Associate Principal: Portfolio Management & Analytics at Nedbank

Job Purpose

• To develop financial valuation models to enable clients to make optimal investment decisions and support the team by providing requisite detailed analyses and documentation (powerpoint presentations; circulars; announcements) for proposals and transactions; thereby assisting the business in revenue generation

Job Responsibilities

• Ensuring data integrity & the correct systems / tools are in place
• Reviewing and interrogation of revenue, costs, balance sheet usage, monitoring limits / mandates and P&L flash reports
• Report on both asset & liabilities from a portfolio perspective – market risk, capital & liquidity drivers
• Monthly portfolio analytics for executive management
• Budgeting and planning process + regulatory impacts, including capital & liquidity planning and forecasting
• Working together with the Markets xVA team to co-ordinate and monitor / manage the overall CIB credit risk profile
• Interacting and coordinating with the Lending Middle Office, Structured Finance Support, Finance, Treasury, Legal, Audit, Compliance, IT and Operations
• RWA levels usage vs forecast levels and close interaction with all stakeholders around management and reporting around expectations. This informs decisions that may impact capital adequacy ratios such as the CET1 and performance measures such as RoRWA & ROE
• Opine on the IFRS impact and ensure assets are designated correctly upfront to ensure ease of portfolio optimisation and not being constrained in anyway whatsoever. This would include the fee recognition approach, hedge effectiveness, P&L at risk, designation of the underlying exposures against franchise strategy and the impact of any risk mitigation initiatives
• The candidate should be confident challenging internal/external stakeholders, writing policy/framework, engaging Legal, IFRS Advisory; Finance etc. in an entrepreneurial demeanour and be well considered in rigorously managing the risks and controls covered by this position. Likewise, experience at an international bank or similar role would be an advantage.
• The successful candidate will assist my functional structure and assist to develop a robust control environment that may adequately consider all of CIB’s banking books.

Preferred Qualification

• Post Graduate Qualification / CA (SA) / CFA / BComm. LLB. / BSc. Engineering / Actuarial Science

Minimum Experience Level

• 7 to 10 years’ experience and is well versed in aligning the franchise and portfolio strategy in optimising the use of the bank’s financial resources.

Technical / Professional Knowledge

• Banking procedures
• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of financial management
• Principles of project management
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Knowledge of the SA Regulatory landscape

Behavioural Competencies

• Communication
• Continuous Learning
• Collaborating
• Decision Making
• Managing Work
• Technical/Professional Knowledge and Skills