Senior: Market Risk Quantitative Analyst

Job Description

Job PurposeTo develop and maintain best practice models and assessment strategies in line with regulations to facilitate world class risk management and/or attainment of strategic objectives.Job ResponsibilitiesContribute to the development of differentiated, superior solutions (solution engineering) that meet stakeholder & business requirements through analysis, business requirements gathering and designs validation.Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.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.Increase efficiencies through programming and automating processes.Enhance business efficiencies and ensure compliance through formal communications and interacting with external bodies.Challenge model builds from around the cluster through peer review participation and ensuring best practice.Ensure data accuracy through data and front-end analysis, pre and post testing of system/strategy changes.Ensure business process consistency through formal communication, updating and maintaining policies.

Responsibilities + Skills

Conducting root cause analysisAnalysing situations or data that requires an in-depth evaluation of multiple factorsDeveloping ways to minimize risks

Education

MSc/PhD Engineering/Physics/Applied Mathematics/Statistics/MathematicsPost graduate degree CFA/ FRM/CQF

Experience

Influencing stakeholders to obtain buy-in for concepts and ideasSharing information in different ways to increase stakeholders understandingComparing two or more sets of information Strong independent worker capable of applying analytical methods to identify alternative solutions to complex problems

Job Summary

  • Published on: Saturday, 8th February 2020
  • Designation: Senior: Market Risk Quantitative Analyst
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Saturday, 8th February 2020

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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