Senior Quantitative Analyst at Nedbank

Job Purpose

• To develop and maintain best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management and/or attainment of strategic objectives.

Job Responsibilities

• Perform validation of material non-regulatory models across the bank, including acquisition, pricing, AML, operational risk, fraud, climate risk and economic forecasts.
• Participate in expert groups, technical forums and business review sessions in order to perform risk assurance of models developed across the Group.
• Provide assurance on the adequacy of impairments across the Group, based on qualitative and quantitative assessment, technical reviews, and bespoke analytics.
• Provide assurance on credit RWA allocated across all products in the Group, including adherence to the applicable regulations, trend analysis and attribution.
• Identify opportunities to improve credit RWA optimisation.
• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results and reporting.
• Drive process improvements across the credit risk reporting landscape, including BA returns, ICAAP, Pillar III and Analyst Booklet reports.
• Provide trend analysis and assurance on portfolio movements.
• Communicate insights and results to relevant committees / forums to facilitate improved measurement and management of risk. 
• Contribute to a high-performance team culture and continuous improvement via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and    project participation.
• Stay abreast of developments in your field of expertise, ensuring personal and professional growth.
• Understand and embrace the 

Job Responsibilities Continue

• Honours degree in mathematics/statistics/engineering with relevant experience

Essential Qualifications - NQF Level

• Relevant Post-graduate quantitative qualification

Essential Qualifications - NQF Level

• Honours degree in mathematics/statistics/engineering with relevant experience

Minimum Experience Level

• 5+ years risk analytics, modelling and management.

Technical / Professional Knowledge

• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Business Acumen
• Quantitative Skills

Behavioural Competencies

• Applied Learning
• Coaching
• Communication
• Collaborating
• Decision Making
• Continuous Improvement
• Quality Orientation
• Technical/Professional Knowledge and Skills