Senior Quantitative Analyst Senior Quantitative Analyst (Credit Risk Assurance)

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

Job summary

A prominent banking institution seeks an experienced professional for a role in credit risk management. The successful candidate will ensure the optimization of credit risk models and reporting processes, analyze risk metrics, and collaborate with senior stakeholders. Ideal for those with over 5 years in risk analytics and a strong grasp of regulatory standards. Join a team focused on innovation and excellence in financial services.

Qualifications

• 5+ years of experience in risk analytics, modelling, and management.
• Strong understanding of regulatory credit risk metrics.
• Proven project management skills.

Responsibilities

• Provide assurance on bank-wide credit risk models.
• Drive process improvements in credit risk reporting.
• Communicate insights to senior stakeholders.

Skills

Risk analytics

Communication

Quantitative Skills

Project management

Business writing skills

Tools

Microsoft Excel

Microsoft Office

Job description

Details

Location: Johannesburg, ZA

Date: 30 Sept 2025

Reference: 142171

REQ 142171 Thembi Mtshali

Location: Johannesburg

Closing Date: 10th October 2025

Job Family

Investment Banking

Quantitative

Manage Self: Professional

FAIS Affected

Job Purpose

To provide assurance on, insight into, and optimisation of, bank-wide credit risk models, reporting, impairments and credit RWA. To perform business analysis, project management, process enhancement, automation engineering and solution design and implementation of credit risk projects across Group Credit Risk.

Job Responsibilities

The role offers deep exposure to the bank’s credit RWA calculation, optimisation and reporting processes with emphasis on working with big data. Your work will be focused on the rules, systems and processes used for the bank’s regulatory credit risk reporting.

You will perform many of the functions of a product owner, identifying system improvements and collaborating with business and IT stakeholders to describe, prioritise and drive implementation of system enhancements. You will develop controls and optimise processes to ensure the accuracy, efficiency, and timeous delivery of regulatory reporting to the SARB PA and other stakeholders.

The ideal candidate will blend excellent communication, report writing, project management, data analysis, regulatory expertise and general credit knowledge with solid technical skills to enhance processes, accuracy and efficiency for the calculation of credit RWA and related credit risk reporting and analysis for the entire group.

The role offers high visibility as recommendations, enhancements and status updates are tabled at board level committees, the South African Reserve Bank (SARB) and the bank’s internal and external auditors.

The team culture emphasises development, especially of leadership and behavioural skills. Our focus is on automation and digitisation, while our function provides insight and assurance into impairments, credit RWA, concentration risk, portfolio management, risk appetite, peer group analysis, financial disclosures, and various regulatory reports, all of which are presented to executive management and the Board. This provides opportunities for development and growth, and to develop an organisation-wide reputation for excellence.

Job Responsibilities Continue

Job responsibilities include the following:

• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results, and reporting.
  Drive process improvements across the credit risk reporting landscape, including BA returns, ICAAP, Pillar III and Analyst Booklet reports.
• Provide trend analysis and assurance on portfolio movements.
• Identify opportunities for credit RWA optimisation.
• Communicate insights and results to senior stakeholders to facilitate improved accuracy, efficiency, and management of credit risk.
• Be a subject matter expert and provide input and assistance in the interpretation, implementation and optimisation of credit RWA regulations, as well as other related credit risk metrics.
• Project management of key deliverables, including co-ordinating the work and output of team members and contributors across the organisation.
• Documentation of findings, recommendations, business requirements, and project updates. Preparing written communications to various stakeholders, including executive committees, the SARB, external auditors of the bank and the Board.
• Ad-hoc tasks, reports, deep dives, and responding to SARB queries.
• Contribute to a high-performance team culture via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• 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.
  Provide assurance on credit RWA allocated across all products in the Group, including adherence to the ap

Minimum Experience Level

• 5+ years risk analytics, modelling and management.

Technical / Professional Knowledge

• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Business Acumen
• Quantitative Skills
• Coaching
• Communication
• Decision Making
• Quality Orientation
• Technical/Professional Knowledge and Skills

Dicslaimer

Dicslaimer: Preference Recruiting Team at [phone]will be given to candidates from the underrepresented groups

Please contact the Nedbank.

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Please contact the Nedbank Recruiting Team at [phone]

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For assistance please contact the Nedbank Recruiting Team at [phone]