Senior Credit Risk Manager - Hybrid & Policy Leader

Placements24; Klerksdorp; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid working model

Career development

Competitive salary

Medical aid

Job summary

Placements24 in Klerksdorp, South Africa, seeks a seasoned Credit Risk Manager to oversee and strengthen the credit risk framework. The role involves assessing and mitigating credit risk across portfolios, developing policies, and ensuring regulatory compliance.

You will lead a team of analysts, build PD/LGD/EAD models, conduct stress testing, and report to senior management. A master's in a quantitative field, 6+ years in credit risk, and strong communication are required; SAS/R/Python

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field.
• Minimum 6 years of experience in credit risk management, preferably in banking or financial services.
• Proven expertise in credit analysis, financial modeling, and statistical modeling techniques.

Responsibilities

• Develop, implement, and maintain robust credit risk policies and procedures.
• Analyze credit applications and assess creditworthiness of borrowers.
• Monitor credit quality of the loan portfolio and identify risks and trends.
• Develop and manage credit risk models (PD, LGD, EAD).
• Ensure compliance with credit risk regulations and reporting requirements.
• Lead stress testing exercises and scenario analyses.
• Collaborate with business units to embed risk management practices.
• Mentor a team of credit analysts and risk officers.
• Stay updated on industry best practices and trends.

Skills

Credit analysis

Financial modeling

Statistical modeling

Leadership

Regulatory knowledge

Data analysis tools

Education

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

Tools

SAS

R

Python

Job description

Placements24 in Klerksdorp, South Africa, seeks a seasoned Credit Risk Manager to oversee and strengthen the credit risk framework. The role involves assessing and mitigating credit risk across portfolios, developing policies, and ensuring regulatory compliance.

You will lead a team of analysts, build PD/LGD/EAD models, conduct stress testing, and report to senior management. A master's in a quantitative field, 6+ years in credit risk, and strong communication are required; SAS/R/Python