Senior Quantitative Analyst

2 weeks ago


Johannesburg, South Africa Nedbank Full time

**Requisition Number and Talent Acquisition Contact**
- REQ**:131519**
- Location: Sandton, Johannesburg- Closing Date: 13 February 2024- Talent Acquisition**:Saranya Govender**
- Job Family- Investment Banking
- Career Stream- Quantitative
- Leadership Pipeline- Manage Self: Professional

**Job Purpose**
- To enhance and maintain the models used for the calculation of Credit RWA and IFRS9 impairments for the Retail Unsecured Lending portfolios.The incumbent will contribute to a team which specialises in a focus on credit risk. Responsibilities include (but are not limited to):
**Responsibilities**:

- Provision of MI, analysis and reporting on monthly capital and impairment results
- Updates to EAD, PD and LGD models for Basel and IFRS9 purposes
- Analytics around IFRS9 impairments
- Analytics around Credit Capital (both RWA and ECAP), including, but not limited to, items such as RWA attribution development, ECAP vs. RWA analysis, ECAP optimisation
- Stay abreast of developments in field of expertise, ensuring personal and professional growth.
- Understand and embrace the Nedbank vision and values, leading by example.
- Deliver services to internal client expectations.
- Build internal and external stakeholder relationships.
- Sharing knowledge and insights with members of the team
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred QualificationPost graduate degree in Statistics / Mathematics / Economics / Engineering / Informatics
- Minimum Experience Level- 1 - 4 years relevant experience in an analytical environment

**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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