Quantitative Analyst

Date: 24 Jul 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:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below.

Turn data into decisions that shape the future of banking

As a Quantitative Analyst specialising in Machine Learning & Data Science you will develop, implement, monitor, and enhance machine learning and advanced analytical models that support strategic decision-making across the Bank. You will apply statistical and machine learning techniques to solve business problems, generate insights from large datasets, and contribute to the development of data-driven products, risk strategies, and customer solutions.

 

What you'll be doing

  • Develop and maintain machine learning, predictive, and statistical models to address business challenges.
  • Analyse large datasets to identify trends, patterns, risks, and opportunities.
  • Perform data extraction, preparation, cleansing, and feature engineering activities.
  • Apply machine learning techniques including:
    • Decision Trees
    • Random Forest
    • XGBoost
    • Classification Models
    • Regression Models
    • Clustering Techniques
  • Evaluate model performance and recommend enhancements.
  • Support model deployment and production monitoring activities.
  • Conduct model testing and performance validation.
  • Develop analytical reports, dashboards, and data visualisations.
  • Collaborate with stakeholders to translate business problems into analytical solutions.
  • Contribute to model documentation, governance, and audit requirements.
  • Stay current with developments in machine learning, artificial intelligence, and advanced analytics.

Experience

Minimum:

  • 2 to 4 years' experience in a quantitative, data science, machine learning, or advanced analytics role.
  • Experience developing, testing, and deploying analytical or machine learning models.
  • Experience working with large and complex datasets using Python and SQL.

Ideal:

  • Experience within banking, financial services, fintech, telecommunications, or a highly data-driven environment.
  • Exposure to credit risk, customer analytics, propensity modelling, fraud analytics, or financial crime analytics.

Knowledge

Essential:
  • Strong Python programming skills.
  • Strong SQL querying and data manipulation skills.
  • Understanding of machine learning methodologies and model evaluation techniques.
  • Statistical analysis and hypothesis testing.
  • Data wrangling and feature engineering.
  • Ability to work with structured and unstructured datasets.
  • Data storytelling and presentation skills.
  • Strong analytical and problem-solving abilities.
Preferred:

Exposure to:

  • TensorFlow
  • PyTorch
  • Databricks
  • AWS, Azure, or GCP
  • MLOps principles
  • Credit Risk Modelling
  • Fraud Analytics
  • Financial Crime Analytics

Location

  • Stellenbosch AND Sandton based will be accepted 

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.