Johannesburg: Quantitative Analyst | Contract posted by IQbusiness South Africa

March 1, 2026 Jobs in Central Johannesburg

IQbusiness South Africa

Gauteng

Accounting / Finance

Job Description

We are seeking Quantitative Analysts for a project within a banking client. The role focuses on the development, implementation, and monitoring of credit and operational risk models, with a strong emphasis on predictive analytics and regulatory modelling. Skilled professionals will apply advanced statistical techniques to large, complex financial datasets, delivering robust, well-governed models aligned to business and regulatory requirements. SAS is the primary modelling environment, with additional use of R, SQL, Python, and VBA. Key Responsibilities: Develop, implement, and optimise credit risk and operational risk models, including: Basel II/III regulatory capital models (PD, LGD, EAD) IFRS 9 impairment and expected credit loss models Application, behavioural, and collection scorecards Perform statistical analysis, forecasting, segmentation, and cohort analysis across the credit lifecycle. Conduct data extraction, cleansing, and transformation using SAS, SQL, and supporting tools. Build and maintain model performance monitoring and validation metrics (e.g. stability, discriminatory power, calibration). Produce clear model documentation and analytical insights for internal stakeholders and clients. Design management information and analytical dashboards to support credit risk decision-making. Automate modelling and reporting processes and contribute to first-principles, innovative model development. Requirements: 3 years experience in quantitative analysis or statistical modelling within credit or financial risk. Strong hands-on experience with SAS (Base/STAT/Enterprise Guide or similar). Working knowledge of SQL, with exposure to R, Python, or VBA. Solid understanding of credit risk modelling, including scorecard development and impairment modelling. Exposure to banking or insurance environments and familiarity with the credit lifecycle. Ability to translate complex quantitative outputs into clear, business-focused insights. Please Note: As all IQbusiness roles require honesty in the handling of or access to cash, finances, financial systems, or confidential information; our recruitment process requires that the following background checks be completed: credit, criminal, ID, and qualification verification. IQbusiness is committed to sustainable growth and transformation, we embrace diversity and employ previously disadvantaged individuals.

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About Accounting / Finance Jobs in Gauteng

In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.

When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.

Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.

Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.

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For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.

This information provides general career guidance. Actual salaries and requirements vary by employer.

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