Senior Credit Risk Modeler (IFRS 9)

Network Finance; Randburg; On-site; ZAR 1,000,000 - 1,500,000; Full time

Job summary

[Company unknown] is seeking a Credit Risk Manager to join their Financial Risk Management team. The role focuses on development, validation, and review of credit risk models for provisioning, regulatory capital, and risk management across diverse clients.

The candidate will perform quantitative analysis, mentor junior staff, and collaborate with stakeholders to deliver innovative modelling solutions while ensuring regulatory compliance.

Qualifications

• Honours or Master’s in quantitative field; FRM advantageous.
• Minimum 6 years' experience in Credit Risk Modelling/Analytics.
• Experience with IFRS 9, PD/LGD/EAD or regulatory capital models.
• Experience managing projects or client engagements.
• Exposure to banking or financial services.

Responsibilities

• Develop, review, and validate credit risk models for IFRS 9 and regulatory capital purposes
• Perform quantitative analysis and model assessments across credit risk portfolios
• Support project planning, budgeting, and delivery activities
• Assist with automation and enhancement of financial risk management models
• Work with large datasets to develop meaningful risk insights and recommendations
• Prepare technical reports and present findings to stakeholders
• Ensure adherence to regulatory and industry best practices
• Contribute to development of innovative modelling solutions and methodologies
• Mentor and coach junior team members
• Collaborate with internal and external stakeholders on credit risk engagements

Skills

Credit risk modelling

IFRS 9 modelling

Python

SAS

R

Statistical techniques

Quantitative analysis

Stakeholder engagement

Mentoring

Multiple priorities

Education

Honours or Master’s in quantitative field

FRM or equivalent

Tools

Python

SAS

R

Job description

[Company unknown] is seeking a Credit Risk Manager to join their Financial Risk Management team. The role focuses on development, validation, and review of credit risk models for provisioning, regulatory capital, and risk management across diverse clients.

The candidate will perform quantitative analysis, mentor junior staff, and collaborate with stakeholders to deliver innovative modelling solutions while ensuring regulatory compliance.