Principal: Portfolio Management & Analytics

Nedbank • Other • Johannesburg, Gauteng, South Africa • 21h ago

Job Purpose

Bridge Coverage with Product in planning the overall consumption of CIB’s financial resources with the underlying objective of optimizing sustainable revenue streams and creating resilience in earnings.

Job Responsibilities

Manage Financial & Business Performance

Formulation of an overarching risk appetite statement for CIB together with Credit
Strategic / target portfolio positioning
Capital and liquidity optimisation by working closely with Balance Sheet Management & Treasury in strategizing against the Bank’s need to manage TLAC, CET1, Leverage, NSFR and LCR ratios in developing tools and funding strategies to optimally manage both the assets and associated liabilities.
Bridge and link Client/Franchise strategy/plan with that of Product, aligned with the above
Macroeconomic forecasting, scenario planning & impact assessment
Interpret data against portfolio principles & guide both risk – in & risk mitigation
Formulate portfolio strategies on beta protection & enhancement and alpha generation.
Strategic primary & secondary structuring guidance against the target portfolio and overall optimisation
Manage planning and stress testing for all CIB Banking books

Manage Stakeholder Relationships

Build strong relationships with internal stakeholders by networking, fostering collaboration, regular communication and complying with governance and controls
Build and maintain external stakeholder/client relationships by networking/conferencing, maintaining regular contact, ongoing communication, site visits and pitching ideas

Manage Internal Processes

Internal Portfolio Management activity split to 70% on Strategy & Planning and 30% on Portfolio Control Management, evolving over the next 3 years
Ensure regulatory compliance by sanctions checking and adherence to regulations, policies and procedures (FICA, etc.) and positioning against other regulatory changes such as Basel IV
Collaborate with all Risk functions, Balance Sheet Management, Treasury, Finance, Coverage and Product approval process by providing a portfolio assessment of the credit risk and associated impact to ROE, RoRWA, EP, NRA (analysis of associated returns).
Ongoing positioning of the target portfolio against the changing dynamics of the portfolio and macro environment.
Ensure compliance with Nedbank internal risk policies and mandates
Improve performance of the team by providing on the job training, knowledge sharing and identifying suitable formal and informal training for more junior staff
Involvement in non-deal specific projects by providing expert advice & training, testing & implementation

Job Responsibilities Continue

Manage Self

Support the achievement of the business strategy, objectives and values by contributing to and reviewing both Nedbank CIB and business unit plans and ensuring delivery systems, processes, service 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
Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Improve Processes and Culture

Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank 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 (e.g. Green Strategy)
Seek opportunities to improve business processes, models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Preferred Qualification

CFA, CAIA, FRM, Postgraduate Degree in commerce and/or business sciences

Minimum Experience Level

Minimum of 8 – 12 years’ experience in debt financing, portfolio management and/or strategy consulting (preferably investment bank or investment industry asset allocation & strategy).