Quantitative Credit Modelling Analyst

Recruiter:

Network Recruitment

Job Ref:

NFP016804/ZG

Date posted:

Thursday, May 7, 2026

Location:

Stellenbosch, South Africa

Salary:

Annually

SUMMARY:
A leading retail banking group is seeking a driven Quantitative Credit Modelling Analyst to join its Model Validation team. This role is ideal for a technically strong professional who thrives on challenges, enjoys independent thinking, and wants to contribute to robust risk management and regulatory excellence.

POSITION INFO:
You will form part of a specialised Model Validation team responsible for providing independent oversight of models used across the bank. These include models supporting credit risk, capital adequacy, financial forecasting, and fraud detection. The role offers exposure across multiple modelling disciplines and gives you the opportunity to work endâtoâend on validations, from conceptual review through to quantitative testing and final recommendations. Key Responsibilities: Perform endâtoâend validation of quantitative models across various banking domains Develop challenger models to assess model performance and robustness Review methodology, assumptions, data integrity, and governance frameworks Provide clear, professional validation opinions and recommendations Collaborate with technical and business stakeholders to resolve findings Job Experience and Skills Required: Education: Degree in Mathematics, Statistics, Actuarial Science, or Data Science Experience: 3-6 years' proven experience in credit scorecard development, validation, and monitoring Experience with credit risk application and behaviour models and\/or marketing scorecards Strong exposure to data mining, predictive modelling, and analytical techniques Solid understanding of the end to end credit lifecycle Skills: High attention to detail and the ability to manage multiple model types simultaneously Strong communication skills and a collaborative working style For more exciting Actuarial and Analytics vacancies, please visit: I also specialise in recruiting in the following: Actuarial: Life, Short-Term, Health, Pensions, and Quantitative Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning) Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts Pricing: Specialists in Insurance and Financial Products AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists Quantitative: Experts across Banking, Insurance, and FinTech If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles \/ positions. For more information, contact: Zahrah Gani Specialist Recruitment Consultant ð

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