Quantitative Analyst needed in Johannesburg

Requisition Number and Talent Acquisition REQ: 133514 Location: Sandton, Johannesburg Closing Date: 30 April 2024 Talent Acquisition: Saranya Govender Career Stream Quantitative Leadership Pipeline Manage Self: Professional Job Purpose The role will be focused on maintaining, monitoring and refining the IFRS9 impairment models, general credit risk analytics and reporting analyses within the Retail and Business Banking Credit Provisions team. The role provides in-depth exposure to the banks credit risk measurement methodologies used for the calculation of credit impairments. Furthermore, it offers high visibility as the analyses and reports will be tabled at executive level committees and the banks internal and external auditors. This is a balanced role, focusing on technical expertise as well as behavioral competencies (e.g. conflict resolution, negotiation skills). This role will suit a passionate and ambitious individual interested in Credit Risk modelling and analytics. Job Responsibilities

• The incumbent of the role is accountable for driving the accurate and timeous completion of key credit risk analytics as well as continually developing analytics to aide accuracy of reporting in line with Nedbanks strategic goal of being operationally excellent in all we do.
• Maintain, monitor and refine IFRS 9 ECL credit impairment models in SAS and the Nedbank Model Implementation Platform.
• Alignment of credit provisioning and reconciliation
• Monthly production of high-quality credit impairment reporting
• Monthly analysis and assurance of portfolio movements
• Assisting management with various ad-hoc tasks, reports, specific deep dives and analyses
• The incumbent must keep abreast with accounting standard (IFRS 9) requirements.
• Increase efficiencies through programming and automating processes.

• Advanced Diplomas/National 1st Degrees

• Bachelors degree in Actuarial Science / Financial Mathematics / Mathematics / Statistics or similar

• Business Acumen
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Quantitative Skills

• Adaptability
• Applied Learning
• Earning Trust
• Communication
• Stress Tolerance
• Driving for results
• Continuous Improvement
• Technical/Professional Knowledge and Skills