Quantitative Analyst: Model Validation & Risk Analytics

Capitec Bank Ltd.; Stellenbosch; On-site; ZAR 700,000 - 900,000; Full time

Job summary

Capitec Bank Ltd. is seeking a Quantitative Analyst to join the Model Validation team.

You will work on end-to-end validations across multiple domains, take ownership of key deliverables, and build challenge models to ensure accuracy, reliability, and compliance of the bank’s models. The role requires 3–6 years of experience in credit scorecard development and a strong understanding of the credit lifecycle, with collaboration across technical and business teams to support risk management and

Qualifications

• 3–6 years’ experience in credit scorecard building, including developing, validating, and monitoring scorecards for credit risk applications/behaviour models or marketing purposes.
• Experience with data mining used for analyses and predictive modelling.
• Full understanding of the credit lifecycle.
• Strong analytical ability and attention to detail across multiple model types.

Responsibilities

• Validate models end-to-end across domains and take ownership of key deliverables.
• Build challenge models to ensure accuracy, reliability, and regulatory compliance of Capitec's models.
• Collaborate with modelling and business units to support sound risk management.

Skills

Scorecard development

Predictive modelling

Data mining

Credit risk

Education

Bachelor's Degree in Actuarial Science or Statistics

Honours Degree in Mathematics or Statistics

Job description

Capitec Bank Ltd. is seeking a Quantitative Analyst to join the Model Validation team.

You will work on end-to-end validations across multiple domains, take ownership of key deliverables, and build challenge models to ensure accuracy, reliability, and compliance of the bank’s models. The role requires 3–6 years of experience in credit scorecard development and a strong understanding of the credit lifecycle, with collaboration across technical and business teams to support risk management and