Credit Risk Manager

Placements24; Pretoria; Hybrid; ZAR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Health & retirement benefits

Hybrid work environment

Leadership development opportunities

Incentives and performance bonuses

Job summary

Placements24 is seeking a seasoned Credit Risk Manager to lead the credit risk function in Pretoria. You will develop and implement credit policies, manage risk assessment models, and oversee the health of the lending portfolio with a strategic lens.

You will lead and mentor a team of credit analysts, report to senior management, and ensure regulatory compliance. The role combines hands-on risk management with strategic influence in a hybrid work setup in Pretoria.

Qualifications

• Master's degree required in a quantitative field.
• 7+ years in credit risk management, preferably in banking/financial services.
• Proven expertise in credit analysis, modeling, and risk assessment.

Responsibilities

• Develop and maintain credit risk framework and policies.
• Oversee significant credit applications ensuring risk appetite compliance.
• Monitor loan portfolio credit quality and identify trends.
• Refine credit scoring models and risk tools.
• Lead and mentor a team of credit analysts.
• Report risk exposures to senior management and regulators.
• Ensure compliance with credit risk regulations and guidelines.

Skills

Credit risk management

Credit analysis

Financial modeling

Regulatory knowledge

Leadership

Team management

Strategic thinking

Education

Master's degree in Finance/Economics/Statistics or related field

Job description

About the Role

Our client is looking for a seasoned Credit Risk Manager to lead their credit risk function in Pretoria . This leadership role involves overseeing the assessment, management, and mitigation of credit risk exposures across the organization's lending portfolio. You will be responsible for developing and implementing credit policies, managing risk assessment models, and ensuring the portfolio's health and profitability. This is a strategic position requiring a deep understanding of financial markets, credit assessment methodologies, and regulatory compliance, offering the chance to shape risk strategy in a significant financial institution.

Key Responsibilities

• Develop, implement, and maintain the organization's credit risk management framework and policies.
• Oversee the analysis and approval of significant credit applications, ensuring adherence to risk appetite.
• Monitor the credit quality of the loan portfolio, identifying trends and potential risks.
• Develop and refine credit scoring models and risk assessment tools.
• Manage and mentor a team of credit analysts and risk professionals.
• Report on credit risk exposures and performance to senior management and regulatory bodies.
• Ensure compliance with all relevant credit risk regulations and internal guidelines.

Requirements

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 7 years of experience in credit risk management, preferably in a banking or financial services environment.
• Proven expertise in credit analysis, financial modeling, and risk assessment methodologies.
• Strong knowledge of regulatory requirements related to credit risk (e.g., Basel accords).
• Excellent leadership, communication, and decision-making skills.
• Experience managing and developing a team.

Benefits

• Attractive salary package with performance-based incentives.
• Comprehensive medical and retirement benefits.
• Opportunities for professional growth and leadership development.
• A hybrid work environment balancing office collaboration and remote flexibility.
• Strategic influence on the company's risk appetite and lending practices in Pretoria .