Credit Risk Oversight Manager

Capitec Bank Ltd.; Stellenbosch; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

Capitec Bank seeks an experienced credit risk professional to oversee and implement their Credit Risk Framework, ensuring alignment with regulatory requirements. The role demands strong leadership in credit risk practices and oversight, with a focus on governance and data risk management, suitable for candidates with extensive experience in banking and financial services.

Qualifications

• Minimum of 7–10 years in credit risk, with 3–5 years in a senior role.
• Experience in credit policy, credit analytics, and risk oversight.
• Proven stakeholder engagement and leadership skills.

Responsibilities

• Provide strategic oversight of Capitec’s enterprise-wide credit risk.
• Challenge first line's credit risk practices while ensuring governance.
• Partner with internal assurance functions for risk measurement and reporting.

Skills

Analytical Skills

Attention to Detail

Change Management Skills

Communications Skills

Education

Bachelor's Degree in Accounting - Management Accounting

Honours Degree in Risk Management

Tools

MS Word

MS Excel

MS Outlook

Job description

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• To provide strategic second-line oversight of Capitec’s enterprise-wide credit risk, ensuring effective implementation and operationalisation of the Credit Risk Framework in alignment with regulatory requirements and business strategy.
• To challenge and influence first line's credit risk practices, policies, and risk appetite, while ensuring sound governance, data risk, and credit lifecycle oversight and partner with internal assurance functions such as Model Risk and Data Governance to ensure risk is measured, monitored, and reported in line with best practice

Experience

Min/Ideal:

• Minimum of 7–10 years in credit risk, with 3–5 years in a senior or oversight capacity in banking or financial services.
• Proven experience in credit policy, credit analytics, or credit risk oversight.
• Experience working in or closely with second-line risk, model risk, or internal audit functions.
• Exposure to ICAAP, Recovery Planning, or regulatory submissions.
• Familiarity with the application of RDARR principles and use of KRIs for monitoring.
• Experience in risk reporting to board and executive levels
  

Qualifications (Minimum)

• Bachelor's Degree in Accounting - Management Accounting

Qualifications (Ideal or Preferred)

• Honours Degree in Risk Management

Knowledge

Min/Ideal:

• Strong leadership and stakeholder engagement skills
• Excellent communication and report writing
• Working knowledge of credit lifecycle and products (unsecured, revolving credit, etc.)
• High-level understanding of IFRS 9, Basel II/III, ICAAP, Recovery Planning
• Risk appetite design and monitoring
• Stress testing and early warning indicators
• Governance, risk and control frameworks (Three Lines of Defence)
• Familiarity with data governance and model governance (non-technical oversight)
  

Skills

• Analytical Skills
• Attention to Detail
• Change Management Skills
• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06