Open Positions at Nedbank

Job Purpose

• To add value and enable business decisions through effective human resources analysis and reporting across a range of business areas.

Job Responsibilities

• Maintain high standards of analysis and reporting within defined time frames by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Understand and meet stakeholders requirements through ongoing engagement.
• Develop and maintain complex spreadsheets while validating data integrity and accuracy.
• Challenge model builds through peer review participation and ensuring best practice.
• Interpret and manipulate data using a deep understanding of Microsoft Excel features and functions such as pivot tables, V-lookups, SUMIFS and VBA macros.
• Using advanced Excel knowledge to build and modify spreadsheets to automate the processing of large quantities of data in terms of data entry, analysis and reporting.
• Consolidate financial reports and make value added recommendations by using information from various sources.
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
• Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
• Minimize manager reviewing time by performing comprehensive self review of deliverables.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• 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.
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Ensure all personal development plan activities are completed within specified timeframe.
• Identify training courses and career progression for self through input and feedback from management.
• Essential Qualifications - NQF Level
• Professional Qualifications/Honour’s Degree

Minimum Experience Level

• 5 years in financial management preferably in the financial services industry and 2 years managing others.

Preferred Qualification

• Chartered Accountant
• Post graduate degree in Mathematics

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Job Purpose

• The Margin Analytics function plays an important role in Nedbank in terms of unpacking the Group and cluster-level net interest income (NII), interest earning assets (IEA) and net interest margin (NIM).   The Senior Manager: Margin Analytics is responsible for managing the margin analytics processes and associated reporting into the various executive committees and public disclosures.
• The Margin Analytics function works closely with the Funds Transfer Pricing (FTP) team to keep abreast of the movements in the FTP rates and changes in methodology that will impact NIM and similarly with front-line clusters to unpack and understand the movements in client rates and any changes in inter alia strategy. 
• The Senior Manager: Margin Analytics will be responsible for supporting the Executive:  Funds Transfer Pricing and Margin Analytics with quantitative and qualitative tasks pertaining to Group and cluster-level NII, IEA and NIM and other Asset and Liability Management processes.

Outputs (deliverables)

Retrospective and Prospective Group NIM Analysis and Reporting 

• Responsible for analysing and reporting the drivers of Group and cluster-level NII, IEA and NIM movements through various reporting periods.
• Managing the reporting of NIM analytics in public disclosure documents, e.g. results booklets.  Support the Nedbank leadership team to present NIM to the market by raising key items, offering good insights and relevant analytics in a timely manner.
• Collaborating with front-line clusters to, retrospectively and prospectively during the forecasting process, unpack the key drivers of movements in their funding and credit spreads and together with the FTP team liaise with front-line clusters to share information about movements in FTP rates and how it could be impacting their funding and credit spreads, endeavouring to have a consistent message being landed at the various management meetings.  
• Build strong relationship with and add value to front-line clusters through insightful engagements and analytics tools that BSM avail to ultimately ensure that the BSM Margin Analytics team is a partner of choice for front-line clusters. 
• Continuously optimising and automating NIM processes to ensure world-class reporting with key insights with maximum time spent on analytics and value-add. 
• Produce Group and cluster level NIM analytics over the forecasting period and enable constructive discussions to ensure that Strategic Portfolio Tilt, other Alco and management strategies and changes in the FTP methodology is correctly incorporated into the forecasting process.
• Manage all other daily, weekly, monthly and adhoc responsibilities of the Margin Analytics team.
• Keep abreast of market, accounting and strategy changes to anticipate and report the impact it could have on Group NII, IEA and NIM in a timely manner.

Comprehensive Peer Analysis

• Complete detailed peer analysis, including right-sizing analytics, by unpacking the NII, IEA and NIM drivers of the peer group as disclosed to the market and comparing it to the drivers in Nedbank.
• Collaborate with Group Risk to overlay the Credit Loss Ratio and provide key insights to stakeholders. 

Contribute positively to the greater FTP and Margin Analytics and BSM team

• Active involvement in the running of some of the key FTP processes to promote synergy in the greater team, reduce key-person dependency and encourage cross-skilling in the team. 
• Engage with the FTP, Interest Rate Risk in the Banking Book and BSM Finance teams on key developments, projects and strategies that will impact NII, IEA and NIM.
• Role model human-centered leadership and values driven, ethical behaviour in Nedbank. Contribute positively to the Nedbank culture and inspire delivery of our purpose of using our financial expertise to do good and in so doing, drive greater impact in society.

Formal Qualification

• Post graduate degree in Accounting, Economics, Financial Risk Management, Quantitative Risk Management, Financial Mathematics.

Experience

• 5 to 10 years’ experience within a Treasury, Balance Sheet Management, Asset and Liability Management or NII Analytics function.
• 3 years in a people management position.
• Knowledge of banking book products and experience with data analytics and optimisation of processes.

Personal style and values

• Must demonstrate a willingness to enhance understanding of current methodologies and models (self-starter). Excellent verbal and written communication skills. 
• Must be able to explain complex and/or technical matters clearly, accurately and simply.  
• High levels of resilience, determination and drive.

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Job Purpose

• To lead and manage the unit/s by ensuring relevant processes are administered and meet business requirements.

Job Responsibilities

• Meet Service Level Agreements (SLA) by managing processing activities within agreed timelines and parameters.
• Minimise financial and reputational risk by ensuring accuracy of processing activities.
• Contribute to department budget by providing input to operational forecast.
• Minimise operational costs by managing cost effectively within budget.
• Increase Nedbank's market share and revenue by identifying and referring marketing opportunities to relevant clusters.
• Reduce revenue leakage by optimising revenue collection processes.
• Implement a professional customer interfacing environment by managing teams to respond to and action customer requirements within agreed SLA and risk parameters.
• Understand and meet stakeholder (including Regulators) needs by building and maintaining relationships through regular interactions.
• Obtain and provide feedback by meeting with internal and external stakeholders.
• Highlight risk by reporting exceptions.
• Ensure compliance and maintain clean audits by managing implementation and adherence to all processes and procedures.
• Ensure accuracy by implementing preventative and corrective activities.
• Create a culture of continuous improvement by identifying opportunities and/or implementing enhancements to processes, procedures and/or systems.
• Ensure projects are implemented and delivered by collaborating whilst adhering to governance practices.
• Meet reporting requirements by compiling and contributing to reports.
• Make and implement informed business decisions by analysing operational/business reports.
• Optimise productivity by implementing capacity management principles.
• Ensure business continuity by drafting, updating and testing Business Continuity Plans (BCP's).
• Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.
• Stay abreast in field of expertise and deliver on the expectations from stakeholders by building capability of self and staff through identifying current and future training and development needs.
• Ensure self and staff understand and embrace the Nedbank Vision and Values by leading by example and re-enforcing values during meetings.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Address issues raised in culture surveys by participating in the development and implementation of action plans.
• 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.

People Specification

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate

Preferred Qualification

• Degree or diploma in related area (finance, credit, business management, administration, project management)

Essential Certifications

Preferred Certifications

Minimum Experience Level

• 4 - 6 years related experience (finance, credit, business management, administration, project management)

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Job Purpose

• To conduct proactive investigations in Nedbank and render forensic technical support to stakeholders to mitigate fraud risk and criminal liability and ensure regulatory requirements are met .

Job Responsibilities

• Build and maintain mutually beneficial relationships and ensure close co-operation and exchange of information.
• Create awareness of criminal and/or unethical trends and modus operandi.
• Ensure stakeholder needs and expectations are met and keep stakeholders updated on progress of requests for analytical and forensic support.
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, business strategy and CSI.
• Address issues raised in culture surveys to improve results.
• Deliver a worldclass service through client service culture. Achieve operational excellence.
• Influence the enhancement of business processes and methodologies.
• Contribute to combating fraud at industry level by alerting stakeholders of potential fraudulent events.
• Prevent risks by participating during post mortems meetings and analysing trends and patterns.
• Ensure costs are recovered per time allocation and transfer pricing agreements with stakeholders.
• Fulfil and gain an understanding of stakeholder needs, and the analytical and forensic support requests.
• Provide analytical and forensic support to stakeholders.
• Ensure accurate presentation of evidence.
• Improve personal capability and stay abreast of developments in field of expertise.
• Ensure personal growth and application of new competence to enable effectiveness in performance of roles and responsibilities by ensuring that all personal development plan activities are completed within specified timeframes.
• Ensure up skilling and effective handover to relevant responsible person.
• Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.
• Investigate unusual and/or suspicious system events by proactively analysing and investigating alerts, taking appropriate action and recommending potential solutions.
• Mitigate risk and prevent and/or reduce potential losses.
• Provide technical support to stakeholders. Identify gaps, make recommendations, improve processes and prevent reoccurrence of loss.
• Identify operational and risk related issues proactively.
• Monitor suspicious events and/or behaviour.
• Prevent further potential losses by alerting other banks of possible fraudulent transactions identified in the process of investigating alerts.
• Ensure regulatory standards for record keeping are met when preparing files for safekeeping.
• Ensure provision for losses are made and regulatory requirements are met and report claims and corruption cases.
• Report information regarding fraudulent trends to Enterprise Risk Committees (ERCOs) and enable implementation of preventative and corrective action.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Diploma: Criminal Justice and Forensic Investigation , Advanced Diplomas/National 1st Degrees

Preferred Certifications

• Institute of Commercial Forensic Practitioners (ICFP) and/or Association of Certified Fraud Examiners (ACFE), preferred not essential

Minimum Experience Level

• Minimum 3 years experience in a banking environment and/or conducting investigations

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Job Purpose

• To work with business and projects to identify areas where complex business processes and performance can be developed or improved. Leverages BPM techniques, concepts, and tools to proactively assists business managers in identifying and evaluating opportunities for improvement. May lead some process transformation and/or performance improvement initiatives and perform administrative tasks that include project estimation and planning, project budget expenditure.

Job Responsibilities

• Define the scope and estimations for process initiatives
• Proactively plan process deliverables based on relevant project delivery method
• Work with business stakeholders to prioritise process work
• Design and execute process improvement initiatives, taking responsibility for individual delivery in terms of quality, scope and time.
• Conduct As Is and To Be discovery, analysis and design using relevant analysis techniques
• Proactively engage with business on strategic initiatives which require process improvement
• Professionally consult with senior stakeholders across clusters.
• Ability to build business case to demonstrate business value & calculate ROI for business stakeholders
• Define and analysis value chains (cross functional process mapping) and linking business strategy to process architecture
• Define the process end-to-end view (Operating model)
• Understand process improvement & Enterprise Architecture frameworks
• Understand advanced process measurement (tying value chain processes to corporate performance metrics)
• Ability to design and develop process measurement analytics and collaborate on the construction of the analytics tools
• Ensure successful implementation of processes by evaluating benefit realisation
• In depth understanding of process and workflow streamlining, problem resolution, change management and relevant BPMS tool use
• Understand how change management integrates into the overall transformation initiative
• Develop communication plans that will facilitate the planned changes
• Develop mitigation strategies for cross-organizational impacts for process improvement projects
• Ability to use BPM related tools including project planning and tracking
• Understand how BPMS and RPA tools are used for process automation
• Ability to manage the capture of information in the BPM tools and review models for compliance with standards
• Ability to work with the data architects to define dataflow, data transformation, interface needs and sources for all information
• Understand big data concepts and how it will be used for research, customer experience management, and information mining
• Understand current and emerging technology landscape and how it can be used in the BPM context
• Understand all the regulatory and compliance drivers for the business within their customer domain.
• Able to apply Nedbank process methods and practices on process initiatives
• Understand the required risk controls within the risk appetite within their customer domain
•  Establish the boundaries and predictions for process-related tasks.
• Anticipate process outcomes based on the appropriate project delivery approach.
•  Spot potential enhancements and construct a business case to illustrate the business worth & compute ROI for the CoE
• Develop and implement process enhancement strategies, assuming accountability for individual delivery in terms of excellence, range, and timeline
•  Ensure comprehension of process enhancement & Enterprise Architecture frameworks to offer guidance and assistance
• Promote automation wherever feasible by comprehending the application of BPMS and RPA tools for process automation
• Set out Nedbank’s process techniques and practices on process task
• Guide process engineering groups working on various projects
• Establish new BPM process structures
• Offer Process Engineering proficiency to the assigned portfolio
• Conduct process 

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Qualifications in the following: Industrial Engineering, Computer Science, Informatics, Information Technology is essential 

Essential Certifications

• CBPP, Lean Six Sigma Greenbelt or Black Belt, and BPMN.
• Added advantage – TOGAF, ARIS modeler training, FTI, Post grad diploma

Minimum Experience Level

• 5 Years + experience as a Process Engineering working in an Agile environment 
• Modelling- BPMN/EPC/UML
• Process Analysis & Design
• Business Architecture
• ARIS

Types of exposures

• Proficiency in BPM, Change Management, ARIS, BPMN and other methods that are part of a collaborative team. 
• Leadership on small-to-medium process and performance improvement engagements

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Job Purpose

• This is a front office role within the Specialised Distribution’s Structured Products team, which is part of Investment Banking. Structured Products is focused on originating, implementing and maintaining of structured debt finance solutions. Focus areas of the team are on secured note programmes (credit repacks), securitisation and other secured/asset backed funding solutions. This includes solutions to be funded in the debt capital markets. This is a structuring role. Incumbent will predominately focus on the execution of originated deals, as well the analysis of potential new opportunities.

Job Responsibilities

• Meaningfully contribute to the Structured Products unit within Specialised Distribution.
• Contribute to revenue generation, with acceptable risk adjusted return.
• Grow Structured Products’ business by supporting Principals, building networks, and contribute to developing Nedbank CIB’s brand.
• Implement and close transactions by sharing your professional skills, completing deal assessments, running various pricing scenarios, structuring the transaction, preparing presentations/proposals to internal/external clients and presenting well written credit applications to the Credit Committee.
• Monitor market trends by researching and recording market developments, competitor activities and innovation of structured products and services.
• Contribute to innovation and product development in Specialised Distribution.
• Grow bank wide profitability by attracting and retaining clients and supporting cross-sell to relevant product areas.
• Deliver quality structured funding solutions to meet requirements of existing and potential customers.
• Manage portfolio risk to maintain profitability and acceptable credit loss ratios.
• Manage risks by ensuring compliance with the relevant credit, investment and compliance policies of the bank.
• Identify and mitigate operational risk by implementing controls.
• Build and sustain trusting internal and external relationships and alliances across functional and organizational boundaries through collaboration with relevant stakeholders.
• Be proficient in Microsoft Excel and a passion for financial modelling. Strong quantitative skills will be a requirement.
• Knowledge of the Debt Capital Markets will be an advantage

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• CA(SA) / CFA / Engineering/ Quantitative Degree/ Relevant Postgraduate Qualification.

Essential Certifications

• CA(SA), CFA

Minimum Experience Level

• 3-5 years relevant sector / industry experience (Financial Services or other)