Quantitative Analyst

3 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 to join our Deal Underwriting: Credit Team.-
- .**Responsibilities**:

- Ensuring our credit risk expectations are accurate.
- Using an array of bureau, internal and captured data to drive profit-creating and risk-reducing decisions.
- Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
- Identifying and explaining any differences between actual performances and expectations
- Adjusting expectations or changing credit risk policy rules for sub populations not addressed by our credit risk scorecards.
- Safeguarding the business against reckless lending and risk levels outside our targeted risk appetite
- Building Optimisation/Sensitivity models to determine best fit pricing.
- Assessing current profitability and finding ways to improve it through the use of data.
- Testing and Optimisation of our credit pricing decision systems
- General Reporting and MI, and report automation
- Utilising machine learning to build and maintain risk expectation.
- Channel MI and analytics
- Run channel optimisation projects with strategy team.
- Set up, execute and track test and learn initiatives for CVP’s within channel.
- Manage and optimise channel data structures.
- Building and maintaining effective relationships with internal and external stakeholders
- Analysing and interpreting quantitative and qualitative data
- Minimum Experience Level- 1-3 years’ experience in Credit Risk or an Analytical environment

**Technical Experience**
- Modelling Techniques and Software
- Strong Mathematical and problem-solving ability
- SAS and Python
- Data Validation

**Required Qualifications**
- B Degree: Maths, Stats, Engineering, Computer Science, Economics and related

**Technical / Professional Knowledge**
- Business Acumen
- 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
- Quantitative Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_



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