Senior Credit Risk Analyst

Our client, a well-established financial services provider operating in Polokwane , is actively seeking a Senior Credit Risk Analyst to join their growing team. This role is essential for assessing and managing credit risk across the organization's lending portfolios. The Senior Credit Risk Analyst will be responsible for developing and implementing credit scoring models, analyzing borrower financial data, monitoring portfolio risk, and providing strategic recommendations to mitigate potential losses.

This position requires a strong analytical aptitude, a thorough understanding of credit risk principles, and experience within the financial sector of Limpopo .

• Develop, validate, and implement statistical credit scoring and rating models for various loan products.
• Analyze financial statements, credit reports, and other relevant data to assess the creditworthiness of borrowers.
• Monitor the performance of the credit portfolio, identify trends, and proactively manage potential credit deteriorations.
• Conduct stress testing and scenario analysis on the credit portfolio to assess resilience.
• Prepare regular credit risk reports and present findings and recommendations to senior management and credit committees.
• Ensure compliance with regulatory requirements and internal credit policies and procedures.
• Collaborate with business units to provide insights on credit risk aspects of new product development and business strategies.
• Stay updated on industry best practices and regulatory changes impacting credit risk management.
• Mentor junior analysts and contribute to the development of the credit risk team.
• Support audit processes and ensure data accuracy for risk reporting.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in credit risk analysis, preferably within a banking or financial institution.
• Proven experience in developing and implementing credit scoring models and risk assessment frameworks.
• Strong knowledge of statistical modeling, data analysis techniques, and financial statement analysis.
• Proficiency in statistical software (e.g., SAS, R, Python) and advanced Excel skills.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and presentation skills, with the ability to convey complex information effectively.
• Understanding of regulatory requirements related to credit risk (e.g., Basel Accords).
• Experience working within the Polokwane or broader Limpopo financial landscape is advantageous.
• Ability to work independently and collaboratively in a deadline-driven environment.

• Our client offers a competitive salary package commensurate with experience, along with performance-based incentives.
• Comprehensive medical coverage.
• A retirement savings plan.
• Generous paid time off.
• This role offers a flexible remote work arrangement, allowing qualified candidates to work from anywhere within South Africa , with occasional travel to Polokwane required.
• We provide excellent opportunities for professional growth, continuous learning, and career advancement within a supportive and dynamic work environment.