Quantitative Risk Analyst

Johannesburg, Gauteng, South Africa

Job Description

Job Summary What You'll Do:
Model Development & Validation

  • Build, refine, and validate credit risk models across the credit lifecycle (PD, EAD, LGD, SICR, ECL)
  • Work with both retail and wholesale portfolios across product types (e.g. amortising loans, revolving credit)
  • Ensure models meet IFRS 9 and Basel regulatory standards
  • Develop data cleaning, diagnostics, transformation, and back-testing tools
  • Code all modelling and data processes in SAS, SQL, or Python
  • Research and apply advanced techniques, including machine learning where applicable
Consulting Delivery
  • Work directly with client teams, management, and auditors during engagements
  • Prepare clear, high-quality documentation and present insights to stakeholders
  • Ensure accurate, timely delivery of model outputs and results
Sales & Marketing Support
  • Contribute to the development of marketing and proposal material
  • Assist in client presentations and proposal pitches
What You'll Bring:
Education
  • Honours degree (or higher) in a quantitative discipline such as Mathematics, Statistics, Actuarial Science, Applied Mathematics, Engineering, or related field
Experience
  • 1-3 years of professional experience, including at least 3 years in credit risk modelling
  • Strong working knowledge of IFRS 9 and/or Basel regulations
  • Hands-on experience coding in SAS and/or SQL (Python is an advantage)
  • Experience working in Excel, PowerPoint, and Word
  • Cloud computing exposure is a plus
Soft Skills
  • Proactive, self-starter with a problem-solving mindset
  • Strong communicator with the ability to simplify complex technical topics
  • Collaborative team player with a solid work ethic
  • Ability to work under pressure and manage deadlines
Why Join?
  • Work on high-impact credit risk projects across leading banks and lenders
  • Be part of a growing, agile, and expert team that values innovation
  • Enjoy hybrid flexibility and a startup-style environment with real career growth
  • Get involved in cutting-edge modelling techniques, including AI and machine learning
Please send your CV to
Should you not hear from us within two weeks please consider your application unsuccessful
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Job Detail

  • Job Id
    JD1492938
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    R10000 - 12000 per month
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned