Quantitative Analyst

About the role

• The Model Validation team provides assurance on the accuracy, robustness, and governance of models across Capitec. The unit plays a central role in supporting sound risk management, financial decision-making, and regulatory compliance. Our work spans a variety of domains, including credit risk, finance, capital modelling,and fraud detection. The team collaborates closely with modelling and business units, offering technical challenge and validation expertise to ensure models remain fit-for-purpose in an evolving environment.
• We are seeking a skilled professional to join our team as a Quantitative Analyst. In this role, you’ll work on end-to-end model validations across different domains, take ownership of key deliverables,and build challenge rmodels to ensure accuracy, reliability, and compliance of the bank’s models.

What we are looking for

• Proven 3-6 years’ experience in credit scorecard building, including developing, validating, andmonitoring scorecards for credit risk application/behaviour models or marketing purposes.
• Experience with data mining used for analyses and predictive modelling.
• Full understanding of the credit lifecycle
• Strong analytical ability, with attention to detail and the ability to work across multiple model types.
• A collaborative mindset with the ability to engage effectively across technical and business teams.

Qualifications (Minimum)

• Bachelor's Degree in Actuarial Science or Statistics

Qualifications (Ideal or Preferred)

• Honours Degree in Mathematics or Statistics

Conditions of Employment

• Clear criminal and credit record