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South Africa: Lead Data Scientist (Python, R, AWS) (Credit/Fraud) – Stellenbosch Cape Town – up to R1.8mil CTC posted by E-Merge

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Job Description

Are you a visionary in AI and machine learning, ready to shape the future of data-driven banking?

Join one of South Africa’s top banks as a Lead Data Scientist, driving innovation in credit, fraud detection, and customer intelligence. You’ll lead high-impact AI initiatives, mentor emerging data talent, and shape the strategic direction of data science within the business.

Responsibilities:

  • Lead the end-to-end design, build, and deployment of predictive models that power smarter decisions and stronger customer trust.
  • Drive the bank’s AI and ML strategy, positioning it as a leader in intelligent automation and data innovation.
  • Mentor and guide junior data scientists, fostering a high-performance, collaborative team.
  • Partner with executive stakeholders to translate complex business challenges into scalable AI solutions.
  • Champion data governance, ethical AI, and regulatory compliance across all projects.
  • Act as a thought leader in applied machine learning and AI innovation within financial services

Qualifications and Experience:

  • PhD or Master’s in Data Science, Machine Learning, AI, Statistics, or Applied Mathematics.
  • 10+ years in data science or ML-focused roles, with proven leadership experience.
  • Proven delivery of production-grade ML models in banking, fintech, or high-stakes industries.
  • Strong proficiency in Python or R, statistical modeling, and SQL/NoSQL databases.
  • Advanced experience in:
    • Credit Scoring: Logistic Regression, XGBoost, LightGBM
    • Default Prediction: Random Forest, GBMs, Logistic Regression
    • Loan Approval Automation: Decision Trees, GBMs
    • Fraud Detection: Neural Networks, Isolation Forest, SVM
    • Collections Prioritization: Clustering, Gradient Boosting
    • Customer Segmentation: K-means, DBSCAN, Hierarchical Clustering
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The Reference Number for this position is NG60795 which is a Permanent Hybrid position based in Cape Town offering a cost to company of up to R1.8mil CTC negotiable on experience and ability. Contact Nokuthula at *****@*****.co.za or call her on (***)***-**** to discuss this and other opportunities.

Are you ready for a change of scenery? E-Merge IT recruitment is a specialist niche recruitment agency. We offer our candidates options so that we can successfully place the right developers with the right companies in the right roles. Check out the e-Merge website www.********.co.za for more great positions.

Do you have a friend who is a developer or technology specialist? We pay cash for successful referrals!



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