Data Scientist III

3 days ago

Johannesburg, Gauteng, South Africa FirstRand Namibia Limited Full time

time left to apply End Date: March 25, 2025 (4 days left to apply)

job requisition id R30857

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, using advanced analytics technologies, to address business opportunities and problems and implement business strategy.

  • Develop, maintain and improve IFRS9 and Capital impairment models, ensuring high accuracy and quality not only in the development, but also in documentation for successful model approvals and audits.
  • Develop and apply analytical algorithms and methods to build, test and implement advanced mathematical models and analytical solutions that address business problems, opportunities and improve business outcomes i.e. reduced risk and costs, increased profitability, optimized efficiency and to facilitate strategic decision-making.
  • Provide input into localisation of appropriate model building policies, standards, frameworks, and governance process and integration of business modelling and analytics value chain.
  • Take all necessary actions to ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.
  • Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in.
  • Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement.

Requirements:

  • Relevant degree in Mathematics, Statistics or similar is required.
  • Strong statistical modelling experience with credit is required.
  • IFRS9 and Capital modeling a plus.
  • 5+ years' experience required in a similar role.
  • 2 years' experience in leading a team.
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.

25/03/25

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.

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