Job Description

Job PurposeAs a Finance Manager Treasury, CIB you are required to analyse; interpret; collate and present financial and non-financial information in order to drive strategy; enable decision making and support the Business Unit.Job ResponsibilitiesContribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.)Participate and support corporate social responsibility initiatives for the achievement of key business strategies.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.Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiativesMinimise 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.Ensure compliance by adhering to internal and external regulatory requirements; governance and policies.Meet internal client briefs by generating and implementing communications plans.Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.

Responsibilities + Skills

Education

Banking proceduresBusiness principlesBusiness writingCluster specific operationsGovernance, Risk and ControlsPrinciples of financial managementRelevant regulatory knowledgeRelevant software and systems knowledge

Experience

Minimum Experience Level2 - 3 years post articles experience

Job Summary

  • Published on: Monday, 3rd June 2024
  • Designation: Financial Manager
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Monday, 3rd June 2024
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About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • 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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