Job Description
Hello Future Retail Capital Reporting Team Lead (Data Scientist III)
Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
As part of our talented team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.
We are looking for someone who can take ownership of the regulatory and economic capital calculations across the FNB Retail portfolios. They will lead a team of data scientists and be responsible for ensuring accurate and timely capital reporting submissions. They must be able to interpret insights, address business opportunities and problems, and implement business strategy, with minimal guidance.
Are you someone who can:
- Identify and develop new insights to business problems and apply innovative solutions to make organisational improvements.
- Utilise, refine, and enhance advanced statistical and machine learning models and data analysis to inform decision making and address business needs
- Take control of your own performance by seeking timely, and clear feedback and request training where appropriate
- Build working relationships across teams and functional lines to enhance work delivery, collaboration and innovation.
- Develop, encourage, and nurture collaborative relationships within FNB and across the FirstRand Group.
- Ensure compliance to legislative and audit requirements and adherence to relevant processes.
You will be an ideal candidate if you have:
- Minimum Qualification - B.Sc. (Hons.) or higher, with a focus on mathematics, statistics, and related fields
- Experience – Minimum 5 years, preferably 8 years
- These skills or aptitudes would be beneficial:
- Solid grasp of SAS coding
- Interest in or knowledge of banking regulations and the Basel framework
- Experience in credit risk
- Experience in migrating processes to a production environment
- Experience in managing other professionals
You will have access to:
- Opportunities to network and collaborate.
- Challenging projects, with opportunities to create from the ground up.
- Opportunities to innovate.
We can be a match if you are:
- Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough.
- Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.
The typical responsibility of this role includes:
- Regulatory Capital and Economic Capital Management:
- Implement, or assist the team to implement, changes, enhancements and fixes to the monthly processes.
- Think strategically about how Capital Management fits into the FirstRand Group and put initiatives in place to improve insights and assist business units.
- Oversee monthly Regulatory and Economic Capital runs for the Retail portfolios, ensuring code changes and results are accurate.
- Identify and address anomalies or unexpected movements.
- Update and validate the BA200 data asset for stakeholders.
- Conduct 6-monthly Group reporting and ad hoc analysis for new model impacts (e.g., new capital models to be implemented, Basel Reforms).
- Reporting and Communication:
- Report monthly results, risk reconciliations, and significant events to senior management.
- Manage ERM deliverables and expectations.
- Liaise with product houses on unexplained differences.
- Team Support and Development:
- Review and approve code changes via Git (BitBucket).
- Assist junior team members with report validation and provide guidance.
- Conduct regular check-ins with direct reports to manage workload and address concerns.
- Set up and lead monthly check-in meetings to ensure smooth operations.
- Audit and Compliance:
- Engage with internal and external auditors, providing necessary information and documentation.
- Attend product house Risk monthly meetings to monitor potential capital impacts.
- Continuous Improvement:
- Continuously seek and implement process and code improvements.
- Guide the development of monthly processes to move on-platform and into production environments.
Are you interested to take the step? We look forward to engaging with you further. Apply now!
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#FNB
#LI-NH1
Job Details
Application Closing Date
12/09/24
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.
