Job Purpose
To lead the definition description measurement analysis and reporting of the social impact generated by Nedbank's projects and programs in particular reference to commercial model analysis for which projects we should be moving from grant to concessionary to commercial / financial funding across all projects in the social impact team. Quantify the financial social environmental and economic value to be created enabling the organisation to make data-driven decisions that enhance its social initiatives and demonstrate value to stakeholders. Ensure alignment of social impact measurement with Nedbank's strategic goals maintaining transparency and accountability in reporting.
Responsibilities
- Implement the strategic vision for social impact measurement and reporting within the organization.
- Assist in creating policies and frameworks that support effective social impact measurement and reporting in line with the Group strategy.
- Collaborate with key stakeholders to align social impact strategies with Nedbank's goals and ensure effective reporting.
- Develop strategies to gather relevant social impact data from various sources including surveys, interviews and secondary data.
- Maintain and manage databases to ensure accurate and up-to-date information enabling efficient data retrieval and analysis.
- Design, develop and implement models to move from grant funding into concessionary funding and then into commercial funding as per the strategy.
- Ensure the accuracy, completeness and reliability of data through regular audits and validation processes.
- Conduct detailed analyses to evaluate the financial, social, environmental and economic outcomes of projects using established frameworks and methodologies to enable better decision-making on which proposals to support.
- Calculate the cost-benefit ratio of social initiatives to provide a clear understanding of the value to be generated relative to the investment made, and use this data to progress greater funding for commercial success.
- Perform scenario analyses to assess the potential impact of different strategies and interventions.
- Create comprehensive reports that present social impact findings in a clear and accessible manner tailored to different audiences including funders, partners and internal teams.
- Develop presentations weekly and monthly to communicate key findings and insights using visual aids and storytelling techniques to enhance understanding.
- Document methodologies, assumptions and calculations used in SROI analyses to ensure transparency and reproducibility.
- Ensure adherence to key ESG policies by developing and advising on the integration of best practices.
- Collect ESG data and metrics systematically throughout the enterprise to drive success against goals and measure the effectiveness of ESG programs.
- Collaborate with management to integrate SROI findings into strategic planning and decision-making processes ensuring that social impact considerations are embedded in organizational strategies.
- Provide evidence-based recommendations to improve social impact based on analysis and insights derived from SROI / value based studies.
- Contribute to the development of policies and frameworks that support effective social impact measurement and reporting.
- Stay updated on the latest trends and best practices in social impact measurement and SROI ensuring that the organization remains at the forefront of the field.
- Continuously improve data collection, analysis and reporting processes leveraging new technologies and methodologies to enhance efficiency and accuracy.
- Explore innovative approaches to social impact measurement including the use of advanced analytics, machine learning and other emerging technologies.
- Integrate SROI / other value analyses with other reporting tools and frameworks used by the organization.
- Develop and customize reporting tools to meet the specific needs of the organization and its stakeholders.
- Provide training and support to staff and partners on the use of various reporting tools, ensuring consistency and accuracy in reporting.
People Specification
Essential Qualifications - NQF Level
- Advanced Diplomas / National 1st Degrees
Preferred Qualifications
BCom Economics Business Management Statistics; Econometrics; Data Science Environmental Science.
Preferred Certifications
Advanced degrees or certifications in impact measurement, social impact assessment
Minimum Experience Level
Total number of years of experience: 1 - 2 years
Type of experience: Analytics, strategy and reporting.
Technical / Professional Knowledge
- Stakeholder Relationship Management
- Client Centred / Design Thinking
- Attention to detail
- Project Management skills
- Digital Skills
- Analytical skills
- Communication skills
- Leadership Skills
- Governance and Risk controls
Behavioural Competencies
- Business Acumen
- Communication
- Initiating action
- Gaining commitment
- Facilitating change
- Driving Execution
- Understanding Industry Trends
Please contact the Nedbank Recruiting Team at
Required Experience :
IC
Key Skills
Project / Program Management, Project Portfolio Management, Portfolio Management, Credit Analysis, Banking, Pricing, Analysis Skills, Project Management, Financial Analysis, Budgeting, Property Management, Contracts
Employment Type : Contract
Experience : years
Vacancy : 1