Senior Risk Manager - Credit Risk

Our client, a well-established financial services provider, is seeking a highly experienced Senior Risk Manager specializing in Credit Risk to join their team in Klerksdorp, North West, ZA . This role is crucial for safeguarding the institution's financial health by identifying, assessing, and mitigating credit-related risks. You will be responsible for developing and implementing robust credit risk frameworks, policies, and procedures.

This position requires a deep understanding of credit analysis, loan portfolio management, regulatory requirements, and risk modeling. The ideal candidate will possess strong leadership skills, excellent analytical capabilities, and the ability to effectively communicate complex risk issues to stakeholders at all levels. You will play a key role in shaping the company's risk appetite and ensuring sound lending practices. This role is office-based, providing opportunities for direct team collaboration and engagement.

• Develop, implement, and oversee the credit risk management framework and policies.
• Analyze credit portfolios to identify concentrations, trends, and emerging risks.
• Develop and monitor key risk indicators (KRIs) and performance metrics for credit risk.
• Conduct stress testing and scenario analysis on the credit portfolio.
• Ensure compliance with relevant regulatory requirements and internal controls.
• Collaborate with business units to provide guidance on credit risk assessment for new products and initiatives.
• Prepare comprehensive risk reports for senior management and the board of directors.
• Lead and mentor a team of credit risk professionals.
• Stay current with industry best practices and regulatory changes in credit risk management.

• Master's degree in Finance, Economics, Business Administration, or a related quantitative field.
• Minimum of 7 years of experience in credit risk management within a financial institution.
• Strong understanding of credit analysis, loan origination, portfolio management, and risk mitigation techniques.
• In-depth knowledge of relevant regulations (e.g., Basel accords).
• Proven experience in developing and implementing risk policies and procedures.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management abilities.
• Effective communication and interpersonal skills, with the ability to influence stakeholders.
• Proficiency in risk management software and data analysis tools.

• Competitive salary and performance-based incentives.
• Comprehensive health insurance package.
• Retirement savings plan.
• Opportunities for professional development and career advancement.
• Stable and reputable work environment.
• Generous annual leave.