Senior Manager - Pricing at Absa Group Limited (Absa)

Job Summary

• The Senior Pricing Specialist plays a pivotal role in advancing Business Banking’s pricing capability through the design, oversight, and governance of strategic pricing frameworks.
• This role is responsible for maintaining integrated client-level pricing views, and developing trade-off models to optimise client and bank value.
• Working closely with product, coverage, and segment teams, ensuring that pricing strategies support business objectives, client solutions, and campaign execution.

Job Description

• Specialist: Quantitative Analyst

Job Description

• Develop pricing frameworks and trade-off models that reflect cost, risk, and value contribution.
• Define pricing triggers and thresholds to support disciplined pricing decisions and improve margin management.
• Implement tracking mechanisms to monitor adherence and effectiveness of pricing strategies.
• Maintain and continuously enhance customer-level pricing views
• Support integrated decision-making by ensuring data is accurate, up to date, and accessible to relevant stakeholders.
• Drive client profitability analytics and ensure alignment with relationship pricing objectives.
• Ensure consistent application of pricing policies and mandate across business units
• Partner with segment, coverage, and product teams to design pricing strategies that support targeted campaigns and client solutions.
• Provide analytical support to business development efforts, focusing on optimising value for both client and bank.
• Contribute to the development of new pricing capabilities that strengthen Business Banking’s value proposition.
• Streamline pricing processes to enhance efficiency and customer experience
• Build and maintain cashflow forecasting models to simulate pricing scenarios and revenue outcomes.
• Analyse the financial impact of pricing decisions under different market or strategic assumptions.
• Translate pricing and profitability insights into actionable intelligence for segment teams.
• Support a deeper understanding of the commercial value generated by customer activity, product usage, and pricing lever

Education and Experience Required

• Bachelor's degree in Statistics, Economics, Actuarial Science, Mathematics, Engineering or a related field.
• Postgraduate degree or professional qualification (e.g. CFA, CA(SA), FRM) advantageous.
• 5–8 years’ experience in pricing, financial modelling, commercial banking, or a related analytics or product role.
• Demonstrated experience in working across functions (e.g., finance, credit, treasury, product, relationship teams).
• Ability to build, develop & lead professional level teams
• Understanding of the financial services sector within a professional business environment
• Knowledge of people change management

Knowledge & Skills:

• Proficiency in data analysis tools (Excel, SQL, Power BI, or Python)
• Banking regulation (Expert)
• Writing & reporting (Advanced)
• Presentation skills (Advanced)
• Understanding of systems used (Advanced)
• Understanding of relevant legislation (Advanced)
• Understanding of corporate controls and checks (Advanced)
• Knowledge of business continuity and contingency (Advanced)
• Computer literacy (Advanced)
• Excellent organisational skills (Advanced)
• Excellent communication skills (Advanced)
• Relationship management and networking (Advanced)

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

End Date: July 28, 2025