Job Description
About the Role
The Senior Quantitative Analyst (Retail Credit Risk) role is a critical position that requires an in-depth understanding of credit risk analysis and its applications in retail financial services. We are seeking an experienced professional with a strong background in quantitative analysis to join our team.
Key Responsibilities
- Analyze credit data and develop scorecards to assess credit risk
- Conduct originations, recoveries, defaults, and bad debt analysis
- Develop and maintain relationships with stakeholders to gather data and insights
- Collaborate with the business team to implement risk management strategies
- Utilize SAS software to analyze and model credit data
Requirements
- Completed BSc Honours / BCom Honours (Maths/Statistics/BMI)
- Minimum 8-10 years relevant working experience in Credit Risk Analysis
- Preferably from within retail financial services or retail banking
- Significant business acumen to link various aspects of credit risk analysis
- Extensive SAS experience
Qualifications
- Formal education/certifications not explicitly mentioned in the original description.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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