Head of Retail Credit Risk & Governance

Absa Group; Sandton; On-site; ZAR 1 500 000 - 2 000 000; Full time

Job summary

A leading financial institution in South Africa seeks a Chief Credit Officer for Personal and Private Banking. This senior leadership role requires oversight of credit risk management, ensuring compliance with regulations. Ideal candidates have extensive retail banking experience and advanced analytical skills. The position offers the chance to influence strategic risk direction and contribute to a robust governance framework.

Qualifications

• Minimum 15 years retail banking experience with a leadership role.
• Ability to assess credit risk impact on product development and portfolios.

Responsibilities

• Oversee and manage credit risk in the PPB portfolio.
• Ensure compliance with internal policies and external regulations.
• Lead the credit stress-testing of the lending business.
• Develop credit risk standards ensuring alignment with framework.

Skills

Strategic Risk Management Expertise

Governance & Compliance Leadership

Analytical & Problem-Solving Skills

Communication & Stakeholder Management

Leadership & Influence

Education

Bachelor’s or Master’s degree in Actuarial Science, Statistics, Mathematics

Postgraduate Degrees in Business, Commerce and Management Studies

Job description

A leading financial institution in South Africa seeks a Chief Credit Officer for Personal and Private Banking. This senior leadership role requires oversight of credit risk management, ensuring compliance with regulations. Ideal candidates have extensive retail banking experience and advanced analytical skills. The position offers the chance to influence strategic risk direction and contribute to a robust governance framework.