Senior Credit Risk Analyst/ Quantitative Analyst

Network Recruitment; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A top-tier consulting firm is seeking a Senior Credit Risk Quant Analyst to join their team in Johannesburg. This position offers a chance to work on impactful consulting projects in the financial sector and gain extensive exposure to various clients. Ideal candidates should have an Honours or Master’s degree in a quantitative field and 3–5 years of experience in credit risk modelling. Strong analytical and communication skills are essential for this role.

Benefits

Mentorship and development in a specialist quantitative environment

High-impact consulting projects

Qualifications

• 3–5 years of experience in a credit risk modelling or analytics role.
• Ability to explain complex quantitative ideas to various audiences.

Responsibilities

• Support credit risk model review and development for impairment and capital modelling.
• Assist in credit strategy and risk management enhancement projects.
• Contribute to capital and balance sheet management initiatives.

Skills

Credit risk modelling

Analytical skills

Communication skills

Education

Honours or Master’s degree in Mathematics, Statistics, Actuarial Science or related field

Tools

SAS

Job description

A top-tier consulting firm, known for delivering quantitative excellence within financial services, is seeking a bright and driven Senior Credit Risk Quant Analyst to join their dynamic team in Johannesburg.

This is an exceptional opportunity for an analytically-minded individual to gain broad exposure across multiple clients and industries.

What You’ll Be Involved In:

• Supporting credit risk model review and development for both impairment (IAS 39 and IFRS 9) and capital modelling.
• Assisting in credit strategy and risk management enhancement projects for clients.
• Contributing to capital and balance sheet management initiatives, including ICAAP, Risk Appetite, and Economic Capital.
• Engaging with a diverse client base spanning banks, development finance institutions, micro-lenders, and retailers.

What We’re Looking For:

• A strong academic background with an Honours or Master’s degree in Mathematics, Statistics, Actuarial Science, or a related quantitative field.
• Professionals with 3–5 years of experience in a credit risk modelling or analytics role.
• Exposure to SAS or similar analytical systems would be advantageous.
• Excellent communication skills – ability to explain complex quantitative ideas to technical and non-technical audiences, including senior stakeholders.

Why Join?

• High-impact consulting projects across the financial sector
• Mentorship and development in a specialist quantitative environment