Location: Johannesburg Group Risk Quantitative Manage Self: Professional Position Quantitative Analyst: Credit Risk and Analytics Job Purpose To enhance the effective use of credit analytics across Group Risk through enhancing the Group’s ability to manage the credit portfolio more actively, assisting to optimise the return on credit, in line with the business unit's risk appetite and Nedbank business strategy. The incumbent will contribute to a team which specialises in a focus on credit portfolio analytics and credit modelling from a Group perspective and driving the development of an analytics/modelling framework which involves, but are not limited to: Job Responsibilities Creating and maintaining strategically focussed analytical tools with the operational team within the Credit Data Systems team. Provision of MI, analysis, and reporting, including recommendations for portfolio tilt initiatives Measuring the success of existing portfolio tilt initiatives through monitoring on a frequent basis. Enhance the analysis of asset returns metrics. Enhance risk/return analytics and conduct deep dives into credit portfolios. Driving Active Credit Portfolio Management across all lending portfolios within the Group Analytics around Credit Capital (both RWA and ECAP), including, but not limited to, items such as RWA attribution development, ECAP vs. RWA analysis, ECAP optimisation. Provision of asset Market share/peer analytics. Be involved in developing/ refining existing loss forecasting and stress testing approaches specific to impairments, RWA and credit economic capital, including ensuring that the process is agile and accurately reported to the various committees. Providing inputs into the wider Nedbank methodologies pertaining to regulatory capital and impairments modelling given that GRA are the custodians. Contribute towards delivering on any Group wide submissions pertaining to year-end disclosures. Contribute to the development of improved risk appetite measurement methodology and metrics. Active use of Advanced credit portfolio management to understand portfolios and have a more proactive view on Credit Risk. Contribute to the GRA Manco to ensure a cohesive unit. Stay abreast of developments in field of expertise, ensuring personal and professional growth. Understand and embrace the Nedbank vision and values, leading by example. Deliver services to internal client expectations. Build internal and external stakeholder relationships. Sharing knowledge and insights with members of the team More generally, the incumbent is expected play a role in the broader team, with responsibilities that include Conceptualisation, planning and execution of co-operative projects Mentorship and development of junior team members Minimum Experience Level 2+ years’ work experience in credit risk (e.g., Basel or IFRS9 modelling, analytics, or pricing) Essential Qualifications - NQF Level Advanced Diplomas/National 1st Degrees Preferred Qualification Graduate degree in Mathematics, Financial Mathematics, Statistics, Economics or Actuarial Science, or a quantitative discipline (e.g., engineering), or a Chartered Accountant with credit risk experience 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 Disclaimer Preference will be given to candidates from the underrepresented groups Please contact the Nedbank Recruiting Team at +27 860 555 566 --------------------------------------------------------------------------------------- Please contact the Nedbank Recruiting Team at +27 860 555 566 If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up. Nedbank Ltd Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16). For assistance please contact the Nedbank Recruiting Team at +27 860 555 566 #J-18808-Ljbffr