Quantitative Analyst: Model Validation & Credit Risk

Capitec Ltd; Stellenbosch; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Capitec Ltd is seeking a Quantitative Analyst to join the Model Validation team in Stellenbosch. You will perform end-to-end validations across credit risk, finance and fraud-related models, taking ownership of key deliverables and challenging models to ensure accuracy and regulatory compliance.

The role requires 3-6 years’ experience in credit scorecard development and validation, strong data mining and predictive modelling skills, and a solid understanding of the credit lifecycle.

Qualifications

• 3-6 years’ experience in credit scorecard building, including developing, validating, and monitoring scorecards.
• 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 to engage effectively across technical and business teams.

Responsibilities

• Work on end-to-end model validations across different domains.
• Take ownership of key deliverables and build challenge models to ensure accuracy, reliability and compliance.

Skills

Credit scorecard development

Data mining

Predictive modelling

Cross-functional collaboration

Education

Bachelor's Degree in Actuarial Science or Statistics

Honours Degree in Mathematics or Statistics

Job description

Capitec Ltd is seeking a Quantitative Analyst to join the Model Validation team in Stellenbosch. You will perform end-to-end validations across credit risk, finance and fraud-related models, taking ownership of key deliverables and challenging models to ensure accuracy and regulatory compliance.

The role requires 3-6 years’ experience in credit scorecard development and validation, strong data mining and predictive modelling skills, and a solid understanding of the credit lifecycle.