Credit Risk Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016642/HN

Date posted:

Tuesday, March 3, 2026

Location:

Johannesburg, South Africa

SUMMARY:

Credit Risk Manager

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.

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.
WIIFM?
The chance to sharpen your modelling expertise, grow your leadership capability, and contribute to highâimpact credit risk projects at industry-leading standards.

POSITION INFO:

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 in 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, 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:

Similar jobs you might be interested in:

Credit Risk Manager
Location: Johannesburg
Salary:
credit risk managerAre 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 organisatio...
Today

Credit Risk Manager
Location: Midrand
Salary: 40 000
ð¨ credit risk manager (Hybrid) Role Purpose:Own and optimise the end-to-end credit risk strategy — from customer acquisition and pricing to scorecards, fraud management, collections performance, and portfolio analytics.
18 days ago

Credit Risk Manager
Location: Johannesburg
Salary:
Are you a seasoned credit risk specialist ready to step into a highâimpact managerial role? This opportunity gives you the platform to lead, build, innovate, and shape advanced risk modelling within a fastâgrowing financial risk environment.
29 days ago

Credit Risk Manager
Location: Johannesburg
Salary:
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 revie...
29 days ago

Senior Credit Risk Consultant / Assistant Manager
Location: Johannesburg
Salary:
An exciting opportunity is available for a Senior credit risk Consultant / Assistant manager to join a highâperforming team within a leading advisory and consulting environment. This role is ideal for a motivated professional who enjoys solving complex business problems, thrives in a clientâfacing environment, and is ready to contribute from day one.
22 days ago

Senior Credit Risk Consultant / Assistant Manager
Location: Johannesburg
Salary:
An exciting opportunity is available for a Senior credit risk Consultant / Assistant manager to join a highâperforming team within a leading advisory and consulting environment. This role is ideal for a motivated professional who enjoys solving complex business problems, thrives in a clientâfacing environment, and is ready to contribute from day one.
22 days ago

Senior Credit Risk Consultant / Assistant Manager
Location: Johannesburg
Salary:
An exciting opportunity is available for a Senior credit risk Consultant / Assistant manager to join a highâperforming team within a leading advisory and consulting environment. This role is ideal for a motivated professional who enjoys solving complex business problems, thrives in a clientâfacing environment, and is ready to contribute from day one.
28 days ago

Senior Credit Risk Consultant
Location: Johannesburg
Salary:
Senior credit risk Consultant Are you a quantitative credit risk specialist ready to elevate your career into a highâimpact Senior Consultant role? This exciting opportunity invites you to join a leading Financial risk Management environment, working with advanced statistical models and driving analytical excellence across the credit risk landscape.Join a specialist Financial risk Management tea...
Today

Senior Credit Risk Analyst (Retail Credit)
Location: Johannesburg
Salary: 1100000 Annually
Established and high profile Financial Services company seeks an experienced credit risk Analyst
5 days ago

Credit Risk Specialist – Distressed Portfolio
Location: Centurion
Salary:
5 days ago