Job Description To plan, build, optimise and implement innovative quantitative analytical methodologies, procedures, products and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy, with minimal guidance Develop, encourage and nurture collaborative relationships across area of specialization Participate in planned activities that are appropriate for own development Contribute to creative business solutions, optimization of processes and conduct statistical modelling and data analysis to inform strategic decisions, under limited supervision Assist in the delivery of value-add outputs across the analytics value chain in delivery of business strategy Implement localized Analytics strategy to address business needs, under limited supervision Utilize, refine and enhance advanced statistical models and data analysis to inform decision making and address business needs Develop new insights into situations and apply innovative solutions to make organizational improvements Manages risks in own area of responsibility Build working relationships across teams and functional lines to enhance work delivery, collaboration and innovation The individual will be responsible for the Management of the Bank’s Provisioning process and Overlays (including ensuring continued compliance with IFRS9 requirements) and will therefore be the secretariat of the FNBB Provisioning and Impairment Committee. Ensuring continued adherence to external audit requirements and are the credit department’s external audit liaison. Finance Reporting and Recons (Schedule 24 reporting, Provisions, Interest in Suspense, Advances and NPL reconciliation and are custodians of some of the bank’s general ledger accounts). Education & Experience Minimum Qualification - Relevant Degree in Maths, Stats, Engineering, Computer Science, Econometrics, Physics or Actuarial Science Preferred Qualification - Honours Degree knowledge of accounting and regulatory standards, especially; Basel Accord (IRB) and IFRS9 Fundamental understanding of impairments, credit modelling, and credit risk. Experience - 3 to 5 years experience in a data environment, of which 1 to 2 years ideally at a junior specialist level Data mining, analytics and modelling (Python, SQL, MATLAB, SAS, S-PLUS or R) Competencies & Skills: Communications and Presentation skills. Good customer relations skills. Attention to detail. Business acumen/Retail awareness Time Management-capable of meeting tight deadlines Analytical thinking and Problem solving Integrity Financial Business Tools for Reporting Results and Customer Orientation Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 25/07/25 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. Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ. 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.
