Analyst - Model Development

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 To provide specialist advice and support in the development and implementation of quantitative analytics, models and risk management. To enable the provision of ESG & Climate Risk Measurement solutions across the group. Job Description Job Description Develop models in-house by ensuring model build data are of sufficient quality, completing statistical data analysis and producing detailed model build documentation. Develop various forecasting models to evaluate various impacts on the group. Develop Physical and Transition Risk, and other climate related models to evaluate the impact on the group (e.g., credit, operational, insurance). Work with climate related and bank related datasets - sourcing, analysing, and processing. Understand and apply geocoding and related geo-analysis. Use the latest techniques, coding languages and packages to develop solutions. Stay abreast of climate related topics, modelling techniques and discussions. Work with stakeholders across the bank to develop tailored solutions and prototypes in relation to climate related analytics. Develop theoretical understanding and practical application of model development methodology through model building and application experience. Ensure full governance processes for modelling are complied with from model inception and build through to validation. Ensure successful implementation of models.Stakeholder management would be required, that mainly includes: Actively engage stakeholders to be fully engaged in the process and delivery. Generate appropriate challenge on model builds by discussing model build detail and ideas. Manage key stakeholders across the business by ensuring their issues, objectives and priorities are reflected in the agreed solutions. Develop and maintain relationships with relevant business units by understanding the business units' requirements and obtaining feedback. Education and Experience requirements A relevant Degree in a numerate field, e.g., Maths, Stats, Engineering, Actuarial Science, etc. 1-5 years of related experience (e.g., credit risk models). Coding abilities in Python will be preferred. Studying toward a professional qualification (e.g., Fellow of the Actuarial Society of SA) will be preferred. Climate risk related courses, certifications or education will be advantageous. Education Bachelor's Degree: Actuarial Science, Bachelor's Degree: Applied Mathematics, Bachelor's Degree: BMI - Business Management and Informatics, Bachelor's Degree: Statistics 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 At Absa, our story is not a single narrative. It's thousands of individual journeys unfolding across Africa and beyond.From colleagues serving customers in local communities to teams shaping financial solutions across borders, Absa is built on people who bring their lived experiences, ambitions and perspectives into the workplace every day. Whether you're starting your career, a seasoned leader or somewhere in between, your contribution is seen, valued and connected to something bigger.Our presence across Africa - which spans personal and business banking, corporate and investment banking, wealth and investment management, and insurance - exists because of the people who show up in their roles with purpose. Across Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, our colleagues are shaping what Absa becomes in each market.Beyond the continent, teams in global offices and a technology hub support and extend the stories that prove that African talent can lead, influence and innovate on the global stage.At Absa, your story matters because progress is driven by human experience, not hierarchy. When people are enabled to bring their whole selves to work, they don't just build careers. They help shape the future of Africa's financial services landscape.