Pricing Advanced Analytics

2 weeks ago


Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Bring your possibility to life Define your career with us

  • 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


Accountable for data, analytics and value for money tools in support of the everyday banking customer level integrated and conditional pricing strategy.


Job Description:

Accountability:
Advanced Pricing Analytics

  • Responsible for the sourcing, maintenance and quality assurance of internal and external data used customer level and integrated pricing.
  • Responsible for the development and maintenance of pricing meta data including parameters and values used in customer level and integrated pricing systems.
  • Provide tools and analytical methodologies, techniques to inform the development and optimisation of integrated pricing strategies and measure the success (or failure) of propositions.
  • Develop data and reporting to measure the effectiveness of pricing strategies.
  • Provide expert analytical support to identify, prioritise and pursue opportunities and provide input to the STP / MTP process to ensure full integration of these opportunities into financial planning cycles.
  • Provide data and analytics to support revenue assurance against pricing policy and product rules across relevant pricing systems.

Accountability:
Value for Money Tools

  • Develop and implement customer
- and colleague facing tools to demonstrate best value for money on our pricing and integrated propositions across our full range of product suites.

  • Develop tools for the monitoring of pricing tool frontline and customer usage and effectiveness.
  • Accountable for the maintenance of value for money tools and their accuracy.
  • Accountable for the development and maintenance of pricing simulators for use in pricing campaigning and frontline / customer value for money tools.

Accountability:
Operational Effectiveness

  • Drive strategic and operational reporting requirements required for customer level pricing.
  • Define analytical projects and track and manage the process, understand trends and dynamics.
  • Use insights and knowledge gained from highlevel reports and analyse complex comparative information to create scenarios to direct strategic intent.
Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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