Job Description
About the Role
We are seeking an experienced Senior Consultant or Assistant Manager to join our team in Midrand. As a key member of our credit risk management team, you will be responsible for developing and calibrating credit risk models, producing portfolio-level credit analytics, and reviewing client deliverables. This is an excellent opportunity for a seasoned professional to leverage their expertise in credit risk modelling and contribute to the success of our clients.
Key Responsibilities
- Develop and calibrate credit risk models (PD, LGD, EAD)
- Perform model validation, monitoring, and performance testing
- Produce portfolio-level credit analytics and peer benchmarking
- Review client deliverables for quality, accuracy, and completeness
- Draft clear and professional project and technical reports
- Communicate project progress, challenges, and outcomes to stakeholders
- Share technical knowledge and support team development
Requirements
- Education: Undergraduate degree in Statistics, Mathematics, Financial Engineering, Actuarial Science, Engineering, Economics, or Econometrics
- Experience: 35 years relevant experience within banking, financial services consulting, or a similar environment
- Fundamental credit risk modelling experience, including predictive modelling techniques
- Understanding of the full credit lifecycle and model risk management
- Working knowledge of Basel regulations and the IFRS 9 standard
Qualifications
- Technical exposure to PD, LGD, EAD, Basel II, and IAS 39
Salary & Benefits
- Salary: [Salary amount]
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
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.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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