Senior Quantitative Analyst

Job Requisition Details

REQ#143070

Location: Johannesburg (role currently primarily WFH; Durban-based candidates may be considered)

Closing Date: 06 December 2025

Talent Acquisition: Bongiwe Mchunu

Job Family

Retail Consumer Banking

Career Stream Quantitative Leadership Pipeline Manage Self: Professional FAIS Affected 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.

Job Responsibilities

• Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
• Report to; monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
• Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
• Increase efficiencies through programming and automating processes.
• Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
• Challenge model builds from around the cluster through peer review participation and ensuring best practice.
• 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).
• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Contribute to the 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.
• Contribute to the 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.
• Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
• Ensure data accuracy through data and front-end analysis; pre and post testing of system/strategy changes.
• Ensure business process consistency through formal communication; updating and maintaining policies.
• Ensure accuracy and feasibility through impact analysis for newly developed products.
• Review reporting and ensure accuracy through analysis and providing feedback.Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
• Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
• Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
• Support 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

Technical Skills Required

• SQL
• Python
• Power BI

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
  
• Advanced Diplomas/National 1st Degrees
  

Essential Qualifications

• Degree in a Quantitative field, Commerce, Maths, Stats, Computer Science, Engineering

Preferred Experience

• Minimum 5 years relevant experience as a Quantitative Analyst within Banking and/or Credit Risk industry

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

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