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Midrand: Credit Risk Manager

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Job Description

🎯 Key Responsibilities Credit Risk Strategy & Policy Develop and refine credit scorecards and risk segmentation frameworks Design acquisition, pricing, and limit management strategies Align rental pricing models with customer risk profiles Build and implement data-driven credit policies Optimise customer onboarding and decisioning processes Implement fraud prevention best practices Risk Analytics & Modelling Monitor portfolio trends, credit losses, and early warning indicators Partner with data teams on scorecard development and validation Conduct stress testing and forward-looking risk assessments Build robust management reporting and dashboards Portfolio & Systems Oversight Oversee loan management system optimisation Manage key suppliers (credit bureaus, payment aggregators, lock mechanisms) Ensure data integrity and system integration effectiveness Collections & Performance Management Oversee automated collections environment (bots, WhatsApp, SMS, call centre) Monitor bad debt ratios and recovery performance Implement mechanisms to reduce never-payers and fraud exposure Compliance & Governance Ensure regulatory adherence across credit lifecycle Maintain ethical handling of customer data Support legal and escalated risk processes 📊 KPIs Bad debts maintained below 1215% Never-payers below 10% Fraudulent rental accounts below 5% Sustainable portfolio growth aligned to risk appetite 👤 Requirements 810 years experience in mass market credit / micro-lending Strong data analytics and scorecard development experience Proven experience balancing growth and risk Background in consumer lending, retail credit, or high-volume portfolios Experience in entrepreneurial, high-performance environments

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About Accounting / Finance Jobs in North Johannesburg

North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.

When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.

Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.

The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.

For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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