Specialist: Pricing at Absa Group Limited (Absa)

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.

Job Description

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)

End Date: July 30, 2025