Job Requisition ID: R22838
Job DescriptionTo build, optimise and implement innovative quantitative analytical methodologies, procedures, and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy, under guidance against predicted results and deliver according to set processes and procedures.
Innovate to improve customer experience by continuously looking for better and more efficient ways of doing things. Be flexible and adapt to changing circumstances.Deliberately seek diverse opinions, build on ideas and do not duplicate effort.Participate in the innovation process in the business and contribute toward new innovations against objectives.Execute own work in accordance with the organisational values and code of ethics.Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution.Identify and escalate risk as a normal part of work.Adhere to model building policies, standards, frameworks, and governance process.Ensure ethical usage of information that complies with restrictions applied for privacy and sensitivity classification. Implement and adhere to Privacy business requirements, legislation and policy.Report Information Privacy Incidents and escalate appropriately for resolution of Privacy and Protection.Participate in production of analytics in the approved FirstRand architecture by translating technical data information into practical business information that addresses identified needs.Analyse information requirements, availability and quality of data to feed into management for resolution.Collaborate with numerous departments across the business to aid them in the proper use of data to ensure delivery of desired operational results.Participate in relevant projects related to the business's overall analytical needs and opportunities.Participate as SME for analytics applying own understanding of the operations of the business product or service.Assist in determining the business questions that need to be answered and determine appropriate analytics models for utilisation. Source and extensive preparation (50%) of relevant data sources for analysis.Translate business requirements into tangible models utilising own understanding of the business value of projects, models and processes.Develop and apply analytical algorithms and methods to build, test and implement robust mathematical models and analytical solutions that address business problems, opportunities and improve business outcomes.Build models that analyse processes to recommend areas for optimisation to achieve cost savings, revenue generation or efficiency improvements for the business.Document and audit relevant processes.Conduct appropriate manipulation and analysis of data to proactively identify and meet needs of the business for the purpose of future work.Plan and perform regular model updates that capture evolving business complexity in current models.Challenge current models to ensure relevance and accuracy of outputs.Test outputs and accuracy of models to ensure relevance.Grow own understanding of relevant information management processes and methods.Identify and escalate potential risks which may lead to increased costs.Establish relationships with relevant individuals and departments to deliver on work expectations.Interact positively with groups or teams inside and outside of own area.Build and maintain stakeholder relationships.Assess own performance through seeking timely and clear feedback and request training where appropriate.Demonstrate teamwork as a valued team player.Requirements:Relevant degree in Statistics/Maths or Actuary2-4 years' experienceFinancial background is beneficialJob DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. Closing Date: October 17, 2024
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. Candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose it to other parties.
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