Senior Quantitative Analyst – Risk Modelling

About the role

Capitec is expanding its Quantitative Analytics capability within Enterprise Risk Management and seeks a senior quantitative analyst to lead complex modelling across asset‑liability management, liquidity risk, market risk and regulatory metrics.

Key responsibilities

• Lead the design, development and ownership of quantitative risk models, focusing on ALM, liquidity risk, IRRBB, market and counterparty credit risk.
• Support enterprise and board‑level risk metrics, including capital adequacy, liquidity risk and regulatory reporting requirements.
• Translate risk strategy and regulatory frameworks into practical, operational models and insights.
• Work across the full model lifecycle—from data sourcing and preparation to modelling, validation, interpretation and stakeholder engagement.
• Partner closely with Risk, Treasury, Data Engineering and senior stakeholders to ensure models are fit‑for‑purpose and well understood.
• Act as a technical lead and subject‑matter expert, guiding best practice within the quantitative space.

Required profile

• 5–7 years of hands‑on experience in quantitative risk modelling within banking, financial services or risk consulting.
• Strong experience building quantitative models and exposure to regulatory capital and liquidity frameworks (ICAAP, ILAAP, LCR, NSFR, CAR).
• Experience with stress testing and economic capital modelling.
• Minimum honours degree in Mathematics, Statistics or a related quantitative discipline; Master’s degree preferred.
• Professional certifications such as CFA, FRM or PRM are advantageous.

Required skills

• Python or R programming.
• SQL for data extraction.