The Manager Risk Measurement plays a critical role in ensuring accurate, reliable, and forward-looking risk measurement across the credit portfolio. This position is responsible for leading impairment analytics, IFRS 9 expected credit loss (ECL) assessments, and portfolio risk insights that directly inform business strategy, capital planning, and regulatory reporting.

As part of a forward-thinking financial institution with deep roots in Africa and a strong commitment to innovation, the Manager Risk Measurement contributes to strengthening financial resilience, improving risk governance, and enhancing decision-making through data-driven insights. The role ensures that risk measurement frameworks remain robust, transparent, and aligned with both regulatory expectations and internal risk appetite.

Job Purpose

The primary purpose of the Manager Risk Measurement is to provide expert oversight and analytical leadership across impairment, credit risk measurement, and portfolio analytics. The role ensures the integrity of IFRS 9 models, supports forecasting and stress testing activities, and delivers actionable insights that enhance risk understanding and business performance.

Key Responsibilities

Impairment and Portfolio Risk Analytics

• Lead and oversee impairment analytics for the credit portfolio, ensuring accuracy in financial reporting
• Analyse balance sheet and income statement movements related to credit risk and impairments
• Monitor portfolio performance trends, including collections, defaults, and structural risk shifts
• Provide clear explanations of monthly IFRS 9 movements, including overlays and provision changes
• Deliver executive-level insights on credit performance and emerging risks
• Identify opportunities and risks within the portfolio and recommend corrective actions

Forecasting and Stress Testing

• Develop and review impairment forecasts including intra-month, RAF, STP, and MTP projections
• Participate in enterprise-wide stress testing exercises and interpret model outputs
• Translate macroeconomic scenarios into meaningful business impacts for credit portfolios
• Ensure forecasting outputs are accurate, consistent, and aligned with risk frameworks
• Support capital planning and scenario analysis through robust risk measurement techniques

Model Oversight and Validation

• Provide first-line oversight and challenge of IFRS 9 models, including PD, LGD, EAD, and ECL
• Monitor model performance, stability, and ongoing suitability
• Identify and resolve model, data, and implementation issues in collaboration with technical teams
• Support model governance processes including validation, documentation, and change control
• Recommend enhancements or recalibrations based on portfolio behaviour and regulatory requirements

Data Integrity and Systems Management

• Develop strong understanding of data sources, data flows, and control environments
• Identify data quality issues and drive resolution with relevant stakeholders
• Ensure integrity and consistency of risk measurement inputs across systems
• Collaborate with data and technology teams to improve analytical infrastructure

Governance and Compliance

• Ensure all risk measurement and impairment processes comply with internal policies and regulatory frameworks
• Support internal and external audits through documentation and analysis
• Escalate significant risk findings, data concerns, or impairment issues to governance forums
• Maintain strong adherence to IFRS 9 and internal risk standards

Stakeholder Engagement

• Act as a key risk measurement partner to credit, finance, collections, and modelling teams
• Present insights and analysis to senior management and business stakeholders
• Challenge existing practices constructively to drive continuous improvement
• Support decision-making related to risk appetite, credit strategy, and portfolio management

Capability Development

• Mentor and develop junior analysts and team members within the risk function
• Promote knowledge sharing across risk and finance teams
• Strengthen organisational capability in IFRS 9, impairment analytics, and credit risk measurement
• Contribute to building a high-performance risk analytics culture

Technical Knowledge and Experience

• Strong understanding of IFRS 9 frameworks and credit risk modelling (PD, LGD, EAD, ECL)
• Experience in impairment analysis, portfolio monitoring, and forecasting
• Knowledge of model governance, validation, and performance monitoring
• Minimum of 5 years’ experience in credit risk, risk analytics, or impairment-related roles
• Experience with SAS or advanced analytical tools is advantageous
• Ability to interpret complex quantitative outputs and translate them into business insights

Qualifications

• Bachelor’s degree in Actuarial Science, Finance, Mathematics, Econometrics, Statistics, Engineering, or related field
• Honours or Master’s degree will be an added advantage

Core Competencies

• Strong analytical thinking and structured problem-solving ability
• Excellent attention to detail and high standards of data accuracy
• Ability to communicate complex insights clearly and effectively
• Strong stakeholder management and influencing skills
• Ability to work effectively in a fast-changing regulatory and economic environment
• Strong organisational and execution capabilities

Equal Opportunity Commitment

This opportunity is offered within an inclusive and equal opportunity environment that values diversity and fairness. Recruitment decisions are based on merit, experience, and alignment with organisational needs. The organisation reserves the right not to proceed with any appointment for the advertised Manager Risk Measurement position.