NedBank Quantitative Analyst Graduate Program 2024

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

About Nedbank

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. Nedbank Limited is a wholly owned subsidiary of Nedbank Group. Nedbank's primary market is South Africa

NedBank Quantitative Analyst Graduate Program

Aim and Benefits of NedBank Quantitative Analyst Graduate Program

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 understanding of processes by bridging the gap between operational and analytical concepts through communication.
• 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 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).

Requirements for NedBank Quantitative Analyst Graduate Program Qualification

Essential Qualifications – NQF Level

• Undergraduate Degree

Preferred Qualification

• Business Related Degree , Postgraduate degree, Honours or Masters degree (with majors in pure mathematics, applied mathematics, statistics, engineering, econometrics, financial engineering, quantitative risk management or similar)

Interview date, Process and Venue for NedBank Quantitative Analyst Graduate Program

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 project
• 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

Application Deadline

How to Apply

For more details,visit NedBank website