Website Nedbank
Nedbank is a major South African financial services group providing retail and wholesale banking, insurance, asset management, and wealth management.
About Nedbank
Nedbank is a major South African financial services group providing retail and wholesale banking, insurance, asset management, and wealth management. As of 2026, it is one of the largest banking groups in Africa, operating extensively across the Southern African Development.
Job Purpose
To use advanced data analytics techniques to generate reports that provide value-adding insights for business, strategic and operational risk decision making across the Group to achieve its strategic objectives and gain a competitive advantage.
Job Responsibilities
Risk Analysis:
- Lead the data discovery processes; and collaborate with key stakeholders to consolidate data from different sources.
- Ensure compliance with information technology and data risk management procedures when managing, analysing, and transferring data.
- Use relevant analytics software and techniques to analyse data related to market trends, economic indicators, and regulatory changes to identify potential operational risks.
- Evaluate potential operational risks from data trend analysis and propose mitigation strategies.
- Analyse and model potential operational risk scenarios to assess their impact on the Group’s risk profile.
- Build and maintain risk models to support decision making and risk quantification.
- Review enterprise and cluster plans and ensure the delivered process, services and solutions are aligned to support the achievement of the business strategy, objectives and values.
- Drive initiatives to enhance risk management processes, systems, and methodologies based on data driven trends and industry best practices.
Job Responsibilities Continue
Operational Risk Reporting:
- Create multifaceted reports in accordance with internal Group policies/ frameworks; and external reporting requirements, including insights which span operational sub-risk types.
- Provide actionable insights and recommendations based on risk analysis to enhance operational risk management strategies.
- Present reports developed at ad hoc governance committees and regulatory meetings.
- Ensure submission of operational risk-related reports to regulatory bodies, in compliance with applicable laws and regulations
Stakeholder Engagement:
- Build and maintain collaborative relationships with key stakeholders.
- Foster communication and collaboration with the internal team to ensure a comprehensive understanding of risk concerns and priorities.
- Incorporate feedback from stakeholders into reports to enhance the accuracy and relevance of risk analysis.
Essential Qualifications – NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
- BCom Computer Science/ Data Science/ Risk Management or related qualifications
Preferred Certifications
- Financial Risk Manager (FRM), Chartered Financial Analyst (CFA), Certified Risk Management Practitioner (CRMPrac),
Minimum Experience Level
- 3 – 6 years
- Business analysis and risk management
Technical / Professional Knowledge
- Data processing and management systems like SAS
- Governance, Risk and Controls
- Research methodology
- Data analytics and management
- Financial and risk regulations including BASEL standards
Behavioural Competencies
- Decision Making
- Influencing
- Managing Work
- Monitoring Information
- Quality Orientation
- Innovation: A visionary who shapes the future and who pioneers new solutions.
To apply for this job please visit jobs.nedbank.co.za.