Specialist: Pricing

Empowering Africa’s tomorrow, together…one story at a time.

Job Summary

To provide advice and support in the development & implementation of pricing activities, enabling the provision of new products and investment portfolio pricing structures; developing reports.
Conduct research and analyse data to identify pricing trends and forecasts.
Support banking product pricing, margin management, and profitability analysis in a regulated and highly competitive environment
Assist with developing the pricing application across Business Banking.
Ensure the deals priced are in line with the overall risk adjusted return objectives of the business.

Job Description

Specialist pricing

• Play a key role in supporting the pricing function initiatives.

• The focus is to provide advice and support in the development and implementation of pricing activities, enabling the provision of new products and investment portfolio pricing structures.

• Support analysis of pricing for banking products including:

• Lending (personal loans, overdrafts, business lending)
• Deposits and transactional accounts

• Assist with margin analysis, Net Interest Margin (NIM), and fee income tracking.

• Analyse the impact of rate changes, FTP, and funding costs on product profitability

• Support in the pricing and structuring of loans across AR Business Banking.

• Assist with the management of pricing inputs in determining pricing levels.

• Support business decision-making by using financial data to provide pricing insights.

• Support the development of models that aid the portfolio management function.

• Support the facilitation of the optimization of value-aligned performance measures (risk adjusted return measures e.g. Return on Risk Weighted Assets, Return on Equity) based on the plans for the BUs.

• Analyze the impact of upcoming regulation that has the potential to impact pricing.

Reporting & Data Support

• Produce regular pricing and profitability reports for management

• Monitor pricing performance versus targets, competitors, and market benchmarks

• Validate pricing inputs and outputs across banking systems

• Support Pricing committees and forums with pricing analytics, including peer benchmarking and market analysis to inform hurdle rate setting and pricing targets.

• Run analytics using Excel and available tools such as, but not limited to, SQL and/or SAS and/or Python and/or Power BI to enhance analysis and preparation of pricing and portfolio insights.

• Assist with the structuring activity across the Business Units.

• Interrogate historic portfolio performance metrics

• Provide sectoral heat maps and sectoral pricing strategies based on the current portfolio composition and economic outlook analysis.

• Develop Key Risk Indicator (KRI) EC triggers for products and sectors.

• Enable and support a culture of risk-based debt pricing across Business Banking.

• Monitor alignment to pricing tools, policies, frameworks and principles across ABB sales force and related users of pricing tools.

Stakeholder Collaboration

• Support Product, Finance and Sales teams with pricing insights

• Respond to pricing queries and assist with deal‑level analysis

• Escalate pricing risks, margin erosion, or anomalies.

• Establish and manage relationships both internally and externally to enhance knowledge and skills.

• Ability to build sound relationships with stakeholders.

• Priorities the output of the team/self, ensuring delivery within deadlines.

• Ability to work well under pressure.

• Ability to absorb large volumes of information and identify the critical parts.

• Understanding complexity and cross-functional work.

• Very strong analytical and quantitative ability.

• Identify and build on financial resource efficiency opportunities.

• Have a good understanding and is up to date with relevant market and economic activity

• Strong financial modelling abilities and data analytics.

• Knowledge of banking products and related financial issues.

• Review and challenge existing / developing financial / statistical models.

• Ability to promote team spirit and culture.

Governance & Regulatory Support

• Support adherence to pricing governance frameworks and approval processes

• Assist with documentation of pricing assumptions and methodologies

• Ensure pricing practices align with regulatory requirements (e.g. Treating Customers Fairly, affordability, conduct standards)

Process Improvement

• Assist in improving pricing tools, templates, and dashboards

• Supporting automation and standardization of pricing reports

Minimum Requirements

Education

• Minimum qualification – Quantitative or Finance degrees e.g. Applied Mathematics, Statistics, Actuarial Science, Econometrics, Finance.

• Preferred qualification – Honors, Masters, CFA/FRM/CA(SA)/CIMA or studying towards these qualifications.

Experience

• 2–3 years’ experience in banking, quantitative regulatory, financial modelling, pricing, or analytical roles

• Graduate programmes, internships, or exposure to banking products advantageous

Technical Skills

• Strong Excel skills (financial modelling, pivot tables, formulas)

• Basic understanding of interest rates, margins, and financial concepts

• Exposure to SAS, SQL, Python, Power BI, or similar tools (advantageous)

• Ability to work with large datasets

Key Competencies

• Strong numerical and analytical skills

• High attention to detail and data integrity

• Strong learning ability and commercial curiosity

• Clear communication and stakeholder engagement

• Ability to work within regulated environments

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (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