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

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Job Description

About the Role

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. As a visionary in AI and machine learning, you’re ready to shape the future of data-driven banking.

Key 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.

Requirements

  • 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.

Qualifications

  • PhD or Master’s in Data Science, Machine Learning, AI, Statistics, or Applied Mathematics.

Salary & Benefits

The Reference Number for this position is NG60795, 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 .za or call her on (***)***-**** to discuss this and other opportunities.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Other IT/Computer Jobs in Western Cape

The Western Cape, situated on the south coast of South Africa, is home to a thriving IT industry that offers a diverse range of career opportunities for professionals with expertise in various fields.

The job market in the Western Cape is highly competitive, with many major companies and startups operating in the region. The province’s strategic location, combined with its well-developed infrastructure, makes it an attractive hub for businesses looking to establish themselves in Africa. As a result, there is a high demand for skilled IT professionals who can support the growth of these companies.

The average salary ranges for IT professionals in the Western Cape are as follows: software engineers and developers can expect to earn between R800 000 to R1 200 000 per annum; data scientists and analysts can range from R600 000 to R900 000; cybersecurity specialists can earn anywhere from R500 000 to R800 000; and IT project managers can command salaries ranging from R400 000 to R700 000. These figures are based on industry standards and may vary depending on factors such as experience, qualifications, and company size.

To succeed in an IT career in the Western Cape, professionals need to possess a range of key skills, including programming languages (Java, Python, C++), data structures and algorithms, software development methodologies, cloud computing (AWS, Azure, Google Cloud), cybersecurity principles, and excellent communication skills. Additionally, knowledge of industry-specific tools and technologies, such as SAP or Oracle, can be highly valued.

Several major companies and industries are actively hiring IT professionals in the Western Cape. For example, tech giants like IBM and Dell have a strong presence in the region, while financial institutions such as Standard Bank and First National Bank also have significant IT departments. The automotive industry is another major sector that employs IT professionals, with companies like Toyota and Volkswagen having operations in the province.

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Career growth opportunities are plentiful for IT professionals in the Western Cape, with many companies offering training and development programs to help employees upskill and reskill. With experience, professionals can move into senior roles such as technical lead or manager, or transition into related fields like business analysis or consulting. The region’s entrepreneurial spirit also makes it an ideal location for startups, providing opportunities for IT professionals to launch their own businesses or join innovative companies that are shaping the future of technology.


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



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