Capitec – Risk Management

Share this post on

To apply, click on the link the link at the end of the posts and all the best with your applications.

Machine Learning Engineer

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

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:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below.

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees.  Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.

Who we are:

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through personal experience. By helping our clients manage their financial lives better, we enable them to live better. 

Why choose us:

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow. 

About the role:

As a Machine Learning Engineer at Capitec is pivotal in shaping and executing the bank’s AI strategy. By collaborating with Data Scientists and Decision Scientists, you’ll enhance their efficiency through the development, implementation, and support of platform improvements. Your contributions will be crucial in positioning Capitec to remain competitive in a rapidly evolving landscape where AI technologies are key strategic differentiators.

This role leverages your deep understanding of machine learning models, from concept to deployment, and expertise in modern software development best practices, big data processing frameworks, and cloud environments whilst sitting in the risk division of the business. You’ll also be working extensively with Python, SQL, and advanced debugging techniques to ensure the delivery of scalable, robust, and production-ready predictive models

Our ideal candidate has:

  • 3+ years of experience in any engineering role
  • Honors degree or higher in any field
  • Python and SQL experience
  • PySpark
  • Big data frameworks – Hadoop/Kafka
  • Github experience or Git

Ideal:

  • AWS experience

Competencies:

  • Simplify and make it easy
  • Earn and extend trust
  • Plan, deliver and raise the bar
  • Curious and continuously learns
  • Act, learn and adapt
  • Inspire optimism and persistence
  • Have courage, disagree and commit

Education

  • Completed an Honors Degree or higher

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

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

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Data Scientist III

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

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:

1. To see what life at Capitec is all about and complete a short assessment, please click here!

2.  Once you have completed the above finalize your application by clicking apply below.

Join us in becoming the best bank in the world!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees.  Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.

Who we are:

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through personal experience. By helping our clients manage their financial lives better, we enable them to live better. 

Why choose us:

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow. 

About the role:

As a Senior Data Scientist at Capitec, your purpose is to drive the Capitec’s AI strategy, with the unique opportunity to shape and own this vision from the ground up. This involves leveraging advanced, practical knowledge of state-of-the-art machine learning principles and techniques—including deep learning, natural language processing (NLP), and reinforcement learning—to develop innovative models and solve complex business challenges. You will be responsible for designing, implementing, and optimising predictive models and intelligent algorithms to uncover actionable insights that drive strategic decision-making across departments.

The role also includes the full machine learning lifecycle, from data preprocessing and experimental design to production-level model deployment. As a Senior Data Scientist, you will gather requirements and manage stakeholder engagement across the business, including executive-level management. Additionally, you will bring expertise in deep learning frameworks such as TensorFlow and PyTorch, while mentoring junior data scientists to foster a collaborative and growth-oriented team environment.

Our ideal candidate has:

  • 8+ years of experience in a Data Science role
  • Hands on experience deploying production ready ML solutions in real-world applications
  • Experience with advanced data science principles including NLP, deep learning, reinforcement learning, or time-series modeling.
  • Python/R experience and relation/Non-relational databases.
  • Familiarity with modern deep learning frameworks (Pytorch, Tensorflow)
  • Stakeholder engagement management.
  • Github experience or Git

Ideal:

  • AWS/Azure/GCP experience 

Competencies:

  • Strategic thinking
  • Leadership ability
  • Problem solving skills
  • Decision making skills
  • Researching skills
  • Project Management skills
  • Planning, organising and coordination skills

Education:

  • Completed a master’s degree or higher

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

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

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Model Validation Analyst

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees.  Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients. 

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through personal experience. By helping our clients manage their financial lives better, we enable them to live better.  

Purpose Statement

To contribute towards the management of model risk in the bank by conducting technical reviews and validations of all models in the bank and further drive improved governance of models in the bank, with specific focus on either 

  • models that use machine learning methodologies , or  
  • financial models, or  
  • predictive models (credit risk scorecards). 

Experience

Min: 

  • 2+ years’ relevant modelling experience.  
  • Experience in a variety of  model methodologies, either related to: 
  • machine learning methodologies  
  • financial modelling (pricing, provisioning, capital) 
  • predictive modelling (credit risk scorecards) 
  • Practical experience in end-to-end model development is a requirement. 

Ideal:

  • 3+ years relevant experience in a banking environment. 
  • Model review and validation experience. 
  • Ability to understand complex modelling techniques, discuss and challenge modelling approaches, and to effectively communicate technical concepts and alternative solutions. 

Qualifications (Minimum)

  • Grade 12 National Certificate / Vocational 
  • Degree in Data Science, Mathematics, Statistics or similar 

Qualifications (Ideal) 

  • Honours Degree in Data Science, Mathematics, Statistics, Actuarial or similar 

Conditions of Employment:

  • Clear criminal and credit record 

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you! 

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

Anti-Money Laundering (AML) Transaction Monitoring Rules Specialist

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to build a brand that we are proud of and earns the trust of our clients.

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better. 

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the Client first, act with Energy and take Ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow. 

Main Purpose

Join our dynamic, innovative team and enjoy a competitive salary, comprehensive benefits, and endless opportunities for career growth in an inclusive, diverse environment. Apply now to shape your professional future with us!

We are seeking a highly skilled and detail-oriented AML Transaction Monitoring Rules Specialist to join our AML team. The ideal candidate will have proven experience in optimising automated transaction monitoring systems using relevant data and analytical tools, while having a firm understanding of financial crime regulatory environment.

This role is critical in ensuring Capitec discharge its transaction monitoring obligations by effectively assessing risks, implement new rules, and optimising existing transaction monitoring rules according to the bank’s risk appetite. While ensuring that the transaction monitoring controls are continuously updated to detect novel financial crime risks in both Personal and Business Bank divisions.

As an Anti-Money Laundering Monitoring Specialist your primary responsibilities will include:

  • Rule Assessment and Implementation
  • Rule Optimization and Maintenance
  • Data Analytics and Reporting
  • Collaboration and Training

The ideal candidate will have:

  • Bachelor’s degree in Finance, Business, Data Science, or a related field.
  • Proven experience in AML transaction monitoring, preferably within a financial institution.
  • Strong knowledge of automated transaction monitoring systems and data analytics tools.
  • Excellent analytical and critical thinking skills.
  • Familiarity with AML regulations, guidelines and best practices (e.g., FICA, FATF)
  • Experience with specific transaction monitoring software (e.g., Actimize, SAS AML).
  • Advanced proficiency in data analytics tools (e.g., SQL, Python, R).
  • Certification in AML (e.g., CAMS, CFE).

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

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

Click here to apply

We wish you all the best with your applications

Share this post on

Be the first to comment

Leave a Reply

Your email address will not be published.


*