Job Description

Empowering Africa's tomorrow, together...one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary At Absa, we're reimagining the future of PPB Lending through data-driven insights and smarter lending decisions. We're seeking a talented and analytical Credit Risk Strategy Analyst to join our Personal & Private Banking (Personal Lending Strategy) team -- where strategy, data, and innovation converge.
We're looking for a passionate professional to elevate our credit risk capabilities for Growth Business clients. In this role, you'll play a pivotal part in shaping the credit lifecycle, delivering insightful, high-quality risk assessments that enable responsible growth. You'll thrive in a dynamic environment, balancing innovation with compliance, and helping unlock opportunities through sound risk practices aligned with internal policies and external regulations.

About the Role:
In this role, you'll support the Portfolio in developing, refining, and implementing underwriting, pricing, and profitability strategies for both new and existing customers. You'll use data and analytics to drive smarter credit decisions, ensuring that lending remains both responsible and profitable.
You'll also track performance, produce insightful management reports, and identify emerging trends to help shape strategic business decisions across unsecured lending products.
What You'll Do:
Develop and implement data-driven underwriting, pricing, and profitability strategies.
Monitor key credit risk indicators such as Loan Loss Rate (LLR), Return on Regulatory Capital (RoRC), and default trends.
Review and refine credit policy and business rules to align with risk appetite.
Collaborate with teams across Credit Risk Modelling, Portfolio Analytics, and Business to ensure strategy alignment.
Produce high-quality management information (MI) reports and ad-hoc analysis to inform business strategy.
Support the resolution of escalated customer complaints and reassess declined applications where necessary.
What You'll Bring:
Degree (NQF 7) in Business, Statistics, Actuarial Science, Mathematics, Risk Management, or a related field.
3+ years' experience in data analysis or credit risk within financial services.
Solid proficiency in SAS or SQL programming (SAS Viya advantageous).
Strong analytical, problem-solving, and data interpretation skills.
Understanding of credit acquisition, pricing strategies, and credit risk modelling.
Excellent communication and stakeholder engagement skills.
Why Join Absa?
Here, your analytical insights will shape smarter lending strategies, support inclusive growth, and strengthen our approach to responsible credit. You'll be part of a collaborative, future-focused team that values innovation, impact, and continuous learning.
Location: Absa Towers West, Johannesburg (Hybrid)
Grade: AVP | Employment Type: Permanent | Hours: 38.75 per week
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Skills Required