Nedbank Quantitative Analyst Jobs in South Africa
Nedbank Quantitative Analyst Jobs in South Africa
Job Purpose The incumbent of the role is responsible for driving best practice Model Risk Management (MRM) across the Group in order to facilitate world class risk management.
Job Responsibilities
Contribute to the transition of the MRM function from foundation phase to MRM in-action phase. Implement and execute on MRM to the Power of N – model management of the future.
Maintenance of a group-wide model inventory across the Nedbank model universe.
Assessing the level of aggregate model risk in the Group.
Build relationships with stakeholders by networking through targeted and informal interactions and consistent delivery of quality output to build trust.
Maintaining the Group Model Risk Management Framework and Level 3 Model Risk policy.
Contribute to the model definition and model inventory enhancements.
Contribute to the model risk scoring, model materiality and model risk appetite methodology
Assisting with Model risk ECap quantification and allocation.
SAS MRM maintenance and enhancement.
Model/methodology advisory and support for all clusters (solution generator, unlock business and client value).
Contribution to model rationalisation initiatives.
Assisting with Model Risk ICAAP & Pillar 3 reporting.
Ensure personal growth and enable effectiveness in performance of roles and responsibilities through formal and informal learning activities and practical experience.
Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction.
Contribute to a culture conducive to the achievement of transformational goals by participating in Nedbank
Culture building initiatives.
Minimum Experience Level
1 year experience in a Quantitative Analyst role.
Qualifications
Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees
Preferred Qualification
Post graduate degree in mathematics/ statistics/actuarial science/engineering/data science.
Type of Exposure
Analysing situations or data that requires an in depth evaluation of multiple factors
Developing ways to minimize risks
Influencing stakeholders to obtain buy-in for concepts and ideas
Sharing information in different ways to increase stakeholders understanding.
Executing strategy.
Working with a group to identify alternative solutions to a problem.
Interacting with diverse people.
Building and maintaining effective relationships with internal and external stakeholders.
Analysing and interpreting quantitative and qualitative data.
Managing multiple projects.
Technical / Professional Knowledge
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.
How to Apply
For more information and job application details, see; Nedbank Quantitative Analyst Jobs in South Africa
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