The application for the Nedbank Quantitative Analyst (Quants) Graduate Internship (2024 Entry) is now open for interested applicants by Nedbank in South Africa.
Nedbank offers an internship opportunity to unemployed graduates to apply in fields that are in line with the corporation’s core business. The Corporation is therefore inviting applications for the Nedbank Quantitative Analyst (Quants) Graduate Internship Programme that runs for a maximum period of 12 months in the following disciplines or fields of study.
The Nedbank Quantitative Analyst (Quants) Graduate Internship Programme uses a fully integrated approach that combines theory with practical training and leads to a recognised qualification or certification. Nedbank Internship provides an internship opportunity in the following areas listed below:
- Quantitative Analyst
This internship opportunity is situated at the following locations in South Africa:
- Johannesburg
Update: How to Apply for the NCIB Graduate Internship Programme
NEDBANK QUANTS GRADUATE INTERNSHIP ROLES, APPLICATION ELIGIBILITY AND REQUIREMENTS
Job Purpose
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
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 and 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 while 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 in addressing queries by extracting and analysing data.
- Ensure continuity and a knowledge base through documenting and recording processes and models.
- Ensure compliance with 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 yourself 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.).
Minimum Experience Level
- No experience required
Essential Qualifications: NQF Level
- Advanced Diplomas, National 1st Degrees, and Undergraduate Degrees
Essential Qualifications: NQF Level
- Matric, Grade 12 or National Senior Certificate
Preferred Qualification
- Postgraduate degree, honours degree, or master’s degree.
- (with majors in pure mathematics, applied mathematics, statistics, engineering, econometrics, financial engineering, quantitative risk management or similar)
Type of Exposure
- Conducting root-cause analysis
- Analysing situations or data that require an in-depth evaluation of multiple factors
- Developing ways to minimise 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 or 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
Behavioural Competencies
- Adaptability
- Applied Learning
- Earning Trust
- Communication
- Stress Tolerance
- Driving for results
- Continuous Improvement
- Technical and professional knowledge and skills
- Decision Making
- Managing Work
- Quality Orientation
NEDBANK QUANTS GRADUATE INTERNSHIP APPLICATION INSTRUCTIONS
- If you are interested in the above-mentioned 12-month internship, please complete the online application form and attach your CV as well as other documents.
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