Quantitative Analyst
Date: 30 Apr 2026
Location: Stellenbosch, ZA
Company: Capitec Bank Ltd
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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:
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Propel your career as a Quantitative Analyst at Capitec!
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 ofand earns the trust of our clients.
About the Team / Role
The Model Validation team provides assurance on the accuracy, robustness, and governance of models across Capitec. The unit plays a central role in supporting sound risk management, financial decision-making, and regulatory compliance. Our work spans a variety of domains, including credit risk, finance, capital modelling,and fraud detection. The team collaborates closely with modelling and business units, offering technical challenge and validation expertise to ensure models remain fit-for-purpose in an evolving environment.
We are seeking a skilled professional to join our team as a Quantitative Analyst. In this role, you’ll work on end-to-end model validations across different domains, take ownership of key deliverables,and build challenger models to ensure accuracy, reliability, and compliance of the bank’s models.
What We Are Looking For
- Proven 3-6 years’ experience in credit scorecard building, including developing, validating, and monitoring scorecards for credit risk application/behaviour models or marketing purposes.
- Experience with data mining used for analyses and predictive modelling.
- Full understanding of the credit lifecycle.
- Strong analytical ability, with attention to detail and the ability to work across multiple model types.
- A collaborative mindset with the ability to engage effectively across technical and business teams.
Qualifications
- Minimum: Degree in Mathematics, Statistics, Actuarial Science or Data Science.
- Ideal or Preferred: Honours Degree in Data Science, Statistics, Mathematics or Acturial Science.
Conditions of Employment
- Clear criminal and credit record
Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.