Job description

Build Smarter Models. Drive Better Outcomes. Join the Performance Risk Talent Community.

At Performance Risk, we don't just build models; we build financial resilience. For over 13 years, we have helped banks, vehicle finance companies, and retail lenders optimize lending decisions, significantly reduce bad debt, and enhance portfolio profitability.

As we continue to expand our quantitative practice, we are building a talent community of top-tier Credit Risk Modelers and Quantitative Analysts. While we don't have a specific opening listed today, we are always looking for experts who can help our clients turn data into defensible, profitable decisions.

If you have a passion for PD/LGD/EAD modeling, a mastery of Python/R/SAS, and a deep understanding of IFRS 9 / CECL and Basel frameworks, we want to connect with you.

Why Credit Risk Modeling at Performance Risk?

Our credit risk models are not academic exercises—they are business drivers. We have a proven track record of delivering measurable impact, including helping a regional bank client achieve a 15% reduction in credit losses within 18 months while simultaneously growing their loan portfolio by 20%.

We pride ourselves on building transparent, interpretable models that meet rigorous regulatory standards while empowering our clients to lend with confidence.

Who We Are Looking For

We are seeking experienced modelers at all levels who thrive on solving complex quantitative challenges.

Senior Credit Risk Modelers / Quantitative Analysts

• Experience: 5+ years of experience in credit risk modeling within banking, vehicle finance, or consumer lending.

• Technical Mastery: Advanced proficiency in Python, R, or SAS for statistical modeling and data analysis. Experience with machine learning techniques is a plus.

• Model Development: Deep expertise developing and validating Probability of Default (PD) , Loss Given Default (LGD) , and Exposure at Default (EAD) models.

• Regulatory Knowledge: Strong working knowledge of IFRS 9 / CECL , Basel III/IV , and local regulatory requirements. You know how to build models that stand up to auditor and regulatory scrutiny.

• Interpretability: You believe models should be transparent and explainable, not black boxes. You can translate complex quantitative concepts into actionable insights for clients.

Junior Modelers / Quantitative Analysts

• Experience: 1-3 years of experience in a quantitative role, preferably in financial services.

• Technical Skills: Strong programming skills in Python or R. Familiarity with SQL and data manipulation.

• Foundational Knowledge: Understanding of regression analysis, time series, and basic credit risk concepts.

• Eagerness to Learn: A desire to grow under the mentorship of our senior leadership team and work on high-impact projects across diverse industries.

What You'll Work On

As part of the Performance Risk talent community, you could be engaged to:

• Develop custom PD/LGD/EAD models for regional banks and vehicle finance companies.

• Implement IFRS 9 / CECL -compliant expected credit loss (ECL) frameworks.

• Conduct model validation, back-testing, and stress-testing to ensure stability and accuracy.

• Build credit scorecards and application scoring systems to optimize lending decisions.

• Design portfolio risk dashboards and early warning systems using Key Risk Indicators (KRIs) .

• Support clients through regulatory audits with comprehensive model documentation.

Why Join the Performance Risk Talent Pool?

• Be Top of Mind: Be the first to hear about new quantitative roles before they are advertised publicly.

• Work on Diverse Portfolios: Gain exposure to multiple industries—banking, vehicle finance, and retail—applying your skills across different asset classes and risk profiles.

• Senior Leadership Mentorship: Our team is led by seasoned risk managers with over a decade of experience. You'll work alongside Certified Risk Management Practitioners (CRMP) who are committed to continuous development.

• Transparent & Competitive Rates:

  • Senior Credit Risk Modelers: R4,500/hour

  • Junior Modelers / Analysts: R1,450 – R2,700/hour

  • We also offer project-based and retainer pricing for longer-term engagements.

The Performance Risk Modeling Philosophy

We don't believe in black-box models. Our approach emphasizes:

• Transparency: Every model we build includes clear documentation and interpretable outputs.

• Business Relevance: We align models with our clients' risk appetite and strategic objectives.

• Regulatory Rigor: All models are designed to meet the highest standards (Basel, IFRS 9) from day one.

• Measurable Results: We define success metrics upfront and pride ourselves on delivering tangible improvements in portfolio performance.

How to Apply

Submit your CV below. Please indicate your experience level (Senior or Junior) and highlight your specific technical expertise (e.g., "Senior Modeler - Python/IFRS 9 Specialist").

If your profile matches a future project need, one of our Talent Specialists will reach out immediately to discuss potential opportunities.

Skill Required