Senior Quantitative Analysts (Loans)

 

Recruiter:

Boikago Recruitment Agency (Pty) Ltd

Job Ref:

QUANTSLOAN2021

Date posted:

Friday, January 15, 2021

Location:

Johannesburg, South Africa

Salary:

R800 000 negotiable


SUMMARY:
Senior Quantitative Analyst (Loans)

POSITION INFO:

Senior Quantitative Analyst

Job Purpose

Development and maintenance of best practice models and assessment strategies in line with regulations to facilitate world class risk management in an Unsecured Lending Business (Personal Loans, Student Loans & Overdrafts). Be part of a dynamic business constantly pushing the boundaries in terms of analytical prowess and adoption of the latest technologies and capabilities.

Job Responsibilities

  • Contribute to the development of differentiated, superior solutions (solution engineering) that meet stakeholder and business requirements.
  • Enable the realisation of the financial business benefits accruing including minimisation of operational costs.
  • Ensure business needs are met through consistent engagement and assistance to business, provide stakeholders with appropriate insights and enable business growth through delivering analytical results, recommendations, research, analytical methods, appropriate systems, and market insights.
  • Understand internal and/or external client needs and requirements.
  • Ensure transformational targets are met and contribute to a culture of transformation by participating in culture building initiatives, business strategy, and CSI.
  • Stay abreast of developments in field of expertise, ensuring personal and professional growth.
  • Create a client service culture and develop client value propositions through analytical insight and strategy formulation.
  • Encourage team to generate innovative ideas and share knowledge.
  • Manage performance of staff by implementing performance agreements and ensuring a clear vision. Mentor and coach staff on identified performance gaps.
  • Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
  • Maintain a high performing team and ensure an environment for optimal performance is created, by identifying talent pool through career conversations, using the talent grid principles, and developing talent retention programmes.
  • Evaluate team performance in accordance to key indicators and design Development Plans of the team guided by the Quants Analyst Framework.
  • Implement machine learning models and techniques within a operational environment
  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to the company.
  • Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis; business requirements gathering and designs validation.
  • 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. 
  • Ensure accuracy and feasibility through impact analysis for newly developed products.
  • Build and formally present reports by monitoring business performance within the set risk appetite and through analysis.
  • Increase efficiencies through programming and automating processes.

 

Minimum Experience Level

  • 3- 5 years’ relevant Analytical experience in the Financial industry
  • Analytic experience within an Operational (Collections, Onboarding, Payments etc.) environment essential
  • Exposure to SQL, Netezza, SAS, Python and other coding languages would be advantageous

 

Qualifications

  • Post graduate degree in Engineering, Statistics, Mathematics, Accounting or similar Science/Commerce degrees
  • CFA, FRM, CQF advantageous

 

Type of Exposure

  • Analysing situations or data that requires an in depth evaluation of multiple factors
  • Developing ways to minimize risks
  • Managing conflict situations Influencing stakeholders to obtain buy-in for concepts and ideas
  • Sharing information in different ways to increase stakeholders understanding
  • Comparing two or more sets of information 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
  • Analysing and interpreting quantitative and qualitative data

 

Technical / Professional Knowledge

  • Industry trends
  • Microsoft Office
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Risk management process and frameworks
  • Business writing skills
  • Microsoft Excel
  • Business Acumen
  • Quantitative Skills

 



 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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