The Nedbank Quants Graduate Program is designed to cultivate world-class Quantitative Analysts by providing comprehensive training and hands-on experience in risk management and quantitative analysis. This program contributes to the development and maintenance of best practice models and assessment strategies, ensuring alignment with applicable regulations and facilitating superior risk management.
About Nedbank
Nedbank Group, a prominent financial services group in South Africa, offers a wide range of services including wholesale and retail banking, insurance, asset management, and wealth management. As a wholly-owned subsidiary of Nedbank Group, Nedbank Limited primarily operates in South Africa, catering to various financial needs within the region.
Aim and Benefits of the Nedbank Quants Graduate Program
The program aims to:
- Develop expertise in quantitative analysis and risk management.
- Equip graduates with the skills to improve business processes and models.
- Foster personal and professional growth through active participation in program committees.
- Enhance practical knowledge through face-to-face business engagements and data analysis.
Key Responsibilities
Business Process Improvement:
- Identify opportunities for improving business processes, models, and systems.
- Recommend effective operational enhancements to add value to Nedbank.
Program Involvement:
- Actively participate in various program committees (e.g., marketing, recruitment, social committees).
- Enhance personal and professional development while contributing to the program’s success.
Business Engagement:
- Meet business needs through direct interaction and participation in forums and committees.
- Address business queries by extracting and analyzing relevant data.
Documentation and Compliance:
- Ensure continuity by documenting and recording processes and models.
- Monitor compliance with policies through detailed data analysis.
Communication and Knowledge Sharing:
- Bridge operational and analytical concepts through effective communication.
- Stay updated on industry trends and share knowledge with the team.
Personal Development:
- Identify training opportunities and career progression paths.
- Contribute to Nedbank’s culture by participating in transformation initiatives and staff surveys.
Requirements for NedBank Quantitative Analyst Graduate Program Qualification
Essential Qualifications – NQF Level
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
Not Specified
How to Apply
For more details,visit NedBank website
