Job Openings at Nedbank Private Wealth South Africa

Job Description

• Ensure compliance with internal policies and procedures, verify, authorize, release, prepare, capture, reconcile, and confirm all inputs within service level obligations. Promptly escalate any issues to the Departmental Head in alignment with Nedbank’s business strategy

Job Responsibilities

• Actively seek opportunities to enhance business processes and systems within Nedbank. Recommend effective ways to operate, adding value to the organization.
• Develop relevant product offerings based on thorough research and segment insights. Understand competitive pricing and align the products with client needs.
• Provide strategic advice to drive business value. Ensure that our offerings align with business requirements and contribute positively to Nedbank’s success.
• Ensure our products adhere to all compliance, operational risk, and security standards. Follow legal, risk, and compliance governance processes diligently.
• Efficiently address problems as they arise. Utilize appropriate problem identification techniques to propose effective solutions.
• Collaborate with colleagues, influence stakeholders, and inspire others to deliver within agreed timelines. Effective resource management is crucial.
• Develop sound business cases to support revenue growth.
• Innovate processes or products to create cost efficiencies. Understand budget requirements and set realistic targets.
• Manage costs throughout the Project Life Cycle. Negotiate with suppliers and minimize unnecessary expenses.
• Ensure client satisfaction by actively driving the development and implementation of solutions.
• Be the primary point of contact for all stakeholders during the project life cycle. Keep them informed and engaged.
• Engage with internal and external stakeholders to ensure enhancements match business requirements.
• Regularly review Nedbank and Business Unit Plans. Ensure that delivered systems, processes, services, and solutions align with our strategic objectives and values.

Minimum Experience Level

• 2-3 years Credit systems & processes experience.
• 2-3 years relevant experience in Credit products.

Preferred Experience and Technical Skills

• 2-3 years Business Analysis / Business Intelligence experience.
• Experience in a coding language would be beneficial (SQL or SAS).
• Experience building Power BI reports and using DAX.
• Elevated interest in digitisation & automation.
• MS Dynamics 365.

Requirements

• NQF5 or Tertiary qualification in Business, Finance or Computer Science.
• Product Owner or related SAFe Agile certification would be an advantage.

Closing Date  -  18 June 2024

go to method of application »

Job Purpose

• To inculcate a service and change governance culture by defining and executing a Service Model and Framework. Manage and measure continuous improvements and enhancements of service delivery by building Service Management competency within department and managing relationships with all stakeholders to support the achievement of the business strategy, objectives and values through the relevant processes and governance frameworks. Propose improvements to the current business process and operations environment

Job Responsibilities
Implement Service Management Strategies.

• Execute service objectives aligned to Cluster and business needs in accordance with cost, time and resources.
• Develop and manage stakeholder relationships to support business strategies that promote service offering / delivery across multiple channels and functions.
• Facilitate regular stakeholder engagements that enhance and expand Services Delivery Measurement and  NPS adoption through reporting, analytics and benchmarking.
• Build Strategic Service Management BI analytics capability that enables business insights and decision making.
• Share knowledge and industry trends.
• Obtain buy-in for developing new and / or enhanced processes that will improve the functioning of stakeholder businesses.
• Enable client and stakeholder value through effective service delivery facilitated by Service Managers and technology enablers.
• Achieve meaningful cross cluster / departmental synergies and unlock efficiencies and opportunities.
• Manage business changes effectively enabled through an Integrated Change Governance framework.
• Manage effective and efficient system, process and people related improvements.
• Manage associated risks.
• Deliver client value through alignment with strategic intent.

Job Responsibilities

• Ensure the customer services portfolio reflects the emerging needs of the customer and is transparently presented.
• Optimise customer information technology spend across the service portfolio's.
• Facilitate optimal functional service delivery.
• Ensure customer information technology spend is optimised across the service portfolio's and managed for added value.
• Manage communication strategies that enhance internal and external communications channels with specific relevance to assigned portfolio.
• Mentor and coach staff on identified performance gaps by discussing these performance gaps and agree on appropriate action to be taken.
• Motivate staff to perform and contribute to the success of the business by creating environment of teamwork.
• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
• Create a client service culture through various required interventions.
• Support and encourage staff to participate and support corporate responsibility initiative.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• Encourage team to generate innovative ideas and share knowledge.
• Stay up-to-date with banking regulations and ensure  that all onboarding and servicing activities comply with this
• Continuously evaluate and propose enhancements to onboarding processes to streamline operations
• Deliver client value through alignment with strategic intent.
• Achieve operational excellence by supporting the implementation of business optimisation Improvement.
• Undertake root cause analysis of errors or client complaints
• Propose initiatives to achieve first time right

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Degree

Minimum Experience Level

• 5-8 years Financial or service industry experience with an least 5 years in a senior management role
• Working Knowledge of current compliance regulations. E.g FICA, FATCA, AML etc

Technical / Professional Knowledge

• Change management
• Communication Strategies
• Research methodology
• Data Analysis and Interpretation
• Business Acumen
• Principles of financial management
• Principles of project management

Behavioural Competencies

• Communication
• Customer Focus
• Driving for Results
• Facilitating Change
• Guiding Team Success
• Planning and Organizing

Closing date: 24 June 2024

go to method of application »

Job Purpose

• Lead the design, development, and implementation of cutting-edge analytic engines and services, leveraging extensive experience and expertise in machine learning, data mining, and information retrieval to pioneer innovations.

Job Responsibilities

• Spearheaded best-in-class statistical models and algorithms, building upon previous experiences and learnings.
• Conduct in-depth statistical analysis to extract valuable insights and patterns from complex datasets, contributing to data-driven decision-making.
• Offer actionable insights and advice to stakeholders, utilizing a solid foundation in AI/ML and contributing to the team's expertise.
• Contribute to the creation of value from enterprise-wide data, assisting in the translation of data into meaningful business solutions.
• Apply specific financial services domain knowledge to analyse datasets and develop statistical models and algorithms that cater to individual financial services use cases.
• Design and implement ML models with experienced banking professionals that meet the unique requirements of financial institutions.
• Implementation of cutting-edge AI and ML solutions, playing an active role in system operations and maintenance.
• Experienced in deploying or contributed to deployment of at least one end to end data science solutions that has yielded significant value in the organisation at an enterprise level.
• Contribute to the shaping of the organization's AI/ML strategy, aligning it with evolving business needs.
• Assist in transforming data science prototypes into scalable machine learning solutions for deployment.
• Collaborate with experienced team members to design dynamic ML models and systems, incorporating the capability for adaptability and retraining.
• Participate in periodic evaluations of ML systems, ensuring they align with corporate and IT strategies.
• Expert proficiency in programming tools (such as Python, R, etc) for data manipulation, statistical analysis, and machine learning tasks is essential.
• Demonstrate a profound command over computer science fundamentals, encompassing expert-level knowledge of data structures, algorithms, computability and complexity, and computer architecture.
• Demonstrate a strong understanding of applications and machine learning algorithms, aligned to best practices globally.
• Spearheading and guiding the software engineering and design facets of projects, while providing mentorship and fostering collaboration among cross-functional teams.
• Utilize machine learning algorithms and libraries effectively, following established best practices and guidelines.
• Communicate technical concepts effectively to diverse audiences, adapting explanations for non-programming experts.
• Stay informed about the latest tools and techniques, engaging in continuous learning to enhance skills and knowledge.
• Able to the evaluate data distribution variations impacting model performance.
• Proficiency in cloud computing and hands-on experience with deploying complex data science projects on cloud platforms
• Collaborate with the team, sharing ideas and insights while conducting experiments and researching best practices.
• Leading role in formulating and refining the Machine Learning (ML) roadmaps or a component thereof, drawing upon extensive experience and visionary insights.
• Has a deep understanding of business problems and can design complete analytics solutions end to end
• Seek opportunities for personal growth and development, actively participating in knowledge-sharing and mentorship.
• Contribute to the achievement of the business strategy, objectives, and values, contributing to the organization's success.
• Participate in establishing a positive team culture and contribute to corporate responsibility initiatives.
• Contribute to the establishment of the Nedbank culture and participate in corporate responsibility initiatives to align with business strategy.

 
Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• STEM Qualification
• Engineering Qualification, 
• Computer Science, 
• Econometrics, 
• Mathematical Statistics, 
• Actuary Science
• Masters or Doctorate will be an added advantage

Preferred Certifications

• Cloud (Azure, AWS), DEVOPS or Data engineering certification. Any Data Science certification will be an added advantage, Coursera, Udemy, SAS Data Scientist certification, Microsoft Data Scientist.

Minimum Experience Level

• MS/PhD in STEM or related technical discipline
• 7 years’ plus  experience in a statistical and/or data science role.
• Deep knowledge of machine learning, statistics, optimization or related field.
• Experience with R, Python, Matlab is required, programming in C, C++, Java.
• Experience working with large data sets, simulation/ optimization and distributed computing tools (Map/Reduce, Hadoop, Hive, Spark, Gurobi, Arena, etc.)
• Excellent written and verbal communication skills along with strong desire to work in cross functional teams.
• Attitude to thrive in a fun, fast-paced start-up like environment      
   

Technical / Professional Knowledge

• Data Mining
• Research and analytics
• Data analysis
• Statistical Analysis
• data/ data structures
• Presentation Skills
• Problem solving skills
• Supervised Learning
• Big Data Technologies
• Strategic Thinking
• Unsupervised Learning
• NLP
• Deep Learning
• Re-inforcement Learning
• Feature Engineering/Selection
• HyperParameter Tuning
• programming
• Model Deployment/Monitoring
• Model Scaling
• Data Integration/Pipelines
• Data Modelling
• Data Visualisation
• Domain Knowledge
• AI Ethics and Fairness

Behavioural Competencies

• Decision Making
• Innovation
• Technical/Professional Knowledge and Skills
• Customer Focus
• Applied Learning
• Continuous Improvement

Closing Date: 21 June 2024

go to method of application »

Job Description

• Strategic thought partner as one main point-of-contact with deep understanding of the industry who helps shape the clients strategic agenda accompanied by team of specialists. To grow commercial bank revenue through the management and cross sell to existing portfolio; as well as the acquisition of new to bank high revenue mid corporate customers in order to create and increase revenue and maximize economic profit to achieve the banks strategic objectives and create shareholder value.

Job Responsibilities

• Acquire new Mid Corporate clients through a process of prospecting and networking to achieve market share growth aspirations.
• Facilitate one single point of contact, who understands my journey and specialties of Mid Corp clients' business.
• Ensure access to a team of specialists with industry knowledge, leverage finance skills and treasury management skills.
• Strategic thought leader as one main point-of-contact with deep understanding of the industry who helps shape the client's strategic agenda and has intermediate experience level with regard to M&A/LBO transaction requirements.
• Stay abreast with latest economic trends and developments (i.e., green energy and sustainable agriculture) and applying this knowledge by adding value to client engagements and identifying opportunities to the greater benefit of Nedbank.
• Identify acquisition opportunities through effective ecosystem analysis unlocking the value chain.
• Generate revenue through proactive cross sell strategies by applying specialised Industry and Banking knowledge, managing key internal stakeholder relationships, and executing identified opportunities. 
• Perform in depth financial needs analysis to identify cross sell and up sell opportunities in line with business goals.
• Conduct regular portfolio reviews with clients to identify and unlock value add opportunities that contribute to client retention.
• Ensure deep understanding of the growth thesis of every client and how Nedbank will through the inputs of the rest of the GCT assist with the composition of the most suitable funding/capital structure to achieve the clients' objectives. 
• Be proactive in client interaction by adding value through financial solutioning. 
• Build trusting relationships through regular interactions with key decision makers within the businesses that forms part of the allocated Business portfolio. 
• Provide a key interface for the client to the bank by having sound knowledge of the bank's products; services and solutions and by coordinating with relevant stakeholders.
• Manage all business risks and ensure compliance by following regulatory requirements and bank's internal policies and procedures, identifying risks and non-compliances, and taking corrective action. 
• Prepare and present large and complex credit applications consisting of multiple entities and shareholders and by incorporating specialised Industry knowledge and core Banking principles, including the pricing motivation of assets.
• Leverage subject matter expertise to support the digitization of clients in line with the 4th Industrial revolution dynamics.
• Drive client awareness and solution for sustainable development goals in line with the Nedbank purpose.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom (Financial Management/ Accounting)/ BSc Agri)
• Essential Certifications
• FAIS RE qualifications

Minimum Experience Level

• 7 - 10 years exposure to a combination of: Transactional Banking; Sales, Business; Specialisation (i.e. Agri; Franchise, Fintech, Manufacturing); Deal-making and Portfolio Management

Technical / Professional Knowledge

• Communication Strategies
• Negotiation skills
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Data Analysis and Interpretation
• Relevant software and systems knowledge

Behavioural Competencies

• Account Planning
• Targeting Sales Opportunities
• Driving Successful Customer Engagements
• Sales Negotiation
• Business Acumen
• Building Trusting Relationships

Closing Date: 24 June 2023

go to method of application »

Job Purpose

• The purpose of GIA is to provide independent, objective assurance to the Nedbank Group Limited Board of Directors via the Group Audit Committee that the governance processes, management of risk and systems of internal control are adequate and effective to mitigate the risks (in line with GIA Internal Audit Methodology), both current and emerging, that threaten the achievement of the Group’s strategy and key objectives, and in so doing help improve the internal control and risk culture of the Group.  
• GIA receives its authority from the Group Audit Committee (GAC), which is a committee of the Board of Nedbank Group Limited established to, among other things, review the work of Internal Audit of Nedbank Group Limited and its subsidiaries (the "Group").

Job Responsibilities

Insurance industry

• Deep insurance industry strategic and transformation experience for a minimum of 8 years. 

Insurance strategic insights & Client Centricity

• Understand and stay abreast of developments in field of expertise, emerging risks and insurance industry trends (including competitors and digital trends).
• Understand current insurance industry and business strategy, reality, impact of transformation, digital initiatives, risks and expectations and consider key and/or emerging risks to update the annual risk-based annual audit plan, in order to support relevant GIA reporting.
• Be commercially minded with a Nedbank client centric approach and understand the broader business strategy in the auditing approach.

Digital Platform & Data Driven Audit

• Apply knowledge of insurance sector, digital transformation, and emerging risks to assess and engage with stakeholders on large-scale and complex changing environments, data, IT infrastructure and technology and determine best approach and testing strategy to provide advisory / consulting and insightful reporting.
• Apply practical project management experience gained to large transformation projects ito delivery of strategic intent (including SAFe principles)

Transformational Assurance

• Execute audit assignment planning, fieldwork and reporting in line with the Group Internal Audit (GIA) methodology and Institute of Internal Auditors (IIA), including file completion.
• Seek opportunities to improve business processes, models and systems through agile thinking.
• Identify and assess the design adequacy and operational effectiveness of manual and automated controls within audit scope and utilising data analytics.
• Identify and ensure compliance with relevant laws, regulations and guidelines in line with audit scope.
• Influence stakeholders to address inefficiencies in resolving audit findings through utilising professional experience in demonstrating benefits of best audit practice.
• Ensure continuous improvement of the quality of audits through providing professional insights.
• Ensure improved productivity and efficiency and the delivery of projects within agreed timelines.
• Achieve operational excellence and support the implementation of business optimisation improvement in GIA.
• Apply professional judgement in all audit interactions.
• Deal with complex verbal and documented information and data in the audit process.

Integrated Risk and Control Environment

• Engage with the risk and compliance community to ensure coordinated assurance approach and assessment of risk and control to ensure scope is appropriately defined.

Impactful Reporting

• Prepare quality, relevant and commercially astute assignment and reports that provide intelligence and meaningful insights that enable the management of risk to be a strategic and competitive differentiator for Nedbank.
• The ability of story-telling and writing reports in a succinct and concise manner which is visually appealing and at an appropriate level for various stakeholders and governance forums, including Group Audit Committee.

Business Partner Relationships

• Build and maintain an open and constructive relationship during and outside of scheduled as a Trusted Advisor with senior internal and external stakeholders including External Audit and Business Executives and the risk and compliance community.
• Build trusting relationships and improve credibility and quality of audit outputs by achieving team objectives through engaging with staff, peers and other departments for reporting purposes.

Effective Leadership

• Create an environment of teamwork that contributes to Group Internal Audit (GIA);
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities.
• Contribute to the Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Participate and support corporate responsibility initiatives for the achievement of business strategy.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BComm, BCompt, BSc (mandatory)
• Certified Information Systems Auditor (CISA) and optional Certified Internal Auditor (CIA) (optional)

Type of Exposure

• Strategic insights, consulting and advisory
• Influencing stakeholders to obtain buy-in for concepts and ideas.
• Conducting quality assurance reviews
• Sharing information in different ways to increase stakeholders understanding
• Building and maintaining effective relationships with internal and external stakeholders
• Auditing
• Interacting with diverse people
• Analysing and interpreting qualitative and quantitative data
• Communicating standards to others
• Insurance (mandatory); advantageous wealth, asset management and banking
• Consolidate data from various sources and identify/interpret trends

Minimum Experience Level

• 8+ years strategic and transformation experience (including project management ain accordance with SAFe principles) within 1st, 2nd or 3rd line of assurance or consulting / advisory related services. 
• 8+ years in insurance (mandatory) and/or wealth management (advantageous). 

Technical / Professional Knowledge

• Insurance (mandatory) and wealth, asset management and / or banking (advantageous) experience and emerging risks
• Strategic and Transformation experience (including project delivery)
• Project Management - Execution and delivery of projects (including understanding of SAFe principles)
• Changing digital landscape and technology
• Data Management, Governance, Migration 
• Data Analytics and Continuous Monitoring
• Business Acumen and Commerciality
• Consulting and Advisory experience
• Client Centricity, Treating Customers Fairy and Conduct
• Report-writing skills
• Ethics and Fraud
• Reputational risk management
• Governance, Risk, and Controls
• Regulatory, Legal and Economics Principles

Behavioural Competencies

• Managing Work and demonstrating individual drive
• Team orientated
• Building Partnerships
• Quality Orientation
• Continuous Improvement
• Work Standards
• Courage
• Adaptability and change ready