Quantitative Analyst – FNB (First National Bank), Part of FirstRand Group

Job Description

Role Overview

To design, develop, validate and optimise advanced quantitative models, analytical frameworks and data-driven solutions that enhance credit risk management, regulatory compliance, and portfolio performance. The role provides deep analytical insight to support strategic decision-making, improve profitability, reduce credit losses, and strengthen model governance, operating with a high degree of autonomy and technical ownership.

Key Responsibilities

• Participate in cross-functional projects to address emerging analytical needs and unlock value across credit lifecycle activities (origination, monitoring, collections, provisioning).
• Use data and analytic insights to provide input into managing credit risk.
• Validate, interpret and create reports and presentations for data analytics, management and relevant stakeholders.
• Provide input into creation of delivery plans for achievement of outputs / deliverables in collaboration with business stakeholders to understand information requirements for strategy delivery and define metrics that track performance.
• Assist in productionilisation of analytics in the approved FirstRand architecture by translating technical data information into practical business information that addresses identified needs.
• Contribute to the development of core analytical capabilities or model libraries using advanced statistical, quantitative or econometric techniques and utilize as appropriate.
• Participate in relevant project related to the businesses overall analytical needs and opportunities.
• Translate business requirements into tangible models utilizing own understanding of the business value of projects, models and processes.

Requirements

• A Bachelors Degree in one of the following (Mathematics, Statistics, Engineering, Computer Science, Econometrics, Physics or Actuarial Science).
• Minimum of at least 3 – 5 years relevant experience in a similar environment.
• Experience in credit analytics.
• Familiarity with banking regulation such as BID-2, IFRS9, risk frameworks and compliance requirements.
• Intermediate to Advanced level skills in either SAS, SQL, Python or R.
• Strong communication and interpersonal skills.
• Intermediate to Advanced level skills in data visualization tools (PowerBi or Tableau).

How to Apply

To apply, please visit: firstrand.wd3.myworkdayjobs.com (REF Code: R53713)

Closing Date: 2026-10-01