Financial Manager : Coverage & TS

Job Description

Nedbank Recruiting

Job Purpose
  • To analyse; interpret; collate and present financial and non financial information in order to drive strategy; enable decision making and support Nedbank Business Units.
Job Responsibilities
  • Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
  • Enable business to achieve results by providing insights to enable strategic; operational and tactical decision making.
  • Meet financial objectives by coordinating activities in line with budget requirements.
  • Minimise costs by considering efficiencies and reducing unnecessary expenditure.
  • Minimise financial and reputational risk by responding to customer related issues in a client centric way.
  • Ensure research accuracy by validating results.
  • Improve productivity by planning tasks; reviewing and taking corrective action when necessary.
  • Evaluate vendor contracts by monitoring and ensuring compliance to Nedbank requirements.
  • Managing market research database by compiling and updating client; industry and competitor information.
  • Ensure compliance by adhering to internal and external regulatory requirements; governance and policies.
  • Meet internal client briefs by generating and implementing communications plans.
  • Contribute to reports by providing relevant information on market research activities.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • 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

Responsibilities + Skills

Banking knowledgeBanking proceduresBusiness AcumenBusiness principlesBusiness terms and definitionsBusiness writingCluster specific operations


Matric / Grade 12 / National Senior CertificateProfessional Qualifications/Honours Degree


2 - 3 years experience in an accounting role

Job Summary

  • Published on: Tuesday, 17th December 2019
  • Designation: Financial Manager : Coverage & TS
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Tuesday, 17th December 2019

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website:
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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