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Job Summary

Absa’s Corporate and Investment Banking (CIB) Technology team delivers specialized regulatory technology solutions to support the organisation’s Markets business. The Regulatory Technology (Reg Tech) team is dedicated to ensuring the seamless operation, enhancement, and maintenance of all regulatory and compliance-related processes.

This function involves managing complex regulatory reporting requirements, which demand proficiency in modern development tools to extract, transform, and transmit data to both local and international regulatory bodies. Data is sourced from multiple systems and repositories (internal & external), then formatted to meet specific regulatory standards before being compiled into compliant reports.

We are seeking a Product Engineer / developer with proven experience in Financial Markets (Trading). The ideal candidate will possess a strong understanding of business data requirements, coupled with deep subject matter expertise in data engineering. This role requires the ability to define data architecture strategies, lead the deployment and implementation of scalable data solutions, and continuously optimize data retrieval, cloud storage, and distribution across the enterprise.

Job Description

Job Description

Key critical requirements: 

• Minimum 3 years of experience in Banking / Investment Banking / Capital Markets IT domain 

• Minimum 3 years of experience in data engineering development. 

• Strong technical skills: Software design and development, Data management, AWS Cloud, AWS Data Flow, Standardised data lakes, Python, Business analysis, quality assurance, change release management. 

• Take ‘one stop shop’ accountability for the retrieval, storage, processing & distribution of data across a business area (data eco-system). 

• Assemble large, complex data sets to meet functional / non-functional requirements to best big data practices. 

• Source data from internal and external data sources, engaging with technical subject matter experts. 

• Build Analytics, reporting and Insights withing AWS cloud 

• Explore, analyse, and profile data from various internal and external data sources, and assist data scientists in preparing data for analytical purposes. 

• Ensure delivered solutions meet Systems Integration and User Acceptance Testing criteria. 

• Productionalise solutions and ensure daily data refresh processes run successfully. 

• Leverage expertise in analytical & creative problem solving to synthesise data solution designs (build a solution from its components) beyond the analysis of the problem 

• Assemble large, complex data sets that meet business requirements & manage the data pipeline 

• Build infrastructure to automate extremely high volumes of data delivery and 

• Creatively solve data volume and scaling challenges. 

• Ensure designs & solutions support the technical organisation principles of self-service, repeatability, testability, scalability & resilience 

• Inform & support the infrastructure build required for optimal extraction, transformation, and loading of data from a wide variety of data sources. 

• Strategically & operationally monitor the performance of data products and services ensuring ongoing optimization & cost to value for our businesses (think bank wide) 

• Stay ahead of the curve on data retrieval, storage & distribution technologies & processes (global best practices & trends) to ensure best practice 

• Excellent interpersonal, communication and stakeholder’s management skills 

• Ability to perform in a challenging and dynamic environment 

 

Preferable: 

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and Absa Policies and Policy Standards. 

• Understand and manage risks and risk events (incidents) relevant to the role. 

• Builds and monitors data pipelines from data retrieval, storage, database design, and distribution of information assets through the organization. 

• Data ingestion to the cloud from different source systems and via different servicing e.g. API, CS, flat file etc.  

• Database Design 

• Data Integration 

• Software Development Life Cycle (SDLC) 

• Data Modeling 

• Requirements Gathering 

• Process Mapping 

• Effective communication 

• Time Management 

• Technical Knowledge 

• Experience in AWS, ASQL, C# .net, C++, MS SQL, XSLT, Kafka, Data modeling tools etc. 

• Experience in API creation/pulling data via an API, Integration tools, automation tools and regulatory reporting technologies, FIX Protocols and other. 

• Functional skills required: In depth understanding of asset classes such as Equity, Fixed Income, Credit, FX, commodities, Interest Rates, Collateral, high level is all derivatives and non-derivative products and their product lifecycle, Regulatory and risk reporting. 

 

Key accountabilities: 

DevOps 

• Apply critical thinking, design thinking and problem-solving skills in an agile team environment to solve complex technical problems (Front End, Back End and Integration) with high quality solutions 

• Apply general design patterns and paradigms to deliver technical and functional solutions 

• Automate regulatory reporting through appropriate tools  

• Centralize regulatory data 

• Stay ahead of the curve on emerging regulatory and non-regulatory technologies and development practices e.g. scripting languages, containerization etc.  

• Contribute to and in some cases lead all phases of the development lifecycle including e.g. design process. 

• Determine operational feasibility of solutions by evaluating analysis, problem definition, business requirements, solution development and proposed solutions 

• Develop high quality software / application design and architecture in a test driven & domain driven / cross domain environment 

• Quickly produce well-organised, optimized, and documented source code to deliver technical solutions 

• Ensure designs & solutions support the technical organisation principles of self-service, repeatability, testability, scalability & resilience 

• Debug existing source code and polish feature sets. 

• Apply version control and related concepts and techniques 

• Align all application development & development process to Group Architecture, Security & Infrastructure guidelines 

• Work with project & program teams (when required) to plan & manage the development lifecycle e.g. releases, risk management, testing, integration etc. 

• Conduct reviews, performance monitoring & ongoing optimization and maintenance on applications 

• Contribute to the design & evolution of Group Architecture, Infrastructure & associated technical standards for the organization 

Education

Bachelor's Degree: Information Technology

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised