Credit Risk Manager

Placements24; Rustenburg; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Life insurance

Pension fund

Professional development

Job summary

Placements24 is seeking an experienced Credit Risk Manager in Rustenburg to lead and enhance the group’s risk framework. You will oversee credit risk policies, assess client creditworthiness, and drive strategic risk mitigation within the financial services sector.

Responsibilities include policy development, portfolio monitoring, stress testing, and regulatory compliance. You will mentor analysts and collaborate with business units to align with risk appetite in a leading North West financial

Qualifications

• Master's degree in Finance, Economics, Mathematics or related quantitative field.
• 7+ years of credit risk management experience in financial services.
• Deep understanding of credit risk modeling, financial statement analysis, Basel Accords.
• Proficiency with risk management software and analytical tools.
• Strong leadership, communication and strategic thinking.
• Experience in a Rustenburg-based financial institution preferred.

Responsibilities

• Develop, implement, and maintain credit risk policies and procedures.
• Analyze and assess the creditworthiness of corporate clients and financial institutions.
• Monitor loan portfolio performance and identify concerns.
• Design stress testing scenarios and portfolio analyses.
• Collaborate with business units to ensure risk appetite and regulatory compliance.
• Provide training and guidance to junior risk analysts and staff.

Skills

Leadership

Communication

Strategic thinking

Risk management

Education

Master's degree in Finance, Economics, Mathematics

Job description

About the Role

Our client is seeking an experienced and strategic Credit Risk Manager to oversee and enhance their credit risk management framework in Rustenburg . This critical role involves assessing creditworthiness, developing risk policies, and mitigating potential financial losses within the banking and finance sector. You will play a key role in ensuring the soundness of the organization's loan portfolio by implementing robust risk assessment processes and strategies. This is an excellent opportunity for a seasoned professional to make a significant impact on risk mitigation and strategic financial planning within a leading financial institution.

Key Responsibilities

• Develop, implement, and maintain credit risk policies and procedures.
• Analyze and assess the creditworthiness of corporate clients and financial institutions.
• Monitor the performance of the loan portfolio and identify potential areas of concern.
• Design and implement stress testing scenarios and portfolio analysis to assess risk exposure.
• Collaborate with business units to ensure adherence to risk appetite and regulatory requirements.
• Provide training and guidance to junior risk analysts and relevant staff.

Requirements

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Proven experience (7+ years) in credit risk management within the financial services industry.
• Deep understanding of credit risk modeling, financial statement analysis, and regulatory frameworks (e.g., Basel Accords).
• Proficiency in risk management software and analytical tools.
• Excellent leadership, communication, and strategic thinking skills.
• Experience working in a Rustenburg -based financial institution is preferred.

Benefits

• Competitive salary and performance-driven incentives.
• Comprehensive medical aid and life insurance benefits.
• Generous pension fund contribution.
• Opportunities for continuous professional development and leadership training.
• A culture that promotes integrity, collaboration, and sound financial practices.
• Significant role in shaping the risk strategy of a prominent financial entity in North West .