African Bank Vacancies – Data Scientist

Job Responsibilities:

• Seeks assistance to overcome obstacles as they may arise
• Keeps stakeholders informed of progress
• Review current processes and rules for business opportunities by means of appropriate statistical models
• Understands and delivers on agreed deliverables and business owner’s objectives
• Ensures high quality presentations appropriate for diverse audiences to make informed decisions
• Analyse data in respect of models where outcomes are not in line with expectations to identify causes for variances
• Define and refine the parameters used to flag a transaction for review and analysis and establish the rules to decline a transaction based on the
• potential for fraud. This will help reduce fraud, increase approvals and provide a seamless cardholder experience.
• Understand and interpret specifications of the model from the business by liaising with different stakeholders
• Identify and recommend suitable solutions or changes to fraud and risk rules in writing with evidence of the identified problem
• Monitor models to determine predictive power is maintained on an ongoing basis
• Prepare a project plan in terms of requirements for completion of model
• Engages positively with internal and external stakeholders
• Use VAA and VRM real-time capabilities to promptly identify and respond to emerging fraud patterns and trends.
• Document process followed to determine findings from data retrieval to final outcomes
• Use the combined real-time insights of VAA and VRM to achieve better transaction authorization performance and ongoing improvement to rules.
• Ensure solutions developed can be practically implemented
• Ensure proactive management of the rules with to eliminate possible compromises and threats through fraud detection and enable better decisioning and more effective risk management.
• Build statistical models to drive business strategies
• Monitor the effectiveness of the rules and execute modifications based on emerging fraud trends.
• Prepare a written report of findings for distribution to direct manager for final approval
• Leverage the real-time insights of VAA and VRM to support ABHL risk strategies and risk tolerances.
• Analyse data and verify results in terms of requested information by applying suitable standard and advanced univariate and multivariate statistical techniques
• Develop and maintain an understanding of relevant business processes
• Track account activity, learn from previous transactions and manage the performance of rules.

Job Requirements:

• Facilitation skills
• Degree or relevant qualification with quantitative subjects or relevant professional certification
• Presentation skills
• Report writing skills
• Card risk data experience and Academic experience
• Degree in Data Science or AI or Computer Science or Econometrics or Engineering or Statistics or Actuarial Science or similar or relevant professional certification
• Interpersonal skills
• Optimisation
• Minimum 3 years’ experience in VAA / VRM data management and rules optimisation. 3 years’ experience in data science or analytics or academic or financial role will be an advantage.

Job Details:

Company: African Bank Limited

Vacancy Type:  Full Time

Job Location: Midrand

Application Deadline: N/A

Apply Here

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