Quantitative Analyst: Financial Modeling

Join Us in Becoming the Best Banking Group 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. 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. 

About Our Finance Department

Our Financial Management team is at the heart of Capitec’s strategic goals, driving financial excellence, innovation, and long-term business growth. We are transforming into a highly strategic, tech-driven function, leveraging AI, data analytics, and automation to stay ahead of industry trends and continuously improve our financial processes. The role of finance professionals at Capitec is evolving from transactional tasks to more strategic and advisory responsibilities, focusing on real-time insights, integrated systems, and data-driven decision-making, all while emphasizing sustainability and risk management. 

Your Key Responsibilities and Impact

You will play a crucial role in shaping the financial strategy for a variety  products, including mortgages, term loans, overdrafts, and credit cards. Your work will directly impact the financial health of the business through:

• Forecasting and Budgeting: Develop advanced financial models to project future defaults, credit losses, and provide for them upfront according to ES-9 standards, ensuring comprehensive budgeting for business products.
• Advanced Analysis: Apply advanced statistical analysis and financial mathematics to assess risk, defaults, and pricing strategies, influencing key business decisions.
• Regulatory Compliance: Ensure financial projections and provisioning are aligned with relevant legislation and regulatory frameworks such as Basel and IFRS 9, staying informed on the impact of economic, operating, and regulatory changes.
• Framework Development: Contribute to the development and execution of monitoring and measuring frameworks for financial performance and risk, supporting business strategies and financial goals.
• Mentorship: Provide guidance and mentorship to junior team members, fostering knowledge sharing and continuous improvement while playing an integral role in the professional growth of the team.

The Experience & Skills You Need

• Qualification in Actuarial Science, Financial Risk Management, Mathematical Statistics, or Operations Research.
• 3+ years in financial modelling/ credit pricing and provisioning
• Proficiency in SQL, Excel, SAS, Python, or R for financial modeling and data analysis.
• Solid understanding of advanced statistical analysis, financial mathematics, and regulatory frameworks such as Basel and IFRS 9.

We are Capitec

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 a personal experience. By helping our clients manage their financial lives better, we enable them to live better.  

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.  

If you are interested in being part of this dynamic team, on a mission to build the best financial services group 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.