Specialist: Quantitative Analysis

2 weeks ago


Sandton, South Africa Absa Bank Limited Full time

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

The Quantitative Analyst: Product Development will support the distribution index and structured solutions team by working across products/capabilities with a variety of internal and external retail brokers and applicable institutional clients to grow the business. Will be responsible for positioning the products/solutions and designing the transaction flow from cradle to grave. This role is suited to an individual with 5 years plus experience in Quantitative Analysis/ Product development in the investment industry. B.Sc. / B.Econ.Sc. / B.Bus Sci with honors in Mathematics / Actuarial Science / Mathematics of Finance / Mathematical Statistics - progress towards CFA / FRM / Actuarial Qualification will be an advantage. Successful incumbent will have strong technical financial and statistical skills coupled with the ability to engage clients of differing complexity and to provide bespoke solutions based on their specific needs.

**Job Description**:
Product development and enhance product offering.
- Take full responsibility for execution of new products and enhancements within the business unit product development policy as well as within the provisions of fair customer treatment.
- Identify and define product optimisation opportunities and strategies (e.g., coverage, branding, distribution channels, product collateral, pricing, and performance levels).
- Understand customer needs from distribution team to develop and drive the customer proposition per segment and product area.
- Manage each product development by implementing the gated process, from product concept, through to detailed design stage, implementation, and post implementation.
- Research and investigate product ideas and conduct a detailed preliminary assessment looking at the strategic fit and risks associated with any new product and that all key steps up to product launch are followed and documented as per the new product approval requirements.
- Make sure that the processes and documentation related to the products are in place (through the Product Development area).
- Conduct a post implementation review in respect of product performance and general progress of all launched products through the new product approval process. This entails assessment of sales performance of the product within a given period (e.g., 6 months).
- Conduct competitor and market intelligence background research for all new product developments. This entails desktop mini research on any published competitor product information as well as through interaction with relevant distribution channels.
- Manage and prioritise a portfolio of existing and new solutions though a product development pipeline from idea generation and business evaluation in the Product Management area through to development, go-to market and maintenance in the Product Development area.

Research
- Investigate and embark on a continuous market scanning of Local and International peers to identify and stay abreast of market trends and activities to inform opportunities for new or enhanced products and services.
- Initiate market research relating to the product alignment to client needs, competitors, and future trends to ensure sustained profitability for Absa and competitive advantage.
- Engage in networking activities, e.g., attending relevant industry conferences, to stay abreast of changes in the industry, product offering and procedures to absorb the impact of change.
- Formulate and influence product strategies based on research findings.

Product management
- Review and modify existing product performance to maximise profitability and meet customer needs.
- Understand and interpret products based on robust analysis and alignment with the respective portfolio strategy i.e., financial models, customer survey findings and overall product strategy. This insight will help to make informed decisions as to the future direction/strategy of the allocated product portfolio.
- Assume responsibility for performance monitoring and proactive management of the products by understanding the key performance drivers including behavioural trends, financial indicators, and growth/performance metrics.
- Review the product offering and profitability on an ongoing basis to determine its penetration to the market, validate budget and make recommendations to expand, maintain or discontinue a given feature.
- Develop a library with expert knowledge of the relevant product technically and operationally.
- Undertake regular competitor and non-competitor analysis in terms of product strategy, practices, and proactively initiate product reviews based on trends identified



  • Sandton, South Africa Absa Bank Limited Full time

    Join Our Team and Shape the Future of Africa!With a strong legacy, we are a local bank with a global outlook, offering you the chance to be part of an exciting journey in shaping a proudly African group.The Opportunity:As a Quantitative Analyst specializing in Product Development, you will collaborate with internal and external partners to drive business...

  • Quantitative Analyst

    2 weeks ago


    Sandton, South Africa Ovations Group Full time

    An opportunity has become available for a Senior Quantitative Analyst to provide business analysis, report extraction, and automation engineering support for the Credit Risk Regulatory Reporting Stabilisation Project (CRS Project), and support the implementation of IFRS 9. **Important**:This is a contract for **9 months** **Minimum requirements...

  • Quantitative Analyst

    3 weeks ago


    Sandton, South Africa Think-Career RPO Full time

    Purpose of the role To develop and maintain best practice models and assessment strategies in line with regulations in order to facilitate world class risk management and/or attainment of strategic objectives. Coding experience in SAS, SQL, R or Python will be beneficial. **Responsibilities**: Analysis of credit risk and policy recommendations based on data...

  • Quantitative Analyst

    3 weeks ago


    Sandton, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Recruitment Agency / Vacancy in Sandton- Salary- R500K - R300K per annum- Job Type- Permanent- Education- BCom/BSc- Experience- 2+ Years Experience- Reference- 131021QAAP- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847- BCom/BSc - Quantitative analysis and research


  • Sandton, 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 Do you...


  • Sandton, 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 We are...


  • Sandton, South Africa Humankind Group Full time

    Qualifications: Bachelor's or Master's degree in Mathematics, Statistics, Finance, Economics, or a related field. Strong proficiency in quantitative analysis, statistical modeling, and financial mathematics. Proficiency in programming languages such as Python, R, or MATLAB for data analysis and modeling. Experience with financial modeling, risk management,...


  • Sandton, South Africa TalentCru Full time

    Within the Risk Governance Portfolio Management function of Group Risk, the Quantitative Management team is responsible for the development, oversight, and embedment of the credit risk measurement models for the Corporation. *PLEASE NOTE THAT THIS A 18 MOTNHS FIXED TERM CONTRACTThe Credit Risk Model Developer Deployment Specialist will play an important...


  • Sandton, South Africa TalentCru Full time

    Within the Risk Governance Portfolio Management function of Group Risk, the Quantitative Management team is responsible for the development, oversight, and embedment of the credit risk measurement models for the Corporation. *PLEASE NOTE THAT THIS A 18 MOTNHS FIXED TERM CONTRACTThe Credit Risk Model Developer Deployment Specialist will play an important...

  • Quantitative Analyst

    3 weeks ago


    Sandton, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Recruitment Agency / Vacancy in Sandton- Salary- (R750K - R500K) per annum- Job Type- Permanent- Education- BSc.- Experience- 3+ Years- Reference- QuantsAn9-AP- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847- BCom/BSc - Quantitative analysis and research - Credit risk experience - IFRS9 Modelling experience


  • Sandton, South Africa SET Recruitment Consultants Full time

    Financial Modelling Analysis SpecialistMarket-related SalaryJohannesburgRole PurposeRenewable Energy company is seeking a Financial Modelling and Analysis Specialist to support the company's growth through focusing on delivering complex financial models and analysis in support of our commercial work. The individual will be responsible for maintaining...


  • Sandton, South Africa Humankind Group Full time

    Qualifications: Bachelor's or Master's degree in Mathematics, Statistics, Finance, Economics, or a related field. Strong proficiency in quantitative analysis, statistical modeling, and financial mathematics. Proficiency in programming languages such as Python, R, or MATLAB for data analysis and modeling. Experience with financial modeling, risk management,...


  • Sandton, South Africa Humankind Group Full time

    Qualifications:Bachelor's or Master's degree in Mathematics, Statistics, Finance, Economics, or a related field.Strong proficiency in quantitative analysis, statistical modeling, and financial mathematics.Proficiency in programming languages such as Python, R, or MATLAB for data analysis and modeling.Experience with financial modeling, risk management,...


  • Sandton, South Africa Think-Career RPO Full time

    Purpose of the role Additional Job Responsibilities Ensuring the correct return is generated on new business. Assisting in the testing and implementation of credit and pricing changes. Analysis of credit risk and policy recommendations based on data analysis/ statistical methods. **Governance aspects related to role**: submission of inputs for Product...


  • Sandton, South Africa Adzuna ZA B C2 Full time

    Qualifications:Bachelor's or Master's degree in Mathematics, Statistics, Finance, Economics, or a related field.Strong proficiency in quantitative analysis, statistical modeling, and financial mathematics.Proficiency in programming languages such as Python, R, or MATLAB for data analysis and modeling.Experience with financial modeling, risk...


  • Sandton, 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 SummaryThe...

  • Quantitative Analyst

    2 weeks ago


    Sandton, South Africa Bidvest Bank Full time

    Primary PurposeThe sucessful incumbent will be responsible for developing ,implementing ,monitoring and supporting advanced and relevant quantitative models in the bank. The QA build s and formally present reports by monitoring business performance within the set risk appetite and through analysis.The responsibilities on the QA includes identifying...


  • Sandton, South Africa SET Recruitment Consultants Full time

    **Financial Modelling Analysis Specialist** **Market-related Salary** **Johannesburg** **Role Purpose** Renewable Energy company is seeking a Financial Modelling and Analysis Specialist to support the company’s growth through focusing on delivering complex financial models and analysis in support of our commercial work. The individual will be...

  • Payroll Analysis

    3 weeks ago


    Sandton, South Africa Ivanhoe Mines Full time

    **KAMOA COPPER SA is looking for a Payroll Analysis & Reporting Specialist** **The Kamoa Copper Mine, is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%). It's a very large, near-surface, flat-lying, stratiform copper deposit with...


  • Sandton, South Africa International Development Corporation (IDC) Full time

    **A permanent position exists at our Head office in Sandton for a Quantitative Manager: Risk Price Modelling within the Credit Risk Department reporting to the Head: Credit Risk** **JOB PURPOSE** To focus on the development, management as well as maintenance of rating, pricing and valuation models in line with best practice. **MAIN DUTIES AND...