Capitec Bank is a South African commercial bank. As of February 2017 the bank was the third largest in South Africa with 120,000 customer opening new accounts per month.
To simplify banking, we’ve developed an all-inclusive banking solution. Global One is the one solution that enables you to transact, save and access credit in realtime. We also believe in ...
Read more about this company
You will play a crucial role in shaping the financial strategy for a variety products, including mortgages, term loans, overdrafts, and credit cards.
Your work will directly impact the financial health of the business through:
Forecasting and Budgeting: Develop advanced financial models to project future defaults, credit losses, and provide for them upfront according to ES-9 standards, ensuring comprehensive budgeting for business products.
Advanced Analysis: Apply advanced statistical analysis and financial mathematics to assess risk, defaults, and pricing strategies, influencing key business decisions.
Regulatory Compliance: Ensure financial projections and provisioning are aligned with relevant legislation and regulatory frameworks such as Basel and IFRS 9, staying informed on the impact of economic, operating, and regulatory changes.
Framework Development: Contribute to the development and execution of monitoring and measuring frameworks for financial performance and risk, supporting business strategies and financial goals.
Mentorship: Provide guidance and mentorship to junior team members, fostering knowledge sharing and continuous improvement while playing an integral role in the professional growth of the team.
The Experience & Skills You Need
Qualification in Actuarial Science, Financial Risk Management, Mathematical Statistics, or Operations Research.
3+ years in financial modelling/ credit pricing and provisioning
Proficiency in SQL, Excel, SAS, Python, or R for financial modeling and data analysis.
Solid understanding of advanced statistical analysis, financial mathematics, and regulatory frameworks such as Basel and IFRS 9.
Gmail
Yahoomail