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Finance Modelling / Data Scientist

Absa Bank Limited | Johannesburg, Gauteng | ZA

Welcome to the Latest Job Vacancies Site 2025 and at this time we would like to inform you of the Latest Job Vacancies from the Absa Bank Limited with the position of Finance Modelling / Data Scientist - Absa Bank Limited which was opened this.

If this job matches your qualifications, please send your application directly through our latest Job site. Indeed, every job is not easy to apply because it must meet several qualifications and requirements that we must meet in accordance with the standard criteria of the Company who are looking for potential candidates to work. Good job information Finance Modelling / Data Scientist - Absa Bank Limited below matches your qualifications.

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Empowering Africas 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 focus of the role includes advanced analytics on the Everyday Banking Customer base, including Segmentation and Clustering of customers and customer behavior. This includes the prediction of customer related KVDs such as primacy, customer numbers, customer retention and other behavioral metrics. Job Description Analysis (including Business Case)
  • Proactively build relationships, apply analytical techniques to elicit and validate business (product & service) needs ahead of demand
  • Implement routines to get to know / become an expert in various business processes (e.g. spend time in business & with users)
  • Translate elicited needs and knowledge acquired into user story format that is immediately usable for DevOps teams (right languaging, format for building & testing)
  • Prepare and prioritise the backlog of requirements for the user stories linked to the proposed solutions
  • Define measures of success & key outcomes for various solutions / changes including detailed acceptance criteria for all features
  • Support the development of detailed business cases (including defining solution characteristics, effort estimations etc.)
Model Building (Data Science)
  • Apply relevant research methodologies, tools and techniques to effectively and purposefully gather information.
  • Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards.
  • Provide specialist advice and support in area of accountability to ensure that identified solutions and recommendations are appropriate and effective.
  • Develop and retain models on customer behavior, retention and segmentation
  • Build algorithms and design experiments to merge, manage, interrogate and extract data to supply tailored reports to colleagues, customers or the wider organization
  • Use machine learning tools and statistical techniques to produce solutions to problems
  • Assess the effectiveness of data sources and data-gathering techniques and improve data collection methods
  • Conduct research from which youll develop prototypes and proof of concepts
  • Look for opportunities to use insights/datasets/code/models across other functions in the organisation
  • Stay curious and enthstic about using algorithms to solve problems and enthuse others to see the benefit of your work.
  • Development of standardised modelling of behaviour/retention/value in customers
  • Maintenance of dictionaries: codes, dimensions, setting up tables etc
  • Run and compare models on a regular basis
  • Run Cluster specific scenarios to cover specific local issues
  • Business process maintenance (segmentation, primacy etc)
  • Produce appropriate documentation and training material to enable handover to a BAU team.
  • KVD Predictions
  • Using and deriving value from implemented models
People
    • Provide coaching & mentoring across the team as well as to developing analysts across the estate
    • Conduct peer reviews & problem solving within and across the broader team
The following degrees and/or subjects may be particularly useful:
  • data science
  • industrial engineering
  • mathematics
  • statistics
  • actuarial science
  • business mathematics and informatics
Education Bachelors Degree: Information Technology 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

Information :

  • Company : Absa Bank Limited
  • Position : Finance Modelling / Data Scientist
  • Location : Johannesburg, Gauteng
  • Country : ZA

How to Submit an Application:

After reading and knowing the criteria and minimum requirements for qualifications that have been explained from the Finance Modelling / Data Scientist job info - Absa Bank Limited Johannesburg, Gauteng above, thus jobseekers who feel they have not met the requirements including education, age, etc. and really feel interested in the latest job vacancies Finance Modelling / Data Scientist job info - Absa Bank Limited Johannesburg, Gauteng in 2025-03-20 above, should as soon as possible complete and compile a job application file such as a job application letter, CV or curriculum vitae, FC diploma and transcripts and other supplements as described above, in order to register and take part in the admission selection for new employees in the company referred to, sent via the Next Page link below.

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Post Date : 2025-03-20 | Expired Date : 2025-04-19

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