Credit Risk Modelling Specialist

Recruiter:

Network Recruitment

Job Ref:

NFP016579/HN

Date posted:

Tuesday, February 3, 2026

Location:

Midrand, South Africa

SUMMARY:
Credit Risk Modelling Specialist

Are you passionate about credit risk modelling, predictive analytics, and financial regulations? Step into a role where you’ll work with some of the most advanced risk methodologies in the market, partnering with top-tier financial institutions and gaining exposure across diverse industries. If you thrive in a highâperformance, collaborative environment that values technical excellence, this opportunity is for you.

Join a leading global professional services environment known for delivering highâimpact advisory solutions to clients in financial services and beyond. You will be part of a division that specialises in regulatory and financial risk, credit model development, economic capital, IFRS 9, model validation, analytics, and strategy formulation.
This role offers exceptional career progression, continuous technical upskilling, mentorship from industry experts, and exposure to a wide variety of complex modelling engagements. The team embraces hybrid working, diversity, innovation, and a culture of excellence—making it an ideal home for ambitious quantitative professionals.
What’s in it for you?
Access to highâprofile projects, cuttingâedge modelling techniques, exceptional learning opportunities, and the ability to shape how clients approach credit risk and financial regulation.

POSITION INFO:

Key Responsibilities

Develop, calibrate, and implement credit risk models including IFRS 9, scorecards, regulatory capital, and behavioural models.
Conduct model validation, performance monitoring, and benchmarking against industry metrics.
Derive portfolio credit analytics and prepare highâquality reports and client deliverables.
Communicate modelling insights, challenges, and outcomes with clients and internal teams.
Assist in drafting technical reports, presentations, and documentation for review.
Share knowledge, provide guidance to junior team members, and contribute to continuous improvement.

Job Experience and Skills Required

Education

Undergraduate degree in Statistics, Mathematics, Financial Engineering, Actuarial Science, Engineering, Economics, Econometrics, or related quantitative field.

Experience

3–5 years’ experience in banking, financial services consulting, or a quantitative modelling environment.
Solid understanding of credit risk modelling, predictive analytics, and model lifecycle processes.
Exposure to IFRS 9, Basel regulations, model risk management, or credit lifecycle processes.

Skills

Strong proficiency in MS Word, Excel, and PowerPoint.
Coding skills in SAS, R, Python and/or SQL.
Excellent report-writing capability and ability to present complex concepts clearly.
Strong stakeholder management, communication, and problemâsolving abilities.
Ability to manage multiple projects, adapt to change, and work effectively under pressure.

Other NonâNegotiables

Passion for quantitative modelling and a commitment to technical excellence.
Strong business acumen and analytical mindset.
Ability to work with multidisciplinary teams.

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.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn:

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