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Nedbank Group Limited is a bank holding company that operates as one of the four largest banking groups in South Africa. The company's shares have been listed on the JSE Limited since 1969. The group offers a wide range of wholesale and retail banking services through four main business clusters, namely Nedbank Corporate and Investment Banking, Nedbank Retai...
Job Purpose
Job Responsibilities
Minimum Experience Level
Essential Qualification
Completed Postgraduate OR currently registered in final year to complete 4 year degree with majors in:
Preferred Qualification
Completed Postgraduate degree (Honours or Masters) with majors in:
Types of Exposure
Technical / Professional Knowledge
Behavioural Competencies
Closing Date
12 June 2023
Job Purpose
To deliver on the annual audit plan thereby providing reasonable assurance to stakeholders that key risks are being mitigated through adequate and effective management controls in accordance with Group Internal Audit (GIA) methodology.
Each model audit assesses model design, model documentation, quality of model inputs and data, model implementation (usage) and model governance. It assesses the following models: Credit Risk Models, Market Risk Models, IFRS9, Pricing Models, Liquidity Risk Models, Pillar II Risk Models, Stress Testing Models, Regulatory & Economic Capital Models, Financial Crime Risk Models, Affordability Models/Tools.
Job Responsibilities
Reviewing key aspects of each model under review: model design, model documentation, quality of model inputs, model implementation and model governance
Performing audit fieldwork in terms of the audit program.
Documenting the audit testing performed.
Stakeholder engagements on audit issues identified.
Drafting of audit report: including executive summary and detailed audit findings.
Evaluating and monitoring of corrective actions taken to address control weaknesses identified.
Attendance of key risk committee and technical risk committee meetings where relevant
Interaction with the regulating authorities on model related matters.
Minimum Experience Level
4- 7 years extensive experience in model development, testing and validation or Model/Quantitative risk Audit (preferably within the banking or similar financial services industry);
Ability to operate independently with minimal supervision;
Knowledge of statistical, financial, risk and quantitative methods;
Proficiency in programming software packages such as SAS, SQL, R, VBA, PYTHON and MATLAB.
Understanding of credit, operational, market and liquidity risk models as defined by Basel II & III will be advantageous
A comprehensive understanding of relevant financial services regulatory frameworks and compliance requirements as well as practical experience of these.
Extensive internal/external audit and / or risk management experience in banking
Actuarial and/or Market Risk experience.(e.g., engineering), or a Chartered Accountant with credit risk experience.
Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees
Preferred Qualification
Degree in Mathematics, Financial Mathematics, Statistics, Economics or Actuarial Science, or a quantitative discipline (e.g., engineering), or a Chartered Accountant with credit risk experience.
Preferred Certifications
Certified Information Systems Auditor (CISA) and optional Certified Internal Auditor (CIA)
Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) or Certified Financial Services Auditor (CFSA)
Technical / Professional Knowledge
Audit reporting
Audit standards and practices
Banking knowledge
Governance, Risk and Controls
Ethics and Fraud
Reputational risk management
Information technology
Business writing skills
Regulatory, Legal and Economics Principles
Business Acumen
Job Purpose
To manage (end to end) the strategy; planning; organising; negotiating; staffing directing and controlling of all aspects of projects or programmes for a portfolio in ensuring the successful implementation of IT Projects and to realise the business cluster strategy. Provides expert advice and counsel to functional/ and non functional user personnel and project teams on the most complex aspects of integration of logical groupings of technologies.To facilitate agreed solution and ensure the solution meets business requirements with minimal impact to the stability of the IT environment.
Job Responsibilities
Assist in defining the operational business requirements of the business (KPI'S, SLA's processes and procedures and reporting ) through translating organisational strategy into functional strategy and assigning accountability to relevant stakeholders
Effectively manage the delivery of services to the stakeholders by establishing governance forums and by understanding, assessing and managing escalated risks associated with programmes and projects
Optimise the effectiveness of resources through modelling capacity requirements across full portfolio and by understanding and communicating impact of capacity requirements
Ensure optimal organising of environment by specifying the nature of capacity requirements in alignment with strategic priority and by actively managing the capacity of the project managers in the team and negotiate where capacity constraints occur
Ensure end to end design is aligned to architecture road maps by understanding the landscape and through regular engagement with relevant stakeholders
Ensure effective optimisation of systems, processes and technology by doing route cause analysis and taking corrective measurement and ensuring standards defined per technology with regard to integrations are adhered to
Take responsibility for implementation of programme and project governance that aligns to project methodologies, processes and project disciplines
Continuously encourage customer centricity by defining/developing tiered SLA's in order to improve delivery and cost efficiencies
Define and agree service level of operational and call centre support - including support and maintenance, application health and stability
Escalate project performance to relevant board by clearly showing business objectives according to business cases
Ensure optimal team delivery by considering and making amendments to processes, structures, operating models and business plans
Ensure transformational target are met through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list for department
Contribute to a culture conducive to the achievement of transformation goals and support business strategies that improve the corporate image by ensuring self, managers and team participation in Nedbank culture building initiatives
Participate and ensure managers encourage staff to participate and support corporate social responsibility initiatives for the achievement of business strategy
Ensure issues raised in culture survey are addressed and results are improved by ensuring action plans are created
Deliver a world class service through others by ensuring a client centric culture through required interventions.Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes
Manage branch budget (recoveries of staff incl) through responsible budget planning and management and by driving efficiencies
Ensure project execution of the end to end life cycle of all portfolio programmes and projects relating to the implementation of IT projects according to the project methodology and strategy.Ensure successful project delivery by dealing with escalated project issues, non delivery conflicts and integration
Enhance the credibility of the function by reviewing project metrics and by meeting with the project managers to give direction to project execution
Successful execution of Innovation and Technical projects through the Project Management Office
Essential Qualifications - NQF Level
Matric / Grade 12 / National Senior Certificate
Preferred Qualification
Matric and relevant tertiary qualification
MMP or equivalent
Essential Certifications
Formal accreditation in professional field where applicable
Minimum Experience Level
10 - 15 years experience in an IT environment (across IT disciplines) of which at least 2 years in a feeder area to this role
Card & Payment experience is plus, Examples of leading digital business transformation is plus,
Types of Exposures
• Lead digital transformation through leveraging latest technology trends such as cloud, Devops, Agile, etc.
• Have strong execution bias.
• Collaborate and influence teams not in direct control to execute on strategic objectives.
• Entrepreneurial skill is important
Technical / Professional Knowledge
Budgeting
Business administration and management
Business principles
Business terms and definitions
Capacity planning
Change management
Client service management
Communication Strategies
Diversity management
Employee training/development
Financial Accounting Principles
Governance, Risk and Controls
Organisational behaviour theory
Principles of project management
Relevant regulatory knowledge
Stakeholder management
Strategic planning
Talent management
Business writing skills
Management information and reporting principles, tools and mechanisms
System Development Life cycle(SDLC)
Role relevant related technologies
ITIL
IT Concepts
Business Process
Products and Services
Behavioural Competencies
Building Partnerships
Facilitating Change
Inspiring others
Business Acumen
Driving for Results
Selecting Talent
Delegation and Empowerment
Job Purpose
Work with the Business Design Lead to craft and innovate business models using design thinking processes for desirable propositions to enhance overall strategy and make Nedbank more disruptive and aggressive to existing and new-to-market competitors. To support the innovation process and creation of disruptive opportunities for the bank.
Job Responsibilities
• Solution design across multiple technologies/products
• Drive the stakeholder understanding & strategy creation within projects and business development overall
• Analyse the market (competitor and target segment) and provide market insights for the design team
• Analyse the client’s business and build the business drivers
• Build and develop business models for projects to succeed
• Conduct Process designs and contribute to the creation of service roadmaps
• Take responsibility for the quality of business design and successful delivery of work in this area
• Develop innovation frameworks that can translate into business models that have utility
• Provide business consulting on pitches, workshops and other new business projects as required, thus ensuring a strategic approach
• Craft the storyline and content creation for strategy-focused pitches and recent business presentations
• Support the business development team with strategic input, client meetings, presentations
• Collaborate with Design and strategy teams to weave business design approaches into Nedbank design and establish it as a core discipline
• Foster knowledge sharing in Business design across different teams, projects, and offices
• Collaborate with clients to understand their business challenges and opportunities and to help identify and prioritise their near and long-term goals
• Partner with a diverse group of designers to create new and evolve existing products, services, and experiences to promote a positive impact on our clients
• Use discovery-driven planning and financial modelling to explore the business model possibilities behind design concepts and to shape and influence their design
• Prototype and pilot actual transactions with ideas to build confidence in the business model
• Design business models that enhance and extend consumer experiences
• Design organisational structures and strategic assets to help the business support the latest offers and drive innovation
• Collaborate with Product Owners and other business Stakeholders to understand their business challenges and opportunities and to help identify and prioritise their near- and long-term goals.
• Design organisational structures and strategic assets to help The Business support the latest offers and drive innovation.
• Partner with various designers to create new and evolve existing physical and digital products in ways that foster strategic business growth.
• Use discovery-driven planning and financial modelling to explore the business model possibilities behind design concepts and to shape and influence their design.
Essential Qualifications - NQF Level
Matric / Grade 12 / National Senior Certificate
Preferred Qualification
Design Certification from an accredited Design School
Minimum Experience Level
• 4- 6 years of experience in a Business Design role
Types of exposures
• Relevant industry experience (business design, design strategy, business or IT (Information Technology) consulting, Digital Strategy). Candidates with different years of experience will be considered for corresponding career levels.
• Demonstrate fluency with the human-centred design process and an ability to work in multidisciplinary design teams.
• Experience in designing applications that balance user needs, commercial interests, and technological constraints
• Demonstrated fluency with the human-centred design process
• Strong understanding of the innovation lifecycle and how to develop a business model to support the innovation process. Ability to function, adapt and succeed in a constantly changing environment
• Experience in business development from lead generation through proposal writing and proposal delivery
• Experience in working in multi-disciplinary design teams
• Ability to work independently and identify and solve problems effectively and efficiently
• Ability to function, adapt and succeed in a constantly changing environment
• Proactive, self-sufficient, and professional, with strong organisational, time management and communication skills
• Solid understanding of design tools: Sketch/Figma, Adobe Creative Suite and Miro
• Solid knowledge of prototyping with InVision/Sketch/Figma
Technical / Professional Knowledge
• Value Proposition Design
• Business Modelling
• Product Design
• Design Thinking
• Design Research and Market Analysis
• Technical Knowledge
• Business Model Artifices
• Financial Modelling
Behavioural Competencies
Collaborating
Continuous Learning
Customer Orientation
Decision Making
Earning Trust
Innovation
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