Integrated Scenario Analyst

FirstRand Bank Limited; Sandton; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

FirstRand Bank Limited in Sandton, South Africa, invites applications for a role focused on developing, implementing, and embedding an integrated scenario analysis capability within Group Treasury.

The position requires applying risk, finance, and quantitative expertise to build models, code analytical tools, and produce dashboards that inform capital planning and risk management across banking, insurance, and investments businesses.

Job description

To support the development, implementation, and ongoing embedding of the Group’s integrated scenario analysis capability within FirstRand Group Treasury. The role applies risk, finance, and quantitative expertise to analyse complex data, develop and code quantitative models, and produce insightful dashboards that inform strategic decision‑making, capital planning, and risk management. The role operates within a dynamic, intellectually challenging environment that requires continuous learning and capability development, while collaborating with stakeholders across the Group and across multiple industries, including banking, insurance, and investments, to enhance and mature the Group’s integrated scenario analysis capability. Understand and apply scenario formulation techniques to evaluate the impact of economic, financial, and operational scenarios on the Group’s performance, resource allocation, liquidity, and capital planning. Lead and support the expansion and embedding of the integrated scenario analysis capability across multiple use cases, including ICAAP stress testing, common scenario stress testing, FRM, budget‑lite processes, and other strategic applications. Conduct and lead research into scenario design, macro‑financial linkages, and risk drivers, incorporating internal and external data, regulatory expectations, and industry best practice. Build, enhance, review, and challenge quantitative scenario methodologies and models, working collaboratively with Risk, Finance, Treasury, and relevant subject matter experts (SMEs). Develop, code, and maintain quantitative models and analytical tools, ensuring robustness, transparency, scalability, and appropriate governance. Perform data preparation, validation, and analysis, ensuring accuracy, completeness, and consistency of inputs used in scenario modelling and reporting. Review, interpret, and analyse scenario outputs, ensuring results are conceptually sound, analytically coherent, and decision‑useful. Ensure scenario results are reported in line with relevant internal standards, regulatory requirements, and accounting frameworks, and that outputs reconcile back to regulatory returns and financial statements. Design and maintain dashboards and management information to communicate scenario results, key drivers, sensitivities, and insights effectively. Prepare high‑quality presentations, summaries, and discussion materials for senior stakeholders, including Group Treasury, FRM, Finance, and Risk forums. Support methodology documentation, governance processes, and audit readiness, including responding to internal and external review queries. Monitor and adapt scenarios in response to changing economic conditions, regulatory developments, and emerging risks. Act as a collaborative partner across the Group, working with stakeholders across banking, insurance, and investment businesses to ensure alignment and consistency of scenario analysis. Contribute to the continuous improvement and maturity of the Group’s integrated scenario analysis capability through innovation, automation, and ongoing skills development.

Important Closing Date Note Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 06/11/26 All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.