Quantitative Data Analyst Lead

3 days ago


Johannesburg, Gauteng, South Africa Nedbank Full time

We are seeking an experienced Quantitative Data Analyst to join our team at Nedbank in Sandton.

This is a full-time position with a salary range of R800,000 - R1,200,000 per annum, depending on experience.

Job Description:

The successful candidate will be responsible for contributing to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world-class risk management.

The role involves:

  • Participating in Nedbank culture building initiatives to achieve transformation goals
  • Researching and recommending corporate citizenship initiatives in the area of influence
  • Supporting corporate responsibility initiatives to achieve business strategy
  • Improving business processes, models, and systems by identifying effective ways to operate and adding value to Nedbank
  • Developing differentiated solutions that meet stakeholder and business requirements through analysis
  • Ensuring product and solution design is congruent with business specifications through meeting stakeholder requirements timeously
  • Engaging with business stakeholders to address queries and provide data insights
  • Documenting and recording processes and models to ensure continuity and knowledge base
  • Providing analytical results and recommendations to stakeholders to enable growth
  • Creating efficiencies and streamlining processes through analysis
  • Bridging the gap between operational and analytical concepts through communication

To succeed in this role, you will require:

  • 1-3 years' experience in Credit Risk or an Analytical environment
  • Previous Pricing experience is beneficial but not mandatory
  • At least a B.Degree majoring in Maths, Statistics, IT, or Engineering
  • Possibly B.Degree in Finance if have good problem-solving skills and logic to program/code
  • Strong Mathematical and problem-solving ability
  • SAS and Python skills
  • Data Validation skills
Key Skills and Qualifications:

The ideal candidate will possess strong technical skills, including:

  • 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

You will also need to demonstrate strong Behavioural Competencies, including:

  • Adaptability
  • Applied Learning
  • Earning Trust
  • Communication
  • Stress Tolerance
  • Driving for results
  • Continuous Improvement
  • Technical/Professional Knowledge and Skills


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