OM Bank - Credit Quantitative Risk Analyst at Old Mutual Limited

Cape Town, Western Cape, South Africa -

Full Time

Start Date

Immediate

Expiry Date

19 Apr, 26

Salary

0.0

Posted On

19 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Modelling, Data Analysis, Statistical Techniques, Programming Skills, Data Preparation, Feature Engineering, Model Risk Management, Performance Monitoring, Stakeholder Collaboration, Credit Monitoring, Credit Reporting, Regulatory Compliance, Automation, Optimization, Numerical Aptitude, Business Intelligence

Industry

Financial Services

Description

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description As a Credit Quantitative Risk Analyst, you will play a vital role in analysing credit data, developing credit models, and supporting credit risk management processes. Your responsibilities will involve quantitative analysis, risk modelling, and providing insights to optimise lending practices. You’ll work closely with senior analysts and contribute to the bank’s credit risk assessment. KEY RESULT AREAS Credit Risk Modelling and Analysis Assist in developing and maintaining credit risk models such as impairment and regulatory type models, scorecards and Stress Testing. Analyse historical credit data or alternative credit data to identify patterns and risk factors. Use statistical techniques to predict credit risk. Assist in designing and developing Credit Monitoring and Credit Reporting Capabilities to be embedded within the credit platform. Assist with the interpretation of credit monitoring and credit reports. Data Preparation and Feature Engineering Clean and preprocess raw credit data. Create relevant features for credit risk modelling. Sourcing, consolidating and analysing large data sets, utilizing strong programming skills and identifying anomalies/trends. Model Risk Management and Performance Monitoring Adhere to the Model Risk lifecycle standards and processes. Monitor the credit performance on the portfolios, tracking key metrics such as credit loss, NPL ratios, roll rates and market benchmarks. Identify opportunities to streamline credit processes through automation, standardization, and optimization of workflows. Ensure compliance with regulatory requirements. Stakeholder Collaboration Liaising with relevant stakeholders, including IT, Front end, Collections, Operations, Finance and other Risk & Business teamsTranslate technical findings into actionable insights. Present analysis results to senior management. ROLE REQUIREMENTS Bachelor’s degree in Statistics, Mathematics, or related fields. 2 - 4 years' experience in Banking. Minimum 2 years’ experience developing credit risk models and/or quantitative analytics. Regulatory Capital and IFRS 9 experience Proficiency in programming languages (e.g., SAS, Python) is advantageous. Skills Action Planning, Analytics Software, Budget Management, Business Intelligence (BI) Analysis, Computer Literacy, Data Analysis, Data Compilation, Data Controls, Data Interpretations, Data Modeling, Evaluating Information, Numerical Aptitude, Report Review, Solution Analysis, Statistical Analysis Techniques Competencies Business Insight Cultivates Innovation Manages Complexity Optimizes Work Processes Situational Adaptability Strategic Mindset Education Closing Date 24 January 2026 , 23:59 The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question. The Old Mutual Story! Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.

Responsibilities

As a Credit Quantitative Risk Analyst, you will analyze credit data, develop credit models, and support credit risk management processes. You will work closely with senior analysts to contribute to the bank’s credit risk assessment.