Senior Credit Risk Analyst

Placements24; Gauteng; Hybrid; ZAR 700,000 - 1,000,000; Full time

Benefits offered by this job

Health benefits

Performance incentives

Professional development

Job summary

Placements24 is seeking a Senior Credit Risk Analyst to join a remote-first team with occasional Pretoria visits. You will develop and maintain credit risk models, evaluate corporate and retail credit data, and help shape risk policy.

The role requires a strong quantitative background, 5+ years in credit risk, and proficiency in R, Python, SAS and Excel. You will work remotely with flexibility, collaborating with loan origination and portfolio teams to strengthen credit decisions and risk

Qualifications

• Master's degree in a quantitative field is required.
• 5+ years of credit risk analysis experience within a financial institution.
• Experience with credit scoring, Basel frameworks, and SARB/regulatory requirements.
• Proficient in statistical modeling software (R/Python/SAS) and advanced Excel.

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 loan portfolio credit quality and identify potential areas of concern.
• Conduct stress testing and scenario analysis to evaluate impact on credit risk.
• Provide recommendations for credit limits, loan pricing, and risk mitigation strategies.
• Contribute to credit policy formulation and procedures.
• Prepare reports and presentations on credit risk exposures for senior management and regulators.
• Stay updated on industry best practices and regulatory changes.

Skills

R

Python

SAS

Excel

Education

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

Tools

Regulatory reporting systems

Job description

About the Role

Our client, a leading financial services provider, is seeking a highly skilled Senior Credit Risk Analyst to join their expanding team, operating remotely with potential for occasional office visits in Pretoria. This pivotal role involves assessing and managing credit risk across the organization's lending portfolio. The ideal candidate will possess a strong analytical mindset, expertise in credit scoring models, and a comprehensive understanding of risk management principles within the banking & finance industry. This is a remote-first opportunity offering flexibility and autonomy, allowing you to contribute significantly to risk mitigation strategies from anywhere. We are looking for an individual who can provide insightful analysis and contribute to the development of robust credit policies, ensuring the long-term financial stability of our client. Your expertise will be crucial in navigating complex credit landscapes.

Key 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.

Requirements

• 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 (e.g., 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.

Benefits

• This remote role offers a competitive salary, comprehensive health and wellness benefits, performance incentives, and ongoing professional development opportunities.
• Our client values work-life balance and provides the tools and support necessary for success in a remote work environment.
• While the role is remote, there may be occasional requirements for travel to Pretoria for critical meetings or team events.