Regulatory & Financial Risk (RFR): Credit Risk - Assistant Manager / Manager

Recruiter:

Network Recruitment

Job Ref:

NFP016876/HN

Date posted:

Wednesday, June 10, 2026

Location:

Midrand, South Africa

SUMMARY:

Take your credit risk career to the next level by joining a high-performing advisory team delivering cutting-edge solutions across IFRS 9, Basel modelling, and advanced analytics. This is your opportunity to work on complex, high-impact projects while growing into a leadership role within a dynamic and collaborative environment.

Join a global professional services environment that is recognised for delivering impactful solutions across financial services, risk advisory, and consulting. The organisation offers exposure to top-tier clients across banking, telecoms, retail, and healthcare sectors, both locally and internationally.
The Regulatory & Financial Risk (RFR) team is a trusted advisor specialising in credit risk modelling, regulatory frameworks, and financial analytics. You will collaborate with a diverse team of quantitative specialists, actuaries, and financial experts to deliver innovative and data-driven insights.
This opportunity offers a hybrid working model, continuous learning, and strong career progression into leadership. You will gain exposure to complex engagements while building both technical and client-facing expertise.
What’s in it for you?
Work on impactful projects, enhance your technical capabilities, and accelerate your career within a collaborative, inclusive, and high-performance culture.

POSITION INFO:

Key Responsibilities:

Develop, calibrate, and validate credit risk models (PD, EAD, LGD)
Perform model monitoring, testing, and benchmarking analyses
Generate portfolio credit analytics and provide strategic insights
Review and ensure quality assurance of deliverables and reports
Engage with clients to communicate findings and project outcomes
Support project management and mentor junior team members

Job Experience and Skills Required:
Education:

Degree/Honours in Statistics, Mathematics, Financial Engineering, Economics, Econometrics, Engineering, or related field

Experience:

4–6 years’ experience in banking, financial services, or consulting
Proven experience in credit risk modelling and financial analytics
Exposure to IFRS 9, Basel frameworks, and the credit lifecycle
Experience managing projects and engaging stakeholders

Skills:

Strong financial modelling and analytical capability
Proficiency in SAS, R, and/or Python
Advanced Microsoft Excel, Word, and PowerPoint
Excellent communication, report writing, and presentation skills

Non-Negotiables:

Solid understanding of credit risk methodologies (PD, EAD, LGD)
Strong problem-solving ability and attention to detail
Ability to work in a fast-paced, client-driven environment

Apply now!
For more exciting Finance vacancies, please visit: />I also specialise in recruiting in the following:
- Actuarial Analyst
- Quantitative Analyst
- Risk Management
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 / positions.
For more information, contact:
Heidi Joubert
Specialist Recruitment Consultant
Connect with me on LinkedIn!

NB! This job is now closed. You can apply for other jobs by uploading your CV.

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