Senior Risk Manager - Credit Risk Assessment

Placements24; Centurion; Sur place; ZAR 1 400 000 - 2 600 000; Plein temps

Résumé du poste

Unknown Bank in Centurion, Gauteng seeks an experienced Senior Risk Manager to lead the Credit Risk Assessment division. This on-site role requires deep credit risk expertise to develop and oversee risk frameworks, policies, and procedures, shaping risk appetite and supporting financial stability.

You will manage a team of risk professionals, coordinate with business units, and ensure prudent lending and effective risk mitigation across corporate, commercial, and retail portfolios.

Qualifications

• Master's degree in Finance, Economics, Statistics, or related quantitative field.
• 7+ years of credit risk management experience in banking.
• Knowledge of credit risk modeling, portfolio management, Basel III/IV.
• Experience in managing and developing teams.
• Strong analytical and communication skills; attention to detail.
• Proficiency with risk management software and data analysis tools.
• Understanding of financial markets and credit risk trends.

Responsabilités

• Develop and maintain credit risk policies and procedures.
• Oversee credit risk across loan portfolio (corporate, commercial, retail).
• Analyze credit applications, financial statements, market data to determine risk and ratings.
• Develop and validate credit scoring models and risk tools.
• Monitor portfolio performance and propose mitigation strategies.
• Ensure Basel III/IV and local prudential compliance.
• Lead and mentor a team of risk analysts and officers.
• Prepare risk reports for senior management and board.
• Collaborate with business units to uphold a strong risk culture.

Connaissances

Credit risk management

Risk modeling

Data analysis

Team leadership

Regulatory knowledge

Formation

Master's degree (Finance/Economics/Statistics)

Outils

Risk software

Description du poste

About the Role

Our client, a prominent commercial bank, is seeking an experienced and highly skilled Senior Risk Manager to lead their Credit Risk Assessment division in Centurion, Gauteng . This is a critical, on-site role demanding a deep understanding of credit risk principles and regulatory requirements. You will be responsible for developing, implementing, and overseeing robust credit risk management frameworks, policies, and procedures. This position offers a challenging opportunity to shape the bank's risk appetite and contribute to its financial stability and growth. The successful candidate will manage a team of risk professionals and collaborate closely with business units to ensure prudent lending practices and effective mitigation of credit exposures. This role is integral to maintaining the bank's strong reputation and financial health.

Key Responsibilities

• Develop, implement, and maintain comprehensive credit risk policies and procedures in line with regulatory guidelines and business objectives.
• Oversee the assessment and management of credit risk across the bank's loan portfolio, including corporate, commercial, and retail segments.
• Lead the analysis of credit applications, financial statements, and market data to determine creditworthiness and appropriate risk ratings.
• Develop and validate credit scoring models and other quantitative risk assessment tools.
• Monitor portfolio performance, identify emerging risks, and recommend proactive mitigation strategies.
• Ensure compliance with all relevant banking regulations, including Basel Accords and local prudential standards.
• Manage and mentor a team of credit risk analysts and officers.
• Prepare regular risk reports for senior management and the board of directors.
• Collaborate with business units to promote a strong risk culture and ensure adherence to risk appetite.

Requirements

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 7 years of progressive experience in credit risk management within the banking sector.
• In-depth knowledge of credit risk modeling, portfolio management, and regulatory frameworks (e.g., Basel III/IV).
• Proven experience in managing and developing teams.
• Strong analytical and problem-solving skills, with exceptional attention to detail.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proficiency in risk management software and data analysis tools.
• Understanding of financial markets and economic trends impacting credit risk.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive healthcare benefits package.
• Pension fund contributions.
• Opportunities for advanced training and professional certifications.
• Access to a supportive and collaborative work environment.
• Significant impact on the bank's risk strategy and operational resilience.