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
The purpose of the role is to build, optimize and implement innovative quantitative analytical methodologies.

Perform advanced statistical and financial models that provide analytical support and interpret insights, to address business opportunities and challenges.

Work under guidance of the pricing team to deliver according to set processes and procedures and partner with stakeholders.



We are looking for a passionate and driven analytical professional looking to join the pricing team within ABSA Business Banking.

The responsibilities of the role will include the development and optimisation of pricing models as well as quantifying the impacts of pricing initiatives on the income statement.

Must understand banking deposits and margin management. Monitoring & Documentation will also play a role within this space.

Pricing portfolio management:Drive MI and Analytics capability within Banking Solutions, Savings & Investments Pricing. Insights to drive margin uplift and competitive pricing. Management of pricing tools and systems.

Month-end pricing processes:Perform accounting-related tasks and reporting, month-end reconciliations

Financial Governance, Reporting and Control:Present monthly management reporting such as budget vs actual. Pricing policy updates and management Pricing committee support and management

Audit Support:Provide support to auditing activities

Preferred Qualifications and Technical Skills:Minimum Qualification - B Degree Maths, Stats, Engineering, Computer Science, Econometrics, Commerce, Physics or Actuarial Science Preferred Qualification - Post grad in Maths, Stats, Engineering, Computer Science, Econometrics, Commerce, Physics or Actuarial Science Experience - 3 to 5 years' experience in a similar environment. Proficient in Python, SAS, SQL, Power BI, MS office products. Must enjoy numbers Ability to communicate

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