Senior Financial Manager- Impairments

Requisition Details & Talent Acquisition Contact

Requisition nr: 144640
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road Sandown
Closing date: 21 April 2026

Cluster

Personal and Private Banking

Career Stream

Leadership Pipeline

Position

Senior Financial Manager- Impairments

Why join our team!

This is a senior financial management role that uniquely blends the rigour of financial reporting with the analytical depth normally found in quantitative environments. It offers full ownership of PPBs IFRS 9 ECL impairment process giving candidates the opportunity to influence financial outcomes shape insights presented to leadership and operate at the intersection of Finance Risk and Modelling. For finance professionals this is a chance to elevate your technical toolkitapplying advanced Excel modelling working with large financial dataset and working close to the Credit Lab. For candidates with a quantitative background this role offers a meaningful shift into Finance without losing the analytical complexity you enjoy: you will still solve datadriven problems test assumptions challenge models and turn quantitative insights into financial decisions that shape the business.

Beyond its technical depth this role is ideal for someone who is proactive selfdriven and thrives in a dynamic financial environment where accountability is high and the pace is fast. The hiring manager emphasised the need for an individual who can independently manage heavy workloads deliver under pressure and collaborate effectively with stakeholders across Finance Credit Risk Modelling and Business teams. Its a perfect fit for financial analysts senior finance professionals and analytically strong quants who enjoy using numbers to tell a story influence decisions and operate in a role where financial leadership and quantitative insight come together. If youre looking for a career path that deepens your financial expertise while leveraging your modelling data analysis and problemsolving strengths this role offers the best of both worlds.

Job Purpose

To lead PPBs endtoend impairment reporting process with strong technical financial expertise and a high level of quantitative analytical capability. The Senior Financial Manager will work extensively with large datasets build and interrogate models and provide datadriven insights that support impairment decisions IFRS 9 processes and strategic reporting.

Job Responsibilities

Advanced Quantitative & Financial Analysis

• Perform complex quantitative analysis to identify impairment trends scenario impacts and model sensitivities.
• Conduct statistical and data driven investigations into ECL movements staging changes and portfolio risk dynamics.
• Use quantitative techniques to validate challenge and enhance ECL models and PMAs (post model adjustments).
• Develop and refine advanced Excel based models to support impairment calculations and forecasts.

Impairment Reporting & IFRS 9 Execution

• Lead monthly/quarterly impairment reporting with full ownership of data insights and governance.
• Apply IFRS 9 standards to staging expected credit loss calculations and scenario modelling.
• Work with modelling teams to ensure proper methodology implementation and alignment.

Data Management & Modelling

• Extract manipulate and analyse large complex datasets from finance/risk systems.
• Build maintain and enhance quantitative models to support scenario analysis forecasting and stress testing.
• Perform reconciliations data validations and integrity checks to ensure ECL accuracy.

Governance & Controls

• Maintain strong controls across impairment processes ensuring audit readiness.
• Produce documentation rationale and evidence for model behaviour assumptions and overlays.
• Drive continuous improvement automation and efficiency within impairment workflows.

Stakeholder Engagement

• Collaborate deeply with Modelling Credit Risk Finance Reporting and Business segments.
• Present quantitative insights in a clear business-friendly manner to senior leadership.
• Mentor junior resources on analysis modelling and IFRS 9 topics.

Essential Qualifications - NQF Level

Preferred Qualification

• Chartered Accountant
• BCom Honours in Finance Accounting Risk or Economics
• BSc / Honours in: Applied Mathematics Statistics Actuarial Science Data Science Quantitative Finance or similar
• Postgraduate Diploma in Financial Modelling or Risk Management

Minimum Experience Level

Essential

• 3 years in Financial Management Credit Risk Finance or IFRS 9 Impairments.
• Strong experience in Excel-heavy environments (modelling scenario analysis large datasets).
• Proven ability to operate in high-pressure high-volume reporting environments.
• Experience with IFRS 9 impairments ECL reporting and analytics.
• Strong quantitative analysis capability.
• Banking or financial services experience is essential.

Beneficial

• Exposure to risk modelling teams or impairment model governance.

Technical / Professional Knowledge

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at