Senior Manager – Pricing At Absa Group – 15 Alice Lane, South Africa

Victrays; Gauteng; On-site; ZAR 700 000 - 1 000 000; Full time

Job summary

A prominent local bank in South Africa is seeking a Senior Pricing Specialist to enhance Business Banking's pricing capabilities. This role entails developing pricing frameworks, monitoring pricing strategies, and driving profitability analytics. The ideal candidate will have 5-8 years of experience in pricing or financial modelling and a strong background in data analysis tools. The bank offers the opportunity to join a growing team contributing to a bright future in the financial services sector.

Qualifications

• 5–8 years' experience in pricing or commercial banking roles.
• Experience in working across functions (finance, credit, etc.).
• Understanding of the financial services sector.

Responsibilities

• Develop pricing frameworks and trade-off models.
• Define pricing triggers for optimal decisions.
• Implement mechanisms to monitor pricing strategies.
• Support integrated decision-making with accurate data.
• Drive profitability analytics in line with pricing objectives.
• Ensure consistent application of pricing policies.
• Provide analytical support for business development.
• Contribute to developing new pricing capabilities.
• Streamline pricing processes for efficiency.

Skills

Data analysis tools

Banking regulation

Writing & reporting

Understanding of systems

Understanding of relevant legislation

Corporate controls and checks

Business continuity and contingency

Organizational skills

Relationship management

Education

Bachelor's degree in Statistics, Economics, Actuarial Science, Mathematics, Engineering

Postgraduate Degrees in Financial Sciences

Tools

Excel

SQL

Power BI

Python

Job description

Empowering Africa's tomorrow, together...one story at a time.

With over 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 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

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.

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).

Understanding of systems used (Advanced).

Understanding of relevant legislation (Advanced).

Understanding of corporate controls and checks (Advanced).

Knowledge of business continuity and contingency (Advanced).

Excellent organisational skills (Advanced).

Relationship management and networking (Advanced).

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer.

In compliance with the Employment Equity Act 55 of

• Preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.