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Nedbank Recruiting

Job Purpose

The FTP function plays an important role in Nedbank in terms of:

  • Transferring interest rate risk and liquidity risk to a central unit (BSM) for the strategic management thereof.
  • Rewarding money-in business for their true liquidity generation and charge money-out business for their true funding cost consumed, whilst removing interest rate and liquidity risk.
  • Enabling BSM to manage the structural liquidity and interest rate risk mismatch in the banking book.
  • Allowing BSM to perform other balance sheet management activities such as enable portfolio tilt and capital allocation.
  • Enable Business to perform risk-based profitability measurement (economic profit), net interest margin management and risk-based product pricing.

The FTP Analyst will be responsible for supporting the Head:  FTP and Analytics with quantitative and qualitative tasks pertaining to Funds Transfer Pricing.

The focus of this role is on data analytics, optimisation, automation and digitisation of FTP and Asset and Liability Management related processes.

Job Responsibilities
  • Continuously optimising processes and business intelligence platforms used to analyse FTP results per product and per cluster to enable effective strategic decision making.
  • Optimising and automation of analytical models to provide valuable insights into the residual mismatch in BSM.
  • Further digitisation / automation of FTP pricing tools to facilitate accurate assets and deposits pricing in the client facing businesses through appropriate FTP rates incorporating repricing and liquidity components.  Continuous enhancement of these dynamic tools.
  • Apply knowledge of the organizational systems, structures, policies and procedures to achieve FTP results and analytics to the benefit of the Nedbank Group.
  • As part of the greater FTP Team ensure the delivery of accurate and timely FTP information to business units, BSM stakeholders and Committees.
  • Involved with other quantitative projects within the Interest Rate Risk Management area, e.g. hedge accounting models and margin analytics.
Essential Qualifications - NQF Level
  • Professional Qualifications/Honour’s Degree
Preferred Qualification

Post Graduate Degree in Quantitative Risk Management, Statistics, Information Systems / Technology or Computer Science, Mathematics or Economics.

Preferred Certifications
Type of Exposure
  • Analysing situations or data that requires an in depth evaluation of multiple factors
  • Developing ways to minimize risks
  • Influencing stakeholders to obtain buy-in for concepts and ideas
  • Sharing information in different ways to increase stakeholders understanding
  • Executing strategy
  • Working with a group to identify alternative solutions to a problem
  • Interacting with diverse people
  • Building and maintaining effective relationships with internal and external stakeholders
  • Analysing and interpreting quantitative and qualitative data
  • Managing multiple projects
Minimum Experience Level
  • 3 years’ experience in an Asset and Liability Management, Treasury or Balance Sheet Management function and a basic understanding of Funds Transfer Pricing.
  • Programming skills (e.g. Excel VBA, SAS, MATLAB, SQL)
  • Knowledge of banking book products.
  • Experience with data analytics and automation / optimisation of processes.
Technical / Professional Knowledge
  • 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
Behavioural Competencies
  • Adaptability
  • Applied Learning
  • Earning Trust
  • Communication
  • Stress Tolerance
  • Driving for results
  • Continuous Improvement
  • Technical/Professional Knowledge and Skills


Please contact Jeannie Leponesa on email

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