Specialist Data Scientist – Financial Modelling needed at Absa Group Limited
Job title : Specialist Data Scientist – Financial Modelling
Job Location : Gauteng, Johannesburg
Deadline : April 26, 2025
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Job Summary
- Leverage deep data science expertise in advanced statistics, data wrangling, data mining, data analysis, feature engineering &predictive modeling, storytelling, distributed computing & data visualisation, machine learning tools & data intuition to define, build, operationalize & continuously improve data solutions that deliver relevant, quality assured, accurate & commercially impactful data to the business.
Job Description
- Participate in design thinking processes to determine & confirm hypotheses and priority questions / data challenges & related metrics to be solved for
- Translate business questions to be solved into data requirements & define a data solutions to deliver against these requirements
- Proactively partner with the data engineering team to refine the data requirements deliver raw data to Data Science teams for interpretation & analysis
- Design fit for purpose data interpretation & analysis approaches & create customized data models, algorithms, machine learning tools and recommendation engines to achieve the desired business outcomes
- Use advanced data science skills to mine & interpret data. These include but are not limited to: advanced statistics, data wrangling, data mining, data analysis, feature engineering & predictive modeling, distributed computing, machine learning tools & data intuition
- Analyse & interpret complex data sets
- Apply quality assurance frameworks to test model & analysis techniques (e.g. algorithms, models) & overall data quality
- Apply the testing frameworks to monitor and analyse model performance & data integrity on all data assignments
- Produce business insights and recommendations based on data analysis & modeling concluded & where relevant with knowledge and experience of e.g. Databricks, Python, Hadoop, Apache Spark
- Use storytelling and data visualization techniques to maximize impact & deliver a user friendly product to business
- Contribute to the consolidation of data solutions into viable end products (in the language of business) that can be leveraged on an ongoing basis e.g. dashboards, reports etc.
- Present data analysis (trends, insights, forecasts) & findings to business & show tangible business impact to be derived from the data science process
- Facilitate peer reviews & feedback on data solutions
- Refine data analysis based on business & peer reviews
- Contribute to the assessments of the effectiveness and accuracy of new data sources & data gathering techniques
- Promote data literacy with your business stakeholders by sharing best practices and showing tangible business impact & recommendations as a direct result of the the data solutions provided
- Stay ahead of the curve on data science trends & leading practice data science tools and techniques & transition the organisation to advanced methods for the continuous optimization of data
- Develop and retain models on customer behavior, retention and segmentation
- Build algorithms and design experiments to merge, manage, interrogate and extract data to supply tailored reports to colleagues, customers or the wider organization
- Use machine learning tools and statistical techniques to produce solutions to problems
- Assess the effectiveness of data sources and data-gathering techniques and improve data collection methods
- Conduct research from which you’ll develop prototypes and proof of concepts
- Look for opportunities to use insights/datasets/code/models across other functions in the organisation
- Stay curious and enthusiastic about using algorithms to solve problems and enthuse others to see the benefit of your work.
- Development of standardised modelling of behaviour/retention/value in customers
- Maintenance of dictionaries: codes, dimensions, setting up tables etc
- Run and compare models on a regular basis
- Run Cluster specific scenarios to cover specific local issues
- Business process maintenance (segmentation, primacy etc)
- Produce appropriate documentation and training material to enable handover to a BAU team.
- KVD Predictions
- Using and deriving value from implemented models
Accountability: Risk & Governance
- Identify data risks and mitigate these (pre, during & post solution deployment / data delivery)
- Create business cases & solution specifications for various governance processes (if required)
- Apply data quality assurance frameworks and tools to guarantee data quality & data integrity (always) for specific data solutions
- Contribute to risk, governance, compliance & broader regulatory processes as a data science expert (if & when required)
Accountability: People
- Coach & mentor other data scientists
- Conduct peer reviews, testing, problem solving within and across the broader team
The following degrees and/or subjects may be particularly useful:
- Data science
- Industrial engineering
- Mathematics
- Statistics
- Actuarial science
- Business mathematics and informatics
Education
- Bachelor’s Degree: Information Technology
How to Apply for this Offer
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