Credit Risk Analyst

Red Ember Recruitment is recruiting a Credit Risk Analyst for our client based in Kempton Park.

We are looking for a motivated and analytical professional to assess monitor and manage credit risk while supporting sound business decisions and ensuring regulatory compliance.

Key Responsibilities

Risk Management & Governance:

• Develop implement and continuously improve the companys Enterprise Risk Management (ERM) Framework.
  
• Formulate and enhance risk management policies procedures methodologies and standards.
  
• Establish and maintain comprehensive credit risk market risk operational risk and internal control frameworks. Monitor the organisations overall risk exposure and recommend appropriate mitigation strategies.
  
• Promote a strong risk-aware culture across the business.
  

Credit Risk Management:

• Conduct credit assessments and analyses to support lending and business decisions.
  
• Develop and maintain credit risk management policies and monitoring tools.
  
• Monitor portfolio performance and identify emerging credit risks.
  
• Analyse delinquency trends asset quality and portfolio concentration risks.
  
• Recommend improvements to credit approval and review processes.
  
• Support the development of credit scoring models and risk assessment methodologies.
  

Market Risk Management:

• Monitor and assess exposure to market-related risks including interest rate economic and industry risks.
  
• Analyse market trends and their potential impact on the business.
  
• Develop strategies to mitigate market-related exposures.
  
• Provide regular market risk reporting and recommendations.
  

Operational Risk & Internal Controls:

• Identify assess and monitor operational risks across business functions.
  
• Maintain and update operational risk registers.
  
• Investigate risk incidents and recommend corrective actions.
  
• Evaluate the effectiveness of internal controls and implement improvements where necessary.
  
• Support internal audits and regulatory reviews.
  
• Ensure compliance with established risk management and control processes.
  

Compliance & Regulatory Management:

• Ensure adherence to regulatory requirements legislation and company policies.
  
• Support the development and maintenance of the companys compliance framework.
  
• Review business practices and procedures to identify compliance risks.
  
• Assist with regulatory reporting and stakeholder engagements.
  
• Support Anti-Money Laundering (AML) Consumer Protection and governance initiatives.
  

Training & Stakeholder Engagement:

• Provide guidance and training on risk management and compliance matters.
  
• Build and maintain strong relationships with internal and external stakeholders.
  
• Collaborate with business units to implement risk mitigation initiatives. Support strategic projects process improvements and new product assessments from a risk perspective.
  

Key Competencies

• Strong analytical and problem-solving skills
  
• Excellent credit risk assessment capability
  
• Sound understanding of enterprise risk management principles
  
• Strong knowledge of governance compliance and internal control frameworks
  
• Excellent report-writing and presentation skills
  
• Ability to interpret financial information and identify emerging risks
  
• Strong stakeholder management skills
  
• High level of attention to detail and accuracy
  
• Ethical professional and objective approach to decision-making
  
• Ability to work independently and under pressure
  

Qualifications

• Diploma or Degree in:
  
• Risk Management
  
• Finance
  
• Economics
  
• Accounting
  
• Law
  
• Or a related field
  

Experience

• Minimum 3 years experience in:
  
• Credit Risk Analysis
  
• Risk Management
  
• Compliance Management
  
• Banking Lending or Financial Services
  

Advantageous

• NCR Registration
  
• Experience in microfinance consumer lending or banking environments
  
• Knowledge of AML FAIS NCA POPIA and other relevant financial sector regulations