Economist (Data Scientist)

Job Description

Hello Future Economist (Data Scientist) 

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 talent 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. 

Are you someone who can:

• Analyse and conduct research on the global and domestic macro-economic environment and financial markets to assist in developing an economic and financial markets outlook that serves as a strategic input into strategy formulation, budgeting, scenario analysis, portfolio and risk management.
• Analyse large-scale internal bank data (e.g., consumer spending, loan portfolios, mortgage trends) and external datasets (e.g., census, property listings, macroeconomic indicators).
• Build predictive models and dashboards to forecast economic trends, consumer behavior, and property market dynamics.
• Translate data into actionable insights for business strategy, risk management, and customer segmentation.
• Assist in writing, editing and publication and presentation of macro economic analysis at relevant forums
• Build and sustain collaborative working relationships with relevant peers and stakeholders in order to achieve productivity synergies.
• To be regarded as the leading market analytics team in the business, and to utilize this reputation for below the line marketing purposes

You will be an ideal candidate if you:

• Minimum Qualification - Master’s degree in Economics, Data/Computer Science, Statistics or related field
• Experience - 2 - 5 years’ experience in a similar environment,
• Technical skills:
  • Knowledge of data analysis and interpretation
  • Proficient in Python/R, SQL, and data visualization tools (Power BI)
  • Experience with econometric modeling, time-series analysis, and machine learning techniques
  • Familiarity with banking/financial datasets (e.g., credit data, transaction records)
• Experience with development and interpretation of reports

You will have access to:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

We can be a match if you can: 

• Provide specialist advice and support with presentations to Segments and senior management on economical viable conditions
• Keep abreast of trends and changes in the global and local macro economy of a political, economic and financial nature and their respective impact by continuously analysing of the Economic and Banking industry and reporting thereon, including periodic short commentary on relevant news or events in the banking industry
• Develop and/or align governance and compliance policies impacting the business's Economical Environment, to identify and manage risk exposure liability and keeping abreast of regulation and industry developments to advise and guide on key compliance risk issues, enabling informed decision making.
• Forecast, analyse and document economic conditions affecting industry and / or business groups and provide recommendations for strategic decisions on findings from economical and global market analyses.
• Integrate business information, compare, analyse and produce reports to identify trends, discrepancies and inconsistencies for decision making purposes by generating quarterly written overviews of the Banking Industry.
• Participate in specialist communities of practice and contribute positively to own and organisational knowledge improvement.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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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.

25/05/25

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.