Risk & Reporting Analyst

Nedbank; Johannesburg; On-site; ZAR 650,000 - 1,050,000; Full time

Job summary

Nedbank is seeking an experienced data analytics professional within Group Finance to drive advanced risk analytics across operational risk. You will collaborate with stakeholders to consolidate data, build risk models, and deliver insights for strategic decision making.

The role emphasizes data governance, compliance, and reporting to regulatory bodies, with a focus on Basel-aligned risk management practices and continuous improvement.

Qualifications

• Matric/Grade 12 is required.
• Advanced Diploma or National first degree is expected.
• BCom in Computer Science/Data Science/Risk Management preferred.

Responsibilities

• Lead data discovery and consolidate data from sources.
• Ensure compliance with IT and data risk procedures.
• Use analytics to assess market trends, indicators and changes.
• Evaluate risks from data trends and propose mitigations.
• Model operational risk scenarios and quantify impact.
• Build and maintain risk models for decision support.
• Align risk analytics with business strategy and values.
• Create multi-facet reports per Group policies and external requirements.
• Provide actionable insights to improve risk management strategies.
• Present reports to governance and regulatory forums.
• Submit risk reports to regulators in compliance.

Skills

Data analytics

Advanced analytics tools

Governance, risk and controls

Decision making

Monitoring information

Quality orientation

Innovation mindset

Stakeholder engagement

Education

Matric / Grade 12 / National Senior Certificate

Advanced Diplomas/National 1st Degrees

BCom Computer Science/ Data Science/ Risk Management

Tools

SAS

Job description

Requisition Details and Talent Acquisition Contact

Cluster: Group Finance - GROUP PROCUREMENT COE

Job Family

Risk, Audit and Compliance

Operational Risk

Manage Self: Expert (MSE)

Job Purpose

To use advanced data analytics techniques to generate reports that provide value-adding insights for business, strategic and operational risk decision making across the Group to achieve its strategic objectives and gain a competitive advantage.

Job Responsibilities

• Lead the data discovery processes; and collaborate with key stakeholders to consolidate data from different sources.
• Ensure compliance with information technology and data risk management procedures when managing, analysing, and transferring data.
• Use relevant analytics software and techniques to analyse data related to market trends, economic indicators, and regulatory changes to identify potential operational risks.
• Evaluate potential operational risks from data trend analysis and propose mitigation strategies.
• Analyse and model potential operational risk scenarios to assess their impact on the Group's risk profile.
• Build and maintain risk models to support decision making and risk quantification.
• Review enterprise and cluster plans and ensure the delivered process, services and solutions are aligned to support the achievement of the business strategy, objectives and values.
• Drive initiatives to enhance risk management processes, systems, and methodologies based on data driven trends and industry best practices.

Job Responsibilities Continue

• Create multifaceted reports in accordance with internal Group policies/ frameworks; and external reporting requirements, including insights which span operational sub-risk types.
• Provide actionable insights and recommendations based on risk analysis to enhance operational risk management strategies.
• Present reports developed at ad hoc governance committees and regulatory meetings.
• Ensure submission of operational risk-related reports to regulatory bodies, in compliance with applicable laws and regulations

Stakeholder Engagement:

• Build and maintain collaborative relationships with key stakeholders.
• Foster communication and collaboration with the internal team to ensure a comprehensive understanding of risk concerns and priorities.
• Incorporate feedback from stakeholders into reports to enhance the accuracy and relevance of risk analysis.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom Computer Science/ Data Science/ Risk Management or related qualifications

Preferred Certifications

Minimum Experience Level

• 3 - 6 years
• Business analysis and risk management

Technical / Professional Knowledge

• Data processing and management systems like SAS
• Governance, Risk and Controls
• Research methodology
• Data analytics and management
• Financial and risk regulations including BASEL standards
• Decision Making
• Managing Work
• Monitoring Information
• Quality Orientation
• Innovation: A visionary who shapes the future and who pioneers new solutions.

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