Credit Risk Analyst

Recruiter:

Network Recruitment

Job Ref:

NFP016018/LLR

Date posted:

Monday, September 1, 2025

Location:

Johannesburg, South Africa

Salary:

Market related

SUMMARY:
Are you a driven and analytical professional with a passion for credit risk and financial modelling? Join a leading financial advisory team that partners with top-tier institutions across Africa and beyond. This is your chance to work on some of the most advanced and impactful credit risk projects in the industry.

POSITION INFO:
Credit Risk – Senior Consultant / Assistant Manager

About the Role:
This is a dynamic opportunity for a Senior Consultant or Assistant Manager to play a pivotal role within a specialist Credit Risk team. You will collaborate with experienced Actuaries, Quantitative Analysts, Statisticians, and risk experts to deliver cutting-edge solutions to banks, corporates, and institutions across diverse sectors.

What You’ll Be Doing:

Develop and calibrate credit risk models, including PD, LGD, and EAD
Validate and monitor IFRS 9 impairment and regulatory models
Deliver portfolio credit analytics, benchmarking and peer analysis
Create scorecards, behavioural pricing frameworks, and risk strategy models
Contribute to audit support, regulatory compliance, and advisory engagements
Present findings and solutions to clients in well-structured reports
Mentor Junior Analysts and contribute to a high-performing team culture

What You Need:

Undergraduate Degree in Statistics, Mathematics, Financial Engineering, Actuarial Science, Economics, Engineering, or a related field
3–5 years of relevant experience in credit risk modelling or financial services consulting
Strong understanding of the credit lifecycle, model development processes, and IFRS 9 and Basel regulations
Coding proficiency in SAS, R, or Python (SAS Enterprise Guide an advantage)
Proficient in MS Excel, Word, and PowerPoint
Strong attention to detail, problem-solving mindset, and business acumen

You'll Thrive If You Have:

Excellent verbal and written communication skills
The ability to work with cross-functional teams and build client relationships
Experience mentoring or guiding junior team members
Comfort working in a hybrid model, balancing autonomy with collaboration
A passion for quality, innovation, and continuous learning

Why Join Us?:

Be part of a team delivering real impact in financial services and treasury operations
Work on challenging, high-profile projects across Africa and global markets
Enjoy a hybrid working environment with a strong focus on flexibility and team culture
Access career-defining learning, development, and leadership pathways
Be part of a diverse and inclusive team that values transformation and progress

Please send CV to
Should you not hear from us within two weeks, please consider your application unsuccessful.

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