Quantitative Analyst

About this role

Capitec is hiring a Quantitative Analyst for its Model Validation team in Stellenbosch. The team checks that the bank’s models are accurate, sound and properly governed.

The work supports good risk management, sound financial decisions and regulatory compliance across areas such as credit risk, finance, capital modelling and fraud detection.

What you’ll do

• Validate models from start to finish across different business domains.
• Own key deliverables and see them through to completion.
• Build challenge models that test the accuracy, reliability and compliance of the bank’s models.
• Work with modelling and business teams, giving technical challenge and validation expertise.
• Help make sure models stay fit for purpose as the environment changes.

What you need

• Minimum: Bachelor’s Degree in Actuarial Science or Statistics.
• 3 to 6 years of proven experience in credit scorecard building, including developing, validating and monitoring scorecards for credit risk application or behaviour models, or for marketing purposes.
• Experience with data mining for analysis and predictive modelling.
• A full understanding of the credit lifecycle.
• Strong analytical ability with close attention to detail.
• The ability to work across several model types.
• A collaborative approach and the ability to work well with both technical and business teams.
• Advantageous: Honours Degree in Mathematics or Statistics.
• Condition of employment: A clear criminal record and a clear credit record.

Is this job for you?

This role suits a skilled analyst who already works with credit scorecards and predictive models. You should enjoy testing numbers closely and explaining your findings to people outside the technical team.

If you have a statistics or actuarial background and a few years in credit risk, this could be a good match.

Tips before you apply

• Have your degree certificate and a current CV ready, along with proof of your credit scorecard work.
• Give clear examples of scorecards you have built, validated or monitored, and state the years you spent on each.
• Show how you have worked with both technical and business teams, using specific projects as examples.