Jobs

Specialist Data Scientist: Financial Modelling at Absa Group Limited (Absa)

  • Job Type Full Time , Hybrid
  • Qualification Bachelors
  • Experience
  • Location Gauteng
  • City Johannesburg
  • Job Field Data, Business Analysis and AI&nbsp , ICT / Computer&nbsp

Specialist Data Scientist: Financial Modelling at Absa Group Limited (Absa)

Specialist Data Scientist: Financial Modelling

Job Summary

  • Leverage deep data science expertise in advanced statistics, data wrangling, data mining, data analysis, feature engineering &predictive modeling, storytelling, distributed computing & data visualisation, machine learning tools & data intuition to define, build, operationalize & continuously improve data solutions that deliver relevant, quality assured, accurate & commercially impactful data to the business.

Job Description

  • Participate in design thinking processes to determine & confirm hypotheses and priority questions / data challenges & related metrics to be solved for
  • Translate business questions to be solved into data requirements & define a data solutions to deliver against these requirements
  • Proactively partner with the data engineering team to refine the data requirements deliver raw data to Data Science teams for interpretation & analysis
  • Design fit for purpose data interpretation & analysis approaches & create customized data models, algorithms, machine learning tools and recommendation engines to achieve the desired business outcomes
  • Use advanced data science skills to mine & interpret data. These include but are not limited to: advanced statistics, data wrangling, data mining, data analysis, feature engineering & predictive modeling, distributed computing, machine learning tools & data intuition
  • Analyse & interpret complex data sets
  • Apply quality assurance frameworks to test model & analysis techniques (e.g. algorithms, models) & overall data quality
  • Apply the testing frameworks to monitor and analyse model performance & data integrity on all data assignments
  • Produce business insights and recommendations based on data analysis & modeling concluded & where relevant with knowledge and experience of e.g. Databricks, Python, Hadoop, Apache Spark
  • Use storytelling and data visualization techniques to maximize impact & deliver a user friendly product to business
  • Contribute to the consolidation of data solutions into viable end products (in the language of business) that can be leveraged on an ongoing basis e.g. dashboards, reports etc.
  • Present data analysis (trends, insights, forecasts) & findings to business & show tangible business impact to be derived from the data science process
  • Facilitate peer reviews & feedback on data solutions
  • Refine data analysis based on business & peer reviews
  • Contribute to the assessments of the effectiveness and accuracy of new data sources & data gathering techniques
  • Promote data literacy with your business stakeholders by sharing best practices and showing tangible business impact & recommendations as a direct result of the the data solutions provided
  • Stay ahead of the curve on data science trends & leading practice data science tools and techniques & transition the organisation to advanced methods for the continuous optimization of data
  • Develop and retain models on customer behavior, retention and segmentation
  • Build algorithms and design experiments to merge, manage, interrogate and extract data to supply tailored reports to colleagues, customers or the wider organization
  • Use machine learning tools and statistical techniques to produce solutions to problems
  • Assess the effectiveness of data sources and data-gathering techniques and improve data collection methods
  • Conduct research from which you’ll develop prototypes and proof of concepts
  • Look for opportunities to use insights/datasets/code/models across other functions in the organisation
  • Stay curious and enthusiastic about using algorithms to solve problems and enthuse others to see the benefit of your work.
  • Development of standardised modelling of behaviour/retention/value in customers
  • Maintenance of dictionaries: codes, dimensions, setting up tables etc
  • Run and compare models on a regular basis
  • Run Cluster specific scenarios to cover specific local issues
  • Business process maintenance (segmentation, primacy etc)
  • Produce appropriate documentation and training material to enable handover to a BAU team.
  • KVD Predictions
  • Using and deriving value from implemented models

Accountability: Risk & Governance

  • Identify data risks and mitigate these (pre, during & post solution deployment / data delivery)
  • Create business cases & solution specifications for various governance processes (if required)
  • Apply data quality assurance frameworks and tools to guarantee data quality & data integrity (always) for specific data solutions
  • Contribute to risk, governance, compliance & broader regulatory processes as a data science expert (if & when required)

 Accountability: People

  • Coach & mentor other data scientists
  • Conduct peer reviews, testing, problem solving within and across the broader team

The following degrees and/or  subjects may be particularly useful:

  • Data science
  • Industrial engineering
  • Mathematics
  • Statistics
  • Actuarial science
  • Business mathematics and informatics

Additional Job Description

  • Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and Absa Policies and Policy Standards.
  • Understand and manage risks and risk events (incidents) relevant to the role

Education

  • Bachelor’s Degree: Information Technology

End Date: September 23, 2025

Method of Application

Interested and qualified? Go to Absa Group Limited (Absa) on absa.wd3.myworkdayjobs.com to apply

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