research methodologies and tools to review, analyze and improve investment portfolios based on the outcomes and requirements of the mandate and business requirements. - Responsibilities and work outputs: - Be part of the...

  • Senior Quantitative Analyst

    1 day ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Requisition DetailsREQ#133847Location: Johannesburg, Gauteng Closing Date: 23 May 2024Talent Acquisition: Bongiwe MchunuJob FamilyInvestment BankingCareer StreamSenior Quantitative - Portfolio ManagementLeadership PipelineManage Self: ProfessionalJob PurposeTo develop and maintain best practice models and assessment strategies in line with regulations...

  • Senior Quantitative Analyst

    7 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Requisition Details** - REQ#131730- Location: Sandton, Johannesburg- Closing Date: 25 February 2024- Talent Acquisition: Bongiwe Mchunu- Department- NCB and RRB Models & Analytics- Career StreamSenior Quantitative - Portfolio Management- Leadership Pipeline- Manage Self: Professional **Job Purpose** - To develop and maintain best practice models and...