Overview
Quantitative Analyst: Financial Modeling Jobs in Stellenbosch, South Africa at Capitec Client Care
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Date:13 Feb 2025
Location:Stellenbosch, Western Cape, ZA
Company:Capitec Bank Ltd
Join Us in Becoming the Best Banking Group in the World!!
We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.
About Our Finance DepartmentOur Financial Management team is at the heart of Capitec’s strategic goals, driving financial excellence,innovation, and long-term business growth. We are transforming into a highly strategic, tech-driven function, leveraging AI, data analytics, and automation to stay ahead of industry trends and continuously improve our financial processes. The role of finance professionals at Capitec is evolving from transactional tasks to more strategic and advisory responsibilities, focusing on real-time insights, integrated systems, anddata-driven decision-making, all while emphasizingsustainabilityand risk management.
Your
Key Responsibilitiesand ImpactRoleYou will play a crucial role in shaping the financial strategy for a variety of products, including mortgages, term loans, overdrafts, and credit cards. Your work will directly impact the financial health of the business through:
Forecasting and Budgeting:
Develop advanced financial models to project future defaults, credit losses, and provide for them upfront according to ES-9 standards, ensuring comprehensive budgeting for business products.
Advanced Analysis:
Apply advanced statistical analysis and financial mathematics to assess risk, defaults, and pricing strategies, influencing key business decisions.
Regulatory Compliance:
Ensure financial projections and provisioning are aligned with relevant legislation and regulatory frameworks such as Basel and IFRS 9, staying informed on the impact of economic, operating, and regulatory changes.
Framework Development:
Contribute to the development and execution of monitoring and measuring frameworks for financial performance and risk, supporting business strategies and financial goals.
Mentorship:
Provide guidance and mentorship to junior team members, fostering knowledge sharing andcontinuous improvementwhile playing an integral role in theprofessional growthof the team.
The Experience & Skills You Need
Qualification in Actuarial Science, Financial Risk Management, Mathematical Statistics, or Operations Research.
3+ years in financial modelling/credit pricing and provisioning.
Proficiency in SQL, Excel, SAS, Python, or R forfinancial modelingand data analysis.
Solid understanding of advanced statistical analysis, financial mathematics, and regulatory frameworks such as Basel and IFRS 9.
We are Capitec
We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable, and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better.
Why choose Us
At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act…
Title: Quantitative Analyst: Financial Modeling
Company: Capitec Client Care
Location: Stellenbosch, South Africa
Category: Finance & Banking
