305 Quantitative Analyst jobs in South Africa

Join the Quants Team at Sygnia Asset Management

Location:
Cape Town | Full-time

Are you passionate about financial markets, data, and uncovering insights through numbers? Do you thrive in environments where innovation meets analytical thinking?
Sygnia Asset Management
, a leading South African FinTech investment firm listed on the JSE, is looking for a
Quantitative Analyst
to join our high-performing team.

At Sygnia, we combine cutting-edge technology with bold, independent thinking. This role offers exposure across the business, with a primary focus on performance analytics, investment reporting, and the opportunity to contribute to broader quantitative research and portfolio analysis.

Key Responsibilities:

• Identify and implement automation solutions to improve efficiency
• Monitor asset allocation across portfolios
• Calculate and verify performance returns and management fees
• Support quantitative and investment-related research initiatives
• Gather, verify, and prepare financial and portfolio data
• Calculate TICs/TERs and support regulatory reporting requirements
• Prepare monthly and quarterly fund and client reports, including Investment Analysis Reports and Fund Fact Sheets
• Develop and maintain presentation materials
• Contribute to external surveys and industry reporting
• Maintain and enhance reporting processes, with a focus on automation
• Perform data controls, resolve discrepancies, and assist with internal and client queries
• Validate benchmark and portfolio returns

Qualifications and Experience:

• Minimum: BSc (with commerce subjects), BBusSci, or BCom
• Strong proficiency in MS Excel
• At least 2 years in a quantitative or data-focused role within finance or investments
• Advantageous: Mathematical sciences background, CFA candidacy, and/or programming skills (e.g., Python, R, SQL)

Core Competencies:

• Strong analytical and numerical reasoning
• High attention to detail with a focus on accuracy and deadlines
• Clear, professional communication skills
• Self-motivated with a strong work ethic
• Accountable and proactive with a collaborative mindset

Why Sygnia?

Sygnia offers the opportunity to work at the intersection of finance and technology. You'll join a fast-paced, innovative environment where new ideas are encouraged and initiative is rewarded. Our structure is flat, our thinking is forward-looking, and our culture is built on performance and purpose.

If you're ready to bring your quantitative skills to an environment that values innovation, autonomy, and excellence, we'd love to hear from you.

Apply now and be part of shaping the future of investing.

Job Requisition Details

REQ:

Closing Date: 15 Oct 2025

Talent Acquisition: Precious Motlhako

Cluster and Location

Business and Commercial Banking

Johannesburg, Sandton

Hybrid

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

Job Purpose

To contribute to the development and maintenance of best practice models and assessment strategies in line with regulations (where applicable) in order to facilitate world class risk management.

Job Responsibilities

• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Contribute to the development of differentiated; superior solutions (solution engineering) that meet stakeholder and business requirements through analysis.
• Ensure product and/or solution design is congruent with the required business specifications through meeting stakeholder requirements timeously.
• Ensure business needs are met by engaging and assisting business through face to face interaction and attendance at forums and committees .
• Assist the business to address queries by extracting and analysing data. Perform ad hoc analysis and complete data requests through monitoring of data as per client specification.
• Ensure continuity and knowledge base through documenting and recording processes and models.
• Provide insights enabling growth through analytical research; systems and marketing insights by delivering analytical results and making recommendations to stakeholders.
• Ensure compliance to policy through data analysis and monitoring. Create efficiencies and streamline processes through analysis.
• Establish understanding of processes by bridging the gap between operational and analytical concepts through communication.
• Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned. Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
• Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Research and make recommendations for corporate citizenship initiatives in area of influence
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

3-year qualification in a Mathematical related BSc, Engineering, CFA, FRM, CQF

Minimum Experience Level

• 1 - 3 years relevant experience in an analytical environment
• Preferred experience in understanding Basel Capital and IFRS 9 Impairments
• Preferred experience in reporting and modelling

Technical / Professional Knowledge

• Business Acumen
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Quantitative Skills

Behavioural Competencies

• Adaptability
• Applied Learning
• Earning Trust
• Communication
• Stress Tolerance
• Driving for results
• Continuous Improvement
• Technical/Professional Knowledge and Skills

-

Please contact the Nedbank Recruiting Team

Who is Futuregrowth?

Futuregrowth has been South Africa's leading developmental, responsible and fixed-income investor for over 25 years. We manage a range of fixed interest and development funds and play a key leadership role in the South African asset management industry. We are committed to investing our clients' funds in a responsible manner, with the interests of our clients always coming first.

Purpose of the position

This is an analytical role with specific focus on macroeconomic and policy developments and their implications for the local interest rate market. Reports to the Head of Interest Rates. This position is based in Rondebosch, Cape Town.

Key responsibilities of the position

1. Performing fundamental macro-economic and quantitative research, with emphasis on the local bond market;
2. Making recommendations on investment opportunities to the Interest Rate team;
3. Regular and effective communication of market views and performance to key internal and external stakeholders; and
4. Developing and maintaining econometric models and databases using Excel, R, Python, etc.

Knowledge and experience required

o Minimum 3 years work experience in a relevant analytical or risk management role,

o Sound macroeconomic understanding, complimented by strong quantitative skillset (mathematics, statistics, econometrics, etc.); and

o Coding proficiency in at least one programming language (Python/R, etc.).

Technical/professional qualifications:

o Strong academic credentials.

o Master's degree in mathematics, statistics, econometrics or similar is required; and

o CFA, FRM, CQF or similar would be advantageous.

Key behaviours and competencies:

o Energised team player;

o Diligent, hardworking self-starter;

o Strong problem-solving skills;

o Strong communication skills;

o Excellent planning and organising skills;

o High attention to detail;

o High stress tolerance;

o Curiosity and willingness to learn; and

o Demonstrable drive, purpose and initiative.

Recruitment process:

Selected candidates will need to attend a series of competency-based interviews/ activities

and a psychometric assessment.

Requisition Details & Talent Acquisition Consultant

REQ Thembi Mtshali

Location: Johannesburg

Closing date: 10 October 2025

Job Family

Investment Banking

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

Job Purpose

The validation of the models used for the calculation regulatory and economic capital as well as credit impairments and the rating processes. This is to contribute to the goal of best practice models in line with regulations and accounting standards (where applicable) in order to facilitate world class risk management.

Job Responsibilities

The role provides in-depth exposure to the bank's credit risk measurement models used for the calculation of regulatory and economic capital, as well as credit impairments. Your work will be focused on Retail credit models and you will be required to interact with senior modellers on a regular basis. The role offers high visibility as analyses and reports will be tabled at board level committees, the South African Reserve Bank (SARB) and the bank's internal and external auditors.

The validation function assures the Board, the external auditors of the bank and SARB of the high standard and regulatory compliance of the credit risk models, the rating processes and IFRS 9 impairment models. You will be required to provide constructive challenge to business and recommend improvements to models as a subject matter technical expert.

The ideal candidate will blend excellent communication, report writing, project management and general credit knowledge with solid technical expertise. Developing challenger models, assisting Nedbank to optimise the number of credit models, and developing your business knowledge will take the team to the next level.

Your analyses and reports are presented at Nedbank Group Board committees, the SARB and the bank's internal and external auditors offering high visibility across the organisation. The divisional culture emphasises development, especially of leadership and behavioural skills, as well as embracing psychological safety. The team will focus on automation, machine learning and expansion into new areas such as credit risk loss forecasting, credit stress testing and anti-money laundering during the medium term. This provides opportunities for development and establishing an organisation wide reputation for the ambitious candidate.

Job Responsibilities Continue

Deliverables

• Quantitative and qualitative validation of credit risk models and data, together with the application thereof.
• Provide input/assistance in the build and refinement of credit risk models within the business clusters.
• Independent development of models to assess potential for improvement on existing ones.
• Keeping abreast with emerging regulatory requirements and modelling techniques in order to fulfil the role as a subject matter expert. Conduct research into model development and validation best practice. Independently develop alternate PD, LGD, EAD models to that currently in use
• Liaising with the business, credit, and senior modellers to ensure that the validation process and feedback are optimised. Preparing and presenting reports to senior management.
• Facilitate improvement in credit risk models and processes.
• Knowledge sharing, research and mentoring of junior staff members and graduates, including skill transfer.
• Document work performed and findings of validations. Prepare balanced and objective written communications to various stakeholders, including SARB, the external auditors of the bank and the Board.
  
  Assisting management with various ad‐hoc tasks, reports, specific deep dives, SARB communication and analysis.

Preferred Qualification

• Honours degree in Statistics/Mathematics/Econometrics/Finance/Actuarial Science or related quantitative discipline.

Minimum Experience Level

• 1 + year Experience in Retail risk modelling, validation or credit management environment – with a strong preference for AIRB or IFRS 9 modelling.

Technical / Professional Knowledge

• Business Acumen
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Quantitative Skills

Behavioural Competencies

• Adaptability
• Applied Learning
• Earning Trust
• Communication
• Stress Tolerance
• Driving for results
• Continuous Improvement
• Technical/Professional Knowledge and Skills

Declaimer

Preference Recruiting Team at will be given to candidates from the underrepresented groups

Please contact the Nedbank.

-

Please contact the Nedbank Recruiting Team

Sygnia Asset Management is an innovative FinTech company based in South Africa and listed on the main board of the JSE. We are looking for a Quantitative Analyst to join our dynamic team. The key focus of the position is performance calculations, reporting, presentations with the opportunity to gain exposure to broader quantitative and investment related topics.

DUTIES AND RESPONSIBILITIES INCLUDE (BUT NOT LIMITED TO):

• Report to Head of Quants
• Identify and Implement automation ideas to improve efficiency of team
• Monitoring portfolio asset class allocations
• Calculation and verification of performance and management fees
• Portfolio and investment related quants research
• Gathering, verification and preparation of data
• Calculation of TICs/TERs
• Preparation of monthly and quarterly Fund and Client reporting, including, but not limited to, Investment Analysis Reports and Fund Fact Sheets
• Preparation of Presentations
• Completing Surveys
• Updating, maintaining and automating various reporting processes as required
• Performing controls and resolving all discrepancies
• Assisting with clients/internal requests
• Validating portfolio and benchmark returns

ROLE QUALIFICATIONS AND EXPERIENCE:

• Strong MS Excel skills
• BSc (with commerce subjects)/ BBusSci/ BCom as a minimum qualification. Mathematical Sciences, CFA candidates and programming experience are advantageous
• A minimum of 2 years within a quantitative role,

CORE COMPETENCIES REQUIRED:

• Strong analytical and numerical skills
• Attention to detail and deadline driven
• Strong Communication skills
• Sound work ethic
• Takes responsibility and accountability for assigned duties
• Proactive
• Ability to effectively operate in a team setting

Requisition Details & Talent Acquisition Consultant

REQ Thembi Mtshali

Location: Johannesburg

Closing Date: 10th October 2025

Job Family

Investment Banking

Career Stream

Quantitative

Leadership Pipeline

Manage Self: Professional

FAIS Affected

Job Purpose

To provide assurance on, insight into, and optimisation of, bank-wide credit risk models, reporting, impairments and credit RWA. To perform business analysis, project management, process enhancement, automation engineering and solution design and implementation of credit risk projects across Group Credit Risk.

Job Responsibilities

The role offers deep exposure to the bank's credit RWA calculation, optimisation and reporting processes with emphasis on working with big data. Your work will be focused on the rules, systems and processes used for the bank's regulatory credit risk reporting.

You will perform many of the functions of a product owner, identifying system improvements and collaborating with business and IT stakeholders to describe, prioritise and drive implementation of system enhancements. You will develop controls and optimise processes to ensure the accuracy, efficiency, and timeous delivery of regulatory reporting to the SARB PA and other stakeholders.

The ideal candidate will blend excellent communication, report writing, project management, data analysis, regulatory expertise and general credit knowledge with solid technical skills to enhance processes, accuracy and efficiency for the calculation of credit RWA and related credit risk reporting and analysis for the entire group.

The role offers high visibility as recommendations, enhancements and status updates are tabled at board level committees, the South African Reserve Bank (SARB) and the bank's internal and external auditors.

The team culture emphasises development, especially of leadership and behavioural skills. Our focus is on automation and digitisation, while our function provides insight and assurance into impairments, credit RWA, concentration risk, portfolio management, risk appetite, peer group analysis, financial disclosures, and various regulatory reports, all of which are presented to executive management and the Board. This provides opportunities for development and growth, and to develop an organisation-wide reputation for excellence.

Job Responsibilities Continue

Job responsibilities include the following:

• Interpret regulatory reforms and assess the impact on credit risk parameters, processes, results, and reporting.
  
  Drive process improvements across the credit risk reporting landscape, including BA returns, ICAAP, Pillar III and Analyst Booklet reports.
• Provide trend analysis and assurance on portfolio movements.
• Identify opportunities for credit RWA optimisation.
• Communicate insights and results to senior stakeholders to facilitate improved accuracy, efficiency, and management of credit risk.
• Be a subject matter expert and provide input and assistance in the interpretation, implementation and optimisation of credit RWA regulations, as well as other related credit risk metrics.
• Project management of key deliverables, including co-ordinating the work and output of team members and contributors across the organisation.
• Documentation of findings, recommendations, business requirements, and project updates. Preparing written communications to various stakeholders, including executive committees, the SARB, external auditors of the bank and the Board.
• Ad-hoc tasks, reports, deep dives, and responding to SARB queries.
• Contribute to a high-performance team culture via collaboration, knowledge sharing, mentoring, sprint planning and retrospectives, daily scrums, and project participation.
• Stay abreast of developments in your field of expertise, ensuring personal and professional growth.
• Understand and embrace the Nedbank vision and values, and lead by example.
  
  Provide assurance on credit RWA allocated across all products in the Group, including adherence to the ap

Essential Qualification

• Post graduate degree in Statistics/Mathematics, CFA/ FRM/CQF

Minimum Experience Level

• 5+ years risk analytics, modelling and management.

Technical / Professional Knowledge

• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Business writing skills
• Microsoft Excel
• Business Acumen
• Quantitative Skills

Behavioural Competencies

• Applied Learning
• Coaching
• Communication
• Collaborating
• Decision Making
• Continuous Improvement
• Quality Orientation
• Technical/Professional Knowledge and Skills

Dicslaimer

Preference Recruiting Team at will be given to candidates from the underrepresented groups

Please contact the Nedbank.

-

Please contact the Nedbank Recruiting Team

Khulisa is seeking CONSULTANTS with Knowledge of ESA 2030 and O3 frameworks.

The programme supports several countries in Africa to work towards a sub-Saharan Africa where
adolescents and young people
(AYP) support the delivery of good quality school-based
sexuality education
(CSE). The programme embeds gender equality and human rights. The purpose of the midterm evaluation is to support learning and improvement.

Quantitative Data Analyst (Deputy Team Lead) with UNESCO and School based SRHR/CE experience: - LOE 30 days estimated

• Master's in statistics, economics, or epidemiology.
• 10+ years'
  quantitative evaluation
  experience.
• Proficient in STATA/SPSS/R.
• Experience with UNESCO Results Frameworks highly desirable.
• Experience in School based SRHR/CSE (adolescent)

Expert needed in Sexual and Reproductive Health and Rights / Comprehensive Sexuality Education (SRHR / CSE)
- LOE 25 days estimated

• Advanced degree in public health, gender studies, or education.
• 10+ years' SRHR/CSE policy and program experience.
• Knowledge of ESA 2030 and O3 frameworks.
• Experience in School based SRHR/CSE (adolescent)

Kindly regard your application unsuccessful should you not hear from us in 5 to 7 days. We will only contact shortlisted candidates.

Senior Quantitative Analyst – Application Scoring

Location:
Johannesburg

Industry:
Banking

Are you a seasoned
Quantitative Analyst
with deep expertise in
credit risk modeling
,
application scoring
, and
feature engineering
? This role offers the opportunity to design and lead cutting-edge scoring initiatives that influence strategic credit decisions across multiple industries — including the fast-growing
SME lending
sector.

About the Role

As a
Senior Application Scoring Specialist
, you'll take ownership of developing, refining, and deploying advanced
scorecards and predictive models
. You'll partner closely with senior stakeholders to align analytics with business strategy, innovate in data-scarce environments, and mentor a team of junior data scientists and analysts.

This position combines
technical excellence
,
thought leadership
, and
strategic impact
— ideal for someone who thrives at the intersection of data, business, and innovation.

Key Responsibilities

• Design, develop, and review
  application scorecards
  , including
  reject inference
  and model validation.
• Lead
  feature engineering
  initiatives to enhance model accuracy and business interpretability.
• Collaborate with commercial and risk teams to align scorecard design with business objectives.
• Apply scoring methodologies across multiple industries (e.g., banking, retail, fintech, insurance).
• Innovate in
  low-data environments
  , particularly within the
  SME lending
  space.
• Drive
  model governance
  , documentation, and adherence to best practices.
• Mentor and upskill junior data scientists through structured learning and real-world projects.
• Present analytical insights and recommendations to
  executive stakeholders
  .
• Oversee multiple modeling projects concurrently in an agile, collaborative environment.
• Lead
  PD model development
  and guide best practices for behavioral modeling.

Required Experience

• Minimum
  8 years' experience
  in
  application scoring
  and
  credit risk modeling
  , with a strong delivery record.
• Proven expertise in
  scorecard development
  ,
  reject inference
  , and
  model validation
  .
• Advanced knowledge of
  feature engineering
  ,
  data preprocessing
  , and
  predictive modeling
  .
• Comfortable working across sectors and adapting techniques to new data environments.
• Skilled at developing robust models with limited or imperfect data.
• Strong communicator — capable of influencing and presenting to senior executives.
• Experience mentoring teams and driving technical excellence.
• Proficiency in
  SAS
  (essential) and
  Paragon Modeler
  (advantageous).
• Hands-on experience with
  model deployment
  and performance monitoring.

Preferred Attributes

• Exposure to
  SME or alternative credit scoring
  environments.
• Familiarity with
  machine learning
  in scoring contexts.
• Experience generating new features to improve model performance.
• Ability to thrive in
  agile
  , cross-functional teams.

Qualifications

• Bachelor's degree in
  Mathematics
  ,
  Statistics
  ,
  Mathematical Statistics
  , or
  Engineering
  .
• Postgraduate qualification will be advantageous.
• SAS proficiency is a must.

Why You'll Love This Role

• Lead
  high-impact scoring projects
  that influence credit strategy and financial inclusion.
• Collaborate with a
  dynamic, innovative team
  shaping the future of credit analytics.
• Opportunity to
  define best practices
  and establish thought leadership in the SME scoring landscape.

If you're passionate about blending data science, credit strategy, and real-world impact — this is the challenge you've been looking for.

Stefan Pretorius

Recruiter

*Apply By *
:
We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

• To see what life at Capitec is all about and complete a short assessment, please click here
• Once you have completed the above finalize your application by clicking apply below

*Purpose Statement *

• To embed, optimise and maintain the accuracy of complex pricing or financial frameworks and all related models through:

• Running and enhancing existing complex pricing and financial models, and building components of new models for a business function.

* *Experience*
*Minimum:

• Honours Degree with 1 – 3 years' experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial models.
• OR Masters Degree with 0 – 2 years of experience in an analytical capacity, working in a dynamic, mathematically complex environment – focusing on financial models.

*Ideal: *

• Capitec Bank experience

* *Qualifications (Minimum)***

• Honours Degree in Mathematics or Statistics

* *Qualifications (Ideal Or Preferred)***

• Masters Degree in Mathematics or Statistics

*Knowledge
Minimum: *

• Forecasting / budgeting
• Advanced statistical analysis
• Advanced financial mathematics
• Business specific / functional principles (for example, Credit Pricing and Provisioning)

*Ideal: *

• Domain specific knowledge, for example credit pricing or provisioning principles.
• Relevant legislation and regulatory frameworks (for example, Basel, IFRS 9).
• Impact of the economic, operating and regulatory environment on financial and pricing strategies.

* *Skills***

• Analytical Skills
• Attention to Detail
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Numerical Reasoning skills

*Conditions of Employment *

• Clear criminal and credit record

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.