Manager – Credit Risk

WatersEdge Solutions; Johannesburg; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

A reputable financial institution is seeking an experienced Credit Risk Manager to oversee credit risk processes within corporate banking. The role includes evaluating credit applications, ensuring compliance with credit policies, and participating in regulatory reporting to maintain strong risk controls. Ideal candidates will have relevant degrees and extensive experience in credit analysis.

Qualifications

• 4–8 years’ experience in credit/business analysis within banking or financial services.
• Solid knowledge of credit risk principles, financial analysis, and banking regulations.

Responsibilities

• Evaluate credit applications and validate internal credit ratings.
• Participate in regulatory reporting processes and engage with regulators.
• Monitor compliance with internal credit policies and conduct post-lending monitoring.

Skills

Analytical ability

Attention to detail

Time management

Communication skills

Education

BCom Degree in Finance, Economics, or related field

Postgraduate qualification in Finance

Tools

MS Office

Job description

Job Description

Overview:

A reputable financial institution is seeking an experienced Credit Risk Manager to oversee credit risk processes within the corporate banking and treasury environment. This role is critical for maintaining robust risk controls, supporting strategic decision-making, and ensuring compliance with internal credit policies and regulatory requirements.

Key Responsibilities:

• Evaluate credit applications submitted by corporate banking and treasury departments, including validating internal credit ratings and post-loan reporting
• Review and provide opinions on credit limits, transactions, and internal risk assessments
• Manage and ensure compliance with drawdown procedures and internal policies
• Participate in regulatory reporting processes such as ICAAP, Recovery Plans, Risk Appetite assessments, and Pillar 3 disclosures
• Engage with regulators, auditors, and industry forums on credit risk matters
• Monitor compliance with internal credit policies, including industry concentration risk, loan renewals, covenant adherence, and legal agreement requirements
• Conduct ongoing post-lending monitoring including credit risk escalation, ESG risk assessment, and asset reclassification
• Track past dues, non-performing assets, and oversee loan write-off processes
• Perform credit administration tasks such as drawdown confirmations, credit limit monitoring, and reporting tools management
• Serve as secretary to Credit Committees and Deal Forums by scheduling meetings, preparing documentation, and maintaining records

Minimum Requirements:

• BCom Degree in Finance, Economics, or related field (essential)
• Postgraduate qualification in Finance (advantageous)
• 4–8 years’ experience in credit/business analysis within banking or financial services
• Solid knowledge of credit risk principles, financial analysis, and banking regulations
• Proficient in MS Office (Excel, Word, PowerPoint)
• Strong analytical ability, attention to detail, time management, and communication skills

If you have not been contacted within 10 working days, please consider your application unsuccessful.