Model Validation Analyst

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees.  Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients. 

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through personal experience. By helping our clients manage their financial lives better, we enable them to live better.  

Purpose Statement

To contribute towards the management of model risk in the bank by conducting technical reviews and validations of all models in the bank and further drive improved governance of models in the bank, with specific focus on either 

• models that use machine learning methodologies , or  

• financial models, or  

• predictive models (credit risk scorecards). 

Experience

Min: 

• 2+ years’ relevant modelling experience.  

• Experience in a variety of  model methodologies, either related to: 

• machine learning methodologies  

• financial modelling (pricing, provisioning, capital) 

• predictive modelling (credit risk scorecards) 

• Practical experience in end-to-end model development is a requirement. 

Ideal:

• 3+ years relevant experience in a banking environment. 

• Model review and validation experience. 

• Ability to understand complex modelling techniques, discuss and challenge modelling approaches, and to effectively communicate technical concepts and alternative solutions. 

Qualifications (Minimum)

• Grade 12 National Certificate / Vocational 

• Degree in Data Science, Mathematics, Statistics or similar 

Qualifications (Ideal) 

• Honours Degree in Data Science, Mathematics, Statistics, Actuarial or similar 

Conditions of Employment:

• Clear criminal and credit record 

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you! 

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals