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 Senior Pricing Specialist plays a pivotal role in advancing Business Banking’s pricing capability through the design, oversight, and governance of strategic pricing frameworks. This role is responsible for maintaining integrated client-level pricing views, and developing trade-off models to optimise client and bank value. Working closely with product, coverage, and segment teams, ensuring that pricing strategies support business objectives, client solutions, and campaign execution.
Job Description
Specialist: Quantitative Analyst
Job Description
- Develop pricing frameworks and trade-off models that reflect cost, risk, and value contribution.
- Define pricing triggers and thresholds to support disciplined pricing decisions and improve margin management.
- Implement tracking mechanisms to monitor adherence and effectiveness of pricing strategies.
- Maintain and continuously enhance customer-level pricing views
- Support integrated decision-making by ensuring data is accurate, up to date, and accessible to relevant stakeholders.
- Drive client profitability analytics and ensure alignment with relationship pricing objectives.
- Ensure consistent application of pricing policies and mandate across business units
- Partner with segment, coverage, and product teams to design pricing strategies that support targeted campaigns and client solutions.
- Provide analytical support to business development efforts, focusing on optimising value for both client and bank.
- Contribute to the development of new pricing capabilities that strengthen Business Banking’s value proposition.
- Streamline pricing processes to enhance efficiency and customer experience
- Build and maintain cashflow forecasting models to simulate pricing scenarios and revenue outcomes.
- Analyse the financial impact of pricing decisions under different market or strategic assumptions.
- Translate pricing and profitability insights into actionable intelligence for segment teams.
- Support a deeper understanding of the commercial value generated by customer activity, product usage, and pricing lever
Education and Experience Required
- Bachelor's degree in Statistics, Economics, Actuarial Science, Mathematics, Engineering or a related field.
- Postgraduate degree or professional qualification (e.g. CFA, CA(SA), FRM) advantageous.
- 5–8 years’ experience in pricing, financial modelling, commercial banking, or a related analytics or product role.
- Demonstrated experience in working across functions (e.g., finance, credit, treasury, product, relationship teams).
- Ability to build, develop & lead professional level teams
- Understanding of the financial services sector within a professional business environment
- Knowledge of people change management
Knowledge & Skills:
- Proficiency in data analysis tools (Excel, SQL, Power BI, or Python)
- Banking regulation (Expert)
- Writing & reporting (Advanced)
- Presentation skills (Advanced)
- Understanding of systems used (Advanced)
- Understanding of relevant legislation (Advanced)
- Understanding of corporate controls and checks (Advanced)
- Knowledge of business continuity and contingency (Advanced)
- Computer literacy (Advanced)
- Excellent organisational skills (Advanced)
- Excellent communication skills (Advanced)
- Relationship management and networking (Advanced)
Education
Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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