Lead Credit Risk Manager

Placements24; Centurion; On-site; ZAR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Salary bonus

Medical aid

Generous leave

Advanced training

Pension fund

Access to risk management tech

Leadership role

Job summary

Placements24 seeks a Lead Credit Risk Manager to oversee the credit risk portfolio and guide strategic risk decisions from Centurion, Gauteng. You will develop and monitor robust policies, lead a team of risk professionals, and drive best practices to safeguard the institution's financial health.

The role requires expertise in credit risk modeling, regulatory compliance, and strategic financial planning, with a focus on delivering sustainable growth and governance across the lending portfolio.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics or related quantitative field.
• 8–10 years of progressive experience in credit risk management, preferably in banking/financial services.
• Proven track record developing and implementing credit risk policies and frameworks.
• In-depth knowledge of credit risk modeling, Basel III/IV, and related regulations.

Responsibilities

• Develop, implement, and maintain credit risk management frameworks, policies, and procedures.
• Oversee assessment and monitoring of credit risk across loan portfolios.
• Lead and mentor a team of credit risk analysts and officers.
• Ensure compliance with regulatory requirements and industry best practices.

Skills

Leadership

Credit risk modeling

Regulatory knowledge

Analytics

Communication

Team management

Strategic planning

Education

Master's degree in Finance or related field

Tools

Risk management software

Job description

About the Role

Our client, a distinguished financial institution in Centurion, Gauteng , is seeking an experienced and strategic Lead Credit Risk Manager. This senior leadership role is critical in overseeing and managing the credit risk portfolio of the organization. The Lead Credit Risk Manager will be responsible for developing, implementing, and monitoring robust credit risk policies and procedures to ensure the financial health and stability of the company. This position requires a deep understanding of credit risk assessment, regulatory compliance, and strategic financial planning within the banking and finance sector . The successful candidate will lead a team of risk professionals, driving best practices and innovative solutions to mitigate potential financial exposures. We are looking for a seasoned leader who can navigate complex financial landscapes and contribute to the sustained growth of our client. The role is based in our modern offices in Centurion , offering a stimulating and professional work environment.

Key Responsibilities

• Develop, implement, and maintain comprehensive credit risk management frameworks, policies, and procedures.
• Oversee the assessment and monitoring of credit risk across all loan portfolios, identifying potential areas of concern.
• Lead and mentor a team of credit risk analysts and officers, fostering professional development and performance excellence.
• Ensure compliance with all relevant regulatory requirements and industry best practices for credit risk management.
• Develop and manage credit scoring models, loan rating systems, and stress testing methodologies.
• Provide strategic recommendations to senior management on credit risk appetite, limits, and portfolio strategies.
• Analyze market trends, economic conditions, and industry-specific risks that may impact the credit portfolio.
• Prepare and present detailed credit risk reports to the board of directors and regulatory bodies.
• Collaborate with business units to ensure effective credit risk management is integrated into lending processes.

Requirements

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 8-10 years of progressive experience in credit risk management, preferably within the banking or financial services industry.
• Proven track record in developing and implementing credit risk policies and frameworks.
• In-depth knowledge of credit risk modeling, portfolio management, Basel III/IV regulations, and other relevant financial regulations.
• Strong analytical, quantitative, and problem solving skills.
• Excellent leadership, team management, and communication skills.
• Experience with risk management software and data analytics tools.
• Ability to translate complex technical concepts into actionable business insights.
• Must be based in or willing to relocate to Centurion, Gauteng .

Benefits

• Competitive salary and performance-based bonus opportunities.
• Comprehensive medical aid plan with excellent coverage.
• Generous annual leave and public holiday benefits.
• Opportunities for advanced training and professional certifications.
• Pension fund with significant employer contribution.
• Access to cutting-edge risk management technology and systems.
• A leadership role in a reputable financial institution located in Centurion, Gauteng .