Senior Quantitative Analyst

2 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 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.**Responsibilities**:

- Supply side portfolio modelling (NPV), underpinned by input parameters (i.e., LDG, PD, EAD, etc.) and effectively creating the link to pricing.
- Extracting/ Analysing data and presenting in a readable format to optimize pricing at a segmental level.
- Continuous ad-hoc queries and presenting of such to relevant stakeholders.
- Ensuring the correct return (RORAC) is generated on new business.
- Testing and implementation of credit and pricing changes.
- Analysis of credit risk and policy recommendations based on data analysis/statistical methods.
- Primarily focused on HL portfolio pricing (demand and supply side pricing), with VAF pricing as a secondary focus.
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- 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.
- Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
- Ensure accuracy and feasibility through impact analysis for newly developed products.
- Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
- Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.

**Technical Skills Required**
- SAS modelling (essential)
- Advanced Microsoft office (i.e., Excel, PowerPoint, Word)
- NPV Modelling, Business Analysis, Project Management and Quantitative Finance
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Degree in Statistics/Mathematics, CFA/ FRM/CQF
- Minimum Experience Level- 3-5 years' experience in a related role (Banking/ Insurance)
- Matric / Grade 12 / national senior certification
- Degree in Actuarial Science, Mathematics, Finance, or related.

**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 +27 860 555 566_



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