Junior Credit Risk Quant Analyst

SUMMARY:
An Exciting Opportunity for a Junior Credit Risk Quant Analyst in Johannesburg.

POSITION INFO:
Are you a highly analytical professional looking to launch or grow your career in credit risk and quantitative modelling? Join a dynamic and collaborative team that partners with leading financial institutions to solve complex credit risk challenges using best-in-class methodologies and frameworks.
 
About the Role:
In this role, you will support the development, validation, and enhancement of credit risk models, with a strong emphasis on:

• Credit scorecards (application, behavioral, and collections)
• Basel regulatory frameworks
• Core risk parameters: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD)
• IFRS 9 impairment modelling and transition from IAS 39

• A Bachelor’s (Honours) or Master’s Degree in a quantitative field (e.g., Mathematics, Statistics, and Actuarial Science)
• 1–3 years’ experience in a credit risk quants or modelling role, or a strong academic background with exposure to relevant tools and concepts
• Understanding of Basel requirements, IFRS 9 impairment modelling, and risk metrics like PD, LGD, and EAD
• Familiarity with developing or validating credit scorecards
• Proficiency in SAS or other statistical tools is advantageous
• Strong communication skills to convey complex quantitative insights to both technical and non-technical stakeholders

• Work on high-impact projects across a diverse financial services client base
• Grow your expertise in regulatory credit risk, impairment modelling, and capital frameworks
• Be part of a learning-oriented environment that values professional development
• Explore international travel opportunities as you advance your career