Credit Risk Manager

Placements24; Klerksdorp; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Remote working

Health coverage

Professional development

Leave allowance

Job summary

Placements24 is seeking an experienced Credit Risk Manager to lead a fully remote finance team supporting operations from Klerksdorp. You will oversee the credit risk framework, assess applications, monitor portfolio risk, and mentor the risk team, driving robust risk mitigation in a growing digital financial services firm.

The role emphasizes strategic leadership, modeling expertise, and collaboration with senior management to ensure sound lending practices and regulatory compliance.

Qualifications

• Master's degree in Finance, Economics, Statistics, or related field.
• 7+ years progressive experience in credit risk management within financial services.
• Expertise in credit risk modeling, portfolio analysis, and regulatory compliance.
• Strong understanding of financial markets and lending practices.

Responsibilities

• Develop and maintain the company's credit risk framework and policies.
• Oversee assessment of credit applications and adherence to lending criteria.
• Monitor credit quality of loan portfolio and identify emerging risks.
• Develop and manage credit scoring models and mitigation strategies.
• Provide guidance on credit risk to senior management and business units.
• Lead and mentor the credit analysis and risk teams.

Skills

Credit risk management

Credit scoring models

Portfolio analysis

Leadership

Analytical abilities

Education

Master's degree in Finance/Economics/Statistics

Job description

About the Role

Our client is looking for an experienced and strategic Credit Risk Manager to join their fully remote finance team, supporting operations in Klerksdorp . This position is crucial for overseeing the company's credit risk framework, ensuring robust policies and procedures are in place to manage potential credit losses. You will lead a team responsible for credit assessment, portfolio monitoring, and developing strategies to mitigate risk. This role offers a significant opportunity for leadership and impact within a growing, digitally-enabled financial services organization.

Key Responsibilities

• Develop, implement, and maintain the company's credit risk management framework and policies.
• Oversee the assessment of credit applications and ensure adherence to lending criteria.
• Monitor the credit quality of the loan portfolio and identify emerging risks.
• Develop and manage credit scoring models and risk mitigation strategies.
• Provide expert advice and guidance on credit risk matters to senior management and business units.
• Lead and mentor the credit analysis and risk assessment teams.

Requirements

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 7 years of progressive experience in credit risk management within the financial services industry.
• Demonstrated expertise in credit risk modeling, portfolio analysis, and regulatory compliance.
• Strong understanding of financial markets, economic principles, and lending practices.
• Proven leadership and team management skills.
• Excellent analytical, problem-solving, and decision-making abilities.

Benefits

• Highly competitive salary and attractive performance-based incentives.
• Comprehensive health, dental, and vision coverage.
• Generous annual leave and paid sick days.
• Support for professional development, including certifications and training programs.
• A collaborative and fully remote working environment with flexible hours.