Head Credit Optimisation

Johannesburg, South AfricaFull-timeExecutiveOn-sitePosted 30 Sept 2026

Job Overview

Nedbank Group Risk seeks a Head of Credit Optimisation (Manage Managers pipeline; Quantitative career stream) to assure, challenge and optimise bank-wide non-regulatory models, credit RWA, SA-CCR, risk data and regulatory reporting. The mandate spans automation, controls, RDARR compliance, data quality and strategic change across the credit risk measurement and reporting landscape.

You will influence senior stakeholders across Group Risk, Finance, Technology, Regulatory Reporting, Internal Audit, model development and business units—bringing deep regulatory insight to capital frameworks, portfolio trends and emerging issues that support effective decision-making.

Key Responsibilities

Provide assurance on credit RWA allocation across all Group products—adherence to regulations, trend analysis and attribution—and identify RWA optimisation opportunities. Oversee and challenge regulatory capital frameworks including Basel III reforms, SA-CCR, large exposures and other prudential requirements; interpret reforms and assess impact on credit risk parameters, processes, results and reporting.

Validate material non-regulatory models (acquisition, pricing, AML, operational risk, fraud, climate risk, economic forecasts) and participate in expert groups and technical forums for model risk assurance. Lead credit risk reporting and data management—BA returns, ICAAP, CSST, Pillar 3, Analyst Booklet, RDARR, risk data aggregation, data governance, data quality and regulatory reporting controls. Drive system enhancements, business requirements, testing and production readiness; automation and efficiency initiatives; reconciliations and control frameworks; and change programmes with roadmap tracking, issue management and benefits realisation. Communicate insights to committees/forums and coach/mentor within a high-performance team culture.

Required Qualifications

Honours degree in mathematics, statistics or engineering with relevant experience essential; postgraduate quantitative qualification preferred. Minimum 7+ years in credit RWA calculation/analysis, capital management, regulatory reporting, Basel II/III/IV, SA-CCR, risk data management, credit risk systems, change delivery and senior stakeholder management. Advanced knowledge of RDARR principles, data lineage/quality, business analysis/system implementation, project delivery governance, process automation and executive committee presentation skills expected.

Skills & Requirements

Credit RWA calculation and optimisationBasel II/III/IV capital frameworksSA-CCR and prudential requirementsRDARR / risk data aggregationRegulatory reporting (BA returns, ICAAP, Pillar 3)Non-regulatory model validationCapital management and attributionRisk data governance and data qualityCredit risk systems and automationChange and project deliveryQuantitative analysis and problem-solvingExecutive stakeholder and committee engagementCoaching and mentoring