Jobs at Nedbank

Job Purpose

• To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls within the Markets business; in line with Nedbank business strategy.

Job Responsibilities

• Valuation of derivatives and markets instruments.
• Daily Profit and Loss validation, attribution and reporting.
• Trade Lifecycle Management, including setting up market data required to book & value trades and positions and trade documentation for complex trades.
• Independent price verification and validation of market data.
• Analysis and BI/MI reporting of trading data.
• Close working relationship with the Front Office and bridging the gap between the trading desks and support areas.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial or trading information
• Protect the trading environment by ensuring controls are adhered to.
• Ensure accurate risk and position exposure by reviewing reconciliations and following up on unreconciled items.
• Comply with relevant legislation by reviewing and submitting statutory returns timeously.
• Understand and meet stakeholders’ requirements through ongoing engagement.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Achieve business objectives within specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Technical / Knowledge

• Valuation of derivatives, bonds and/or other markets instruments 
• Derivatives and bond trade life cycle
• Trading and other relevant software and systems knowledge
• Mathematically strong 
• Complex data analysis and MI reporting
• Governance, Risk and Controls 
• Industry trends 
• Banking procedures 
• Business Acumen 
• Relevant regulatory knowledge 
• Research methodology 

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• CFA Charterholder / FRM / Financial Management / Engineering / Data Analytics / Mathematics

Minimum Experience Level

• 5 to 8 years in Markets Product Control, Markets Trading, Markets Trade Support, Markets Valuation Control or Markets Trading System Support and
• 2 years managing others

Type of exposure

• Markets Trading environment
• Conducting root cause analysis 
• Developing ways to minimize risks 
• Managing conflict situations 
• Influencing stakeholders to obtain buy-in for concepts and ideas 
• Sharing information in different ways to increase internal stakeholders understanding 
• Brainstorming ways of improving a product or situation 
• Challenging the status quo with a view to improve people's understanding of issues 
• Managing team dynamics 
• Writing business proposals 
• Identifying trends and anomalies

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

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Job Purpose

• To recover debt and assets by following internal and legal processes and procedures resulting in reduced costs and losses for the bank.

Job Responsibilities

• Ensure internal and external stakeholders perform within agreed turnaround time and Service Level Agreements by monitoring the accounts.
• Rehabilitate accounts by contacting, negotiating, concluding and monitoring arrangements with client and authorised third parties.
• Reduce and manage impairments and credit loss ratio by applying the appropriate actions including drawing daily reports and distributing to relevant stakeholders.
• Maintain client satisfaction by responding to general queries on risk or arrears timeously.
• Contribute to team dynamics by sharing knowledge and ideas.
• Build and maintain business relationships with internal and external stakeholders by sharing performance expectations.
• Ensure client account status are correct by checking the account history details on the system.
• Keep the customer profile updated by site visit, sending letters, statements and attach proof on the profile.
• Prioritise customer accounts by grading all accounts into risk categories and age analysis.
• Minimise potential loss to the bank by implementing the collection process and strategy.
• Ensure to comply with policies, procedures and regulations by following prescribed processes and mandates.
• Notify clients of dormant /excess or arrears accounts by preparing and sending relevant correspondence.
• Outline progress and planned actions for the forthcoming month by meeting with stakeholders on a monthly basis.
• Escalate high risk matters (liquidation, deceased estates, absconsion, alienation, debt review, bad debt write-off, business rescue, arrear accounts, etc..) by distributing to relevant stakeholders.
• Improve workflow and time management efficiencies by proactive planning and implementing credit control process
• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
• 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.
• Ensure information is provided correctly to stakeholders by maintaining knowledge  sharing knowledge with team.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
• Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

Minimum Experience Level

• 2 years experience in credit collections

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Certificate: Credit Management

Technical / Professional Knowledge

• Banking knowledge
• Business terms and definitions
• Data analysis
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Negotiation skills
• Product Knowledge
• Relevant Nedbank Human Resources policies and practices
• Administrative procedures and systems

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Job Purpose

• To deliver banking solutions to clients by understanding their business and needs through relationship management to achieve Nedbanks strategy to be the most admired bank.

Job Responsibilities

• Deliver banking solutions that meet client needs through understanding of client's business and needs through relationship management.
• Demonstrate an understanding of risk parameters by managing client relationships according to credit principles
• Improve results by tracking and analysing financial reports against agreed measures.  
• Understand clients business and needs through proactive client relationship management according to portfolio mandate.
• Build relationships with internal stakeholders through communication and networking as determined by client needs.
• Collaborate with third parties by engaging with them as guided by requirements of solutions delivered to clients.
• Complete tasks through planning and reviewing against set targets.
• Manage resources (time, processes and support teams) to optimize value against client expectations.
• Comply with risk standards,policies and procedures through training and development as required by group complianceframework
• Research and analyse information by using problem solving techniques to propose solutions for work challenges.
• Support the achievement of the  business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.  
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

People Specification

Minimum Experience Level

• 4-5 years' Relationship management experience in the financial sector a must
• 2-3 years’ experience in Business Acquisition essential
• Experience in a Sales and Deal Origination related to a Corporate Client Portfolio within a Banking / Financial Services environment would be advantageous

Requirements

• NQF Level 5 or Higher in a Financial or Business-related field essential
• Post-Grad Degree in Financial/Business Management is an advantage
• Valid driver's license and own reliable transport is essential

Technical / Professional Knowledge

• Banking knowledge
• Banking procedures
• Business Acumen
• Business principles
• Business writing
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Microsoft Office
• Nedbank policies and procedures
• Nedbank vision and strategy
• Principles of financial management
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Decision-making process
• Nedbank culture
• Cluster Specific Operational Knowledge

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Job Purpose

• The Client Value Proposition Specialist will be responsible for developing and articulating compelling value propositions that resonate with our wealth management and banking clients. This role involves deep market analysis, client insights, and collaboration with various departments to ensure our offerings meet client needs and stand out in the market.

Job Responsibilities

• Develop and Refine Value Propositions: Create and continuously improve value propositions for different client segments within the wealth management and banking sectors.
• Market and Client Analysis: Conduct thorough market research and client analysis to understand needs, preferences, and trends.
• Collaboration: Work closely with product development, marketing, sales, and client service teams to ensure alignment and effective communication of value propositions.
• Competitive Analysis: Monitor and analyze competitor offerings to identify opportunities for differentiation.
• Client Communication: Develop clear and compelling messaging for client-facing materials, presentations, and digital content.
• Training and Support: Provide training and support to sales and client service teams to ensure consistent and effective communication of value propositions.
• Performance Measurement: Track and analyze the performance of value propositions and make data-driven recommendations for improvements.

People Specification

• Client-focused mindset with a passion for delivering exceptional value.
• Innovative and creative thinker.
• Detail-oriented with strong organizational skills.
• Ability to thrive in a fast-paced and dynamic environment.

Essential Qualifications - NQF Level

• Matric / National Senior Certificate
• Bachelor’s degree in Marketing, Business, Finance, or a related field

Preferred Qualification

• MBA or relevant advanced degree is a plus.

Minimum Experience Level

• Minimum of 5 years of experience in a similar role within the wealth management or banking industry.

Technical / Professional Knowledge

• Business terms and definitions
• Cluster specific operations
• Communication Strategies
• Governance, Risk and Controls
• Principles of financial management
• Principles of project management
• Research methodology
• Decision-making process
• Data and Business analysis
• Competitive Intelligence