Quantitative Analyst
Date: 1 Apr 2026
Location: Stellenbosch, ZA
Company: Capitec Bank Ltd
Why this role exists
We rely on accurate, well‑run financial models to make confident decisions. In this role, we strengthen and improve the models that guide key choices across our credit and capital planning work. We do this by running complex models, improving how they perform, and building new model components when the business needs them.
What you’ll do
- Run and maintain advanced financial models that support pricing, impairment forecasting, and capital planning.
- Improve model accuracy and stability by refining assumptions, methods, and model components.
- Build and test parts of new models to meet changing business and regulatory needs.
- Turn complex analysis into clear, practical insights that help our teams make better decisions.
- Monitor model performance over time and identify where we can optimise and simplify.
- Work closely with colleagues across our analytical and finance functions to deliver reliable model outputs.
About our team
We are a quantitative modelling team that supports decision‑making across key financial areas. Our work helps people across the bank understand risk, plan for different economic conditions, and keep our pricing and capital approaches robust. We work in a fast‑moving environment where accuracy, curiosity, and clear thinking matter every day.
Why this role is different
- You’ll have real influence. Our models feed into decisions that matter, and your work will be used and challenged by experienced analytical teams.
- You’ll grow deep technical skill. We work with advanced statistics and financial mathematics, and we care about doing the basics exceptionally well.
- You’ll get broad exposure. You’ll see how economic conditions, regulation, and business strategy connect through modelling.
- You’ll join a supportive, high‑standards culture. We value clear communication, careful thinking, and teamwork.
What we're looking for
An Honours Degree in Mathematics or Statistics, plus 1–3 years’ experience in an analytical role focused on financial models
or a Master’s Degree in Mathematics or Statistics, plus 0–2 years’ experience in a similar analytical role
or a Master’s Degree in Mathematics or Statistics, plus 0–2 years’ experience in a similar analytical role
Experience working in a dynamic, mathematically complex environment
Strong capability in forecasting and budgeting approaches used in financial models
Advanced statistical analysis skills and confidence with complex data
Strong understanding of financial mathematics and how it applies to real‑world modelling
Strong attention to detail and a structured, methodical way of working
Clear communication skills, with the ability to explain complex work in plain English
Strong computer literacy, especially in MS Excel (and working comfort in MS Word and MS Outlook)
Helpful (but not required): banking experience, and exposure to credit pricing, impairment modelling (IFRS 9), capital planning, or relevant regulatory frameworks such as Basel
Conditions of Employment
- Clear criminal and credit record
Ready to make your models matter?
If you enjoy building and improving financial models that guide real decisions, we’d love to hear from you. Apply now and show us how you think, solve, and simplify complex problems.