Credit Risk Manager

2 days ago

Johannesburg, South Africa Performability Full time

The Credit Risk Manager is responsible for the management of Credit Risk across the life cycle of the unsecured loans portfolio. This not only includes being able to provide the strategic direction for the portfolio but also being able to undertake in-depth analysis of the portfolio. This position involves utilising insights gained from analytics to inform decision-making related to credit strategy and to determine the effectiveness of previous strategies implemented.

Being responsible for Credit Risk across the lifecycle is a fantastic opportunity to broaden your skills set and be an end-to-end portfolio owner. This is a hands-on role so be prepared to roll up your sleeves and get into the detail.

**Key Responsibilities**
- Develop, implement, and monitor credit strategies across the credit lifecycle for unsecured loans (small value, short term loans). These will include but are not limited to cut-off strategies, risk-based pricing and limit allocation strategies and collections strategies.
- Undertake in-depth credit risk analysis across the lifecycle and produce insights and value adding monitoring on a monthly and ad hoc basis
- Monitor and evaluate credit risk strategies implemented to ensure that they are within risk appetite
- Devise and set-up champion challenger strategies and monitor the effectiveness thereof
- Run the monthly impairment model and produce the related provisioning paper for discussion and sign-off by the key stakeholders
- Enhance the existing monthly and ad hoc reporting to identify trends, improve insights into the portfolio and drive Credit strategy as a result
- Provide direction and guidance to cross-functional teams to ensure that credit strategies and models are implemented as expected and obtain the desired outcome

***Qualification and Experience**

**BCom Honours in Economics, Finance, or related disciplines or alternatively a BSC Degree in Statistics or Mathematics (Quantitative degree) or equivalent**.

Analytical skills (ability to extract and analyse large volumes of data), coding skills (SQL, SAS, Python or related skills), model building skills (provision and scoring models would be advantageous), credit strategy development skills, presentation development (PowerPoint) & presentation skills, the ability to solve potentially complex problems and communicate the problem and outcome in a simplified manner, detail orientation and excellent verbal and written communication skills.

**5 Years + working in a Credit Risk environment preferably in an acquisitions role and preferably already at management level (note that management experience can be less than 5 years).**

Experience and exposure across the other parts of the Credit Risk lifecycle (Existing Customer

Management, Collections Strategy and Provisions) would be advantageous.

Any experience in Fraud or Compliance analytics would also be advantageous.

**Key requirements**:
The ability to operate both at a strategic and operational level.

Good stakeholder management ability and the ability to develop relationships across senior and junior levels.

An innate drive to succeed and a passion for credit as a tool to improve the lives of the poor.

Commercial savviness and the ability to balance the risk/reward equation.

  • Credit Risk Analyst

    1 week ago

    Johannesburg, South Africa Credit Link Placements Full time

    The overall purpose of the job is to assess and mitigate risk by carrying out a comprehensive and quality credit risk function by analyzing the client’s business, financial statements, and management accounts in order to provide a recommendation on new accounts and existing accounts annually. - Record new account information in the new accounts register...

  • Credit Risk Manager

    2 days ago

    Johannesburg, South Africa Milton Resourcing Full time

    As a Credit Manager, you will be responsible for a diverse range of tasks aimed at safeguarding the bank's financial health and maintaining a robust credit policy. Your key responsibilities will include but not be limited to: - ** Credit Assessments**: Conducting thorough credit assessments of individuals and businesses to evaluate their creditworthiness...

  • Manager: Credit Risk

    7 days ago

    Johannesburg, South Africa Fempower Personnel Full time

    Our client has an opportunity available for a Manager in the Credit Risk department based in Sandton. **Requirements**: - CA or BCom postgraduate qualification. - MBA would be advantageous. - 10 to 15 years Credit Risk experience in a financial institution. - 3+ years managing teams directly or indirectly. - Experience in risk mitigation standards and...

  • Credit Risk Manager

    2 weeks ago

    Johannesburg, South Africa Kpmg South Africa Full time

    Join to apply for the Credit Risk Manager role at KPMG South Africa. Overview We have an exciting opportunity to join our Financial Risk Management business unit, as we are looking to fill a Manager position in our Credit Risk & Capital Management team. We are a specialist function within KPMG's Advisory Practice, whose main purpose is to assist clients with...

  • Credit Risk Manager

    2 weeks ago

    Johannesburg, South Africa Phaki Personnel Full time

    Job Reference : JHB HRM-1Purpose of the Job : Review and Recommend Models and Strategies : The manager plays a pivotal role in reviewing and recommending the company's developmental credit risk and investment risk models and strategies in line with best practice. This involves staying updated on industry standards and ensuring the company's approaches are...

  • Credit Risk Manager

    1 week ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To maximise the banks Risk-Adjusted Rate of Return by managing credit risk in the entire portfolio and individual transactions as well as managing Credit Analysts - Achieve year on year TotalRevenue Growth for the Business - Reduce Bad debts as a percentage of performing loans utilisation based on effective lending principals applied during...

  • Credit Risk Manager

    5 days ago

    Johannesburg, South Africa Phaki Personnel Full time

    Job Reference: JHB -HRM-1 Purpose of the Job: Review and Recommend Models and Strategies: The manager plays a pivotal role in reviewing and recommending the company's developmental credit risk and investment risk models and strategies in line with best practice. This involves staying updated on industry standards and ensuring the company's approaches are...

  • Credit Risk Manager

    2 days ago

    Johannesburg, South Africa Sourcefin Full time

    **Credit Risk Manager**: - Johannesburg, South Africa - Full-time_ **We're looking for a Credit Risk Manager who can safeguard the business while enabling growth.** At Sourcefin, we make purchase order funding and invoice discounting easy for South Africa's forgotten SMMEs. As our Credit Risk Manager, you'll ensure that every deal meets our internal...

  • Manager - Credit Risk

    7 days ago

    Johannesburg, South Africa Jelocorp Full time

    **Main purpose of the Job**: To carry out comprehensive credit risk management for the branch **Duties & Responsibilities**: - Administer the Drawdown Centre process and procedure - Ensure the above complied with internal policies and procedure manuals - **_Ensure policy compliance_** - _Monitor counterparty and industry concentration risk_ - _Monitor...

  • Credit Risk Portfolio Manager

    2 weeks ago

    Johannesburg, South Africa iLaunch Full time

    Monitor the performance of credit portfolios, identifying trends and potential risks, and recommending appropriate risk mitigation strategies. Preparingand presenting reports to senior management Managing model risk for the credit portfolio. Ensure the Credit Risk framework and related credit policies are aligned to regulatory developments Contribute to...