Credit Risk Quant Analyst

Old Mutual South Africa; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Old Mutual South Africa is seeking a Group Credit Investment (GCI) Quantitative Credit Analyst to develop and maintain internal credit rating scorecards. You will translate risk drivers into scoring frameworks and work with fundamental analysts to strengthen credit assessments.

The role requires 2–3 years of quantitative modelling experience, programming in Python or R, and strong Excel/financial modelling skills. Familiarity with credit risk and data governance is essential.

Qualifications

• Degree with substantial quantitative content in statistics, mathematics or econometrics, or equivalent.
• 2–3 years of relevant experience in quantitative modelling or credit risk.
• Experience with programming in Python or R and strong Excel/financial modelling skills.

Responsibilities

• Develop, maintain and enhance internal credit rating scorecards and redevelopment where needed.
• Identify economically meaningful risk drivers with credit analysts and translate them into scoring frameworks.
• Test scorecard performance, calibration, back-testing and monitor rating migrations and outputs.
• Prepare development validation and governance documentation for scorecard methodologies.

Skills

Python

R

SQL

Excel

Education

Quantitative degree

NQF Level 7

Tools

SQL

Job description

Old Mutual South Africa is seeking a Group Credit Investment (GCI) Quantitative Credit Analyst to develop and maintain internal credit rating scorecards. You will translate risk drivers into scoring frameworks and work with fundamental analysts to strengthen credit assessments.

The role requires 2–3 years of quantitative modelling experience, programming in Python or R, and strong Excel/financial modelling skills. Familiarity with credit risk and data governance is essential.