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Quantitative Analyst Vacancies at Capitec Bank

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Website Capitec Bank

Capitec Bank is a leading South African commercial bank and the largest retail bank in the country by client numbers, serving over 24 million active clients.

Capitec Bank is a leading South African commercial bank and the largest retail bank in the country by client numbers, serving over 24 million active clients. It is known for its focus on providing simple, affordable, and accessible banking services through innovative use of technology. Capitec has a strong digital focus, with over 11 million digital clients. Its mobile app is the most used financial services app in South Africa.

Purpose Statement

  • To embed, optimise and maintain the accuracy of complex pricing or financial frameworks and all related models through:
    • Running and enhancing existing complex pricing and financial models, and building components of new models for a business function.

Experience

Minimum:

  • Honours Degree with 1 – 3 years’ experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial models.
  • OR Masters Degree with 0 – 2 years of experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial models.

Ideal:

  • Capitec Bank experience

Qualifications (Minimum)

  • Honours Degree in Mathematics or Statistics

Qualifications (Ideal or Preferred)

  • Masters Degree in Mathematics or Statistics

Knowledge

Minimum:

  • Forecasting / budgeting
  • Advanced statistical analysis
  • Advanced financial mathematics
  • Business specific / functional principles (for example, Credit Pricing and Provisioning)

Ideal:

  • Domain specific knowledge, for example credit pricing or provisioning principles.
  • Relevant legislation and regulatory frameworks (for example, Basel, IFRS 9).
  • Impact of the economic, operating and regulatory environment on financial and pricing strategies.

Skills

  • Analytical Skills
  • Attention to Detail
  • Communications Skills
  • Computer Literacy (MS Word, MS Excel, MS Outlook)
  • Numerical Reasoning skills

Conditions of Employment

  • Clear criminal and credit record

To apply for this job please visit careers.capitecbank.co.za.

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