Job Description
Key Responsibilities
- Design, develop, and maintain advanced credit risk models for unsecured lending and overdraft portfolios (PD, LGD, EAD, scorecards).
- Provide expert quantitative insight to support credit decisioning, portfolio optimization, and risk appetite setting.
- Lead model performance monitoring, validation support, and remediation activities.
- Translate complex analytical outcomes into clear business recommendations for senior stakeholders.
- Ensure full compliance with regulatory and governance standards (e.g. IFRS 9, Basel, internal model risk frameworks).
- Collaborate with credit, finance, and technology teams to embed models into production and decision systems.
- Act as a subject matter expert and mentor to junior analysts.
Required Experience & Skills
- Extensive experience (8+ years) as a quantitative analyst within a banking environment.
- Proven, hands-on expertise in unsecured lending and overdraft products.
- Strong background in credit risk modelling, statistical analysis, and predictive analytics.
- Advanced proficiency in SAS, SQL, Python, or R.
- Deep understanding of the end-to-end credit lifecycle and banking risk frameworks.
- Ability to operate at expert level, with minimal supervision, in a high-impact role.
What Sets You Apart
- Recognized as a trusted expert in unsecured credit risk.
- Strong commercial mindset with the ability to balance risk and growth.
- Confident communicator who can influence at senior and executive level.
- High attention to detail with a strong governance and control mindset.
Apply Now!
This role is designed for someone who wants to lead, not just execute.
For more exciting Finance vacancies, please visit:
.za
I also specialize in recruiting in the following:
- Actuarial
- Data Analytics
- Product Development
- Pricing
- Valuations
- Market Risk
If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles.
For more information,
Contact:
Kholo Mongalo
Recruitment Researcher in Actuarial & Analytics
Connect with me on LinkedIn! .za
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