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Senior Quantitative Analyst

Nedbank

Johannesburg, South Africa1 day ago
42 views19 saves3 applies

Job Type

full time

Description

Job Requisition Details

Requisition ID: 146544

Location: Johannesburg, Gauteng 

Closing Date: 05 July 2026

Talent Acquisition: Bongiwe Mchunu

Job Family

Business and Commercial Banking

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

FAIS Affected

Job Purpose

Design, develop, and maintain best-practice quantitative models and analytical solutions to support risk management, enhance business performance, and drive strategic decision-making in line with regulatory and business requirements.

Why Join Our Team

  • Work at the forefront of quantitative analytics within a leading financial institution;
  • Contribute to high-impact models that shape business and risk strategy;
  • Collaborate with skilled professionals in a data-driven, innovative environment;
  • Gain exposure to cutting-edge tools, techniques, and regulatory practices and
  • Grow your expertise through continuous learning and complex problem-solving.

Job Responsibilities

  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to; monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • Increase efficiencies through programming and automating processes.
  • Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.
  • Challenge model builds from around the cluster through peer review participation and ensuring best practice.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Research and make recommendations for corporate citizenship initiatives in area of influence
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • 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 development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • Ensure data accuracy through data and front-end analysis; pre and post testing of system/strategy changes.
  • Ensure business process consistency through formal communication; updating and maintaining policies.
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Review reporting and ensure accuracy through analysis and providing feedback.Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal 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

Our Ideal Candidate

We are looking for someone who:

  • Has strong quantitative, analytical, and problem-solving skills;
  • Is experienced in developing, validating, or reviewing models;
  • Can translate complex data into meaningful business insights;
  • Is proficient in analytical and programming tools (e.g., Excel, Python, SAS, or similar);
  • Understands risk management frameworks and regulatory requirements;
  • Communicates effectively with both technical and non-technical stakeholders;
  • Demonstrates attention to detail and a strong quality orientation and
  • Takes initiative and continuously seeks process and model improvements.

Essential Qualifications - NQF Level

  • Matric / Grade 12 / National Senior Certificate
  • Professional Qualifications/Honour’s Degree

Preferred Qualification

  • A relevant tertiary qualification (NQF Level 7) in Mathematics, Data Science, Quantitative Finance, or a related field
  • A postgraduate qualification or professional certification (e.g., CFA, FRM, CQF) will be advantageous

Minimum Experience Level

  • 3–5 years’ experience in a quantitative or analytical role within financial services or a similar environment;
  • Proven experience in developing, testing, or validating quantitative models and analytical solutions;
  • Exposure to risk management frameworks, regulatory requirements, and data analysis techniques and
  • Experience with programming, automation, and improving analytical processes.

Technical / Professional Knowledge

  • 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
  • Business Acumen
  • Quantitative Skills

Behavioural Competencies

  • Applied Learning
  • Coaching
  • Communication
  • Collaborating
  • Decision Making
  • Continuous Improvement
  • Quality Orientation
  • Technical/Professional Knowledge and Skills

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Please contact the Nedbank Recruiting Team at +27 860 555 566 

This job is found at InterviewStack.io

Skills

analyticsmonitoringexcelpythondata analysisautomationrequirements gatheringproject managementrisk managementtalent acquisitiondata sciencebusiness strategy

About Nedbank

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management.

financial services, bankingWebsite