We are looking for a Junior Product Analyst to join our Liquidity Product team. The successful candidate will be responsible for extracting and analyzing data to create meaningful management information that will help steer the business forward. You will assist the product manager and portfolio head with analytics that drive P&L and support management actions to sustain and grow the portfolio. Additionally, you will perform administrative tasks to ensure product risks are mitigated and the BAU portfolio runs smoothly

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 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.