Senior Credit Risk Analyst Job Vacancy in Mzuzu, Malawi – Banking & Financial Services

Job Description

Position: Senior Credit Risk Analyst

Company: Standard Bank Malawi

Location: Mzuzu, Malawi

Experience: 5+ years in credit risk analysis within banking sector

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

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Credit Risk Management

Salary: SSP 2,500,000 – SSP 3,500,000 per annum

Vacancies:1

Company Overview

Standard Bank Malawi, a subsidiary of the renowned Standard Bank Group, is a leading financial institution delivering innovative banking solutions across the nation. With a strong commitment to financial inclusion and sustainable growth, Standard Bank Malawi offers a dynamic environment for professionals seeking to make a meaningful impact in the banking sector. Explore more about our values and mission at https://malawijobsearch.com/.

Job Overview

The Senior Credit Risk Analyst will play a pivotal role in assessing and managing credit risk across Standard Bank Malawi’s loan portfolio. This role involves developing risk models, conducting thorough credit assessments, and providing strategic recommendations to senior management. The successful candidate will contribute to the bank’s risk mitigation strategies, ensuring compliance with regulatory standards while supporting business growth.

Key Responsibilities

• Analyze credit applications and financial statements to assess borrower risk.
• Develop and maintain credit risk models and scoring systems.
• Monitor portfolio performance and identify emerging risk trends.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Collaborate with relationship managers to structure credit solutions that align with risk appetite.
• Provide training and guidance to junior analysts on credit risk methodologies.

Required Skills

• Strong analytical and quantitative skills with proficiency in statistical software.
• In-depth knowledge of credit risk frameworks and Basel III regulations.
• Excellent communication and presentation abilities.
• Ability to work independently and as part of a cross‑functional team.
• Proficiency in Microsoft Office Suite, especially Excel.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or equivalent are advantageous.

Experience

Minimum of five (5) years of experience in credit risk analysis, preferably within a commercial banking environment. Experience with loan portfolio management and risk modeling is essential.

Salary

The compensation package ranges from SSP 2,500,000 to SSP 3,500,000 annually, commensurate with experience and qualifications.

Benefits

• Comprehensive health insurance coverage.
• Retirement savings plan.
• Performance‑based bonuses.
• Professional development and certification support.
• Paid annual leave and public holidays.

Training

• Ongoing risk management workshops and seminars.
• Access to internal and external training platforms.
• Mentorship programs with senior risk leaders.

Working Environment

Standard Bank Malawi offers a collaborative, inclusive, and technology‑driven workplace. Employees benefit from modern office facilities, flexible working arrangements, and a culture that encourages innovation and continuous learning.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through our online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Standard Bank Malawi is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or disability.