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

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.