Quantitative Analyst

About

Description

The Quantitative Analyst role at Nedbank, based in Sandton, Johannesburg (Hybrid), focuses on developing and maintaining advanced analytical models and data assets to support credit risk management strategies in line with regulatory frameworks such as Basel and IFRS 9. The role involves automating processes, performing detailed data analysis, supporting initiatives like ECL adequacy and credit risk RWA, and improving reporting efficiency. Candidates should have a strong quantitative background (BSc in Mathematics, Engineering, or related), 1–3 years of relevant analytical experience, and proficiency in tools like Excel and other analytics software. Strong problem-solving skills, attention to detail, adaptability, and a commitment to continuous improvement are key to success in this role.

Responsibilities

• Build and formally present reports by monitoring business performance and operations within the set risk appetite and through analysis, as and when required
• Increase efficiencies through programming and automating processes
• Participate in analytics-based projects that cover different aspects of credit risk management, including Credit Risk RWA, IFRS9 ECL adequacy, scorecards, and models
• Drive process improvements across the credit risk reporting landscape
• Provide trend analysis and assurance on portfolio movements, with relevant investigation and interpretation

Qualifications

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees
• 3-year qualification in a Mathematical related BSc, Engineering, CFA, FRM, CQF
• 1 - 3 years relevant experience in an analytical environment
• Preferred experience in understanding Basel Capital and IFRS 9 Impairments
• Preferred experience in modelling

Application instructions:

• Click the green button to apply