{"id":3372076,"url":"https://alion.io/job/old-mutual-limited-quantitative-credit-analyst","title":"Quantitative Credit Analyst","company":{"id":5366,"name":"Old Mutual Limited","domain":"oldmutual.com","url":"https://alion.io/company/oldmutual","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":91,"open_postings":52,"ghost_share":0,"stale_share":0.538,"repost_share":0.019,"time_to_fill_p50_days":11,"computed_at":"2026-10-31T05:58:55Z"}},"role":"Finance","role_family":"Finance","seniority":"junior","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["South Africa"],"countries":["ZA"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":13500,"max_usd":31000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":54},"experience_years_min":2,"visa_sponsorship":false,"relocation_package":false,"has_equity":true,"technologies":[{"name":"Microsoft Excel","optional":false},{"name":"Python","optional":false},{"name":"SQL","optional":false}],"status":"live","first_seen_at":"2026-10-27T00:00:00Z","employer_posted_date":"2026-10-27","last_verified_at":"2026-10-31T22:45:10Z","board_verified":true,"closed_at":null,"days_open":4,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":4},"description":"Let's Write Africa's Story Together!\nOld Mutual is a firm believer in the African opportunity and our diverse talent reflects this.\nJob Description\nRole details:The Group Credit Investment (GCI) Quantitative Credit Analyst is a quantitative specialist embedded in the Credit Team, responsible for the development, maintenance and enhancement of internal credit rating scorecards. The role translates financial and non-financial risk drivers into practical, transparent and robust scoring frameworks that support consistent credit assessment and monitoring across the GCI investment credit portfolio.\nWorking closely with fundamental credit analysts, the incumbent contributes quantitative analysis where it can strengthen the assessment of a counterparty, transaction or credit risk question. This includes testing assumptions, analysing sensitivities and interpreting model outputs, with clear explanations of their implications and limitations. Quantitative tools inform, rather than replace, fundamental credit judgement\nKey Result Areas:\nRating Scorecard Development, Maintenance and Governance\nTake responsibility for developing, maintaining and enhancing internal credit rating scorecards, including redevelopment where existing methodologies require improvement.\nWork with credit analysts to identify economically meaningful financial and non-financial risk drivers, assess their relevance across sectors and counterparty types, and translate them into appropriate scoring frameworks.\nEvaluate variable selection, weightings, scoring thresholds and rating mappings using suitable quantitative methods and credit rationale. Calibrate models where data permits, explicitly addressing limited samples, missing data and the use of expert judgement.\nTest scorecard performance, stability, sensitivity and consistency; undertake back-testing and benchmarking where appropriate; and investigate rating migrations, overrides and anomalous outputs.\nMaintain clear methodology and technical documentation covering data sources, assumptions, calculations, testing, limitations, intended use and changes. Escalate material weaknesses and propose remediation.\nMaintain controlled, reproducible scorecard implementations, with input checks, calculation testing, version control and traceable changes. Improve data quality and automate inputs and outputs where appropriate.\nPrepare development validation andosals for the applicable review and approval processes, support independent validation, and address review findings\nTargeted Quantitative Credit Analysis and Collaboration:\nWork with the Credit Team to define credit questions that warrant a quantitative approach, select proportionate methods and prioritise analytical work alongside the core scorecard mandate.\nDevelop targeted scenario and sensitivity analyses, peer comparisons and statistical assessments to test credit assumptions and identify risk drivers, vulnerabilities or emerging patterns.\nAnalyse financial statements and other relevant data as inputs to scorecards and quantitative assessments, checking data definitions, comparability, completeness and reliability.\nContribute specialist quantitative analysis to credit papers and committee discussions as required. Explain findings, uncertainty and limitations in decision-useful terms, while fundamental analysts retain responsibility for the overall credit assessment and transaction recommendation.\nSupport consistent scorecard application through practical guidance, user support and knowledge sharing. Investigate queries and challenge results that are inconsistent with the underlying credit evidence.\nCollaborate with the Analytics Function on shared datasets, analytical methods and implementation tools, agreeing interfaces and avoiding duplication of work.\nQualifications, Skills and Experience:\nA degree with substantial quantitative content in statistics, mathematics, econometrics, actuarial science, engineering, quantitative finance, business science or an equivalent discipline.\n2-3 years of relevant experience\nDemonstrable applied experience in quantitative modelling, statistical analysis and working with financial data, including testing assumptions and communicating model limitations.\nPractical programming capability in Python, R or an equivalent analytical language, together with strong Excel and financial modelling skills. Experience with SQL, reproducible analytical workflows and version control would be advantageous.\nSound understanding of financial statements, credit risk, investments and fixed income instruments, sufficient to develop and interpret economically meaningful credit models.\nExperience in credit rating scorecard development, calibration, performance monitoring, model documentation or implementation would be advantageous, particularly in corporate or investment credit and data-constrained environments.\nA relevant postgraduate qualification, CFA or CA(SA) would be advantageous where supported by demonstrable quantitative modelling and programming capability.\nCompetencies:\nStrong quantitative reasoning and ability to select methods appropriate to the credit question and available evidence.\nCredit and commercial judgement connect model design and outputs to the underlying economics and practical investment context.\nCritical thinking and constructive challenge: tests assumptions, interrogates unexpected results and avoids false precision.\nTechnical discipline and attention to detail in data preparation, coding, calculations, testing and documentation.\nOwnership and delivery independently progress scorecard development and maintenance, resolve issues and escalate material concerns promptly.\nClear written and verbal communication, including the ability to explain quantitative findings and limitations to non-specialist stakeholders.\nCollaboration and service orientation, working effectively with fundamental credit analysts, the Analytics Function and model reviewers.\nStrong planning and prioritization, balancing ongoing scorecard responsibilities with targeted analytical requests and multiple deliverables.\nProfessional integrity, respect for confidential information and adherence to model governance and approval boundaries.\nPractical problem-solving, continuous learning and a focus on reliable, usable tools that improve credit decision-making.\nSkills\nAction 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 TechniquesCompetencies\nBusiness InsightCultivates InnovationManages ComplexityOptimizes Work ProcessesSituational AdaptabilityStrategic MindsetEducation\nNQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalentClosing Date\n02 November 2026 , 23:59The 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.\nThe Old Mutual Story!","description_format":"text","description_chars":7092,"description_truncated":false,"requirements":{"experience_years_min":2,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Continuous learning","Equity"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Property & Casualty Insurance","Asset Management & Funds","Life Insurance & Annuities"],"lifecycle":[{"event":"open","at":"2026-10-28T01:24:43Z"}],"visa":[],"liveness":{"score":51,"band":"ok","label":"Likely open","p_open":1,"p_active":0.562,"p_room":0.9,"age_days":4,"expected_fill_days":11,"reasons":["conf:8","stale_co","win:mid","comp:junior,brand"],"computed_at":"2026-10-31T05:58:55Z"},"pay":null,"html_url":"https://alion.io/job/old-mutual-limited-quantitative-credit-analyst","json_url":"https://alion.io/job/old-mutual-limited-quantitative-credit-analyst.json","meta":{"generated_at":"2026-10-31T23:33:58Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":36882,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-01T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":5366},"rest":"https://alion.io/mcp/rest/get_company?id=5366"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fold-mutual-limited-quantitative-credit-analyst"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fold-mutual-limited-quantitative-credit-analyst"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fold-mutual-limited-quantitative-credit-analyst"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/old-mutual-limited-quantitative-credit-analyst\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fold-mutual-limited-quantitative-credit-analyst"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":3372076}},{"tool":"search_jobs","arguments":{"company":"oldmutual.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":3372076},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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