Senior Quantitative Analyst

Job Requisition Details

Requisition number: 142076

Closing Date: 01st October 2025

Talent Acquisition: Precious Motlhako  

Cluster and Location

Personal and Private Banking 

Johannesburg, Sandton

Hybrid

Career Stream

Leadership Pipeline

Job Purpose

To enhance and maintain the models used for the calculation of Credit RWA and IFRS9 impairments for the Retail portfolios. The incumbent will contribute to a team which specialises in a focus on credit risk

Job Responsibilities

Responsibilities include (but are not limited to):

• Provision of MI, analysis and reporting on monthly capital and impairment results
• Updates to EAD, PD and LGD models for Basel and IFRS9 purposes
• Analytics around IFRS9 impairments
• Analytics around Credit Capital (both RWA and ECAP), including, but not limited to, items such as RWA attribution development, ECAP vs. RWA analysis, ECAP optimisation
• Stay abreast of developments in field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, leading by example.
• Deliver services to internal client expectations.
• Build internal and external stakeholder relationships.
• Sharing knowledge and insights with members of the team

People Specification

Essential Qualifications - NQF Level

Preferred Qualification

3-year qualification in a Mathematical related BSc, Engineering, CFA, FRM, CQF

Minimum Experience Level

At least 5 years relevant experience in an analytical environment

Model development experience - capital and/or impairments is preferred

Technical / Professional Knowledge

Behavioural Competencies