Credit Risk Modelling Manager / Assistant Manager

Recruiter:

Network Recruitment

Job Ref:

NFP015909/MNG

Date posted:

Wednesday, July 16, 2025

Location:

Johannesburg, South Africa

SUMMARY:
Now Hiring: A Credit Risk Modelling Manager / Assistant Manager.

POSITION INFO:
Are you looking to step into a role where your credit risk modelling expertise makes a measurable impact? We are looking for Assistant Managers and Managers, to join a growing Credit Risk & Capital Management team within a leading Financial Risk Management environment.

About the Role:

Develop and review credit risk models for provisioning and regulatory capital requirements (e.g., IFRS 9 and scorecards).
Support planning, budgeting, execution, and close-out phases of projects.
Assist with coding and automating financial risk models using Python, R, or SAS.
Contribute to a coaching-focused culture, empowering team members to share ideas and challenge constructively.
Gain exposure to a wide range of modelling techniques used by both local and globally systemically important banks.

What We’re Looking For:

Relevant experience in quantitative credit risk modelling.
Strong foundation in contemporary statistical techniques for credit risk.
Coding experience with SAS, Python, or R.
Excellent organizational and time management skills.
Track record of managing small workstreams and mentoring junior staff.
Ability to articulate quantitative concepts to technical and non-technical audiences.
Comfortable working in a fast-paced, deadline-driven environment.

Minimum Requirements:

Honours or Master’s Degree in Quantitative Finance, Mathematics, Statistics, or a related quantitative discipline (FRM advantageous).
At least 5 years’ experience in credit risk.

Why Join?:

Work with a team of diverse quantitative specialists across actuarial, statistics, mathematics, and engineering disciplines.
Gain exposure to the latest technologies and approaches in financial risk modelling.
Build your expertise within a collaborative and empowering culture.

If you are passionate about quantitative modelling and looking to elevate your career in credit risk, then we would love to connect with you.

Disclaimer:
If you do not hear back from us within two weeks, please consider your application for this vacancy unsuccessful. Your profile will be kept on our database for any other suitable roles in the future. We also invite you to reach out to us to discuss your next finance career opportunity.

Website:

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