Quantitative Analyst

Requisition Details & Talent Acquisition Consultant

REQ: 137910

Talent Acquisition Specialist: Lerato Sithole

Cluster: Group Risk

Location: Johannesburg

Closing Date: 06 February 2025

Job Family

Career Stream

Leadership Pipeline

Job Purpose

• The incumbent of the role is to assist driving best practice Model Risk Management (MRM) across the Group in order to facilitate world class risk management.

Job Responsibilities

• Implement and execute on MRM to the Power of N – model management of the future.
• Assessing the level of aggregate model risk in the Group.
• Maintaining the Group Model Risk Management Framework and Level 1 Model Risk policy.
• Maintenance of a group-wide model inventory across the Nedbank model universe and contributing to the model inventory completeness. 
• Contribute to the model risk scoring, model materiality and model risk appetite processes.
• Assisting with model risk ECap quantification and allocation. 
• SAS MRM (Nedbank’s digital embodiment of the MRM framework) maintenance and enhancement. 
• Increase efficiencies through digitising risk and automating processes.
• Enable data visualisation through dynamic and interactive dashboards.
• Build relationships with stakeholders by networking through targeted and informal interactions and consistent delivery of quality output to build trust. 
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities through formal and informal learning activities and practical experience.
• Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction.
• 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.
• Contribute to a culture conducive to the achievement of transformational goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

Essential Qualification- NQF Level

• Advanced Diplomas/National 1st Degree in mathematics/statistics/actuarial science/engineering/data science

Preferred Qualification

• Post graduate degree in mathematics/statistics/actuarial science/engineering/ data science

Minimum Experience Level

• 1 year experience in an analytical environment

Technical / Professional Knowledge

Behavioural Competencies

• Analytical thinker and self-starter
• Commitment
• Deadline driven
• Attention to detail
• Curiosity/flexibility
• Foundational risk knowledge
• Good programming skills and general coding acumen
• Business writing and presentation skills
• Driving change
• Relationships and stakeholder management
• Service excellence
• People skills and being a team player 
• Values-based (especially Integrity, Respect, Accountability, Client-driven, People-centered) and strong ethics.

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566