Senior Analyst - Climate Risk Analytics- AVP

Absa Group; Sandton; On-site; ZAR 50 000 - 90 000; Full time

Job summary

Join a forward-thinking bank committed to shaping Africa's future through innovative climate risk solutions. This role focuses on developing and implementing cutting-edge models that assess climate impacts on the banking sector. You'll work with diverse datasets, engage with stakeholders, and contribute to the bank's sustainability goals. If you're passionate about climate analytics and have a strong background in data science, this is an exciting opportunity to make a meaningful impact in a rapidly evolving field.

Qualifications

• 4-10 years of banking-related experience required.
• Experience in climate risk analysis is advantageous.

Responsibilities

• Develop and implement climate risk models for the group.
• Engage with stakeholders to tailor climate analytics solutions.

Skills

Python

Climate Risk Analysis

Data Analysis

Model Development

Education

Postgraduate Degree in a Numerate Field

Bachelor's Degree in Physical or Mathematical Sciences

Tools

Statistical Modelling Software

Data Visualization Tools

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 role will be within the Group Risk ESG Risk Measurement function. The function is responsible for the development, implementation, and embedment of various models and frameworks.

The incumbent will mainly drive the development, maintenance, and implementation of various ESG and climate risk related models for the group.

Job Description

Accountabilities:

• Develop models in-house by ensuring model builds are of sufficient quality, and producing detailed model build documentation.
• Develop Physical and Transition Risk, and other climate related models to evaluate the impact on the group.
• Work with climate related and bank related datasets – sourcing, analyzing, and processing.
• Use the latest techniques, coding languages, and packages to develop solutions.
• Stay abreast of climate related topics, modelling techniques, and discussions.
• Work with stakeholders across the bank to develop tailored solutions related to climate analytics.
• Embed climate risk analytics across the group.
• Support and develop climate risk scenario analysis and stress testing frameworks.
• Develop theoretical understanding and practical application of model development methodology through building and applying models.
• Ensure full governance processes for modelling are followed from inception to validation.
• Ensure successful model implementation, assessment, and ongoing improvement.
• Visualize model outputs for clarity and interpretability.

Stakeholder Management:

• Engage stakeholders actively to ensure full involvement in processes and delivery.
• Challenge model builds by discussing details and ideas.
• Manage relationships with business units, understanding their requirements and feedback.
• Defend model outputs during stakeholder inquiries.
• Engage stakeholders on innovative solutions and draft proof of concepts.

Education and Experience Requirements:

• A relevant postgraduate degree in a numerate field (e.g., Maths, Stats, Engineering, Actuarial Science, Computer Science).
• 4-10 years of banking-related experience.
• Coding skills in Python preferred.
• Studying for a professional qualification (e.g., Fellow of the Actuarial Society of SA) preferred.
• Experience or education in Climate Risk is advantageous.

Education

Bachelor's Degrees and Advanced Diplomas in Physical, Mathematical, Computer, or Life Sciences are required.

Absa Bank Limited is an equal opportunity employer, committed to diversity and inclusion. Preference will be given to candidates from designated groups to promote demographic representation.

Absa Bank Limited reserves the right not to fill the position as advertised.