Senior Credit Risk Quant Analyst

Old Mutual; Cape Town; On-site; ZAR 1,400,000 - 2,200,000; Full time

Job summary

Old Mutual in Cape Town seeks a Senior Quantitative Credit Specialist to own the credit risk modelling framework, validate models, and deliver portfolio-level analytics to support investment, capital and risk decisions.

The role requires deep quantitative expertise, experience with risk models, and collaboration with risk, actuarial, finance and technology stakeholders. Closing date is 02 November 2026.

Qualifications

• Honours or Masters in Actuarial Science, Statistics, Mathematics, or related field.
• 8–12 years of quantitative credit analysis and model development/validation.
• Experience applying models to investment transactions and portfolio risk.
• Proficient in Moody’s RiskFrontier or similar platform.
• Advanced Excel and Python/SQL for data analysis.

Responsibilities

• Own and govern GCI’s credit risk modelling framework and methodology inventory.
• Validate models and ensure governance, reporting and remediation.
• Provide quantitative analysis to support investment decisions and risk reporting.
• Support systems development translating model risk into functional requirements.
• Produce Moody’s RiskFrontier outputs and stress-testing analyses.

Skills

Quantitative risk modelling

Credit risk modelling

Moody’s RiskFrontier

Python

SQL

Excel

Data analysis

Education

Honours/Masters in Actuarial Science or related

Tools

Moody’s RiskFrontier

Job description

Old Mutual in Cape Town seeks a Senior Quantitative Credit Specialist to own the credit risk modelling framework, validate models, and deliver portfolio-level analytics to support investment, capital and risk decisions.

The role requires deep quantitative expertise, experience with risk models, and collaboration with risk, actuarial, finance and technology stakeholders. Closing date is 02 November 2026.