Head Credit Optimisation

Nedbank; Johannesburg; On-site; ZAR 800,000 - 1,000,000; Full time

Job summary

Nedbank is seeking an experienced risk analytics professional in Johannesburg to provide assurance on credit RWA, SA-CCR, and regulatory reporting across the bank. The role focuses on data governance, capital management and risk measurement within credit risk systems.

The successful candidate will drive automation, process improvements and oversight of regulatory reporting controls while engaging with senior stakeholders across Risk, Finance and Technology.

Qualifications

• Honours degree in mathematics/statistics/engineering with relevant experience.
• 7+ years' experience in credit RWA calculation and capital management.
• Strong knowledge of Basel II/III/IV, SA-CCR and regulatory reporting.

Responsibilities

• Provide assurance on credit RWA across all products and regimes.
• Identify opportunities to improve credit RWA optimisation and reporting.
• Lead and coordinate credit risk reporting, data management and RDARR compliance across the Group.

Skills

Credit risk analysis

RWA calculation

SA-CCR

Regulatory reporting

Data governance

Stakeholder management

Project management

Education

Honours degree in mathematics/statistics/engineering

Tools

RDARR tooling

Regulatory reporting systems

Job description

To provide assurance on, insight into, and optimisation of bank-wide non-regulatory models, credit reporting, credit RWA, SA-CCR, risk data, regulatory reporting processes, and credit risk systems. Drive automation, efficiency, controls, risk data governance, data quality and RDARR compliance, regulatory compliance, and strategic change initiatives across the credit risk reporting and measurement landscape.

Job Responsibilities

• Provide assurance on credit RWA allocated across all products in the Group, including adherence to regulations, trend analysis and attribution.
• Identify opportunities to improve credit RWA optimisation.
• Leverage a deep understanding of credit risk regulations to optimise RWA, resolve regulatory issues and ensure compliance with prudential requirements.
• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results, and reporting.
• Provide oversight, challenge and optimisation of regulatory capital frameworks, including Basel III reforms, SA-CCR, large exposures and other prudential requirements.
• Perform validation of material non-regulatory models across the bank, including acquisition, pricing, AML, operational risk, fraud, climate risk and economic forecasts.
• Participate in expert groups, technical forums and business review sessions in order to perform risk assurance of models developed across the Group.
• Lead and coordinate the credit risk reporting and data management landscape, including BA returns, ICAAP, CSST, Pillar 3, Analyst Booklet reporting, RDARR compliance, risk data aggregation, data governance, data quality management and regulatory reporting controls.
• Provide analysis, challenge and insight into credit risk metrics, portfolio trends, capital drivers, regulatory outcomes and emerging issues to support effective decision-making.
• Investigate, resolve and manage regulatory reporting, data, capital and system-related queries raised by business units, regulators, auditors and senior management.
• Lead system enhancements, business requirements, testing, implementation activities and production readiness assessments supporting regulatory, risk data and reporting change initiatives.
• Drive automation and efficiency initiatives to improve reporting processes, risk data management, workflow effectiveness and operational resilience.
• Establish and oversee controls, reconciliations and governance processes supporting credit risk measurement, RDARR compliance, risk data aggregation, data quality and regulatory reporting.
• Lead and manage change initiatives, including planning, tracking, status reporting, issue management, stakeholder engagement and benefits realisation.
• Communicate insights and team output to relevant committees / forums to facilitate improved measurement and management of risk.
• Build, manage and influence relationships with senior stakeholders across Group Risk, Finance, Technology, Regulatory Reporting, Internal Audit, model development teams and business units.
• Actively participate in credit committee and technical forums and provide effective challenge and well-supported recommendations.
• Contribute to a high-performance team culture and continuous improvement via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• Identify opportunities to add value across the Group Risk Analytics and Group Credit Risk functions.
• Define and track delivery roadmaps, action plans and remediation programmes supporting risk optimisation, RDARR compliance and strategic objectives.
• Drive continuous improvement in risk data, systems, reporting, controls and operational processes through practical and sustainable solutions.
• Stay abreast of developments in your field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, and lead by example.

Essential Qualifications

• Honours degree in mathematics/statistics/engineering with relevant experience

Minimum Experience Level

7+ years' experience in credit RWA calculation and analysis, capital management, regulatory reporting, Basel II/III/IV, SA-CCR, risk data management, credit risk systems, change delivery and stakeholder management.

Types of exposures

• Coaching and mentoring others
• Building a community of leaders

Technical / Professional Knowledge

• Advanced knowledge of Basel II/III/IV capital regulations and credit risk frameworks.
• Strong understanding of SA-CCR, credit RWA methodologies, regulatory reporting and prudential requirements.
• Comprehensive knowledge of RDARR principles, risk data aggregation, data governance, data lineage, data quality management and regulatory reporting controls.
• Credit risk reporting, analytics and risk data management across regulatory, management and external reporting requirements.
• Business analysis, requirements definition, system implementation, testing and change management.
• Project management, planning, tracking and delivery governance.
• Process automation, operational efficiency and control framework design.
• Advanced quantitative, analytical and problem-solving capabilities.
• Executive communication, stakeholder engagement and committee presentation skills.

• Sharing Responsibility
• Strategic Influence
• Cultivating Networks and Partnerships
• Driving Execution
• Planning and Organizing

Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).