Job Requisition Details
Requisition ID: 147451
Location: Johannesburg, Gauteng
Closing Date: 04 September 2026
Talent Acquisition: Bongiwe Mchunu
Job Family
Business and Commercial Banking
Career Stream
Quantitative
Leadership Pipeline
Manage Self: Professional
Job Purpose
To contribute to the development and maintenance of best practice of capital and impairment models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.
Job Responsibilities
- Develop, maintain and validate best practice capital and impairment models.
- Present models and supporting analysis to stakeholders for approval.
- Manage the model submissions through the governance requirements.
- Manage stakeholder expectations by liaising with stakeholders through the model build process.
- Ensure continuity and knowledge base through documenting and recording processes and models.
- Ensure data accuracy through data and front-end analysis; pre and post implementation of system/strategy changes.
- Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
- Ensure accuracy and feasibility through impact analysis for newly developed model.
- Challenge other model builds through peer review participation and ensuring best practice.
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Ensure business needs are met by engaging and assisting business through interaction and attendance at forums and committees.
- Assist the business to address queries by extracting and analysing data. Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
- Provide insights enabling growth through analytical research; systems and marketing insights by delivering analytical results and making recommendations to stakeholders.
- Establish understanding of processes by bridging the gap between operational and analytical concepts through communication.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- 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; experience practiced and certifications obtained and/or maintained within specified time frames.
- 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 transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
Why Join Our Team
Join Nedbank's Quantitative Analytics team and play a key role in shaping advanced risk management solutions that support strategic business decisions. You will work alongside highly skilled professionals, leveraging data, analytics, and innovative modelling techniques to influence business outcomes, drive continuous improvement, and contribute to a purpose-driven organisation committed to growth, transformation, and excellence.
Essential Qualifications - NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
We are looking for candidates with a strong academic background in quantitative disciplines. The ideal candidate will hold:
- A postgraduate qualification in Statistics, Mathematics, Quantitative Finance, Econometrics, or a related field.
- Professional certifications such as CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), CQF (Certificate in Quantitative Finance), or equivalent quantitative and risk management certifications will be advantageous.
Minimum Experience Level
Graduate - recent graduate or early-career professional with a qualification in a quantitative field.
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
Behavioural Competencies
- Adaptability
- Applied Learning
- Earning Trust
- Communication
- Stress Tolerance
- Driving for results
- Continuous Improvement
- Technical/Professional Knowledge and Skills
---------------------------------------------------------------------------------------
Please contact the Nedbank Recruiting Team at +27 860 555 566
