Quantitative Credit Risk Specialist

Recruiter:

Network Recruitment

Job Ref:

NFP016012/MNG

Date posted:

Thursday, August 28, 2025

Location:

Johannesburg, South Africa

SUMMARY:
We're Hiring: A Quantitative Credit Risk Specialist.

POSITION INFO:
Location: Midrand (Hybrid)
Job Type: Full-time

Are you a credit modelling expert looking for your next exciting move? Join a dynamic start-up consulting environment where innovation meets impact.

We're looking for a Credit Quantitative Consultant who thrives in a fast-paced setting and is passionate about developing, refining, and validating credit risk models across various high-impact projects.

Minimum Requirements:

3–5 years of professional experience
At least 3 years credit modelling experience
A minimum of an Honours Degree in a quantitative field (Mathematics, Statistics, Applied Mathematics, Actuarial Sciences, Engineering, etc.)

Technical Responsibilities:

Develop and validate PD, LGD, and EAD models across various credit portfolios
Perform IFRS 9 modelling and impairment calculations
Conduct model monitoring, backtesting, and performance analysis
Build, document, and maintain credit risk scorecards (application and behavioural)
Perform portfolio segmentation, data cleaning, and feature engineering
Execute stress testing and scenario analysis
Prepare technical model documentation in line with regulatory and internal governance standards
Work with large datasets using tools such as SAS, SQL, Python, or R
Present modelling outcomes and insights to internal stakeholders and clients
Ensure models comply with regulatory standards (e.g. IFRS 9 and Basel)

Why Join?:

Exposure to exciting, multi-industry projects
Fast-growing, entrepreneurial environment
Hybrid work flexibility
Collaborative and innovative team culture

If you're ready to take your credit modelling career to the next level within a vibrant consulting environment, then we want to hear from you!

ð© Apply now ( ) or reach out for more info.

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.

ð For more finance jobs, visit: Network Recruitment International

Similar jobs you might be interested in:

Strategic Delivery Consultant - Global Markets Portfolio
Location: Sandton
Salary: R100k - 120k per month
Collaborate with cross-functional teams to analyse and document non-linear trading functionality
86 days ago

Accountant
Location: Johannesburg
Salary: 350000
An opportunity for an Accountant.
1 day ago

Accountant
Location: Johannesburg
Salary: 380000
An opportunity for an Accountant.
1 day ago

Credit Risk Analyst
Location: Johannesburg
Salary: Market related
Are you a driven and analytical professional with a passion for credit risk and financial modelling? Join a leading financial advisory team that partners with top-tier institutions across Africa and beyond. This is your chance to work on some of the most advanced and impactful credit risk projects in the industry.
2 days ago

Financial Accountant
Location: Johannesburg
Salary: 350 000
A leading property investment and management group is searching for a detail-oriented Financial Accountant to join their dynamic finance team.
5 days ago

Quantitative Credit Risk Specialist
Location: Johannesburg
Salary:
We're Hiring: A Quantitative Credit Risk Specialist.
6 days ago

Financial Accountant
Location: Pretoria
Salary: 400000 Annually
We’re looking for a Financial Accountant who can deliver accuracy, drive insights, and add real value. If you’re sharp, proactive, and thrive in fast-paced environments, then this is your next step.
7 days ago

Senior Actuarial Specialist â Short-Term Insurance
Location: Johannesburg
Salary:
Are you ready to take your actuarial career to the next level in a role where pricing meets data science? This is an opportunity to join a dynamic, forward-looking environment where your expertise in short-term insurance will directly influence strategy, profitability, and innovation.
8 days ago

Actuarial Analyst
Location: Midrand
Salary:
Are you a problem-solver passionate about short-term insurance pricing and strategy? Do you want the flexibility of a hybrid work model while playing a key role in shaping product, risk, and business decisions?
8 days ago

Group Finance Manager
Location: Johannesburg
Salary: 1300000 Annually
Lead the Financial Future of a Property Powerhouse.
13 days ago