Strategy Analyst at Absa Bank Limited

Job purpose:

• Assist in the development, implementation and tracking of corporate strategy.
• Responsible for analyzing and evaluating the bank's current strategic initiatives and identifying opportunities for improvement.
• Conducting market research, analyzing industry trends, and evaluating the competitive landscape to help inform the development of new strategic plans.

Key Accountabilities

Market Research and Analysis

• Conduct comprehensive research on the banking industry, including market trends, customer behaviors, and emerging technologies.
• Analyze competitive strategies, market positioning, and performance benchmarks to identify growth opportunities and potential risks.
• Generate reports and insights that help in shaping the bank's strategic direction and response to changing market dynamics.
• Monitor and analyze regulatory changes, compliance requirements, and government policies affecting the banking industry.
• Monitor global economic trends, interest rates, inflation, and other ma Utilize advanced data analytics tools to process and analyze large datasets for deriving meaningful insights, macroeconomic factors that influence the banking industry.

Strategic Planning and Development

• Assist in formulating the bank's strategic goals and objectives by providing data-driven insights.
• Collaborate with strategy teams to develop, refine, and operationalize strategic initiatives in line with organizational goals.
• Evaluate the feasibility and potential impact of proposed strategies, ensuring alignment with the bank's vision and mission.

Financial Modeling and Performance Evaluation

• Create financial models to evaluate the financial impact of different strategic options, including revenue projections, cost analysis, and investment appraisals.
• Monitor the performance of strategic initiatives, track key performance indicators (KPIs), and recommend adjustments to optimize outcomes and achieve set targets.
• Provide financial insights to support resource allocation and budgeting processes aligned with strategic goals.

Stakeholder Engagement and Communication

• Engage with internal stakeholders, including executive leadership and department heads, to gather inputs and perspectives that inform strategic planning.
• Communicate and present strategic recommendations to various stakeholders, ensuring a clear understanding of the rationale and expected outcomes.
• Represent the bank in industry forums and networking events, fostering partnerships and keeping abreast of industry developments.

Qualification & experience

• A Business-related Degree from a recognized university.
• Exposure to Corporate business and strong relationship management skills