Credit Risk Manager

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

Benefits offered by this job

Performance-based bonus

Hybrid work model

Medical aid

Retirement fund

Life assurance

Professional development

Job summary

Placements24 is seeking an experienced Credit Risk Manager to join a prominent financial institution in Paarl. The role focuses on assessing credit risk exposure, developing policies, and advising on risk mitigation within a hybrid work environment in the Cape Winelands region.

You will lead policy development, evaluate credit applications, monitor portfolio health, and collaborate with lending and operations teams to ensure sound financial decision-making.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics or related field.
• Minimum of 6 years of experience in credit risk management in banking/financial services.
• Strong understanding of credit analysis, financial statement analysis and loan structuring.
• Proficiency in credit risk modeling and relevant software tools.

Responsibilities

• Develop, implement, and enforce credit risk policies and procedures.
• Analyze and assess the creditworthiness of new and existing clients.
• Monitor the credit portfolio for deterioration and implement early warning systems.
• Develop and maintain credit scoring models and risk rating methodologies.
• Provide recommendations on credit limits, terms and collateral requirements.
• Collaborate with sales and operations teams to balance risk and return.

Skills

Credit risk management

Financial statement analysis

Analytical thinking

Stakeholder communication

Education

Bachelor's degree in Finance, Economics, Mathematics

Tools

Credit risk modeling software

Job description

About the Role

Our client is looking for an experienced and strategic Credit Risk Manager to join their esteemed financial institution in Paarl . This role is vital in assessing and managing the credit risk exposure of the company's loan portfolio. You will be responsible for developing and implementing credit risk policies, evaluating credit applications, monitoring portfolio health, and advising on risk mitigation strategies. This hybrid position offers an excellent opportunity to contribute to sound financial decision-making within the picturesque landscape of the Cape Winelands, working closely with lending and operations teams.

Key Responsibilities

• Develop, implement, and enforce credit risk policies and procedures.
• Analyze and assess the creditworthiness of new and existing clients.
• Monitor the credit portfolio for signs of deterioration and implement early warning systems.
• Develop and maintain credit scoring models and risk rating methodologies.
• Provide recommendations on credit limits, terms, and collateral requirements.
• Collaborate with sales and operations teams to ensure balanced risk-return profiles.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 6 years of experience in credit risk management within the banking or financial services sector.
• In-depth understanding of credit analysis, financial statement analysis, and loan structuring.
• Proficiency in credit risk modeling and relevant software tools.
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication and interpersonal skills to liaise with stakeholders effectively.

Benefits

• Competitive salary with a substantial performance-based bonus structure.
• Hybrid work model providing flexibility and work-life balance.
• Comprehensive medical aid, retirement fund, and life assurance benefits.
• Support for continuous professional development and industry certifications.
• Opportunity to work within a dynamic team in Paarl , known for its rich heritage.