Specialist: Pricing

Absa Group; Sandton; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading African bank in Sandton is seeking an analytical professional to enhance pricing strategies and optimize portfolios. Candidates should have a relevant degree, strong financial modelling skills, and 2–3 years of quantitative analysis experience. This role involves developing pricing initiatives and collaborating with stakeholders to meet strategic objectives. Competitive benefits and opportunities for growth are offered.

Qualifications

• Minimum 2–3 years of experience in quantitative analysis.
• Strong financial modelling and analytics skills required.
• Ability to identify critical insights from complex information.

Responsibilities

• Support pricing initiatives and maintain pricing hurdles.
• Monitor risk-adjusted performance metrics across units.
• Build relationships with stakeholders for pricing objectives.

Skills

Analytical ability

Financial modelling

Data analytics

Understanding of banking products

Excellent communication

Education

Degree in Applied Mathematics or related discipline

Honours/Masters, CFA/FRM/CA(SA)

Tools

Python

Power BI

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

We’re looking for a highly analytical and commercially minded professional to join our CIB team. This role is pivotal in driving pricing strategies, portfolio optimization, and structuring activities across CIB and Wholesale Lending (Pan-ARO), ensuring alignment with risk‑adjusted return objectives.

Job Description

Key Responsibilities

Pricing Strategy & Advisory

• Support the development and implementation of pricing initiatives across CIB and BB.
• Maintain and enhance pricing hurdles, ensuring compliance with regulatory requirements.
• Provide quantitative advice and training on pricing and regulatory matters.
• Assist in pricing and structuring loans, leveraging data insights for decision‑making.
• Contribute to the development of models that support portfolio management and risk‑adjusted performance measures.

Portfolio Management & Structuring

• Monitor risk‑adjusted performance metrics and financial resource usage across business units.
• Provide insights to the Strategic Portfolio Management Committee and related forums.
• Conduct analytics using tools such as Python and Power BI to enhance pricing and portfolio insights.
• Support structuring activities, including capital optimization and risk transfer strategies.

Stakeholder Engagement

• Build and maintain strong relationships with internal and external stakeholders.
• Collaborate across teams to ensure delivery of pricing and portfolio objectives.

Skills & Competencies

• Strong analytical and quantitative ability.
• Advanced financial modelling and data analytics skills.
• Knowledge of banking products and regulatory frameworks.
• Ability to absorb complex information and identify critical insights.
• Excellent communication and presentation skills.
• Collaborative, adaptable, and commercially minded.

Qualifications & Experience

• Minimum: Degree in Applied Mathematics, Actuarial Science, Econometrics, or related quantitative/finance discipline.
• Preferred: Honours/Masters, CFA/FRM/CA(SA) or studying towards these qualifications.
• Experience: 2–3 years in quantitative analysis, financial modelling, regulatory or portfolio analytics.

Education Bachelor’s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, 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.