Risk Manager - Credit

Placements24; Polokwane; On-site; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Bonus plan

Health benefits

Retirement plan

Professional development

Leadership role

Dynamic work environment

Sustainable growth

Job summary

Placements24 in Polokwane seeks a strategic Risk Manager specializing in Credit Risk to lead the design and implementation of robust credit risk frameworks across the lending portfolio, guiding policy development and fostering prudent growth.

You will analyze creditworthiness, develop scoring models, monitor exposures, ensure regulatory compliance with Basel accords, and collaborate with business units to maintain risk appetite within defined limits in a dynamic banking environment.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 6 years of experience in credit risk management or related field within a financial institution.
• Strong understanding of credit risk assessment methodologies, financial statement analysis, and risk modeling.
• Knowledge of Basel Accords and banking regulations.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in risk management software and data analysis tools.

Responsibilities

• Develop and implement comprehensive credit risk management policies and procedures.
• Analyze and assess creditworthiness of corporate clients and counterparties.
• Monitor and report on portfolio credit risk exposures, identifying potential areas of concern.
• Develop and maintain credit scoring models and risk rating systems.
• Ensure compliance with regulatory requirements related to credit risk management.
• Collaborate with business units to ensure risk appetite is maintained within defined limits.

Skills

Analytical thinking

Risk modeling

Regulatory knowledge

Decision making

Communication

Education

Bachelor's degree in Finance, Economics, Statistics, or related field

Tools

Risk management software

Data analysis tools

Job description

About the Role

Our client is looking for a strategic and experienced Risk Manager specializing in Credit Risk to join their team in Polokwane . This critical role involves assessing, managing, and mitigating credit exposures across the organization's lending portfolio. You will be responsible for developing and implementing robust credit risk frameworks, policies, and procedures to ensure sound lending practices and minimize potential losses. The ideal candidate will possess deep knowledge of credit analysis, risk modeling, and regulatory requirements within the banking and finance sector , contributing to the financial stability and prudent growth of the institution in Polokwane .

Key Responsibilities

• Develop and implement comprehensive credit risk management policies and procedures.


• Analyze and assess creditworthiness of corporate clients and counterparties.


• Monitor and report on portfolio credit risk exposures, identifying potential areas of concern.


• Develop and maintain credit scoring models and risk rating systems.


• Ensure compliance with regulatory requirements related to credit risk management.


• Collaborate with business units to ensure risk appetite is maintained within defined limits.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.


• Minimum of 6 years of experience in credit risk management, credit analysis, or a related field within a financial institution.


• Strong understanding of credit risk assessment methodologies, financial statement analysis, and risk modeling.


• Knowledge of relevant banking regulations and Basel Accords.


• Excellent analytical, problem-solving, and decision-making skills.


• Proficiency in risk management software and data analysis tools.

Benefits

• Competitive salary and performance-based bonus structure.


• Comprehensive health and retirement benefits.


• Opportunities for professional development and continuous learning in risk management .


• A key leadership role with significant impact on the company's financial health.


• Dynamic work environment within the banking sector in Polokwane .


• Contribution to the responsible and sustainable growth of the organization.