Business Analyst – FAK at Absa Bank Limited

Job Description

Business Analyst – FAK at Absa Bank Limited

Job Summary

To transform data into actionable insights, drive strategic decision making across the organization and ensure effective utilization of data for informed business strategies.

Job Description

• Working closely with the leadership of key functions and departments to identify and prioritize opportunities to collect and analyse data that will support key business goals.
• Conduct data analysis on company customers and operational data sets to extract insights and enhance data-driven decision making.
• Develop and implement predictive models to forecast business trends and outcomes.
• Synthesize data into visual and non-visual reports and recommendations that can be shared with key leadership to guide business decisions.
• Consulting with end users / Management on business needs, translating business needs into analytics/ reporting requirements.
• Developing, packaging, and delivering new service offerings related to business intelligence, encompassing clearly defined value propositions, and creating realistic profitability models.
• Develop business intelligence reports – including interactive business intelligence reports, strategic management reports, and ad hoc reports – on a prioritized basis.
• Providing regular analysis and interpretation of data and trends to support decision-making by the management team.
• Continuous assessment of overall company performance and implementation of strategic initiatives.

Education and Experience Required:

• Relevant qualification, e.g. Actuarial, finance, statistics, economics, Insurance, information technology or equivalent expertise.
• Relevant professional qualification from a recognized institution.
• Technical Skills: use of BI tools to mine data sources and look for trends
• Strong Analytical Skills: determining what data trends mean. Being able to analyze the data is crucial
• Business intelligence experience with 4 years of working experience in a similar role at a similar level.
• Track record of substantial success in a similar role at a similar level. With the experience of current best practices and up-to-date ideas on the maintenance and presentation of ‘mission-critical business information for executive teams
• Significant experience of numerical, financial or other analysis and interpretative techniques
• Experience of producing high-level graphical representations of data in an insightful and user-friendly format and an understanding of the best way to communicate analytical information 
• The ideal candidate should have abilities in business acumen; strategy formulation and P& L understanding; data comprehension; data analysis, and project management.
• Problem-solving: Recommend solutions for creating more revenue and reducing loss
• Time Management: work on large projects with many data streams and many deadlines. Being able to manage time is crucial.

Education

Higher Diplomas: Financial Sciences (Required)

Business Analyst – FAK at Absa Bank Limited