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Credit Risk Oversight Manager

Credit Risk Oversight Manager

Capitec BankStellenbosch, ZA
15 days ago
Job description

Job title : Credit Risk Oversight Manager

Job Location : Western Cape, Stellenbosch

Deadline : October 13, 2025

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Purpose Statement

  • To provide strategic second-line oversight of Capitec’s enterprise-wide credit risk, ensuring effective implementation and operationalisation of the Credit Risk Framework in alignment with regulatory requirements and business strategy.
  • To challenge and influence first line's credit risk practices, policies, and risk appetite, while ensuring sound governance, data risk, and credit lifecycle oversight and partner with internal assurance functions such as Model Risk and Data Governance to ensure risk is measured, monitored, and reported in line with best practice
  • Experience

    Min / Ideal :

  • Minimum of 7–10 years in credit risk, with 3–5 years in a senior or oversight capacity in banking or financial services.
  • Proven experience in credit policy, credit analytics, or credit risk oversight.
  • Experience working in or closely with second-line risk, model risk, or internal audit functions.
  • Exposure to ICAAP, Recovery Planning, or regulatory submissions.
  • Familiarity with the application of RDARR principles and use of KRIs for monitoring.
  • Experience in risk reporting to board and executive levels
  • Qualifications (Minimum)

  • Bachelor's Degree in Accounting - Management Accounting
  • Qualifications (Ideal or Preferred)

  • Honours Degree in Risk Management
  • Knowledge

    Min / Ideal :

  • Strong leadership and stakeholder engagement skills
  • Excellent communication and report writing
  • Working knowledge of credit lifecycle and products (unsecured, revolving credit, etc.)
  • High-level understanding of IFRS 9, Basel II / III, ICAAP, Recovery Planning
  • Risk appetite design and monitoring
  • Stress testing and early warning indicators
  • Governance, risk and control frameworks (Three Lines of Defence)
  • Familiarity with data governance and model governance (non-technical oversight)
  • Skills

  • Analytical Skills
  • Attention to Detail
  • Change Management Skills
  • Communications Skills
  • Computer Literacy (MS Word, MS Excel, MS Outlook)
  • Leadership Skills
  • Negotiation skills
  • Numerical Reasoning skills
  • Accounting / Financial Services  jobs
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    Manager Credit Risk • Stellenbosch, ZA

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