Job Description
About the Role
We are seeking an experienced Quantitative Analyst to join our team in Stellenbosch, responsible for conducting end-to-end model validations across multiple risk and business domains. The ideal candidate will have a strong background in credit risk modelling and scorecard development, with a passion for analytics and modelling.
Key Responsibilities
- Conduct end-to-end model validations across multiple risk and business domains
- Build challenger models to assess model performance, robustness, and accuracy
- Evaluate model governance, assumptions, methodologies, and implementation
- Analyse large datasets to identify trends, risks, and opportunities
- Perform predictive modelling and statistical analysis
- Validate credit risk, financial, fraud, and behavioural models
- Collaborate with model developers and business stakeholders to ensure models remain fit-for-purpose
- Contribute to strong risk management practices and regulatory compliance
Requirements
- Minimum 36 years of experience in credit risk modelling and scorecard development
- Strong exposure to application and behavioural scorecards
- Experience in scorecard validation, monitoring, and performance tracking
- Proven predictive modelling and data mining capability
- Solid understanding of the end-to-end credit lifecycle
- Strong statistical and analytical problem-solving skills
- Ability to communicate complex findings to both technical and non-technical stakeholders
Qualifications
Degree in Mathematics, Statistics, Actuarial Science, Data Science, Quantitative Finance, or a related quantitative field
Honours degree or postgraduate qualification highly advantageous
Salary & Benefits
Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About IT / Computing / Software Jobs in Cape Winelands
The IT and computing industry is a significant contributor to the Cape Winelands’ economy, with many multinational companies having a presence in the region. Typically, job seekers in this field can expect a dynamic and fast-paced work environment, with opportunities for growth and development. Generally, professionals in this sector are expected to be highly skilled and adaptable, as the industry is constantly evolving.
Broadly speaking, salaries for IT and computing professionals in Cape Winelands typically fall within the following ranges: junior positions (e.g., help desk support, software testing) may expect a salary of around R400 000 – R600 000 per annum, while senior roles (e.g., software development, data analytics) can range from R800 000 to over R1 million. However, it’s essential to note that these figures are broad and can vary greatly depending on factors such as experience, company size, and industry sector. For instance, a more experienced professional working for a larger financial services sector company may earn significantly more than a less-experienced individual in a smaller manufacturing sector organisation.
Common skills required for IT and computing roles in Cape Winelands include proficiency in programming languages (e.g., Java, Python), experience with software development methodologies (e.g., Agile), knowledge of cloud computing platforms (e.g., AWS, Azure), data analysis tools (e.g., Excel, Tableau), and a strong understanding of cybersecurity principles. Other essential skills may include problem-solving abilities, effective communication skills, and the ability to work collaboratively in a team environment.
Industry sectors that commonly employ IT and computing professionals in Cape Winelands include financial services, technology, manufacturing, healthcare, and education. Additionally, many companies in these sectors have operations or facilities located within the region, providing opportunities for job seekers.
Career development is essential for IT and computing professionals seeking to advance their careers. Typically, opportunities exist for professional growth through training and development programs, mentorship schemes, and networking events. Many employers also provide career progression pathways, such as promotions to senior technical roles or transfers to other areas of the business. By staying up-to-date with industry trends, expanding their skill sets, and building strong relationships with colleagues and industry peers, job seekers in this field can create a successful and fulfilling career.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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