186 Credit Risk jobs in Gauteng

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 standards, compliance requirements, and risk appetite. You’ll audit, review, and refine vetting processes — making sure we protect our business and our reputation while keeping deals moving.

• Review client and end-buyer vetting documentation and tasks.

• Flag discrepancies and ensure follow-up with Deal Owners.

• Audit compliance with all Sourcefin PO Financing and Invoice Discounting mandates.

• Review compliance activities post-deal approval.

• Manage and guide Credit Risk Analysts in daily operations.

• Contribute to the improvement of Sourcefin’s deal compliance frameworks and processes.

• Relevant Honours or Postgraduate degree (LLB or BCom Risk advantageous).

• 3+ years’ experience in legal, general risk, or credit risk within a company setting.

• Proven ability to manage people and processes effectively.

• Detail-oriented, organised, and risk-averse.

• Strong communication skills (written and verbal).

• Ability to work under pressure and meet deadlines.

• Impact: Your leadership ensures deals are both compliant and enabling SMME growth.

• Autonomy: We trust you to make the calls that matter.

• Growth: Lead a high-performing risk team while working alongside experienced leaders.

• Care: Medical aid contributions, mental health and well-being support via October Health, and subsidised meals from our Olive & Plate deli.

Ready to lead risk with confidence?
Apply now and be part of a team that balances caution with opportunity.

Credit Risk Analyst
Johannesburg, South Africa – Full-time

At Sourcefin, we make purchase order funding and invoice discounting easy for South Africa’s forgotten SMMEs. As a Credit Risk Analyst, you’ll play a critical role in protecting the business by identifying, assessing, and mitigating risk. From vetting clients and end buyers to reviewing tender documents, your work will ensure every deal is sound, compliant, and aligned to our growth ambitions.

• Conduct credit checks on prospective and existing clients.

• Review and vet client documentation, including bank statements.

• Assess and vet prospective and existing end buyers.

• Support the enhancement of our compliance frameworks and processes.

• Identify, escalate, and mitigate risks to Sourcefin.

• Bachelor’s degree (Risk/Compliance advantageous).

• Experience with credit bureau platforms (advantageous).

• Strong communication skills, both written and verbal.

• Detail-oriented, organised, and able to work under pressure.

• Proficient in MS Office Suite.

• Risk-averse mindset and the ability to work both independently and in a team.

• Fluent in English (additional languages advantageous).

• Impact: Your work directly safeguards the company while enabling SMMEs to grow.

• Growth: Learn from a high-performing, close-knit team and develop your skills.

• Autonomy: You’re trusted to make sound decisions without micromanagement.

• Care: Medical aid contributions, mental health and well-being support via October Health, and subsidised meals from our Olive & Plate deli.

Ready to help us partner for growth?
Apply now and be part of a company where your diligence makes a tangible difference.

Overview

Job title / position: Credit Risk Manager

Number of positions:

Function and Business Unit: Financial Risk Management - Credit Risk and Capital Management

Description of the role and purpose of the job :

We have an exciting opportunity to join our Financial Risk Management business unit, since 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 which has as its main purpose to assist clients with the development and review of often complex statistical models used to quantify financial risks. The Credit Risk & Capital management team is made up of credit risk modellers and analysts from a broad and diverse range of quantitative backgrounds, including mathematics, statistics, engineering and actuarial.

As a Manager, you will not only have a technical specialist role in the auditing and the development of credit risk models (IFRS9, scorecards, etc.), but also assist the Senior Manager with responsibilities with regard to the planning, organization and quality control of projects. The role offers exposure to a wide range of modelling techniques used by banks ranging from smaller local credit providers to globally systemically important banks. It also provides access to the latest technologies and developments, and you will be able to hone your coding skills in packages like Python, R and SAS.

• Development and review of credit risk model both for provisioning and regulatory capital requirement purposes
• Support with managing projects in the planning / budgeting, execution, and close-out phases.
• Assisting with the coding and automation of financial risk management models
• Participating in building a coaching culture aimed at getting the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.

• Relevant experience within a quantitative credit risk-based role
• Well versed in contemporary statistical techniques and practices in credit risk modelling.
• Able to read, interpret and create software code, and relevant experience with modern computing languages related to credit risk modelling ( SAS, Python, or R)
• Strong organisational and time management skills
• Proven track record of managing and delivering small workstreams
• Experience of managing teams, coaching and mentoring junior staff
• Able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
• Good presentation and communication skills with ability to articulate quantitative concepts to both technical and non-technical individuals
• Participating in building a coaching culture aimed at getting the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.

Minimum requirements to apply for the role (including qualifications and experience) :

• A Hons or Masters degree in a quantitative discipline such as Quantitative Finance, Mathematics, Statistics or equivalent, FRM advantageous
• At least 6 years of experience in credit risk

Reference : NFP -HN-1

Credit Risk Modeller - Turn Data into Smarter Lending Decisions

Do you see numbers where others see noise? Can you design a model that anticipates risk before it happens? We are looking for a Credit Risk Modeller to help shape the future of smarter lending through powerful analytics and predictive risk modelling.

About the Role

This is not just another modelling job; it's an opportunity to take ownership of credit risk strategy and build impactful solutions from scratch. You will be central to decision-making, designing models that drive financial performance, enable growth, and promote smart risk-taking across both merchant and consumer lending portfolios.

Responsibilities

• Design, develop, and maintain advanced credit risk models that support smarter lending decisions.
• Build and refine credit scoring models to improve approval rates and reduce defaults.
• Monitor model performance and stability using diagnostic tools and validations.
• Collaborate with analysts, engineers, and decision-makers to ensure data quality and integrity.
• Produce clear, audit-ready documentation supporting model governance.
• Contribute to stress testing and scenario planning for capital and regulatory assessments.
• Assist in integrating models into operational systems and automation pipelines.
• Stay informed about regulatory updates, emerging modelling trends, and AI innovations.

Qualifications

• A degree in Statistics, Data Science, Actuarial Science, Mathematics, or related fields.
• 3+ years of hands-on experience building risk or financial models.
• Strong understanding of credit lifecycle, scorecard development, and risk KPIs.
• Proficiency in Python, R, SQL, or SAS, and experience working with large datasets.
• Comfortable working in fast-paced, data-rich environments (fintech experience is a plus).
• Bonus: Familiarity with model governance, validation frameworks, or regulatory requirements.

Preferred Skills

• Possession of an MSc or PhD in a quantitative field.
• Knowledge of machine learning techniques, even if not used daily.
• Ability to explain concepts like the Gini coefficient or PD curve to non-technical stakeholders.
• Experience embedding models into production systems within cross-functional teams.

What You Will Gain

• Influence lending decisions and risk appetite through your models.
• Full ownership of the modelling lifecycle, from development to deployment.
• Access to real-world data, real-time feedback, and tangible impact.
• A collaborative team of data enthusiasts and business innovators.
• Opportunities to grow, innovate, and advance your career.

If you're interested, please apply directly. For more finance jobs, visit our website. If you do not receive a response within two weeks, consider your application unsuccessful. Your profile will be retained for future opportunities. Feel free to contact us to discuss your next career move in finance.

For more information, contact:

Heidi Nieuwoudt, Specialist Recruitment Consultant: Actuarial and Analytical

Employment Type : Full-Time

Experience : 3+ years

Vacancy : 1

Job Requisition Details

REQ#

Location : Johannesburg Gauteng

Closing Date : 07 August 2025

Talent Acquisition : Bongiwe Mchunu

Job Family

Credit

Career Stream

Credit Collections

Leadership Pipeline

Manage Self Professional

FAIS Affected

Job Purpose

To provide client service by applying sound credit risk management principles through management of staff thereby enabling Nedbank to reduce the RRB impairment charge with the view to rehabilitate in line with the business strategy.

Job Responsibilities

• Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS).
• Ensure efficient work ethic and achievement of business unit strategies & goals by proposing innovative ideas to enhance Business processes that facilitate customer experience.
• Provide feedback monthly by drafting business reports as at month end.
• Build and maintain effective working relationships by attending regular staff meeting and team building sessions.
• Build strong relationships with bankers by providing upskilling advice on credit processes policies and documentation.
• Build intellectual capital of the team by knowledge sharing with all stakeholders.
• Meet clients expectations by resolving queries within turnaround times.
• Manage staff performance by monitoring daily activities of direct reports.
• Manage performance of the team by conducting on the job training counselling and coaching.
• Manage efficiency of team delivery by drafting and implementing teams strategies.
• Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections.
• Enhance policies and procedures by reviewing recommended submissions from other parties.
• Enhance processes by constantly seeking innovative improvements to the credit systems.
• Adapt to changes in Legislation by enforcing the compliance to the changes.
• Improve team performance by identifying staff performance gaps from assessment evaluations and analysing performance data from the Management Information System (MIS).
• Ensure clean audit in area of responsibility by enforcing adherence to bank policies process and procedures and industry regulations.
• Implement sound credit risk management by providing advice on specialized credit risk matters to sales and direct reports.
• Develop client exit or rehabilitation strategies by conducting annual review of client facilities.
• Manage performance of staff by implementing performance agreements ensuring a clear vision agreeing on goals and objectives providing regular feedback on performance recognising and rewarding achievement and take appropriate corrective action where required.
• Mentor and coach staff on identified performance gaps by discussing these performance gaps and agree on appropriate action to be taken.
• Motivate staff to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes.
• Address issues raised in culture surveys by participating in the development and implementation of action plans.
• Create a client service culture through various required interventions.
• Support and encourage staff to participate and support corporate responsibility initiative.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• Encourage team to generate innovative ideas and share knowledge.

Essential Qualifications - NQF Level

Preferred Qualification

Minimum Experience Level

Requirements

Technical / Professional Knowledge

Behavioural Competencies

Please contact the Nedbank Recruiting Team at

Required Experience :

Manager

Key Skills

Arm,Risk Management,Financial Services,Cybersecurity,COSO,PCI,Root cause Analysis,COBIT,NIST Standards,SOX,Information Security,RMF

Employment Type : Full Time

Experience : years

Vacancy : 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 competitive and effective.

Develop and Maintain Risk Models: Assist in developing, monitoring, reviewing, and maintaining portfolio risk models and IFRS9 models for impairment purposes, focusing on Expected Credit Loss (ECL) and Unexpected Loss (UL) perspectives. This requires a deep understanding of predictive analytics and financial modelling.

Risk Quantification: Through predictive analytics, determine and update default probabilities across clients, products, and portfolios based on historical, current, and market data patterns and trends. This involves a data-driven approach to assess and mitigate risk.

Collaboration with Finance and Treasury: Work closely with Finance and Treasury to contrast the likelihood of possible performance scenarios around key value drivers such as collections, impairments, disbursements, etc., ensuring financial stability and foresight in planning.

Financial and Risk Reporting: Run month-end, quarterly, and year-end reporting processes, providing technical support in financial and risk reporting, issue analysis, project management, quality assurance review, and leading key projects that impact credit and investment projects.

Stakeholder Engagement and Team Collaboration: Collaborate with the Credit team, develop relationships with stakeholders outside the credit risk function, and contribute to various Credit and Investment Committees. This involves presenting insights and solutions that guide the company towards optimal investment decision-making.

Leadership and Employee Development: Lead employee development, demonstrating strong leadership qualities and a proactive attitude towards driving solutions. The role expects the candidate to be a good team player and self-motivated, enhancing the team's capabilities and promoting a culture of continuous improvement.

Awareness and Analytical Skills: Demonstrate a broad awareness of the credit and investment risk environment, management, financial reporting, and analytical skills. This foundational responsibility supports all other tasks by ensuring decisions are made based on a comprehensive understanding of the market and internal capabilities.

Key Performance Areas:

• Portfolio risk management - reviews and recommends the company's developmental credit risk and investment risk models and strategies
• Policies, processes, and Stakeholder Management
• Credit Risk Reporting
• Data management and data analytics
• Risk modelling, forecasting and capital management
• Capital losses, Impairments and write-offs
• People Management

• CA(SA)/FRM/CFA/Masters in risk or postgraduate qualification in statistics
• Relevant Degree (Statistical/Finance/Mathematical background)
• MBA or similar (advantageous)
• Proficient in SAS/R/SQL
• Data analytics and data science (advantageous)

• Above or similar related qualification

• 7 years’ relevant experience in Credit risk, development finance, lending and investments. Advanced knowledge of investment risk management systems
• Knowledge of NCR and NCA and related legislation
• Experience in managing teams
• Expertise in building or validating impairment models (including experience in Basel/IFRS9/scorecard models, equity valuation)

• Above experience in a similar environment with financial modelling experience

Reference: NFP -SHb-1

Are you a seasoned professional with a knack for navigating the intricate world of credit risk management? Do you thrive in dynamic environments where your strategic insights can shape the financial landscape?

We are in search of a skilled Credit Risk Manager to join our talented team. As a Credit Risk Manager, you will play a pivotal role in assessing, monitoring, and mitigating credit risks to ensure the financial stability and success of our clients.

Key Responsibilities:

1. Develop and implement robust credit risk management strategies to safeguard against potential losses.
2. Analyze credit data and trends to identify emerging risks and opportunities for improvement.
3. Collaborate with cross-functional teams to establish and enforce credit policies and procedures.
4. Monitor portfolio performance and provide timely insights and recommendations to optimize risk-return profiles.
5. Stay abreast of industry developments and regulatory requirements to ensure compliance and best practices.

1. Bachelor's degree in finance, economics, or a related field; advanced degree preferred.
2. Ideally 5 – 10 years’ professional working experience.
3. Minimum of 3 (ideally 5) years’ credit modelling experience.
4. 1 - 2 years’ experience managing teams and/or projects.
5. Consulting experience is an advantage.
6. Proven experience in credit risk management within the financial services industry.
7. Strong analytical skills with proficiency in data analysis tools and techniques.

Apply now!

Reference: HC -Pales-1

One of the leading global banks is looking for a Credit Risk Manager. The bank provides a wide range of financial services to its customers globally, supporting international trade, investment, and financial needs. Through its overseas operations, they offer services such as corporate banking, retail banking, trade finance, and treasury operations to clients across different regions, including Asia, Europe, North America, Oceania, and Africa. This global footprint underscores their position as one of the world's largest and most influential banks.

This position is responsible for analyzing credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports. In addition, ensuring compliance with the credit policy and related credit policies of the bank and to provide training on the aforementioned as well as annual review and amendments to align with Group requirements.

Key Performance Indicators for this KPA

1. Review credit Limit and transaction application and provide risk review opinions
2. Review credit rating applications and provide credit rating validations
3. Administer the Drawdown Centre process and procedure
4. Ensure the above complies with internal policies and procedure manuals
5. Ensure policy compliance
   - Monitor counterparty and industry concentration risk
   - Monitor credit limit expiry and credit limit renewal
   - Monitor the monthly post lending reporting and issue risk review opinion
   - Monitor annual review of loans and advances
   - Monitor internal credit rating validity and credit rating renewal
   - Monitor covenant compliance and adherence to legal agreements
   - Monitor the risk classifications of loans and advances
6. On-going post lending monitoring
   - Identify and evaluate significant increases in credit risk
   - Measure the impact of adverse news, ESG risk, RAD triggers on assets / counterparties
   - Trigger loan / asset risk classifications reviews
   - Make risk-based recommendations for the various committee
7. Monitor Past Dues, Non-performing assets and report on the write off process of loans and advances
8. To be responsible for credit administrative functions for example confirmations for new drawdowns (and roll-overs) and covenant monitoring
9. Cooperate and collaborate with Front Office Departments to obtain condonations for breaches of any policy requirements
10. Maintain the credit limit and credit rating expiry monitoring tool
11. Maintain the annual post lending monitoring tool and ensure annual reports are completed
12. Take responsibility for reminding Front Office Departments to follow up on exposures in excess
13. Cooperate and collaborate with Front Office Departments on roll-overs of interest period on loans and advances are conducted

• BCom Degree in Finance, Economics or related field **Essential**
• Banking/Financial Services 3-4 years experience
• Credit/Business Analyses 3-4 years experience
• Risk 3-4 years experience
• Analysis of financial statements
• Analysis of credit applications (corporate clients)
• Compile credit assessment reports
• General understanding of the function of a bank
• Regulations relating to Banks
• Analytical and attention to detail
• Excellent Communication (Written and verbal)
• MUST come from banking environment

Manager: Credit Risk

The opportunity

We are currently recruiting for a Manager within our Financial Services Risk Management – Quantitative Advisory Services (QAS) team. The role will focus on credit risk. This includes credit risk modelling, credit risk model validation and the development of advanced analytical solutions for credit decisioning.

The practice focusses on financial services across banking, insurance, and corporate treasuries.

Your key responsibilities

The successful applicant will help develop and lead a team which can offer our clients advice and hands on assistance with issues such as:

• Development and validation of credit risk models (PD, LGD, EAD, ECL) under IFRS 9
• Credit impairment assessment and due diligence reviews
• Create visualisations of data and generate in-depth insights
• Review and validation of Basel internal rating-based models
• Regulatory capital modelling
• Design and review of credit risk pricing models
• Development of thought leadership material on relevant industry topics

Client responsibilities

• Participate in and, as required, lead FSRM client engagements
• Develop long-term, sustainable relationships with key client stakeholders in line with our go to market strategies and individual market development initiatives
• Develop client solutions based on a deep understanding and knowledge of clients’ business needs
• Develop informed views for clients on the implications of current and anticipated industry issues
• Generate new business sales through proactively managing key accounts, identifying new client opportunities and playing a significant role in developing and driving sales campaigns/solutions

People responsibilities

• Live the EY values
• Act as a thought leader in the field of credit risk
• Lead engagement teams and accounts
• Develop people through effectively supervising, coaching and mentoring all junior levels of staff
• Provide learning and growth opportunities to staff and encourage the potential within all staff to take on challenging opportunities
• Conduct performance reviews and contribute to performance feedback for junior levels of staff
• Contribute to people initiatives including recruiting, retaining and training FSRM professionals
• Maintain an educational program to continually develop your own personal skills

Qualifications and experience required

• Relevant Masters (MComm / MSc /MPhil) or Honours degree in quantitative field like computer science, engineering, actuarial, statistics, mathematics, or related field
• Professional qualification (CFA / FRM / PRM / FIA / FASSA) a plus
• Sound understanding of quantitative methods and the application of these to financial risk management
• Sound understanding of data science methods
• A minimum of 5 years relevant working experience

Otherskills and attributes for success

• Strong analytical skills and statistical aptitude in a modelling environment
• Experience in the development, review and validation of credit risk models (PD, LGD, EAD, ECL) under IFRS 9 and Basel internal rating-based models is a plus
• Proficient in MS office
• Proficient in SAS
• Proficient in VBA, R or Python
• Innovative, creative thinking
• Robust project management skills
• Solid presentation skills
• Effective time management
• Strong writing skills
• Initiative and enthusiasm
• Responsibility and maturity
• People skills
• Professionalism
• Confidence to be client-facing
• Above average linguistic aptitude
• Ability to work under pressure
• Flexibility to accept change and adapt

What working at EY offers

• Work for a globally integrated firm of actuarial and quantitative professionals across more than 150 countries, enabling optimised and consistent views across the globe.
• Work with and have access to industry experts, whilst gaining exposure across multiple engagements and clients in the financial services sector.
• Develop both your technical expertise and other skills such as project and stakeholder management.
• Further your continuous professional development through our in-house learning platforms as well as our external learning study policy.
• Work in a company culture that values diversity and inclusiveness, flexibility, employee wellness and corporate social responsibility.
• Receive ongoing mentoring, support and guidance to optimise your professional growth and progress your career at EY.

About EY

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

It’s yours to build.

Apply now.