Junior Product Analyst

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

Job Description

Key Responsibilities:

- Management Information:

- Identify and address revenue leakage opportunities.
- Draw and evaluate product analytics to grow the P&L, such as consistent decliners, margin analysis, and sub-product trends.
- Product Analytics:

- Utilize data tools like MyMi, Power BI, and IMSP to source pivotal analytics.
- Extract data and convert it into management information for decision-making.
- Manage and correct negative margin accounts.
- Update collateral and sales teams on interest rate changes.
- Recommend pricing policy updates based on product pricing lever analysis.
- Validate ICA maintenance requests and ensure policy compliance.

Education and Experience Required:

- Bachelor’s degree in Commerce (Banking, Marketing, or similar); a postgraduate degree is a plus.
- Experience in product analysis (Business Analysis, Development, or similar).

Knowledge and Skills:

- Liquidity and/or Transactional Banking Product Knowledge
- Project Management Skills
- Negotiation and Presentation Skills
- Banking Industry Knowledge
- Strong technical and analytical abilities

Competencies:

- Deciding and Initiating Action
- Learning and Researching
- Entrepreneurial and Commercial Thinking
- Relating and Networking
- Adapting and Responding to Change
- Persuading and Influencing
- Creating and Innovating

Special Work Requirements:

- Ability to complete interest calculations and influence business change accountability.

Communication and Interaction:

- Interact with employees within and outside your area, internal clients, and occasionally external clients.

Education

Further Education and Training Certificate (FETC): Physical, Mathematical, Computer and Life Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_



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