Job Description
Position:Risk Management Analyst
Company:Standard Chartered Bank Malawi
Location:Mzuzu, Malawi
Experience:3-5 years in risk analysis within banking sector
Education:Bachelor’s degree in Finance, Economics, or related field
Employment Type:Full-time
Industry:Banking & Financial Services
Department:Risk Management
Salary:SSP 1,500,000 – SSP 2,500,000 per annum
Vacancies:1
Company Overview
Standard Chartered Bank Malawi is a leading international bank with a strong presence across Africa, committed to delivering innovative financial solutions that empower individuals and businesses. Operating in Mzuzu since 2005, the bank has built a reputation for excellence, integrity, and community engagement. As part of its strategic growth, Standard Chartered continuously seeks top talent to drive its risk management framework, ensuring sustainable operations and compliance with global standards. This role offers a unique chance to contribute to a dynamic institution while advancing your career in a thriving financial hub. Explore a rewarding path among the most sought‑after Malawi Jobs and experience a culture that values professional development and ethical leadership.
Job Overview
The Risk Management Analyst will support the Risk Management Department by identifying, assessing, and monitoring financial and operational risks across the bank’s portfolio in the northern region. Working closely with senior risk officers, you will develop risk models, prepare analytical reports, and provide actionable insights to senior management. This position plays a pivotal role in safeguarding the bank’s assets and reputation, aligning with the broader objectives of Employment in Malawi and supporting the bank’s commitment to responsible banking. For more information about the organization, visit Standard Chartered Bank Malawi Careers.
Key Responsibilities
- Conduct quantitative risk assessments for credit, market, and operational exposures.
- Develop and maintain risk measurement models and dashboards.
- Prepare detailed risk reports for senior management and regulatory bodies.
- Monitor emerging risk trends and recommend mitigation strategies.
- Collaborate with business units to embed risk controls into daily operations.
- Support internal audit and compliance reviews with risk‑focused analysis.
Required Skills
- Strong analytical and statistical modeling abilities.
- Proficiency in risk management software and MS Excel.
- Excellent written and verbal communication skills.
- Attention to detail and ability to work under tight deadlines.
- Understanding of banking regulations and Basel III standards.
- Team‑oriented mindset with proactive problem‑solving attitude.
Education
A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM or PRM are advantageous and demonstrate a commitment to the field.
Experience
Applicants should possess three to five years of hands‑on experience in risk analysis, preferably within a banking or financial services environment. Experience with credit risk assessment, market risk analytics, or operational risk frameworks will be highly valued.
Salary
The successful candidate will receive a competitive annual salary ranging from SSP 1,500,000 to SSP 2,500,000, commensurate with experience and qualifications, along with performance‑based incentives.
Benefits
- Comprehensive health insurance coverage.
- Retirement savings plan with employer contributions.
- Paid annual leave and sick leave.
- Professional development allowance.
- Employee assistance program.
Training
- On‑boarding program covering bank policies, risk frameworks, and compliance.
- Continuous learning opportunities through internal workshops and external certifications.
- Mentorship from senior risk officers.
- Access to e‑learning platforms for skill enhancement.
Working Environment
Based in the modern Standard Chartered office in Mzuzu, you will work in a collaborative, inclusive environment that encourages innovation and ethical decision‑making. The bank promotes a healthy work‑life balance and provides state‑of‑the‑art facilities to support productivity.
Application Process
Interested candidates should submit an online application through the official careers portal. Ensure your CV highlights relevant risk management experience and includes a cover letter outlining your motivation for applying. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.
Equal Opportunity Statement
Standard Chartered Bank Malawi is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace where all employees, regardless of gender, ethnicity, or background, can thrive. Our hiring practices reflect our dedication to fairness and the promotion of equal employment opportunities across Malawi.