Remote-First Senior Credit Risk Analyst

Placements24; Pretoria; Remote; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Competitive salary

Health and wellness benefits

Performance incentives

Professional development opportunities

Job summary

Placements24 is seeking a Senior Credit Risk Analyst to lead risk assessment across lending portfolios in a remote-first role with occasional Pretoria visits. The ideal candidate will design scoring models, analyze financial data, and stress-test scenarios to support risk mitigation and policy formation.

The role requires a Master's in a quantitative field, 5+ years in credit risk, and proficiency in R/Python/SAS with advanced Excel skills.

Qualifications

• Master's degree in Finance, Statistics, Economics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in credit risk analysis, quantitative modeling, or a related role within a financial institution.
• Proven experience with credit scoring, Basel frameworks, and regulatory requirements (e.g., SARB).
• Strong proficiency in statistical modeling software (R, Python, SAS) and advanced Excel skills.
• Excellent analytical, quantitative, and problem-solving abilities.
• Ability to interpret complex financial data and translate it into clear, actionable insights.
• Strong written and verbal communication skills, capable of presenting findings to diverse audiences.
• Self-motivated with the ability to work independently and manage time effectively in a remote setting.
• Familiarity with loan origination and portfolio management systems.

Responsibilities

• Develop, implement, and maintain credit risk models and scoring systems.
• Analyze financial statements and credit data of corporate and retail clients to assess creditworthiness.
• Monitor the credit quality of the loan portfolio and identify potential areas of concern.
• Conduct stress testing and scenario analysis to evaluate the impact of economic changes on credit risk.
• Provide recommendations for credit limits, loan pricing, and risk mitigation strategies.
• Contribute to the formulation and refinement of credit policies and procedures.
• Prepare comprehensive reports and presentations on credit risk exposures for senior management and regulatory bodies.
• Stay abreast of industry best practices and regulatory changes related to credit risk management.
• Collaborate with loan origination and portfolio management teams to ensure sound credit decisions.

Skills

Credit risk analysis

Quantitative modeling

Statistical analysis

Analytical thinking

Communication skills

Education

Master's degree in Finance/Statistics/Economics/Mathematics

Tools

R

Python

SAS

Excel

Job description

Placements24 is seeking a Senior Credit Risk Analyst to lead risk assessment across lending portfolios in a remote-first role with occasional Pretoria visits. The ideal candidate will design scoring models, analyze financial data, and stress-test scenarios to support risk mitigation and policy formation.

The role requires a Master's in a quantitative field, 5+ years in credit risk, and proficiency in R/Python/SAS with advanced Excel skills.