Senior Quantitative Analyst

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

Job summary

Nedbank is seeking a senior quantitative analyst to translate advanced portfolio insights into practical business strategies across Home Loans and Motor Finance. You will combine hands-on analysis with stakeholder influence and team leadership to drive profitable growth, healthy credit outcomes and customer loyalty in the secured lending portfolio.

The role requires strong modelling, programming skills, and experience in credit analytics, with the ability to deliver reproducible analyses and

Qualifications

• Strong background in statistical modelling and forecasting.
• Experience with quantitative analysis for risk and portfolios.
• Exposure to credit/portfolio management and risk analytics.
• Proficient in SAS, Python or SQL.

Responsibilities

• Analyse secured lending portfolio profitability and credit outcomes to identify risks and opportunities.
• Translate analyses into practical recommendations for senior leadership.
• Develop and evaluate portfolio strategies for growth and risk-adjusted returns.
• Assess campaigns, pricing, policy changes, and portfolio optimization opportunities.

Skills

Statistical modelling

Forecasting

Quantitative analysis

Python

SQL

SAS

R

Stakeholder management

Programming

VBA

Education

Honours Degree

Postgraduate degree in Statistics/Mathematics/Actuarial Science/Economics

Tools

SAS

Python

SQL

R

Excel

VBA

MATLAB

Job description

To translate advanced portfolio insights into practical business strategies that drive profitable growth, healthy credit outcomes, customer loyalty and retention across the Home Loans and Motor Finance Corporation portfolios. The role combines hands-on quantitative analysis, strategic thinking, stakeholder influence and people leadership to identify opportunities, mitigate emerging risks and support data-driven decisions across the secured lending value chain.

Job Responsibilities

• Analyse secured lending portfolio, profitability, customer behaviour and credit outcomes to identify emerging risks and commercial opportunities.
• Translate complex analysis into clear, practical recommendations for senior leadership and decision‑making forums.
• Develop and evaluate portfolio strategies covering profitable growth, risk-adjusted returns, customer loyalty, retention, switch attack and switch defence.
• Assess campaigns, pricing and policy changes, business initiatives and portfolio optimisation opportunities through robust pre‑ and post‑implementation analysis.
• Build accurate, complete and reproducible analyses, reporting and decision‑support tools; automate recurring processes where appropriate.
• Partner across Secured Lending Leadership, Credit, Pricing, Acquisitions, Impairments, Collections, Finance, and Product.
• Lead, coach and develop one analyst while strengthening team capability through knowledge sharing, constructive review and on‑the‑job guidance.
• Operate with a high level of independence.
• Support the business strategy, values, transformation goals and continuous improvement agenda through credible analysis and effective stakeholder engagement.
• 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.
• Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
• 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.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

Postgraduate degree in Statistics, Mathematics, Actuarial Science, Engineering, Economics or related quantitative field.

Minimum Experience Level

• 5–7 years’ relevant quantitative or analytical experience
• Exposure to credit, portfolio management or risk analytics
• Experience using analytical tools such as SAS, Python or SQL
• Stakeholder management experience across various levels

Technical / Professional Knowledge

• Strong track record of statistical modelling, forecasting, and quantitative analysis
• Proficiency in at least one programming language (Python, R, C++, Java, SQL, SAS, VBA, MATLAB), with the ability to design, translate, and implement mathematical or statistical models into flexible, scalable and production‑ready code
• Technical understanding of risk management models (e.g. PD/LGD, VaR, Expected Shortfall, EPE/PFE)
• Technical understanding of accounting standards
• Exposure and technical understanding of the full model lifecycle
• Technical understanding of testing methods and types (e.g. stress testing, back‑testing, regression, performance, system, and unit testing).
• Familiarity, exposure and technical understanding
• Exposure and Technical understanding to AI/ML techniques and model explainability tools (e.g. SHAP, LIME, etc.).
• Familiarity with cloud‑based analytics platforms and deployment practices
• Understanding of LLMs, generative AI and agentic AI is advantageous
• Coaching
• Communication
• Decision Making
• Quality Orientation
• Driving Execution
• Strategic Influence

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