Hybrid Credit Risk Manager

at Old Mutual Limited

• Job title: Credit Risk Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: Python, SQL
• Location requirements: Hybrid, Johannesburg, South Africa

About the role

• Credit Risk Manager overseeing credit risk management and providing compliance support within financial institution. Utilizing analytical skills to resolve complex credit risk challenges and ensure compliance with governance standards.

Responsibilities

• The role operates within the second line of defence, providing independent oversight of credit risk management activities within the business.
• The role focuses on supporting the business in the identification, measurement, and aggregation of credit risk, ensuring that practices are effectively implemented and aligned with strategic objectives.
• As a subject matter expert in credit risk, the incumbent provides guidance and structure to ensure credit risk management processes are sound, compliant, and fit for purpose.
• The role also encompasses model risk governance, offering input to ensure that model development, validation, and usage there-of adhere to established governance standards.
• Success in this role requires dynamic analytical capabilities and familiarity with a range of methodologies to assess and resolve complex or ambiguous credit risk challenges.
• This role also contributes analytical insights and support to the broader Risk function, enhancing the business’ ability to monitor, govern, and control risk exposures effectively.

Requirements

• Bachelor’s degree in Risk Management, Business Mathematics/Actuarial/Financial Engineering/Informatics or a related field
• 5 Years + in a similar role
• 5+ years of proven experience in credit risk management and model risk governance, ideally within a financial institution or regulatory environment.
• Understanding of risk frameworks and governance processes.
• Solid analytical skills.
• Proficiency in data analysis tools (e.g., Excel, Power BI, SQL, or Python).
• Strong communication and stakeholder engagement skills.
• Excellent written and verbal communication skills.

Benefits

• The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa