Quantitative Credit Modelling Analyst

Recruiter:

Network Recruitment

Job Ref:

NFP016817/Ali

Date posted:

Thursday, May 14, 2026

Location:

Johannesburg, South Africa

SUMMARY:

A leading retail banking group is looking to appoint a technically strong and motivated Quantitative Credit Modelling Analyst to join its specialised Model Validation team.

POSITION INFO:
This opportunity is ideal for a professional who enjoys analytical problemâsolving, thrives in an environment that encourages independent thinking, and is passionate about contributing to robust risk management and regulatory excellence.

In this role, you will provide independent oversight and validation of models used across the bank, spanning areas such as credit risk, capital adequacy, financial forecasting, and fraud detection. You will gain exposure across multiple modelling disciplines and work endâtoâend on validations, from conceptual review through to quantitative testing and final recommendations.

Key Responsibilities:

Perform comprehensive, endâtoâend validation of quantitative models across various banking domains
Develop and implement challenger models to assess performance and robustness
Evaluate model methodologies, assumptions, data quality, and governance frameworks
Deliver clear, wellâstructured validation reports, including findings and recommendations
Partner with technical and business stakeholders to resolve validation findings and enhance model performance

Job Experience and Skills Required:

Education:
- Degree in Mathematics, Statistics, Actuarial Science, Data Science, or a related quantitative field
Experience:
- 3–6 years’ experience in credit scorecard development, validation, and monitoring
- Exposure to application and behavioural credit models and/or marketing scorecards
- Strong background in data mining, predictive modelling, and advanced analytics
- Solid understanding of the endâtoâend credit lifecycle
Skills:
- Strong analytical thinking with high attention to detail
- Ability to manage multiple models and projects simultaneously
- Excellent communication skills, with the ability to engage both technical and nonâtechnical stakeholders
- Collaborative approach with the confidence to provide independent, wellâreasoned opinions

Apply now!
For more exciting Finance vacancies, please visit:
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I also specialise in recruiting within the following areas:

Actuarial Modelling & Valuations
Pricing, Reserving & Financial Reporting
Predictive & Statistical Modelling
Credit Risk Scorecards (PD / LGD / EAD)
IFRS 9 Modelling & Impairments
Capital, Solvency & Enterprise Risk Management
Asset–Liability Management (ALM)

If you have not received any response within two weeks, please consider your application unsuccessful. Your profile will be retained on our database for any other suitable roles or positions.

For more information, contact:
Alicia de Jager
Specialist Recruitment Consultant

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