Data Scientist I at FNB South Africa

Job Description

• To build, optimise and implement innovative quantitative analytical methodologies, procedures, and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy, under guidance against predicted results and deliver according to set processes and procedures.

Hello Future Data Scientist I

• Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
• The FNB CRO Interactions and Risk Analytics business unit is responsible for leveraging data and analytics to enhance risk management practices. It focuses on developing data-driven insights to identify, assess, and mitigate risks across the organization. The unit also ensures compliance with data governance standards, supports the implementation of risk policies, and collaborates with other business units to integrate analytics into risk management processes. Overall, it plays a key role in fostering a data-driven culture within the risk management framework at FNB.

Are you someone who can:

• Ensure compliance is adopted in terms of systems and procedures as laid out by business.
• Source and do some preparation (20-30%) of relevant data sources for analysis.
• Translate business requirements into tangible models utilizing own understanding of the business value of projects, models and processes.
• Develop and apply analytical algorithms and methods to build, test and implement robust mathematical models and analytical solutions that address business problem, opportunities and improve business outcomes i.e., reduced risk and costs, increased profitability, optimized efficiency and to facilitate strategic decision-making.
• Build models that analyze processes to recommend areas for optimization to achieve cost savings, revenue generation or efficiency improvements for the business.
• Document and audit relevant processes.
• Document and implement models to address specific business requirements.
• Conduct appropriate manipulation and analysis of data to pro-actively identify and meet needs of the business for the purpose of future work and to ensure high information-quality and reliability across the business.
• Deliver within broad parameters.
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in.
• Engage in cross-functional relationships to obtain and to provide work support.
• Identify, control and escalate potential risks which may lead to increased costs.
• Manage costs or expenses within approved budget to achieve cost efficiencies.
• Deliver against operational and cost targets.
• Prioritise resource allocation to minimise and reduce wastage.
• Develop, encourage and nurture collaborative relationships across the FRG.
• Assess own performance through seeking timely, and clear feedback and request training where appropriate.

You will be an ideal candidate if you: 

Minimum Qualification: 

• B Degree Mathematics, Statistics, Computer Science, Actuarial Science, Econometrics a related field (honours preferable), Engineering or Pysics

Experience: 

• 1 to 3 years' experience in coding
• SAS, SQL and Python coding skills and experience will be highly advantageous
• Experience with automation would be advantageous 
• Desirable experience:  data manipulation, data mining, modelling and building analytical solutions using machine learning techniques.

You will have access to: 

• Opportunities to network and collaborate.
• Challenging work environment.
• Opportunities to innovate.

We can be a match if you are:  

• A self-starter
• Agile
• Analytical
• Team Player
• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough.
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.

End Date: August 16, 2025