04 May 2021

Nedbank Quantitative Analyst Graduate Programe 2021

 Description: Apply now for Nedbank Quantitative Analyst Graduate Programe 2021.

The Nedbank Quants Graduate Programme offers exceptional quantitative and capital risk management exposure through bank-wide rotation opportunities over a two-year graduate experience.

The purpose of the job is to develop world-class Quantitative Analysts through the Nedbank Quants Graduate Programme. To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world-class risk management

Job Responsibilities

  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Contribute to the Nedbank Quants Training Programme by pro-actively participating in programme committees/structures (E.g. marketing committee, recruitment committee, and social committee). This is called ‘programme involvement’. The objective of this participation is to enhance their personal and professional development whilst adding value to the Nedbank Quants Training Programme.
  • Ensure business needs are met by engaging and assisting business through face to face interaction and attendance at forums and committees
  • Assist the business to address queries by extracting and analysing data.
  • Ensure continuity and knowledge base through documenting and recording processes and models.
  • Ensure compliance to policy through data analysis and monitoring.
  • Establish an understanding of processes by bridging the gap between operational and analytical concepts through communication.
  • Improve personal capability and stay abreast of developments in the field of expertise by identifying training courses and career progression for self through input and feedback from managers as well as sharing knowledge and industry trends with the team
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

Minimum Experience Level

  • No experience required

Essential Qualifications - NQF Level

  • Advanced Diplomas/National 1st Degrees/ Undergraduate Degree

Essential Qualifications - NQF Level

  • Matric / Grade 12 / National Senior Certificate

Preferred Qualification

  • Postgraduate degree, Honours, or Master’s degree.
  • (with majors in pure mathematics, applied mathematics, statistics, engineering, econometrics, financial engineering, quantitative risk management or similar)

Type of Exposure

  • Conducting root cause analysis
  • Analysing situations or data that requires an in-depth evaluation of multiple factors
  • Developing ways to minimize risks
  • Influencing stakeholders to obtain buy-in for concepts and ideas
  • Working with a group to identify alternative solutions to a problem
  • Interacting with diverse people
  • Building and maintaining effective relationships with internal and external stakeholders
  • Interacting with various levels of management
  • Managing multiple projects
  • Working within a team
Technical / Professional Knowledge
  • Business Acumen
  • Industry trends
  • Microsoft Office
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Risk management process and frameworks
  • Business writing skills

Quantitative Skills

  • Governance, Risk, and Controls

Behavioural Competencies

  • Adaptability
  • Applied Learning
  • Earning Trust
  • Communication
  • Stress Tolerance
  • Driving for results
  • Continuous Improvement
  • Technical/Professional Knowledge and Skills
  • Decision Making
  • Managing Work
  • Quality Orientation

At Nedbank, we grow our people and our business to create the impact we want to see.

We pride ourselves on developing global business leaders with an entrenched social awareness and a vested interest in their surrounding communities while being part of a bank that seeks to use financial expertise to do good.