Team Leader: Credit Pricing and Provisioning

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Date: 11 Nov 2026

Location: Sandton, ZA

Company: Capitec Bank Ltd

Lead the models behind better credit decisions

At Capitec, credit modelling isn't simply about producing numbers. It's about making sure the models behind our lending decisions are robust, relevant and able to evolve as our business grows.

We're looking for an experienced quantitative professional to lead a specialist team responsible for the development, optimisation and ongoing performance of our credit provisioning and pricing models.

This is a role for someone who combines deep technical modelling expertise with people leadership. You'll lead a team of analysts, but you'll also remain close to the technical work, challenging methodologies, guiding model development and helping solve complex modelling problems.

The role is particularly focused on ensuring that models are methodologically sound and IFRS 9 compliant, while developing and enhancing models across the Business Banking product portfolio.

What you'll be doing

 

Lead the design, development, testing, implementation, monitoring and enhancement of credit provisioning and pricing models.Guide the development and refinement of IFRS 9 / Expected Credit Loss models, including key components such as PD, LGD and EAD.Ensure models are statistically sound, appropriately governed and fit for the different credit products they support.Remain hands-on in the modelling environment, providing technical direction and challenging methodologies and assumptions.Lead, coach and develop a specialist team of analysts.Drive forecasting, stress testing, model monitoring and analysis to understand expected versus actual portfolio performance.Translate complex quantitative analysis into clear recommendations for senior stakeholders.Explain model methodologies, developments and changes to governance structures, senior stakeholders and executives.Work with stakeholders across Credit, Finance, Risk and related functions to ensure models support sound business decision-making.

Who we're looking for

You'll bring substantial experience working in a mathematically complex analytical environment, with a strong foundation in financial and credit risk modelling.

You should have:

  • An Honours degree in Mathematics, Statistics or a closely related quantitative discipline, with approximately 7+ years' analytical experience, or a relevant Master's degree with approximately 6+ years' experience.
  • At least 3 years' experience in credit pricing and/or provisioning.
  • Strong, practical IFRS 9 provisioning / impairment modelling experience.
  • Demonstrable experience developing models, rather than only consuming model outputs, running reports or producing dashboards.
  • Experience in credit risk model development, monitoring or validation.
  • Strong knowledge of Expected Credit Loss, provisioning and financial modelling.
  • Previous leadership, people-management or supervisory experience.
  • Experience engaging senior stakeholders and presenting complex analytical concepts clearly.
  • Working capability in quantitative tools such as SAS, R, SQL and Python.

Qualifications (Minimum)

  • Honours Degree in Mathematics or Statistics

Qualifications (Ideal or Preferred)

  • Masters Degree in Mathematics or Statistics

Conditions of Employment

  • Clear criminal and credit record