Senior Credit Risk Manager - Banking & Finance (On-Site)

Placements24; Rustenburg; Remote; ZAR 900,000 - 1,800,000; Full time

Job summary

Placements24 in Rustenburg, North West, ZA is seeking an experienced Credit Risk Manager to lead the development and execution of the bank's credit risk management framework within a Banking & Finance context. The role is on-site and full-time, demanding strong analytical skills and regulatory knowledge.

You will drive risk-informed decisions across lending portfolios, coach a team of analysts, and report to senior management, while ensuring strict adherence to risk appetite and controls.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, or related quantitative field.
• Master's degree or professional qualification (PRM, FRM) advantageous.
• Minimum of 7 years of progressive experience in credit risk management, preferably within Banking & Finance.
• Strong understanding of credit risk modeling, financial statement analysis, and Basel Accords.

Responsibilities

• Develop and implement robust credit risk policies and procedures.
• Assess and monitor the creditworthiness of corporate and individual borrowers.
• Analyze financial statements, credit reports, and market data to evaluate risk exposure.
• Manage and optimize the credit portfolio, ensuring compliance with risk appetite.
• Develop and maintain credit scoring models and risk rating systems.
• Monitor economic and industry trends impacting credit risk.
• Report on credit risk metrics and portfolio performance to senior management.
• Lead and mentor a team of credit analysts.
• Ensure compliance with all relevant banking regulations and internal controls.

Skills

Credit risk mgmt

Credit risk modeling

Financial statement analysis

Regulatory frameworks Basel

Leadership

Risk software

Analytical tools

Communication & reporting

Education

Bachelor's degree in Finance, Economics, Statistics, or related quantitative field

Master's degree or professional qualification (PRM, FRM) advantageous

Job description

Placements24 in Rustenburg, North West, ZA is seeking an experienced Credit Risk Manager to lead the development and execution of the bank's credit risk management framework within a Banking & Finance context. The role is on-site and full-time, demanding strong analytical skills and regulatory knowledge.

You will drive risk-informed decisions across lending portfolios, coach a team of analysts, and report to senior management, while ensuring strict adherence to risk appetite and controls.