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 play a key role around support and pricing function initiatives. Individual will assist with developing the pricing application for loan pricing from a quantitative perspective, will help to put together technical specifications for loan instruments for pricing application. Ensure the deals priced are in line with the overall risk adjusted return objectives of the business. Assist with the development and continual build out of pricing application including quantitative advise and support of instruments.
This role will provide advice & support in the development & implementation of pricing activities; enabling the provision of new products and investment portfolio pricing structures. Support across loan pricing products. Help with the management of pricing inputs in to determining pricing levels. Data BI to support decision making in the business areas supporting using data for pricing insights. Support the development of models and support internal model governance Support the facilitation of the optimization of value-aligned performance measures (risk adjusted return measures e.g. Return on Risk Weighted Assets, Return on Economic Capital based on the plans for the clusters) Analyze the impact of upcoming regulation that has the potential to impact the availability of financial resources from a loan pricing perspective.

EducationMinimum qualification - Quantitative or finance degrees e.g. Applied Mathematics, Actuarial Science, Econometrics. Preferred qualification - Honors, Masters, CFA/FRM/CA(SA) or studying towards these qualifications.

Preferred Experience2 /3 years of experience in quantitative, financial modelling, quantitative regulatory and/or financial analysis 3 years financial services exposure Must have experience engaging with senior Stakeholders Must have 3/4 years pricing experience

Knowledge and SkillsAbility to build sound relationships with stakeholders Priorities the output of the team/self, ensuring delivery within deadlines. Ability to work well under pressure. Ability to absorb large volumes of information and identify the critical parts. Understanding complexity and cross-functional work. Very strong analytical and quantitative ability. Identifies and builds on financial resource efficiency opportunities. Have a good understanding and is up to date with relevant market and economic activity Strong financial modelling abilities and data analytics. Knowledge of banking products and related financial issues. Review and challenge existing / developing financial / statistical models. Ability to promote team spirit and culture.

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