Intermediate Data Scientist

Job description

Job Description

We are seeking a Data Scientist to own the end-to-end pricing monitoring and revenue assurance function.

You will design and maintain analytical frameworks to track pricing performance, detect anomalies, and safeguard against revenue leakage.

Your insights will enable timely interventions, protect margins, and drive continuous improvement across pricing operations.

You will require pricing experience, understanding operations and end-to-end pricing implementation, from determination to charging a client.

• Develop and maintain pricing dashboards and automated reports to track rate cards, discounts, and promotions
• Implement statistical and machine-learning models to identify outliers, pricing errors, and revenue leakage risks
• Set up alerting mechanisms that flag irregular price movements or process deviations in near real time
• Partner with finance, sales, and product teams to investigate issues, root-cause anomalies, and recommend corrective actions
• Continuously refine data pipelines, validation rules, and anomaly detection thresholds to enhance accuracy
• Conduct ad-hoc analyses to support pricing strategy, margin optimization, and revenue growth initiatives
• Document methodologies, assumptions, and controls to ensure auditability and compliance
• Maintain expert knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.
  
  
• Ensure compliance is adopted in terms of systems and procedures as laid out by business.
  
  
• Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks.
  
  
• Innovate by finding the best fit solution for the situation such as the flexibility of delivery and customised solutions which result in more efficient outcomes.
  
  
• Plan and perform regular model updates that capture evolving business complexity in current models
• Challenge current models to ensure relevance and accuracy of outputs.
  
  
• Test outputs and accuracy of models to ensure relevance.
  
  
• Use data and analytic insights to provide input into improving customer experience through a better understanding of the customers context to identify monetisation opportunities and monitoring implementation of business decisions to recommend enhancements utilising statistical modelling and data analysis.
  
  
• Adhere to model building policies, standards, frameworks, and governance process.
  
  Assist in developing pricing models by performing analyses and manipulations through data extracted from relevant sources
• and submit to various committees and stakeholders to inform business decisions.
  
  
• Contribute to the development of core analytical capabilities or model libraries using advanced statistical, quantitative or econometric techniques and utilize as appropriate.
  
  
• Collaborate with numerous departments across the business to aid them in the proper use of data to ensure delivery of desired operational results.
  
  
• Participate in relevant project related to the businesses overall analytical needs and opportunities.
  
  
• Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in.
  
  
• Deliver customer experience excellence in own service delivery aligned to Organisational values and service standards.
  
  
• Perform ad hoc requests e.g. trend analysis, behaviour analysis and compare with finance forecast/actuals.
  
  
• Resolve pricing queries by providing required advice, or attending to and resolve issues on the system.
  
  
• Conduct maintenance and data integrity checks of the pricing database and maintain all new pricing codes on the system.
  
  
• Ensure the Product Schedule is always up to date
• Monitor system updates via the exception reports.
  
  
• Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability.
  
  
• Provide input into business requirements.
  
  
• Provide advice on pricing related matters to assist with delivery of the project.
  
  
• Monitor the progress of projects and provide feedback to relevant stakeholders on the status thereof.
  
  

Experience and Education Required

• Mathematics and Statistical Degree
• 4-5 Years Experience within a Data Science Role

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

15/09/25

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis.

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Required Skill Profession

Other General