New Jobs at Nedbank

Job Description

• To analyse and monitor regulatory risk indicators associated with money laundering; terrorist financing and sanctions compliance to ensure risks to Nedbank Group are mitigated.

Job Responsibilities

• Ensure compliance to regulatory requirements, improved business results and client service by identifying the likelihood and probability of being imposed with a regulatory risk penalty, criminal liability and/or administrative sanction, through analysing and monitoring risk indicators and advising stakeholders accordingly.
• Analyse, monitor and track regulatory risk indicators by highlighting  possible risks and ensuring reporting takes place within regulatory required timelines.
• Build and maintain collaborative relationships and ensure smooth flow of work and alignment of regulatory requirements as set by South African Reserve Bank (SARB) and Financial Intelligence Centre (FIC) by interacting with Heads of Governance and Compliance, through engagement at meetings.
• Obtain buy-in for implementation of proposed continuous improvement changes and initiatives by engaging with Heads of Governance and Compliance during meetings.
• Mitigate risk, maintain collaborative relationships and meet expectations and needs of clients by providing professional, objective input and creating awareness to stakeholders on relevant alerts and actions to be implemented.
• Analyse and review information to ensure accuracy of information and correct processes followed by obtaining statistical and transactional data from relevant systems, reports and data from subsidiaries and stakeholders.
• Identify relevant breached thresholds as to identify potential risks and trends and ensure compliance standards are adhered to by downloading, preparing, sorting, interrogating and interpreting information and data.
• Communicate identified risks, trends and corrective actions to be taken by relevant stakeholders through reports, governance forums/structures and meetings.
• Follow up on identified risks and corrective action to be taken by stakeholders within specified timeframe through meetings and/or electronic medium.
• Provide an oversight of risk indicators by reviewing reports submitted by stakeholders to governance forums and structures.
• Provide input into new reports or enhancements to existing reports through gaps identified during analysis of risk indicators.
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders, to achieve goals and objectives.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression opportunities for self with input from management.
• Support personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience gained and certifications obtained within specified time frames.
• Ensure up skilling takes place and effective handover to relevant responsible person for actioning by providing input into training sessions and/or sharing knowledge of trends and identified risks with team and stakeholders during formal and informal interactions.
• Obtain buy-in for developing new and/or enhanced reports that will improve reporting of risk indicators and/or proposed corrective action to be taken by business by highlighting benefits and associated regulatory risks, and by gaining support for ideas and initiatives.
• Identify opportunities to improve or enhance business processes and methodologies by researching, developing, implementing and recommending improvement initiatives and effective ways to operate and add value to Nedbank.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Minimum Experience Level

• 2 years experience in analysing and monitoring risk indicators in Anti-Money Laundering (AML), Counter Terrorist Financing, Sanctions Compliance in a banking environment or similar

Behavioural Competencies

• Applied Learning
• Communication
• Initiating Action
• Building partnerships
• Managing Work
• Quality Orientation

Technical / Professional Knowledge

• Business Acumen
• Data analysis
• Ethics and Fraud
• Industry trends
• Microsoft Office
• Nedbank policies and procedures
• Nedbank systems
• Nedbank vision and strategy
• Relevant regulatory knowledge
• Business writing skills

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Job Description

• To ensure the support and maintain the data warehouse in line with the data model; metadata repository and to provide business intelligence analysis through performing strategic and operational support.

Job Responsibilities

•  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.
• Deliver work according to customer expectations by prioritizing; planning and implementing requirements.
• Utilize resources by adhering to standards; policies and procedures.
• Align and continuously improve set processes by identifying innovation opportunities.
• Identify and mitigate risk by executing within governance.
• Resolve incidents by logging and tracking through correct channelsEsnure work are delivered accordong to; relevant technical standards 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 managersEnsure 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.
• Structure data into compliance standards by adhering to metadata governance procedures according to Nedbank documented standards and formats.
• Manage final transformed data content by complying to prescribed standards for reviewing and publishing.
• Govern population of datamart and metadata repository by complying to standards; systems; processes and procedures.
• Support business units by providing consulting services that deliversdata and information relevant to their businessContribute to internal and external information sharing sessions byattending formal and informal meetings.
• Manage vendor relationship interactionsby conforming to vendor managementoffice guidelines and principles.
• Ensure customer needs are met through regular customer feedback sessions

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Degree in Information Technology or Business Management, Mathematical/Statistics

Essential Certifications

• Data Management (DAMA) Certification, Certification/formal training in relevant technology
• Minimum Experience Level
• 10 years relevant experience of which 5-7 years experience is in a data management /business role

Technical / Professional Knowledge

• Microsoft Office
• Relevant regulatory knowledge
• Business writing skills

Behavioural Competencies

• Coaching
• Communication
• Initiating Action
• Managing Work
• Quality Orientation
• Technical/Professional Knowledge and Skills

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Job Description

• The role holder will have an exciting opportunity to apply themselves to understand, adopt, facilitate training & communication, planning with Group Risk and Nedbank stakeholders on switch to Nedbank’s Target State Architecture including infrastructure, processes, people, methodology in each risk domain. The role holder will be challenged to keep abreast of technology & business changes, impact on risk domains, additionally a big focus on DATA driving Nedbank’s ambition of being a Data Driven Organisation including the role Group Risk plays in embracing & partnering with the newly created Data & Analytics Office division.

Job Responsibilities
Key accountabilities

• Develop an understanding of the relevant allocated cluster environment, including knowledge and understanding of product, limits, exposures and relevant processes/persons/systems, end to end data life cycle
• Perform analysis / gap analysis on risk data used in the preparation of regulatory and economic capital including other datasets affecting other risk type reporting
• Participate in the preparation of relevant risk data to ensure alignment to Group risk requirements
• Provide support to the Group Risk teams on aspects relating to the automation, digitisation, improved business process re-engineering of current reporting and management information (MI) for risk domains
• Liaise with relevant risk management (business units) to identify and select appropriate data for risk reporting and analytics
• Engagement and collaboration on Group Risk Journey Projects including application of Data Governance Life-cycle checklist, 3rd Party vendors, Cloud Materiality Assessments
• Provide relevant risk data to support Group Risk Management in the execution of their duties and mandate
• Develop Data Quality reports aligned to BCBS#239 compliance to aid identify infrastructure gaps, root cause, remediate solutions via process or infrastructure changes
• Active guidance, review, and monitoring of Group Risk DQ reports, proactive engagement with risk, technology and clusters to improve risk data quality and reporting
• Providing expertise and analysis of risk data and data quality reports
• Effective in planning and driving results where multiple stakeholders and datasets are in place
• Confidence to challenge to ensure greater value is achieved for organisation
• Provide support & guidance to the Risk data domain stakeholders and Nedbank peers in driving Nedbank Group goals
• Ensure stakeholder needs are met by providing advice, consulting and sharing knowledge 
• Takes action to deal with exceptions, problems, and unforeseen events 
• Maintain effective and productive relationship with all stakeholders in line with Nedbank Values
• Contribute effectively to a re-imagined team culture towards team vision
• Maintain consistent communication with stakeholders in delivery of objectives / projects
• 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

Job Responsibilities Continue
Drive efficiency / optimisation through Automation, Digitisation, Innovation – Challenge Status Quo

• The role holder is required to be innovative in establishing ideas / solutions to automate and refine existing implementation processes affecting Group Risk data domains
• Ability to translate data into concise and informative management information and reporting
• Analysis and problem-solving skills in delivering solutions that are required by Group Risk and cluster stakeholders
• Active participant / adopter of LEAN, Agile, Safe Epic, SDLC, Data life-cycle checklist, DAMA framework, nWoW PMO methodology and practice 

Data and Projects

• Support and guide Group Risk specific data and systems requirements
• Support and guide Risk programmes with data/specification/ prototypes 
• Support and guide Group Risk stakeholders to ensure RDARR Compliance Status 
• Technology awareness and ability to optimise delivery fit for purpose / solution
• Active role in Data Quality Measurement, Monitoring, Remediation and Reporting
• Ad-hoc mini-projects as the need arises
   

Risk and Control Objective

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise wide risk management framework, internal risk policies

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Degree in statistics / data analysis / Computer Science / Information Systems / Data Science or equivalent 

Minimum Experience Level

• 10-15 years relevant experience in the following: Banking, Risk, Technology, Business Intelligence, Finance, Data Warehousing, Data principles, Analytics, Data Management, EDP, RADARR, SQL ETL & Development, Finance Reporting, Regulatory Knowledge, MIS, Dashboarding & Data Quality
• Understanding of Nedbank data landscape will be an advantage
• Good understanding of risk process / policies / data life cycle wrt end to end value chains
• Experience and knowledge Basel framework an advantage
• Understanding of data collection and standardisation
• Understanding of data quality and metrics
• Time management: the ability to prioritise to ensure delivery within role 
• Attention to detail and analytical approach
• Proven track record, forward-thinking and proactive approach to work 
• Proven ability to interpret multiple sources of complex data to draw conclusions and make recommendations
• Strong communications skills, both written and verbal, with ability to work both independently and collaboratively
• Self-motivated / Self-Started, takes ownership of responsibilities assigned to him / her and working towards closure of issues

Technical / Professional Knowledge

• Microsoft Office
• Relevant regulatory knowledge
• Business writing skills
• Change Management & Communication
• Management information and reporting principles, toolsets

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Job Description:

• To manage clients wealth needs through an ongoing advisory process to achieve Nedbanks strategic goals of client centricity and revenue generation; as per the business strategy.

Job Responsibilities

• 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.
• Deliver on due dates through the timeous documenting and scheduling of reviews.
• Focus on eliminating waste and optimising vendor expenditure by managing the billing analysis and audit process.
• Obtain cost efficiencies by promoting competition as a mechanismDefine the savings that could be extracted; by advising and guiding internal stakeholders on the management thereof.
• 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 managersEnsure 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.
• Ensure all successes are communicated to Group Technology through the various publications ( e.g. Full View; Engage) Actively working towards building a network across all areas in GT and understanding the end to end service.
• Oversee service level agreements by managing and tracing the SLA reviews and by updating appropriate registers and plans accordinglyIdentify recurrent incidents and incidents that are not yet matched to existing incident data through the Analysis of incident data.
• Identify problems or known errors and record incidents resulting from incident data for which a structural solution has to be found.
• Determine the root cause; by reviewing the problem resolution with specialist staff and reference the relevant supporting documentation.
• Monitor and follow up on issues raised that might cause possible compliance and risk issues by documenting and reporting issues to the relevant stakeholders as well as tracking and monitoring solutions.
• Ensure that the databases are updated and deadlines are met.
• Document all successes for future reference and lessons learned.
• Manage quarterly reviews and recognition though communication thereof Manage the implementation of the Knowledge Management Plan and systems; policies and processes.
• Promote Knowledge Management principles; processes and procedures to encourage collaboration and information sharing.
• Produce and distribute Management reports by collating the required information.
• Ensure contract process is followed by working in close relation with the Vendor Management and contracting office.
• Ensure the availability of reliable and secure knowledge; information and data throughout the Service Lifecycle.
• Use; establish and maintain effective working relationships with other employees; including external stakeholders; through the use of customer service skills.
• Meet client needs by sending necessary communications to the targeted audienceBuild and maintain relationships by ensuring thatall data on the Information TechnologyService Management Catalogue is updated and communicatedCreate internal synergy by providing information on progress.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• National Certificates and Occupational Awards

Preferred Qualification

• Commercial degree/diploma e.g. B.Comm/B.Sc Actuarial Science/Business Science, Certified Financial Analyst, Regulatory FAIS Exams

Essential Certifications

• FPI (Financial Planning Institute) membership

Preferred Certifications
Minimum Experience Level

• 3-5 years related experience

Technical / Professional Knowledge

• Business terms and definitions
• Business writing
• Communication Strategies
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of financial management
• Relevant regulatory knowledge
• Decision-making process

Behavioural Competencies

• Continuous Learning
• High-Impact Communication
• Managing Work
• Sales Disposition
• Sustaining Customer Satisfaction
• Technical/Professional Knowledge and Skills

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Job Description

• To pro-actively manage credit risk customers through decisive leadership utilising a multi-skilled team, focusing on client engagement, financial analysis, mitigation of exposure, optimal pricing and rehabilitation of distressed exposures, to achieve the Nedbank Group Strategy of being world class in risk management. 

Job Responsibilities

• Ensure adequacy of impairments on the credit risk regional portfolio by engaging with value analytics team and using monthly monitoring tools and exception reporting
• Regularly reviewing collateral on credit risk matters which underpins impairments (ECL)
• Ensure correct credit risk state type of clients by routinely monitoring the total advances book with regards to certain factors that serve as early warning signals and that are reported on exception reports
• Ensure the portfolios comply with IFRS 9 relative to impairments staging 
• Review and comment on reports and analyse the data to understand impairments and risk weighted asset movement 
• Manage the quality of the MIS/ data by regularly checking any inaccuracies 
• Implement and manage credit policies and standards within the credit risk process 
• Ensure adequacy of internal processes and reporting to reduce or eliminate financial risk or loss through ongoing refinement, adherence and enhancement of the bank's processes and procedures
• Ensure compliance and reduced credit and reputational risk by implementing relevant legislation within the credit risk environment
• Ensure dissemination of knowledge pertaining to the bank's processes and procedures to relevant staff members through ongoing training and awareness sessions
• Prepare for, chair regional credit risk meetings and interact with high-risk committee 
• Manage distressed clients by adhering to relevant internal and/or legislative processes namely business management and/or business rescue process, making decisions on either to normalise (rehabilitate, soft exit) or a legal exit
• Define and set standards for credit risk function and share professional expertise in the relevant forums
• Proactively manage the market and industry risk by identifying early warning signals relating to the business, industry, economy, or political risk and deciding on the action plans at various forums
• Build and maintain collaborative business relationships that ensure effective risk management by collaborating and networking between various stakeholders to streamline and enhance the credit risk processes
• Ensure that stakeholder expectations and customer complaints are managed by monitoring team deliverables according to policy and governance
• Reduce or eliminate financial risk or loss through ongoing refinement, enforcing adherence to regulations and enhancement of the bank's processes and procedures.
• Ensure compliance and reduced credit and reputational risk by Implementing relevant legislation within the credit risk environment 
• Ensure timeous decision making and appropriate corrective action for self and team by identifying early warning signals in client behaviour, industry or markets that are indicative of change in risk profile. Effectively and efficiently manage team across the HR value chain including recruitment, performance management, retention of critical staff, succession planning and coaching and talent management as well as contributing to a culture conducive to the achievement of transformational targets 
• Create a culture of information, knowledge sharing, trust, respect and support to ensure a smooth workflow through leading by example and on-going engagement with the team and cross-functionally 
• Ensure issues raised in culture survey are addressed and results are improved by ensuring action plans are created

Minimum Experience Level

• 5 - 8 years credit lending or credit risk experience in a banking environment
• 2 years' managerial experience

Requirements

• NQF Level 6 or Higher in a Finance, Business, Banking or Insolvency-related field
• A Credit Record is essential 

Technical / Professional Knowledge

• Data analysis
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Relevant regulatory knowledge
• Working with a group to identify alternative solutions to a problem
• Building and maintaining effective relationships with internal and external stakeholders
• Analysing and interpreting quantitative and qualitative data
• Relevant Nedbank policies and procedures
• Banking knowledge

Closing Date  -  18 June 2024

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Job Description

• To assist with conceptualising, identifying, developing, executing and implementing profitable complex Structured Finance solutions with targeted clients of the bank related to mezzanine lending and equity transactions; in line with Nedbank business strategy.

Job Responsibilities

• Achieve financial results set by management by assisting the team in securing; equity investments and mezzanine funding opportunities, in the real estate sector, which contribute to improved client service.
• Assist in the structuring; origination; implementation; and monitoring and management of deals; taking corrective action when required; by assisting in compiling and pitching presentations to prospective clients; compiling investment model papers for presentation to Investment Committee for new and existing deals and assisting Property Finance, Finance, Legal and other stakeholders on the implementation of deals.
• Cross-sell other products offered by Nedbank by keeping abreast of Nedbank's offerings in terms of quality; cost; business expectations and compliance.
• Support effective execution of transactions; complying with risk standards; monitoring and taking corrective action when required by modelling; researching; analysing investment proposals and executing legal agreements.
• Improve deal origination by providing multidisciplinary solutions; identifying and resolving work problems and delivering the required output to clients; and refining and enhancing coverage.
• Ensure deals are implemented appropriately; and adhere to policies; procedures and regulatory requirements by developing; maintaining; and running risk and pricing models.
• Develop collaborative client and internal relationships by providing high quality advice; execution; and delivery on new and existing transactions meeting business needs.
• Meet and exceed client needs constantly by maintaining open channels of communication with internal stakeholders and ensuring smooth workflow.
• Seek opportunities to improve business processes and systems by identifying, recommending and implementing effective ways to operate.
• Participate and support corporate responsibility and other initiatives for the achievement of business strategy (e.g. Green Strategy).
• Ensure the SPV's with which we are involved in comply with the legislature in so far as regulatory, company secretary and accounting practices are concerned.
• Undertake quarterly reviews of each investment, updating the committee on progress and highlighting identified risks.

Minimum Experience Level

• 3 to 5 years’ experience in Real Estate Equity and/or Mezzanine Finance or Property fund and/or Property development environment
• 3 to 5 years deal structuring experience

Essential Qualifications - NQF Level

• Post Graduate degree in Accounting/Finance or similar.

Preferred Qualification

• BCom Honours or equivalent

Preferred Certifications

• CA(SA)

Technical / Professional Knowledge

• Business principles
• Business terms and definitions
• Business writing
• Governance, Risk and Controls
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Oral and written communication techniques

Behavioural Competencies

• Communication
• Continuous Learning
• Collaborating
• Stress Tolerance
• Quality Orientation
• Technical/Professional Knowledge and Skills

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Job Description

• Our Group Technology Digital Design Team is looking for an intermediate CX researcher to contribute to Nedbank's design solutions by discovering, interpreting and communicating findings, insights and opportunities in an actionable way. In this role you will be required to ensure that research is grounded in a deep and contextual understanding of what matters to the people we are designing for.
• This role will provide you with the unique opportunity to tap into a broad knowledge base as well as various research methods and approaches facilitating the execution of appropriate research to bridge the gap between where our customers are and where they want to be. We look forward to reviewing your application.

Job Responsibilities

• Conduct primary and secondary research
• Determine appropriate research methods and approaches based on the underlying design challenge
• Synthesise research data collaboratively to surface findings, insights (if appropriate), and actionable opportunities and recommendations
• Develop research briefs, screeners, research plans and protocols based on research objectives (in collaboration with stakeholders)
• Design and execute usability tests, heuristic evaluations, user interviews and surveys 
• Moderate, co-moderate and observe research sessions
• Capture and document and file multimedia (audio, video, webcam, screen recording) recordings of testing sessions
• Transcribe testing material (where required) from audio/video/spoken word
• Maintain a view of overall research objectives and ensure that we're executing with the end in mind
• Analyse test findings (including verbal/behavioural cues, pass/fail criteria, etc)
• Conduct feedback presentations and provide actionable UX recommendations and opportunities to stakeholders
• Effectively communicate findings, insights and actionable opportunities to immediate and broader organisation audiences
• Collaborate on creating solid recommendations on design projects or artefacts to build or enhance product / service / solution offerings
• Work within the scope and timelines of each project to ensure agreed deadlines are met

Technical relevance and alignment

• Keep up to date with the latest developments in design thinking, research, CX, UX and related fields to inform continuous improvement of the Design Research team. 
• Contribute to formulating testing parameters to effectively assess user experience.
• Collaborate on conducting competitor research to develop and improve features of products and to balance user needs, technical constraints, and business objectives to solve user problems effectively.
• Understand scope, requirements, and drive innovative solutions aligned with business goals and UX metrics.
• Effectively communicate ideas, both verbally and visually to gain stakeholder alignment.
• Seek opportunities to collaborate and work effectively with cross-functional teams to ensure designs are successfully created and implemented to achieve user goals and craft world class user experiences.
• Learn, understand and adhere to design standards, frameworks and guidelines and seek advice and support where required.
• Adhere to our client centred design (CCD) process and Design Research standards & guidelines. 
• Actively seek to support the achievement of the business strategy, objectives and values by ensuring delivery of process, services and solutions.
• Continuously research and understand insights into world standards and best practices. Identify training courses and career progression through input and feedback from management.
   

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Post-graduate degree in design, social sciences or behavioural science qualification or equivalent   
•  Tertiary – undergraduate – and/or professional design, social sciences or behavioural science qualification or equivalent   

 
Preferred Certifications

• Usability analysis certificate
• Certification in design from an accredited design school
   

Minimum Experience Level

• 4-6 years 

Technical / professional knowledge

• Determining appropriate methods of research
• Facilitating and observing research
• Synthesising qualitative data and communicating research findings
• Divergent and convergent thinking 
• Relevant design tools
• Writing, editing, proofreading, layout and design skills
   

Behavioural Competencies

• Service Excellence
• Building Customer Loyalty
• Engagement Readiness
• Quality Orientation
• Customer Orientation
• Global Perspective
• Positive Approach

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Job Description

• This role reports to the Chief Actuary and works with the Life and Non-Life teams to design, develop, implement, and manage regulatory as well as internal management deliverables across the portfolio of entities over the end-to-end actuarial control cycle. This includes ensuring the production, analysis, and presentation of regulatory and statutory reporting, along with other management information and financial risk reporting resulting in a strong control environment which enables management in making correct strategic decisions.
• Accountability will be to internal and external stakeholders of Nedbank Insurance, in line with Nedbank's Client Value Proposition. The role provides exposure to the various facets of an Insurance Group across the value chain. It will also involve engagement with the Chief Actuary, Chief Financial Officer, Heads of Actuarial teams, Heads of Actuarial Function, Risk Management and Executive and Insurance Board subcommittees. The person fulfilling the role is expected to have a strong technical knowledge of insurance reporting, capital and risk management while enjoying engaging and working with stakeholders and mentoring and growing more junior staff. 

Job Responsibilities

• Coordination of Group actuarial deliverables across the entities including SAM Returns, Economic Capital, ORSA Capital Projections and Stress and Scenario Testing, setting risk appetites and risk reporting.
• Review of technical actuarial work ensuring consistency of methodologies across entities and supporting teams to reduce reliance on 2nd line HAF thereby improving 1st line efficiency.
• Development of methodologies across bases and entities that meet regulatory requirements, Group requirements, as well as achieve optimal outcomes for the business.
• Supporting 1st line teams to develop and implement control and documentation requirements to meet good practices, Cluster and Group risk and reporting requirements, as well as requirements of external assurance providers.
• Coordinate and lead internal technical peer review forum to review actuarial models, methodologies, assumptions and results before submission to the Actuarial Control Committee for approval. 
• Coordination of reporting to the Actuarial Control Committee, Enterprise Risk Committee, and Board Committees ensuring high quality, fit for purpose content.
• Support the business to ensure and demonstrate that regulatory requirements, actuarial guidance and good practices are followed (FSIs, APNs etc). Driving improvement and monitoring new requirements and developments to ensure NI proactively implements these.  
• Support the business to meet the Group Model Risk requirements that is fit for purpose.
• Ensuring independent model validation as per Group Model Risk requirements are met. 
• Performing investigations / analyses across the entities which require an enterprise view such as expense analysis and allocations across entities and product lines that are accurate and optimal.
• Ad hoc support to 1st line teams where needed.
• Assist in driving insight into the business and aiding in commercial decisions around book management.
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
• Drive and maintain knowledge sharing within the team.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities. 
• Participate and support corporate responsibility initiatives for the achievement of business strategy.
• Seek opportunities to improve business processes, models and systems though agile thinking.
• Contribute to a culture conducive to the achievement of transformation goals.

People Specification

• Accuracy of reports and records
• Drafting / Creating reports
• Built and Managed Client and Stakeholder Relationships
• Managing conflict situations
• Communication internal and external stakeholders
• Managing stakeholder expectations
• Interacting with diverse people
• Working in a fast-paced and changing environment
• Working within a team
• Data Analytics

Essential Qualification

• B.Degree in Actuarial Science (Hons)
• FASSA or AMASSA

Minimum Experience Level

• FASSA with relevant life valuations experience or AMASSA with at least 7 years of working experience.
• Experience working in a Life Valuations team.
• Desirable:
• Experience with IFRS17
• Experience with Prophet and/or R
• Experience managing staff
• Experience with HAF interactions
• Experience working with Scrum/ Agile / Scaled Agile
   

Technical / Professional Knowledge

• Business writing skills
• Business principles
• Business terms and definitions
• Governance, Risk and Controls
• Data analysis
• Relevant software and systems knowledge
• Banking knowledge
• Insurance

Behavioural Competencies

• Technical/Professional Knowledge and Skills
• Quality Orientation
• Technology Savvy
• Communication
• Continuous Improvement
• Monitoring Information

Closing Date: 21 June 2024