Risk Management Analyst Job Vacancy in Zomba, Malawi – Banking & Finance

Job Description

Position:Risk Management Analyst

Company:Standard Chartered Bank Malawi

Location:Zomba, Malawi

Experience:3-5 years in risk analysis, credit risk, or related fields

Education:Bachelor’s degree in Finance, Economics, Business Administration, or a related field

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

Salary:SSP 1,200,000 – SSP 1,800,000 per annum

Vacancies:1

Company Overview

Standard Chartered Bank Malawi is a leading international banking institution with a strong presence across Africa. Committed to fostering sustainable economic growth, the bank offers a wide range of financial services to individuals, corporations, and government entities. As part of its strategic expansion, Standard Chartered continues to invest in talent that can drive innovation, risk resilience, and customer‑centric solutions. This role contributes directly to the bank’s mission of supporting inclusive finance and robust risk governance, making it an exciting opportunity for professionals seeking to advance their careers in the dynamic banking sector of Malawi. The position aligns with the growing demand for skilled risk professionals in the region, reinforcing the bank’s reputation as an employer of choice for Malawi Jobs and Jobs in Malawi.

Job Overview

The Risk Management Analyst will join the Risk Management Department in Zomba, providing analytical support to assess credit, market, and operational risks across the bank’s portfolio. Working closely with senior risk officers, the analyst will develop risk models, monitor key risk indicators, and prepare comprehensive reports for senior management and regulatory bodies. This role is pivotal in ensuring that the bank maintains a strong risk culture while complying with local and international regulatory standards. For more information about the organization and its values, visit Standard Chartered Bank Malawi Careers. This Job Vacancy in Malawi offers a clear pathway for professional growth and contributes to the broader landscape of Career Opportunities in Malawi.

Key Responsibilities

• Conduct quantitative analysis of credit and market risk exposures using statistical tools and risk modeling techniques.
• Prepare daily, weekly, and monthly risk dashboards for senior management review.
• Monitor compliance with Basel III and local regulatory requirements, ensuring timely reporting.
• Collaborate with business units to identify emerging risk trends and recommend mitigation strategies.
• Assist in the development and maintenance of the bank’s risk appetite framework.
• Support internal audit and external regulatory examinations by providing required documentation and analysis.

Required Skills

• Strong analytical and problem‑solving abilities with proficiency in Excel, VBA, and statistical software (e.g., R, SAS, or Python).
• Excellent written and verbal communication skills for preparing clear risk reports.
• Attention to detail and ability to work under tight deadlines.
• Understanding of banking products, credit assessment, and market risk concepts.
• Team‑player mindset with the capacity to collaborate across departments.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or CFA are advantageous but not mandatory.

Experience

Applicants should have 3‑5 years of relevant experience in risk analysis, credit risk assessment, or a similar role within a banking or financial services environment. Experience with regulatory reporting and risk management frameworks is highly valued.

Salary

The compensation package ranges from SSP 1,200,000 to SSP 1,800,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses and other incentives aligned with the bank’s remuneration policy.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Paid annual leave and sick leave in accordance with local labor laws.
• Employee assistance program and wellness initiatives.
• Opportunities for international assignments and cross‑border projects.

Training

• On‑the‑job training in advanced risk modeling and analytics.
• Access to internal and external professional development courses, including FRM and CFA preparation.
• Mentorship program with senior risk leaders.
• Regular workshops on regulatory updates and emerging risk trends.

Working Environment

The role is based in a modern office in Zomba, featuring collaborative workspaces, secure data rooms, and state‑of‑the‑art technology infrastructure. The bank promotes a culture of inclusion, continuous learning, and ethical conduct, ensuring a supportive environment for all employees.

Application Process

Interested candidates should submit their application through the online portal on the bank’s website. The process includes an initial screening, a technical assessment, and two interview stages with the Risk Management team and senior leadership. Applications will be reviewed on a rolling basis until the position is filled.

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 are valued, regardless of gender, race, religion, or background. We encourage qualified individuals of all backgrounds to apply, reinforcing our dedication to Employment in Malawi and Hiring in Malawi.