Job Requisition Details
Job Requisition Details: 145927
Closing Date: 26 May 2926
Location: Johannesburg, Gauteng
Talent Acquisition: Bongiwe
Job Family
Business and Commercial Banking: Investment 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 managementand attainment of strategic objectives. Provide input into strategic objectives and ensure delivery thereof.
Why Join Our Team
Join a high-performing quantitative team where your expertise will directly influence strategic risk decisions and business performance. In this role, you will:
- Work on advanced credit risk models and data-driven solutions that shape business strategy
- Contribute to innovative, best-practice risk management frameworks
- Collaborate with stakeholders to translate complex data into actionable insights
- Be part of a forward-thinking environment focused on continuous improvement, innovation, and impact
- Grow your career in a team that values technical excellence, learning, and industry leadership
Job Responsibilities
- 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.
- Enable the realisation of the financial business benefits accruing including minimisation of operational costs by ensuring that solutions are implemented effectively.
- 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.
- 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. Improve customer experience;create and maintain credit application strategies through data analysis.
- Provide assistance to internal clients to manage
- Credit Risk exceptions by analysing data upport 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.
Our Ideal Candidate
- Minimum 10 years’ analytical experience within financial services, particularly in credit risk
- Strong background in quantitative disciplines such as Mathematics, Statistics, or similar
- Deep knowledge of Basel and IFRS 9 modelling and regulation, scorecard building
- Proven experience in credit risk model development, validation, or optimisation
- Solid understanding of risk management frameworks and regulatory environments
- Advanced data analysis and problem-solving skills, with strong Excel and systems knowledge
- Ability to communicate insights clearly and influence stakeholders through data-driven recommendations
Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees
- Matric / Grade 12 / National Senior Certificate
Preferred Qualification
- A relevant undergraduate degree (NQF Level 7) in a quantitative discipline such as Mathematics, Statistics, Actuarial Science, or a related field is required.
- A postgraduate qualification or professional certifications such as CFA, FRM, or CQF will be advantageous.
Minimum Experience Level
- A minimum of 10 years’ relevant analytical experience within the financial services industry is required, with strong exposure to credit risk modelling, data analysis, and risk management practices
- Deep knowledge of Basel and IFRS 9 modelling and regulation, scorecard building.
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
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Please contact the Nedbank Recruiting Team at +27 860 555 566
