Credit Risk Analyst

Location: Kempton Park

Job Description

Red Ember Recruitment is recruiting a Credit Risk Analyst for our client based in Kempton Park.

We are looking for a motivated and analytical professional to assess, monitor, and manage credit risk while supporting sound business decisions and ensuring regulatory compliance.

Key Responsibilities

Risk Management & Governance:

• Develop, implement, and continuously improve the company's Enterprise Risk Management (ERM) Framework.
• Formulate and enhance risk management policies, procedures, methodologies, and standards.
• Establish and maintain comprehensive credit risk, market risk, operational risk, and internal control frameworks. Monitor the organisation's overall risk exposure and recommend appropriate mitigation strategies.
• Promote a strong risk-aware culture across the business.

Credit

Risk Management:

• Conduct credit assessments and analyses to support lending and business decisions.
• Develop and maintain credit risk management policies and monitoring tools.
• Monitor portfolio performance and identify emerging credit risks.
• Analyse delinquency trends, asset quality, and portfolio concentration risks.
• Recommend improvements to credit approval and review processes.
• Support the development of credit scoring models and risk assessment methodologies.

Market

Risk Management:

• Monitor and assess exposure to market-related risks, including interest rate, economic, and industry risks.
• Analyse market trends and their potential impact on the business.
• Develop strategies to mitigate market-related exposures.
• Provide regular market risk reporting and recommendations.

Operational Risk & Internal Controls:

• Identify, assess, and monitor operational risks across business functions.
• Maintain and update operational risk registers.
• Investigate risk incidents and recommend corrective actions.
• Evaluate the effectiveness of internal controls and implement improvements where necessary.
• Support internal audits and regulatory reviews.
• Ensure compliance with established risk management and control processes.

Compliance & Regulatory Management:

• Ensure adherence to regulatory requirements, legislation, and company policies.
• Support the development and maintenance of the company's compliance framework.
• Review business practices and procedures to identify compliance risks.
• Assist with regulatory reporting and stakeholder engagements.
• Support Anti-Money Laundering (AML), Consumer Protection, and governance initiatives.

Training & Stakeholder Engagement:

• Provide guidance and training on risk management and compliance matters.
• Build and maintain strong relationships with internal and external stakeholders.
• Collaborate with business units to implement risk mitigation initiatives. Support strategic projects, process improvements, and new product assessments from a risk perspective.

Requirements

Key Competencies

• Strong analytical and problem-solving skills
• Excellent credit risk assessment capability
• Sound understanding of enterprise risk management principles
• Strong knowledge of governance, compliance, and internal control frameworks
• Excellent report-writing and presentation skills
• Ability to interpret financial information and identify emerging risks
• Strong stakeholder management skills
• High level of attention to detail and accuracy
• Ethical, professional, and objective approach to decision-making
• Ability to work independently and under pressure
  

Qualifications

• Diploma or Degree in:
• Risk Management
• Finance
• Economics
• Accounting
• Law
• Or a related field

Experience

• Minimum 3 years' experience in:
• Credit Risk Analysis
• Risk Management
• Compliance Management
• Banking, Lending, or Financial Services

Advantageous

• NCR Registration
• Experience in microfinance, consumer lending, or banking environments
• Knowledge of AML, FAIS, NCA, POPIA, and other relevant financial sector regulations

Requirements
Key Competencies Strong analytical and problem-solving skills Excellent credit risk assessment capability Sound understanding of enterprise risk management principles Strong knowledge of governance, compliance, and internal control frameworks Excellent report-writing and presentation skills Ability to interpret financial information and identify emerging risks Strong stakeholder management skills High level of attention to detail and accuracy Ethical, professional, and objective approach to decision-making Ability to work independently and under pressure Qualifications Diploma or Degree in:
Risk Management Finance Economics Accounting Law Or a related field Experience Minimum 3 years' experience in:
Credit Risk Analysis Risk Management Compliance Management Banking, Lending, or Financial Services Advantageous NCR Registration Experience in microfinance, consumer lending, or banking environments Knowledge of AML, FAIS, NCA, POPIA, and other relevant financial sector regulations