Risk Specialist Manager

PricewaterhouseCoopers; Johannesburg; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading global professional services firm is seeking a Manager for their Risk & Regulation team in Johannesburg. This role involves enhancing clients' credit risk frameworks and navigating complex regulatory landscapes. Candidates should have a strong understanding of credit risk management practices and experience with regulatory frameworks like Basel III/IV and IFRS 9. A relevant advanced degree and consulting experience are preferred.

Qualifications

• Undergraduate degree required; preference for advanced degrees.
• Experience in consulting or banking risk functions is ideal.
• Understanding of Basel III/IV, IFRS 9, and regulatory compliance.

Responsibilities

• Support clients in enhancing credit risk frameworks.
• Assist in regulatory interpretations and implementations.
• Manage delivery teams for risk and regulatory engagements.

Skills

Credit risk expertise

Regulatory management

Stakeholder management

Project management

Education

Honours or master’s degree in Finance, Accounting, or Risk Management

Relevant professional certifications (CA, CFA, FRM)

Job description

Job Description & Summary

At PwC our people in risk and compliance focus on maintaining regulatory compliance and managing risks for clients providing advice and solutions. They help organisations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.

In regulatory risk compliance at PwC you will focus on confirming adherence to regulatory requirements and mitigating risks for clients. You will provide guidance on compliance strategies and help clients navigate complex regulatory landscapes.

Enhancing your leadership style you motivate develop and inspire others to deliver quality. You are responsible for coaching leveraging team members unique strengths and managing performance to deliver on client expectations. With your growing knowledge of how business works you play an important role in identifying opportunities that contribute to the success of our Firm. You are expected to lead with integrity and authenticity articulating our purpose and values in a meaningful way. You embrace technology and innovation to enhance your delivery and encourage others to do the same.

Who we are looking for

Our Risk & Regulation team is growing fast and were looking for experienced managers who bring credit risk expertise within the Financial Services sector. Ideally 3 years of consulting experience or equivalent time spent in a banks risk function with a strong grasp of credit risk management practices and regulatory expectations. We’re particularly interested in professionals who understand the South African banking environment and have exposure to global frameworks such as Basel, IFRS 9, ICAAP and credit risk modelling. If you’re passionate about helping institutions strengthen their risk capabilities and navigate complex regulatory changes we want to hear from you.

Job Description

To manage the day‑to‑day delivery of Risk & Regulatory teams in delivering risk and regulatory change related engagements including:

Business Development

• Engagement planning e.g. effort / cost estimation and engagement / project management
• Issue diagnosis solution generation design and deployment
• Staff management and coaching
• Stakeholder management and reporting

Responsibilities

• Support clients in assessing and enhancing their credit risk frameworks (e.g. credit risk appetite, risk ratings, provisioning, portfolio analysis, stress testing).
• Assist in the interpretation and implementation of regulatory requirements (e.g. Basel III/IV, IFRS 9, ICAAP).
• Conduct diagnostic reviews of credit governance structures, processes, policies, models and systems. Design and implement solutions that will help progress and build momentum in this area.
• Engage with stakeholders across risk, finance and compliance functions to deliver value‑added insights.
• Manage the delivery teams of a range of risk and regulatory change related engagements.
• Produce high‑quality client deliverables including presentations, reports and working papers.
• Contribute to business development through proposal support, thought leadership and client relationship building.

Qualifications

An undergraduate degree is required with preference for an Honours or master’s degree in one of the following fields:

• Finance or Accounting
• Risk Management
• Quantitative disciplines (e.g. Mathematics, Statistics or Economics)
• Relevant professional certifications such as Chartered Accountant (CA), Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) are highly advantageous.

Competencies

Deep understanding of banking products, processes and control environments with a strong specialism in credit risk across the lifecycle (origination, monitoring, provisioning and capital).

Demonstrated experience with regulatory frameworks including Basel III/IV, ICAAP and regulatory reporting requirements with a track record of supporting or leading the preparation of capital and credit risk‑related regulatory returns.

Proven ability to lead multi‑disciplinary project teams with experience delivering complex engagements ideally involving risk systems, data architecture or infrastructure implementations.

Expertise in designing and embedding best‑in‑class risk frameworks, policies and governance structures, including the development of risk measurement methodologies and stress testing frameworks.

Strong capability to interpret and communicate complex risk and regulatory concepts clearly and confidently to a range of stakeholders from technical teams to executive leadership.

Consulting agility: the ability to adapt to diverse client contexts and contribute effectively across strategy advisory and implementation roles.

Sound commercial and business acumen with an ability to identify client needs, propose solutions and contribute to practice growth.

Travel Requirements

Up to 20%

Employment Type

Full‑Time

Vacancy

1

Job Posting End Date

August 17 2025

Required Experience

Manager