Data Scientist

Posted 7 Hours Ago
21 Locations
Remote
Mid level
Financial Services
The Role
Build and validate machine learning and statistical models on large structured and unstructured datasets. Apply data mining, distributed processing (Hadoop/Spark/Kafka), and visualization tools to generate insights and integrate model outputs into production systems to support business decisions in financial services.
Summary Generated by Built In
Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

Assist in applying data mining techniques and conduct statistical analysis to large, structured and unstructured data sets to understand and analyse phenomena. Model business problems, discovering insights and opportunities through statistical, algorithmic, machine learning and visualisation techniques, working closely with clients, data and technology teams to turn data into critical information used to make sound business decisions.

  • Assists in building machine learning models from and utilises distributed data processing and analysis methodologies. Competent in Machine Learning programming in R or Python, with supplementary still in Matlab, Java, etc. Familiar with the Hadoop distributed computational platform, including broader ecosystem of tools such as HDFS / Spark / Kafka.
  • Assists various mathematical, statistical, and simulation techniques to typically large and unstructured data sets in order to answer critical business questions and create predictive solutions which drive improvement in business outcomes. Assists analytics and insights across the organisation by developing advanced statistical models and computational algorithms based on business initiatives.
  • Support and implement operational IA plan, rules, methodologies and coding initiatives in order to ensure IA for remediation efforts. Support and implements the strategy for productionalising automation software so that it is accurate and well maintained.
  • Support business integration through integrating model outputs into end-point production systems, incorporating business requirements and knowledge of best practices.

Qualifications

  • First Degree, Information Studies/ Statistics/ Data Science
  • 3-4 years experience working with unstructured data (e.g. Streams, images) Understanding of data flows, data architecture, ETL and processing of structured and unstructured data. Using data mining to discover new patterns from large datasets. Implement standard and proprietary algorithms for handling and processing data. Experience with common data science toolkits, such as SAS, R, SPSS, etc.
  • Experience with data visualisation tools, such as Power BI, Tableau, etc. Proven development experience in software and software engineering. 
  • Understanding of financial services data processes, systems, and products.   Experience in technical business intelligence. Knowledge of IT infrastructure and data principles. Project management experience. Experience in building models (credit scoring, propensity models, churn, etc.)

Additional Information

Behavioural Competencies:

  • Adopting Practical Approaches
  • Articulating Information
  • Challenging Ideas and Exploring Possibilities
  • Interacting with People
  • Providing Insights

Technical Competencies:

  • Data Analysis
  • Database Administration
  • Data Integrity
  • Knowledge Classification
  • Research & Information Gathering

Skills Required

  • First Degree in Information Studies, Statistics, Data Science or related field
  • 3-4 years experience working with unstructured data (streams, images)
  • Competent in machine learning programming in R or Python
  • Supplementary programming skills in Matlab or Java
  • Familiarity with Hadoop ecosystem (HDFS, Spark, Kafka) and distributed data processing
  • Experience with data science toolkits such as SAS, R, SPSS
  • Experience with data visualization tools such as Power BI or Tableau
  • Understanding of data flows, data architecture, ETL and processing of structured and unstructured data
  • Proven software development and software engineering experience
  • Understanding of financial services data processes, systems, and products
  • Project management experience
  • Experience building models (credit scoring, propensity, churn)
  • Knowledge of IT infrastructure and data principles

Standard Bank Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Standard Bank Group and has not been reviewed or approved by Standard Bank Group.

  • Leave & Time Off Breadth Leave options span vacation, study, parental, compassionate/family responsibility, sick/short‑term incapacity, sabbatical, recognition and optional unpaid leave, subject to country practices. This breadth provides flexibility to manage family, study, health, and rest needs.
  • Healthcare Strength Core protection includes medical cover and death/incapacity insurance, with many markets offering permanent health insurance and optional life/funeral or gap‑cover add‑ons. Wellness and counselling programs further strengthen day‑to‑day health support.
  • Fair & Transparent Compensation Formal remuneration materials emphasize equal pay for work of equal value, structured market alignment, and pay‑equity analyses alongside clawback/forfeiture provisions. This governance signals predictable, fairness‑oriented pay practices.

Standard Bank Group Insights

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The Company
HQ: Johannesburg
63,856 Employees
Year Founded: 1862

What We Do

As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.

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