Nedbank

The Programme 

Job Purpose: 
 
To develop world class Quantitative Analysts through the Nedbank Quants Graduate Programme.  
 
To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management 
 
Job Responsibilities: 

• Seek opportunities to improve business processes, models and systems by identifying and recommending effective ways to operate and adding value to Nedbank. 
• Contribute to the Nedbank Quants Training Programme by proactively participating in programme committees/structures (E.g. marketing committee, recruitment committee and social committee). This is called ‘programme involvement’. The objective of this participation is to enhance their personal and professional development whilst adding value to the
• Nedbank Quants Training Programme. 
• Ensure business needs are met by engaging and assisting business through face-to-face interaction and attendance at forums and committees 
• Assist the business to address queries by extracting and analyzing data. 
• Ensure continuity and knowledge base through documenting and recording processes and models. 
• Ensure compliance to policy through data analysis and monitoring. 
• Establish understanding of processes by bridging the gap between operational and analytical concepts through communication. 
• 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 as well as sharing knowledge and industry trends with the team
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.). 

Required Skills and Abilities 

• Undergraduate Degree.
• Business Related Degree - Postgraduate degree, Honours or Master’s degree (with majors in pure Mathematics, applied Mathematics, Statistics, Engineering, Econometrics, Financial Engineering, Quantitative Risk Management or similar)  

Type of Exposure: 

• Conducting root cause analysis. 
• Analyzing situations or data requires an in-depth evaluation of multiple factors. 
• Developing ways to minimize risks. 
• Influencing stakeholders to obtain buy-in for concepts and ideas. 
• 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. 
• Interacting with various levels of management. 
• Managing multiple projects.
• Working within a team  

Minimum Experience Level: 

• No experience required.  

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. 
• Quantitative Skills.
• Governance, Risk and Controls. 

Behavioral Competencies: 

• Adaptability. 
• Communication. 
• Collaborating. 
• Customer Focus. 
• Decision Making.
• Managing Work. 

About Us: 

Nedbank Group Limited is a bank holding company and one of the four largest banking groups in SA measured by assets, with a strong deposit franchise.  
 
Its principal banking subsidiary is Nedbank Limited. The company’s ordinary shares have been listed on JSE Limited since 1969 and on the Namibian Stock Exchange since 2007. 
 
The Group provides wholesale and retail banking services, insurance, and asset management and boasts approximately 1 000 staffed outlets throughout SA with headquarters in Sandton, Johannesburg and large operational centers in Durban and Cape Town.