Credit Risk Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016697/ZG

Date posted:

Thursday, March 26, 2026

Location:

Johannesburg, South Africa

Salary:

Annually

SUMMARY:
We are partnering with a highly regarded, analytics-driven advisory environment to appoint a Credit Risk Manager into a specialist credit risk and capital optimisation team. This opportunity is ideal for a technically strong professional who enjoys balancing hands-on modelling work with team leadership and project delivery.

POSITION INFO:
In this role, you will take ownership of complex credit risk modelling initiatives while overseeing the delivery of key client engagements. You’ll collaborate with multidisciplinary quantitative teams and gain exposure to a wide variety of institutions, ranging from niche lenders to large, sophisticated financial organisations.

The environment promotes innovation and continuous learning, with strong exposure to modern tools, coding practices, and advanced modelling techniques.

Key Responsibilities

Lead the development, enhancement, and review of credit risk models across impairment and capital frameworks
Oversee project planning, execution, and delivery across multiple workstreams
Drive improvements in model implementation, automation, and efficiency
Maintain high standards of technical quality and governance across all deliverables
Mentor and develop junior team members, supporting both technical and professional growth
Foster a collaborative, high-performance team culture

Skills & Experience

Strong background in quantitative credit risk modelling
Solid understanding of modern statistical and analytical techniques
Proficiency in coding (Python, R, or SAS) with the ability to interpret and enhance existing models
Experience leading projects or managing small teams
Strong organisational skills with the ability to manage competing priorities
Excellent communication skills, with the ability to translate technical concepts into business insights
A collaborative and proactive leadership style

Minimum Requirements

Honours or Master’s degree in a quantitative field (e.g. Mathematics, Statistics, Quantitative Finance, or similar)
Minimum of 6 years’ experience within a credit risk or analytics-focused role
Relevant professional certifications (e.g. FRM) are advantageous

Why Consider This Opportunity?

This role offers the chance to step into a leadership position within a fast-paced and intellectually engaging environment. You’ll work on impactful projects, gain exposure to complex financial risk challenges, and play a meaningful role in shaping both client outcomes and team development.

For more exciting Actuarial and Analytics vacancies, please visit:

I also specialise in recruiting in the following:

Actuarial: Life, Short-Term, Health, Pensions, and Quantitative

Data & Analytics: Data Scientists, Data Analysts (Python, R, SQL, Machine Learning)

Risk: Credit Risk, Market Risk, Model Risk, and Operational Risk Analysts

Pricing: Specialists in Insurance and Financial Products
AI & Machine Learning: ML Ops, NLP, Predictive Modelling Data Scientists
Quantitative: Experts 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:
Zahrah Gani
Specialist Recruitment Consultant
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