Credit Risk Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016642/HN

Date posted:

Tuesday, March 3, 2026

Location:

Johannesburg, South Africa

SUMMARY:
Are you a quantitative credit risk specialist ready to take the next strategic step in your career? This is an exceptional opportunity to join a highâperforming financial risk management environment as a Manager in Credit Risk & Capital Management, where you will lead complex model development, guide project execution, and shape analytical excellence across the organisation.

POSITION INFO:

This opportunity sits within a specialist financial risk management function known for its technical depth, exceptional modelling capability, and exposure to cuttingâedge risk analytics. You will join a diverse team of modellers and analysts with backgrounds in mathematics, statistics, engineering, actuarial science, and quantitative finance.

The role offers the ideal platform for a technically strong, peopleâcentric Manager who thrives in a fastâpaced, intellectually challenging environment. You will contribute to the review and development of advanced statistical models, including IFRS9 models, credit scorecards, and regulatory capital models. You will also support senior leadership in planning, organising, and overseeing project quality and delivery.

With exposure to a broad portfolio of financial institutions—from local credit providers to global systemically important banks—you will gain continuous access to new modelling techniques, regulatory developments, and advanced coding tools such as Python, R and SAS.

What's in it for me? The chance to sharpen your modelling expertise, grow your leadership capability, and contribute to highâimpact credit risk projects at industry-leading standards.

Key Responsibilities:

Develop and review credit risk models for both provisioning and regulatory capital purposes.
Support the management of projects across planning, budgeting, execution, and closeâout phases.
Assist with the coding, automation, and enhancement of financial risk management models.
Foster a coaching culture that empowers team members, drives technical growth, and encourages constructive challenge.

Job Experience and Skills Required:

Education:
- Honours or Master’s degree in a quantitative discipline (Quantitative Finance, Mathematics, Statistics, Actuarial Science, Engineering, or equivalent).
- FRM advantageous.
Experience:
- Minimum 6 years’ experience in a quantitative credit risk role.
- Strong exposure to credit risk modelling (IFRS9, scorecards, and regulatory models).
- Proven ability to manage and deliver smaller workstreams.
- Experience leading, mentoring, or coaching junior team members.
Skills:
- Proficiency in SAS, Python, or R with the ability to read, interpret, and develop code.
- Strong organisational and timeâmanagement capability.
- Ability to communicate complex quantitative concepts to technical and nonâtechnical stakeholders.
- Ability to work in a highâpressure environment with competing deadlines.
- Demonstrated ability to contribute to a collaborative, coachingâorientated team culture.

Apply now!
For more exciting Finance vacancies, please visit:
/>I also specialise in recruiting in the following:
- Actuarial roles (Life, Short-Term, Health, Pensions, Quantitative)
- Data Scientists / Data Analysts (Python, R, SQL, Machine Learning)
- Risk Analysts (Credit, Market, Model Risk, Operational)
- Pricing Specialists (Insurance, Financial Products)
- Machine Learning & AI Data Scientists (ML Ops, NLP, Predictive Modelling)
- Quantitative Specialists across Banking, Insurance, and FinTech
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 / positions.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn:

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