Credit Risk Analyst / Team Lead

Introduction

Credit Risk Modelling Team Lead

Location:  Cape Town, Eastern Suburbs.

We are partnering on an exciting opportunity for an experienced  Credit Risk Analyst  to join a growing financial services environment and play a key role in building and strengthening its credit risk capability.

This is not a maintenance role. We are looking for someone who enjoys  building, challenging and improving models , leading technical talent and translating complex credit risk data into meaningful commercial decisions.

Duties & Responsibilities

You will lead and contribute hands-on across the full credit risk modelling lifecycle, with responsibility for areas including:

• Development, validation and monitoring of credit decisioning and affordability models , including application and behavioural scorecards.

• IFRS 9 / Expected Credit Loss modelling , including PD, LGD, EAD and SICR methodologies.

• Development and monitoring of risk-based pricing models and portfolio profitability.

• Credit risk forecasting, provisioning and portfolio analytics.

• Model governance, documentation and validation in line with SARB / Prudential Authority and audit expectations.

• Producing meaningful risk analytics and presenting insights to senior stakeholders.

• Leading, mentoring and developing a team while remaining technically hands-on.

Desired Experience & Qualification

• A relevant quantitative degree in Statistics, Mathematics, Actuarial Science, Economics, Engineering or similar.

• 5+ years' relevant Credit Risk / Quantitative Analytics / Data Science experience.

• Previous Team Lead experience.

• Banking experience is essential.

• Strong practical experience developing and/or validating predictive credit risk models.

• Strong knowledge of IFRS 9 modelling – PD, LGD and EAD .

• Exposure to credit decisioning, scorecards, affordability and/or risk-based pricing.

• Strong SQL skills together with experience in SAS, Python or R ; SAS would be advantageous.

• Exposure to data visualisation tools such as Power BI, Tableau or Looker.

• The ability to communicate complex quantitative information clearly to senior and non-technical stakeholders.

Package & Remuneration

R1.3m – R1.5m CTC per annum, depending on experience.

Interested?

We're particularly interested in someone who is commercially minded, analytical and comfortable operating in an evolving environment . You'll need the confidence to take ownership, challenge existing thinking and help build frameworks and capabilities rather than simply inherit established processes.

If you're looking for an opportunity where your technical expertise and leadership will genuinely influence how a financial institution's credit risk capability is built , we'd love to hear from you.

This search is being managed confidentially. Further information regarding the organisation will be shared with suitably qualified candidates during the recruitment process.