Credit Risk Quantitative Analyst

Johannesburg South
Salary: Market Related
Job Type: Permanent
Sectors: Business Management
Reference: NFP015151/Crush

Apply before Nov 22 2024 | 2 Hours left

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Vacancy Details

Employer: Network Recruitment

A Credit Risk Quantitative Analyst Opportunity!

Join a high-performing team focused on Credit Risk Quantification within the balance sheet management function. As part of the Quantitative Analytics and Liquidity Risk Management team, you'll contribute to developing sophisticated models and solutions that drive effective credit risk management, supporting the bank’s credit portfolio across a diverse range of clients and sectors.

Key Responsibilities:

Develop and implement credit risk models to measure Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) across various portfolios.
Design quantitative tools for stress testing and scenario analysis on the credit portfolio, ensuring accurate risk assessment.
Lead efforts in automation of credit risk measurement and reporting processes using programming tools like Python, SQL, and Visual Basic.
Perform credit risk analysis on large, complex transactions, providing insights into risk exposure and mitigation strategies.
Engage with internal stakeholders to develop and maintain risk policies, ensuring compliance with regulatory standards and internal governance.
Monitor credit risk metrics, identify potential portfolio risks, and escalate issues to senior management when necessary.
Validate and review the performance of existing credit risk models, ensuring they comply with best practices and regulatory guidelines.

Requirements:

PhD, Master’s, or Honours Degree in a quantitative discipline (Finance, Mathematics, Statistics, etc.).
5–10 years of experience in credit risk modeling and quantitative finance.
Proficiency in financial mathematics, credit risk analysis, and programming (Python, SQL, Visual Basic).
Strong understanding of credit portfolio management, credit risk metrics, and regulatory frameworks (e.g., Basel III).

Take the Next Step in Your Career—Apply Now!
Explore more Actuarial and Analytics opportunities at www.networkrecruitment.co.za.

If you haven’t heard back within two weeks, please consider your application unsuccessful. However, we'll keep your profile on file for future opportunities that match your expertise.

For more details, reach out to:
Crushen Pietersen
Recruitment Consultant

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.