Quantitative Analyst

Requisition Details & Talent Acquisition Consultant

REQ 141568 Thembi Mtshali

Location: Johannesburg

Closing Date: 1 September 

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

•    Build and formally present various risk models, including but not limited to forecasting and stress testing models using various quantitative modelling techniques, including statistical inference and machine learning.
•    Ensure continuity and knowledge base through documenting and recording processes and models.
•    Monitoring of business risk performance within the set risk appetite through analysis.
•    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.
•    Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
•    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.
•    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
•    Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

Essential Qualifications

Degree in Statistics, Mathematics or equivalent

Preferred Qualification

Post graduate degree in Statistics/Mathematics,  CFA/ FRM/CQF

Minimum Experience Level

•    1-2 years relevant experience in an analytical environment 

Types Of Exposures

•    Analysing and interpreting quantitative and qualitative data
•    Statistical inference and machine learning model development and validation
•    Developing ways to minimize risks
•    Influencing stakeholders to obtain buy-in for concepts and ideas
•    Sharing information in different ways to increase stakeholders understanding
•    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
•    Managing multiple projects

Technical / Professional Knowledge

Behavioural Competencies

Disclaimer

Preference Recruiting Team at +27 860 555 566will be given to candidates from the underrepresented groups

Please contact the Nedbank.