Quantitative Analytics Lead

Nedbank; Sandton; On-site; ZAR 1,200,000 - 1,900,000; Full time

Job summary

Nedbank seeks a lead quantitative analyst in Johannesburg to head the development and governance of stress testing models and related risk analytics. You will drive MEFM-based scenarios, climate-risk analyses and ICAAP support, shaping governance and stakeholder reporting across Group Risk and Group Finance.

You will lead a team of quantitative analysts, mentor talent, and translate complex model outputs into actionable business insights for senior management and regulators.

Qualifications

• Advanced degree in a quantitative discipline required.
• Proven experience in risk modelling, stress testing and ICAAP.
• Strong programming skills in Python and other analytic languages.

Responsibilities

• Lead design, development and governance of stress testing models.
• Oversee MEFM quarterly and ad hoc stress testing.
• Translate model outputs into actionable business insights for leadership.

Skills

Quantitative modelling

Stress testing

Programming (Python)

R

MATLAB

SQL

SAS

Econometrics

Stakeholder management

Leadership

Education

Master's degree in quantitative finance or related field

FRM or CQF certification

CFA or data science qualifications

Tools

Python

R

MATLAB

SAS

SQL

Power BI

Excel

Job description

Nedbank seeks a lead quantitative analyst in Johannesburg to head the development and governance of stress testing models and related risk analytics. You will drive MEFM-based scenarios, climate-risk analyses and ICAAP support, shaping governance and stakeholder reporting across Group Risk and Group Finance.

You will lead a team of quantitative analysts, mentor talent, and translate complex model outputs into actionable business insights for senior management and regulators.