Senior Quantitative Analyst

 

Recruiter:

Praesignis (Pty) Ltd

Job Ref:

JHB000458/IS

Date posted:

Friday, June 17, 2022

Location:

Johannesburg, South Africa

Salary:

Monthly


JOB SUMMARY:
Our client in the banking industry is looking for  Senior Quantitative Analyst to develop and maintain best practice models and assessment strategies in line with regulations in order to facilitate world class risk management and/or attainment of strategic objectives.

JOB DESCRIPTION:

Job Responsibilities
  • 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.
  • Manage client expectations by liaising with stakeholders through the model build process as well as the systems and strategy development process.
  • 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.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Client Culture building initiatives (e.g. staff surveys etc).
  • Research and make recommendations for corporate citizenship initiatives in area of influence
  • Participate and support corporate responsibility initiatives for the achievement of business strategy
  • Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to the client.
  • 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 product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • 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 product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
  • Ensure continuity and record keeping through formal sign-off at forums and by creating documentation.
  • 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.
  • Review reporting and ensure accuracy through analysis and providing feedback. Providing advice to key operational areas ensuring optimal resource allocation and desired results through analysis and communication.
  • Manage access and change control and ensure compliance by creating change logs and restricting/providing access.
  • Take corrective action where risk is identified in any processes; models or reporting; through analysis and formal communication.
  • Support the achievement of the business strategy; objectives and values by reviewing the client and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • 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.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
  • Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction

Essential Qualification
  • Matric / Grade 12 / National Senior Certificate
  • 3-year Degree / diploma or bachelors degree in a Quantitative field, Maths, Stats, Actuarial Science, Engineering
Minimum Experience Level
  • Minimum of 3-5 years of analytical and credit risk modelling experience within retail or business banking.
  • Must have pricing and profitability knowledge and experience.
  • SQL, SAS, Python and Excel

 

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



 

 

 

Similar jobs you might be interested in:

Actuarial Analyst
Location: Johannesburg
Salary:
Are you a numbers-driven innovator ready to turn data into strategy? This is your chance to join a fast-paced environment where actuarial insight, analytics, and innovation meet. Step into a role where your research and modelling skills directly shape new products, drive market growth, and influence strategy at an executive level.
9 days ago


Market Risk Analyst
Location: Johannesburg
Salary:
Are you ready to take your market risk expertise to the next level?
13 days ago


Market Risk Analyst (FRM)
Location: Johannesburg
Salary:
Are you ready to take your expertise to the next level? Join a forward-thinking team that doesn’t just value your knowledge of equity risk, treasury risk, hedging, and derivatives - it celebrates it. This is your opportunity to work on advanced risk models and play a pivotal role in shaping key financial decisions.
17 days ago


Market Risk Analyst (FRM)
Location: Johannesburg
Salary:
Are you ready to take your market risk expertise to the next level? This is your chance to join a forward-thinking team where your knowledge of equity risk, treasury risk, hedging, and derivatives won’t just be used – it will be celebrated. If you’ve ever wanted to work on sophisticated risk models and influence key financial decisions, then this role is for you.
18 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Head of Investments | Centurion
Location: Centurion, Gauteng
Salary: Market-Related
Head of Investments | Centurion
42 days ago


Create a free job alert for Senior Quantitative Analyst in Johannesburg

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions