Pricing Specialist

About the role

Absa is looking for a Pricing Specialist to support its pricing function. The role advises on and helps develop and implement pricing activities, including new product and investment portfolio pricing structures, and supports loan pricing and structuring across AR Business Banking.

Key responsibilities

• Manage pricing inputs used to set pricing levels and use financial data to give pricing insights that support business decisions
• Develop models that support portfolio management and help optimise value-aligned performance measures such as risk-adjusted returns (e.g. return on risk-weighted assets)
• Analyse the impact of upcoming regulation on pricing
• Monitor risk-adjusted performance metrics and financial resource usage per business unit, and provide insights to FRM-related committees, including benchmarking against peers
• Run analytics with Excel and tools such as Python and/or Power BI, and interrogate historic portfolio performance
• Assist with structuring activity across business units and optimise capital structures regarding risk weighting and pricing
• Build internal and external stakeholder relationships, prioritise outputs and deliver within deadlines

Required profile

• Minimum qualification: a quantitative or finance degree (e.g. applied mathematics, actuarial science, econometrics, finance)
• Preferred: Honours, Masters, CFA/FRM/CA(SA)/CIMA or study towards them
• Preferred: two to three years of experience in quantitative, financial modelling, quantitative regulatory and/or financial analysis
• Strong analytical and quantitative ability, financial modelling and data analytics, and knowledge of banking products

Required skills

• Excel
• Python and/or Power BI
• Financial modelling and data analytics