Product Economist III
- Full-time
- Business Segment: Personal & Private Banking
Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
To lead the exploration, mining and packaging of advanced insights that identify and model new revenue opportunities, the revenue gaps and cost reduction across an allocated product portfolio. To ensure implementation of product economic solutions / algorithms in partnership with Client Solutions, Client Management, Finance and Credit.
Qualifications
Minimum Qualifications
- Finance & Accounting or Mathematical Sciences First Degree
Experience Required
- More than 10 years' practical experience in leading actuarial, mathematical, financial and statistical modelling or advanced analytics. Practical experience within banking, business markets and lending is essential.
- More than 10 years' experience in scenario analysis, business case development and interactive algorithms. Experience in influencing key business stakeholders.
- More than 10 years' knowledge of income statement and balance sheet drivers. Experience in making commercial trade-offs and building new business models.
Additional Information
Behavioral Competencies:
- Articulating Information
- Checking Details
- Embracing Change
- Empowering Individuals
Technical Competencies:
- Business Acumen (Audit)
- Business Process Design
- Change Control and Management (IT)
- Financial Acumen