Senior Credit Risk Analyst — Remote-Enabled & Growth

Placements24; Polokwane; Hybrid; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary package

Comprehensive medical coverage

Retirement savings plan

Generous paid time off

Flexible remote work within South Afr.

Job summary

Placements24 is seeking a Senior Credit Risk Analyst for a leading financial services provider in Polokwane. You will develop and validate credit scoring models, evaluate borrower financials, monitor portfolio risk, and present findings to senior management.

The ideal candidate has a Master's in a quantitative field, 5+ years in credit risk within banking, and fluency with SAS, R, Python and advanced Excel.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field.
• Minimum 5 years of experience in credit risk analysis, preferably in banking/financial institution.
• Proven experience developing and implementing credit scoring models and risk assessment frameworks.
• Strong knowledge of statistical modeling and data analysis techniques.
• Proficiency in SAS, R, Python and advanced Excel.
• Understanding Basel Accords and regulatory requirements.

Responsibilities

• Develop, validate, and implement statistical credit scoring and rating models for various loan products.
• Analyze financial statements, credit reports, and other data to assess borrower creditworthiness.
• Monitor credit portfolio performance, identify trends, and manage potential deteriorations.
• Conduct stress testing and scenario analysis on the credit portfolio.
• Prepare credit risk reports and present findings to senior management and credit committees.
• Ensure compliance with regulatory requirements and internal policies.
• Collaborate with business units to provide insights on credit risk for new products.
• Stay updated on industry best practices and regulatory changes.
• Mentor junior analysts and support risk team development.
• Assist audit processes and ensure data accuracy for risk reporting.

Skills

Analytical mindset

Strong communication

Problem solving

Mentor junior analysts

Education

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

Tools

SAS

R

Python

Excel

Job description

Placements24 is seeking a Senior Credit Risk Analyst for a leading financial services provider in Polokwane. You will develop and validate credit scoring models, evaluate borrower financials, monitor portfolio risk, and present findings to senior management.

The ideal candidate has a Master's in a quantitative field, 5+ years in credit risk within banking, and fluency with SAS, R, Python and advanced Excel.