Senior Credit Risk Leader — Basel & Portfolio Strategy

Placements24; George; On-site; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Competitive base salary

Medical aid and retirement fund

Job summary

Placements24 represents a leading financial services institution seeking a strategic Lead Risk Manager to oversee the credit risk division in George, Western Cape. The role requires developing and implementing credit risk strategies, policies, and procedures, with a strong focus on risk scoring models and regulatory compliance.

The successful candidate will lead a team of risk professionals, perform stress testing, and present insights to senior management.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field.
• 8+ years in credit risk management with leadership experience.
• In-depth knowledge of credit risk modeling and Basel frameworks.
• Proven ability to develop and implement risk strategies.
• Strong quantitative skills and experience with SAS/R and advanced Excel.
• Excellent leadership, communication, and team management skills.

Responsibilities

• Develop and implement credit risk management frameworks and policies.
• Oversee credit risk across loan portfolio.
• Design, validate, and monitor credit scoring models and early warning systems.
• Ensure regulatory compliance with national and international standards.
• Lead and mentor the credit risk analytics team.
• Conduct stress testing and scenario analysis on credit portfolios.
• Collaborate with business units on risk for new products/markets.
• Prepare risk reports for senior management and board.

Skills

Leadership

Credit risk modeling

Portfolio management

Regulatory frameworks (Basel III/IV)

SAS

R

Excel

Communication

Education

Master's degree in Finance or related quantitative field

Tools

SAS

R

Job description

Placements24 represents a leading financial services institution seeking a strategic Lead Risk Manager to oversee the credit risk division in George, Western Cape. The role requires developing and implementing credit risk strategies, policies, and procedures, with a strong focus on risk scoring models and regulatory compliance.

The successful candidate will lead a team of risk professionals, perform stress testing, and present insights to senior management.