Saturday , September 23 2023

African Bank Vacancies – Data Scientist

  • Full Time
  • Midrand

Website African Bank Limited

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