Credit Risk Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016570/KM

Date posted:

Monday, February 2, 2026

Location:

Johannesburg, South Africa

SUMMARY:

An exciting opportunity is available for an experienced Credit Risk Manager to join a specialist Credit Risk & Capital Management team within a leading Financial Risk Management environment.
This role is ideal for a strong quantitative professional who enjoys combining handsâon technical work with project leadership and people management. You will play a key role in the development and review of complex credit risk models while supporting the effective delivery and quality control of client engagements.

POSITION INFO:

You will work alongside highly skilled professionals from diverse quantitative backgrounds and gain exposure to a broad range of institutions, from local credit providers to large, complex financial institutions. The role also offers access to modern technologies and tools, with opportunities to further develop your coding and modelling expertise.

Key responsibilities

Lead the development and review of credit risk models for provisioning (IFRS 9) and regulatory capital purposes
Support the planning, budgeting, execution, and closeâout of projects and workstreams
Contribute to the coding, automation, and enhancement of financial risk management models
Ensure high standards of quality control and technical excellence across deliverables
Coach, mentor, and manage junior team members, fostering a strong performance and learning culture
Promote an inclusive and collaborative environment where team members are encouraged to challenge and contribute

Skills and attributes

Strong experience in quantitative credit risk modelling
Solid understanding of contemporary statistical techniques used in credit risk
Proven ability to read, write, and interpret code; experience with Python, R, or SAS is essential
Demonstrated experience managing small teams or workstreams
Strong organizational and timeâmanagement skills, with the ability to manage multiple priorities
Confident communicator with the ability to explain complex quantitative concepts to both technical and nonâtechnical stakeholders
A collaborative leader with a coaching mindset

Minimum requirements

Honours or Master’s degree in a quantitative discipline (e.g. Quantitative Finance, Mathematics, Statistics, or similar)
At least 6 years’ experience in a credit riskâfocused role
Professional risk qualifications (e.g. FRM) are advantageous

Apply Now!

This role is designed for someone who wants to lead, not just execute.

For more exciting Finance vacancies, please visit:
/>I also specialize in recruiting in the following:

Actuarial
Data Analytics
Product Development
Pricing
Valuations
Market Risk

If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles.
For more information,

Contact:
Kholo Mongalo
Recruitment Researcher in Actuarial & Analytics
Connect with me on LinkedIn!

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