Quantitative Analyst

FirstRand; Randburg; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A leading financial institution in South Africa is searching for a Quantitative Analyst to enhance their analytical methodologies and support business strategies. The ideal candidate should have at least 2 years of experience in a data environment and proficiency in Python, SQL, and machine learning. You will be responsible for model training, data manipulation, and collaborating with internal teams. This role offers opportunities for growth and innovation within a supportive work environment.

Benefits

Networking opportunities

Challenging work environment

Innovative projects

Qualifications

• Minimum 2 years' experience in a data environment.
• Experience with machine learning models and analytics.
• Ability to provide model training and support.

Responsibilities

• Develop and optimise quantitative analytical methodologies.
• Provide analytical support and insights for business strategy.
• Engage with validation teams for model review processes.

Skills

Python

SQL

Machine learning

Data mining

Data modelling

Education

B Degree in Maths, Stats, Engineering, Computer Science, Econometrics, Physics or Actuarial Science

Honours Degree

Tools

MATLAB

SAS

S-PLUS

R

PowerBI

Job description

Overview

To build, optimise and implement innovative quantitative analytical methodologies, procedures, and advanced mathematical models that provide analytical support and interpret insights, to address business opportunities and problems and implement business strategy, under guidance against predicted results and deliver according to set processes and procedures.

Responsibilities

• Hello Future Quantitative Analyst Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. We are currently in search of a Quantitative Analyst to plan, build, optimise and implement innovative quantitative analytical methodologies, procedures, products and advanced mathematical models that provide analytical support and interpret insights, using advanced analytics technologies, to address business opportunities and problems and implement business strategy
• Are you someone who can:
• providing model training and model support
• Provide guidance and support for junior members of the team in the development of Credit Models Proactively engage with Credit and the Business units to support understanding of Credit Models by
• Engage with the internal validation team and external auditors, as part of the model validation and review process.
• Resposibilities:
• As an experienced member of the team, you are expected to proactively contribute to the model development strategy and modelling methodologies to improve the credit risk models.
• Optimising existing processes
• Identifying pockets of growth by means of analytical insights
• Data manipulation, data mining, modelling and building analytical solutions using machine learning techniques

You will be an ideal candidate if you have the following

• Minimum Qualification - B Degree Maths, Stats, Engineering, Computer Science, Econometrics, Physics or Actuarial Science
• Preferred Qualification - Honours Degree
• Experience - 2+ years' experience in a data environment,
• Python, SQL, MATLAB, SAS, S-PLUS or R (used for statistical analysis)
• Machine learning
• Data mining and data modelling
• Exposure to PowerBI

You will have access to

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

We can be a match if you are

• Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it

Are you interested to take the step?

• We look forward to engaging with you further. Apply now!

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below 04/02/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.