Specialist: Bcb Credit Risk Models

**Job Requisition Details**
- REQ 141028
- Closing Date: 24 July 2025
- Talent Acquisition: Precious Motlhako
- Cluster and Location
- Business Commercial Banking
- Johannesburg, Sandton
- Hybrid

Career Stream
- Quantitative
- Leadership Pipeline
- Manage Self: Professional

**Job Purpose**
- To develop and maintain best practice models and assessment strategies in line with applicable regulations to facilitate best practice risk management and attainment of strategic objectives. We are searching for a Specialist in Credit Risk Modelling with expertise in IFRS 9 and Basel regulations that will be tasked with data and analytics to support business, enabling analytics, development, implementation and maintenance of Capital and Impairment models and driving process and systems optimization.

**Responsibilities**:

- Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
Enable the realisation of the financial business benefits accruing including minimisation of operational costs by ensuring that solutions are implemented effectively.
Ensure accuracy through analysis and research by updating model assumptions/parameters.
Impact business strategy through collating data and by creating reports that serve as a strategic decision making tool.
Enhance business requirements by analysing data and monitoring processes.
Ensure business process consistency through formal communication; updating and maintaining policies.
Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
Provide assistance to internal clients to manage credit risk exceptions by analysing data supporting the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
Research and make recommendations for corporate citizenship initiatives in area of influence
Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
- Essential Qualifications - NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
- Preferred Qualification
- B Eng or quantitative equivalent e.g. B Com or BSC degree in Risk Management, Operational Research, Applied Mathematics, Statistics, Actuarial Science, Data Science, Financial Engineering, Computer Science.
- CFA/ FRM / PRM would be beneficial
- A post graduate degree in a quantitative field would be advantageous
- Minimum Experience Level
- 4- 6 years relevant analytical experience in the financial industry with specific focus on Basel / IFRS9 modelling within Business Banking, Commercial Banking or Corporate Investment Banking

**Technical / Professional Knowledge**
- Industry trends
- Microsoft Office
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Risk management process and frameworks
- Business writing skills
- Microsoft Excel
- Knowledge of risk
- Quantitative Skills
- Systems knowledge
- Behavioural Competencies
- Earning Trust
- Coaching
- Customer Focus
- Decision Making
- Innovation
- Continuous Improvement
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_