Model Validation Analyst
Stellenbosch, Western Cape, ZA
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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
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.
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.
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.
About the role:
As a Model Risk Specialist at Capitec, you will play a key role in managing model risk across the bank by conducting technical reviews and validations of a wide range of models, including machine learning models, financial models, and predictive credit risk models. Your expertise will support improved model governance, ensuring all models align with regulatory requirements, internal standards, and best practices.
In addition to your technical work, you will collaborate closely with stakeholders across data science, credit risk, and finance teams, effectively communicating complex modelling concepts and driving solutions. Ideal candidates will have hands-on experience in end-to-end model development, combined with strong skills in Python, R, SQL, and Excel, as well as familiarity with machine learning tools such as TensorFlow or PyTorch.
Our ideal candidate has:
- 3+ years modeling experience within financial institutions
- Degree in Data Science, Mathematics, Statistics, or Actuarial
- Practical experience in end-to-end model development is a requirement.
- Model review and validation experience.
- Python/R experience and relation/Non-relational databases.
- Familiarity with modern deep learning frameworks (Pytorch, Tensorflow)
Ideal:
- The credit lifecycle.
- AWS technologies.
- Banking products experience
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
Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: AWS Banking Credit risk Deep Learning Excel Finance Machine Learning Mathematics ML models Python PyTorch R RDBMS SQL Statistics TensorFlow
Perks/benefits: Career development
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