Quantitative Analyst at The Capitec Bank, Apply now!

Job Details

📌 Job Title: Quantitative Analyst
🏢 Company: Capitec Bank Ltd
📍 Location: Stellenbosch, Western Cape, South Africa
💼 Employment Type: Full-Time
🏠 Work Type: Onsite
🏭 Industry: Banking / Financial Services

Company Overview

Capitec Bank is a leading South African retail bank known for its innovative, simplified banking solutions. The bank leverages advanced analytics and technology to support decision-making, manage risk, and improve customer outcomes.

With a strong focus on data and modelling, Capitec provides a collaborative environment where analytical professionals can grow and make meaningful impact.

Job Overview

Capitec is seeking a Quantitative Analyst to support financial modelling across credit, pricing, and capital planning functions. The role involves running, improving, and developing models that directly influence business decisions.

The successful candidate will work in a high-performance analytical team, contributing to model accuracy, risk assessment, and strategic financial planning.

Key Responsibilities

• Run and maintain advanced financial models for pricing and risk analysis.
• Improve model accuracy by refining assumptions and methodologies.
• Develop and test new model components to meet business needs.
• Analyse complex data and translate findings into actionable insights.
• Monitor model performance and identify optimisation opportunities.
• Collaborate with finance and analytics teams to ensure reliable outputs.
• Support forecasting, budgeting, and capital planning processes.

Qualifications

Education

• Honours Degree in Mathematics or Statistics with 1–3 years’ experience, OR
• Master’s Degree in Mathematics or Statistics with 0–2 years’ experience.

Experience

• Experience working in a mathematically complex analytical environment.
• Exposure to financial modelling, forecasting, or budgeting processes.
• Experience handling complex datasets and statistical analysis.

Skills

• Strong knowledge of financial mathematics and modelling techniques.
• Advanced statistical analysis skills.
• High attention to detail and structured problem-solving approach.
• Strong Excel skills and general computer literacy.
• Ability to communicate complex ideas clearly.
• Analytical thinking and data interpretation skills.

CV Tips

• Start your CV with a summary highlighting your quantitative and modelling experience.
• Include academic projects or work involving financial models or statistics.
• Highlight tools used such as Excel, Python, R, or SAS.
• Showcase your ability to solve complex analytical problems.
• Include any exposure to banking, risk modelling, or regulatory frameworks.
• Keep your CV concise, technical, and results-focused.

Benefits of Joining the Company

• Work with a leading data-driven bank in South Africa.
• Exposure to advanced financial modelling and analytics.
• Opportunity to influence real business decisions.
• Strong learning and development environment.
• Collaborative and high-performance team culture.
• Competitive salary and benefits package.

Company Policy

Capitec Bank is committed to Employment Equity and building a diverse workforce. Recruitment decisions are aligned with South African labour legislation and the bank’s transformation strategy.

Candidates must have a clear criminal and credit record. All personal information will be processed in accordance with applicable data protection laws.