Cyber Security Engineer – Capitec Bank | Stellenbosch, Western Cape

Company: Capitec Bank Ltd
Location: Stellenbosch, Western Cape, South Africa
Date Posted: 27 May 2025
Job Title: Cyber Security Engineer
Application Closing Date: Not specified

About the Company

Capitec Bank is one of South Africa’s most innovative financial institutions, focused on delivering simplified, secure, and accessible banking services to millions of customers nationwide. Known for its digital-forward mindset, Capitec constantly evolves to offer cutting-edge solutions while maintaining its human-centric values. The company is driven by a dynamic workforce committed to building a brand South Africans can trust.

Role Overview

Capitec Bank is seeking a highly skilled Cyber Security Engineer to join the Open Banking team at its Stellenbosch headquarters. This is a critical technical role that blends cybersecurity expertise with hands-on software engineering. The successful candidate will take the lead in safeguarding externally-facing products, ensuring secure digital banking experiences, and collaborating directly with the Product Head and CyberSec team.

This position offers a unique opportunity for professionals who thrive in complex, agile environments and are passionate about the ever-evolving landscape of cybersecurity. Your work will be instrumental in building security toolsets, running penetration tests, and proactively defending against threats while enabling Capitec’s growth in open banking solutions.

Key Responsibilities

• Design, develop, and maintain security toolsets for digital banking products

• Conduct bi-weekly penetration testing to assess and mitigate vulnerabilities

• Collaborate with the CyberSec team to monitor and manage security incidents

• Integrate secure coding principles throughout software development

• Implement systems for continuous threat detection and response

• Ensure compliance with regulatory and internal security standards

• Work cross-functionally to balance business needs with cybersecurity best practices

• Conduct risk assessments and recommend robust mitigation strategies

• Lead threat modeling sessions and security code reviews

• Stay updated with emerging cyber threats, vulnerabilities, and countermeasures

Qualifications and Experience

Minimum Education Requirement:

• Grade 12 National Certificate or equivalent

Preferred Qualification:

• Relevant tertiary qualification in Cybersecurity, Information Technology, or Software Engineering

Experience Requirements:

• 5+ years of experience in cybersecurity, with practical exposure to software engineering

• Experience in designing and implementing security architecture and systems

• Proficiency in security-related programming (e.g., Python, Java, C++)

• Hands-on experience conducting and analyzing penetration tests

• Strong knowledge of network protocols, cloud security, and identity/access management systems

• Background in working with cybersecurity tools and threat detection technologies

• Demonstrated ability to assess, manage, and resolve security incidents in real time

Technical Knowledge

• Cybersecurity best practices and industry standards

• Network architecture, protocols, and secure data transfer mechanisms

• Identity and Access Management (IAM) platforms

• Cloud platforms such as AWS or Azure with a focus on security

• Security event monitoring and incident response strategies

• Latest cybersecurity threats, vulnerabilities, and defense techniques

Skills and Attributes

• Analytical mindset with a focus on identifying and addressing vulnerabilities

• Excellent communication and collaboration skills

• Strong problem-solving and decision-making abilities

• Proficiency in using standard office applications such as MS Word, Excel, and Outlook

• Ability to work independently while coordinating with cross-functional teams

• High attention to detail and accountability

Conditions of Employment

• Clear credit and criminal record required

• Role based in Stellenbosch, Western Cape

• Full-time, permanent position

Equal Opportunity Statement

Capitec is an equal opportunity employer and is committed to building an inclusive workplace. All applications will be considered in alignment with our Employment Equity goals. We welcome candidates from diverse backgrounds and encourage individuals living with disabilities to apply.

How to Apply

To apply:

1. Visit the official Capitec Careers Portal

2. Complete the required short assessment on the careers page

3. Finalize your application by clicking “Apply” on the official job listing

Take the next step in your cybersecurity career by joining one of South Africa’s most respected financial institutions.

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Advance your career with Capitec—apply today and help build the safest bank in the world.

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