Credit Risk Oversight Manager

Capitec Client Care; Stellenbosch; On-site; ZAR 800,000 - 1,200,000; Full time

Job summary

A leading bank in South Africa is seeking a seasoned professional for a strategic oversight role in credit risk management. The ideal candidate will have extensive experience in credit risk practices, governance, and regulatory compliance. This role requires excellent leadership abilities and the capability to influence credit risk policies and practices across the organization.

Qualifications

• Minimum 7–10 years in credit risk, with 3–5 years in a senior or oversight capacity.
• Proven experience in credit policy, analytics, or risk oversight.
• Strong leadership and stakeholder engagement skills.

Responsibilities

• Provide strategic oversight of credit risk and ensure effective implementation.
• Challenge first line's credit risk practices and policies.
• Ensure sound governance and risk oversight.

Skills

Analytical Skills

Attention to Detail

Change Management Skills

Communications Skills

Leadership Skills

Negotiation skills

Numerical Reasoning skills

Education

Bachelor's Degree in Accounting - Management Accounting

Honours Degree in Risk Management

Tools

MS Word

MS Excel

MS Outlook

Job description

Apply now »

Date: 18 Jul 2025

Location: Stellenbosch, Western Cape, ZA

Company: Capitec Bank Ltd

Purpose Statement

• 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)
• Leadership Skills
• Negotiation skills
• Numerical Reasoning skills
  
  

Conditions of Employment

• Clear criminal and credit record
  
  

Apply now »