Senior Quantitative Analyst

Job Requisition Details
Requisition number: 144519
Closing Date: 26 March 2026
Talent Acquisition: Precious Motlhako
Cluster and Location: Personal and Private Banking
Johannesburg, Sandton
Hybrid
Career Stream: Quantitative
Leadership Pipeline: Manage Self: Professional

Job Purpose
To improve and sustain the models utilized for calculating Credit RWA and IFRS9 impairments within the Retail portfolios. The successful candidate will be part of a team dedicated to focusing on credit risk.

Job Responsibilities

• Provide management information, analysis, and reporting on monthly capital and impairment outcomes.
• Update EAD, PD, and LGD models for Basel and IFRS9 objectives.
• Conduct analytics related to IFRS9 impairments.
• Perform analytics concerning Credit Capital (including RWA and ECAP), such as RWA attribution development, ECAP versus RWA analysis, and ECAP optimization.
• Keep informed about advancements in the area of expertise to ensure personal and professional development.
• Comprehend and embody the Nedbank vision and values, setting a positive example.
• Deliver services that meet internal client expectations.
• Cultivate relationships with both internal and external stakeholders.
• Share knowledge and insights with team members.

Essential Qualifications - NQF Level

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

Preferred Qualification

• A 3-year qualification in a Mathematics-related BSc, Engineering, CFA, FRM, or CQF

Minimum Experience Level

• A minimum of 5 years of pertinent experience in an analytical environment
• Experience in model development related to capital and/or impairments is preferred

Technical / Professional Knowledge

• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems proficiency
• Risk management processes and frameworks
• Business writing skills
• Microsoft Excel
• Business acumen
• Quantitative skills

Behavioural Competencies

• Applied Learning
• Coaching
• Communication
• Collaboration
• Decision Making
• Continuous Improvement
• Quality Orientation
• Technical/Professional Knowledge and Skills

Please reach out to the Nedbank Recruiting Team at +27 860 555 566.