Quantitative Business Analysis Team Lead (XVA and Limits)
FNB
Job DescriptionRMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
The purpose of the role is as follows:
To collaborate with cross-functional teams to collectively decipher requirements and apply a deep knowledge of quantitative methodologies in the context of the core businesses. i.e. Trading, BRM, Risk, Credit.
To lead the analysis, investigation, collaboration, implementation, optimisation, and maintenance of business solutions.
To be a hands-on leader for the Quantitative Business Analysts that includes line management and delivery oversight.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
The purpose of the role is as follows:
To collaborate with cross-functional teams to collectively decipher requirements and apply a deep knowledge of quantitative methodologies in the context of the core businesses. i.e. Trading, BRM, Risk, Credit.
To lead the analysis, investigation, collaboration, implementation, optimisation, and maintenance of business solutions.
To be a hands-on leader for the Quantitative Business Analysts that includes line management and delivery oversight.
Are you someone who can:
Integrate specialist understanding of Investment banking, technology, business processes, and data analysis to provide an optimal solution that satisfies stakeholder needs and requirements, expanding the delivery footprint of the capability.Engage with internal business (viz. Trading, Risk Managers, XVA specialists, Quantitative specialists) and technical stakeholders to understand requirements and ensure objectives, priorities and key requirements are agreed.Ensure adequate and timely responsiveness and resolution on production incidents and feedback on queries relating to risk, pricing and technical queries linked to Workflows, Integration and Reporting.Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.Provide input into the design and implementation of scalable, fit for purpose and resilient platform solutions.Liaise with external contracted suppliers (e.g., CompatibL) to implement new solutions required by business and technology users according to an agreed roadmap.Build and manage an effective, skilled team with appropriate succession planning.Manage performance of employees by clearly defining goals and objectives and providing direction, coaching and regular feedbackDrive team optimisation and synergies by organising the team with client and output aligned goals through Quarterly Business Reviews and agile ceremonies and practices.Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.Build effective relationships that allow for the managing of expectations, the sharing of knowledge and diverse insights, the creation of buy-in and aligned delivery focus.Initiate stakeholder engagements to track progress, manage expectations and ensure stakeholders' requirements are delivered.Research, enable and consult on improvements and opportunities to harness technology and platform enablement.Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimise redundancy.You will be an ideal candidate if you have the following:
Qualifications
Minimum qualification: post-graduate qualification in Mathematical Finance, Statistics, or another quantitative disciplineExperience and Skills
3 to 5 years’ experience in a similar environment, of which 1 to 2 years ideally at junior (entry level) management levelExperience in experience in implementing and supporting Financial Markets systems and related interfaces.Experience in designing, testing, and configuring quantitative systems.Experience and knowledge of Market and credit risk and XVAs (incl. CVA, SA-CCR, KVA, SA-CVA, MVA, etc)Working knowledge of SQL and ability to analyse data.Multi asset class, and trade life cycle knowledgeBusiness process modelling and design capabilities.Understanding of data models and ability to validate data flows between and within systems#Post
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Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
20/05/25All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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