Senior Quantitative Analyst

Johannesburg, Gauteng, South Africa

Job Description


Minimum requirements:

  • 3-5 years relevant of professional experience in an analytical and technical environment, with a focus on innovation and applying data-driven approaches to solve complex problems.
  • Advanced Diplomas/National 1st Degrees
  • Professional Qualifications/Honours Degree
  • Post graduate degree in mathematics/statistics/actuarial science/engineering/data science or a related quantitative discipline.
  • Master's degree is preferred
Technical / professional knowledge:
  • Business Acumen
  • Microsoft Office
  • Risk management process and frameworks
  • Strong analytical skills: Demonstrated ability to analyse large datasets, identify patterns, and draw meaningful conclusions. Experience with statistical analysis, data mining, and machine learning techniques is essential.
  • Problem-solving mindset: Proven track record of identifying innovative solutions to business challenges using data-driven approaches. Ability to think critically, creatively, and outside the box.
  • Relevant software and systems knowledge:
  • Programming languages: Proficiency in one or more programming languages commonly used in data science and quantitative analytics.
  • Data analysis and visualisation: Experience with data analysis libraries and frameworks. Familiarity with data visualisation tools like Power BI is a plus.
  • Machine learning: Strong understanding of machine learning algorithms and their applications.
  • Extensive understanding in data pipelines with adequate knowledge of data and development/deployment systems and architecture?
  • Automation techniques: Experience in using advanced techniques and tools to automate processes.
  • Model Governance: Knowledge of model governance principles, the regulatory landscape and modelling best practices, ensuring quality, integrity, and compliance throughout the model life-cycle.
  • (Bonus) Credit process knowledge: Familiarity with credit assessment and evaluation processes in a business context.
  • Understanding of credit risk modelling, credit scoring, and credit underwriting practices.
  • Communication skills: Excellent verbal and written communication skills to effectively present findings and insights to both technical and non-technical stakeholders.
  • Ability to explain complex concepts in a clear and concise manner (business writing skills).
  • Collaboration skills: Ability to work collaboratively with cross-functional teams, such as credit analysts, business stakeholders, and IT professionals, to gather requirements and implement automated solutions effectively.
Responsibilities:
  • Design and develop superior innovative quantitative solutions to service stakeholder and business requirements across the group encompassing AI/ML initiatives across clusters, Credit Risk, Financial Crime, People Risk (HR analytics), Compliance and Conduct Risk analytics, supporting Group Internal Audit (GIA) through analysis
  • Drive multiple group wide strategic initiatives relating to AI and ML.
  • Model and methodology advisory and support for all clusters (solution generator, unlock business and client value).
  • Challenge model builds through expert group and model technical forum participation, contribute to the development of differentiated, superior solutions and ensuring best practice.
  • Seek opportunities to improve business processes, models and systems by identifying and recommending effective ways to operate and adding value to the company.
  • Build relationships with stakeholders by networking through targeted and informal interactions and consistent delivery of quality output to build trust.
  • Enhance applicable group frameworks and policies and participated in annual review processes.
  • Increase efficiencies through programming and automating processes.
  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Report to, monitor and advise operational areas to manage trends through analysis for ad-hoc requirements.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities through formal and informal learning activities and practical experience.
  • Enable upskilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interactions.
  • 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.
  • Contribute to a culture conducive to the achievement of transformational goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

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Job Detail

  • Job Id
    JD1268450
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned