Quantitative Analyst

Requisition Details & Talent Acquisition Contact

REQ: 138233

Talent Acquisition Specialist: Lerato Sithole

Cluster: Group Risk

Closing Date: 26 February 2025

Job Family

Career Stream

Leadership Pipeline

Job Purpose

• To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.

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.
• 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.
• Ensure business needs are met by engaging and assisting business through face-to-face and online interaction and attendance at forums and committees.
• Assist the business to address queries by extracting and analysing data. Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
• Ensure continuity and knowledge base through documenting and recording processes and models.
• Provide insights enabling growth through analytical research; systems and marketing insights by delivering analytical results and making recommendations to stakeholders.
• Ensure compliance to policy through data analysis and monitoring. Create efficiencies and streamline processes through analysis.
• Establish understanding of processes by bridging the gap between operational and analytical concepts through 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
• 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 recommendation and providing the required explanations without added complexities.
• Create and build on any existing systems understanding, allowing for increased impact within the current Nedbank systems landscape.
• Develop solutions (through coding) that are scalable and take into question the relevant system constraints.
• Develop and build on any understanding of financial crime and anti-money laundering regulations and current typologies, as well as any existing systems that are current used in preventing and fighting financial crime across the group.
• Enhance research and development through active researched based solution.
• Provide mentorship and leadership to interns and graduates through guided learning and collaboration.

People Specification

⦁    Self-Starter 
⦁    Collaborative solutioning
 

Essential Qualifications - NQF Level

Preferred Qualification

• Post graduate degree in Statistics/Computer Science/ Engineering/Statistical Risk Management/Data Science/Mathematics/ FRM/CQF/Informatics

Minimum Experience Level

• 1-2 years minimum experience in an analytical environment- with a strong preference for programming in python.

Technical/ Professional Knowledge

⦁    Business Acumen
⦁    Industry trends
⦁    Microsoft Office & Excel
⦁    Principles of project management
⦁    Relevant regulatory knowledge
⦁    Relevant software and systems knowledge
⦁    Risk management process and frameworks
⦁    Business writing skills
⦁    Quantitative Skills
⦁    Programming/Coding
⦁    PowerBI
⦁    Data Querying
 

Behavioural Competencies

Disclaimer

Preference will be given to candidates from the underrepresented groups

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