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

Job Description

Position: Senior Financial Risk Analyst

Company: Standard Bank Malawi

Location: Lilongwe, Malawi

Experience: 7+ years

Education: Master’s Degree in Finance, Economics, or Statistics

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: 1,200,000 SSP – 1,800,000 SSP

Vacancies: 1

Company Overview

Standard Bank Malawi is a leading financial institution dedicated to driving growth across the African continent. As a cornerstone of the Malawian economy, we provide a wide array of banking solutions, from retail and commercial to corporate and investment banking. We are committed to excellence, integrity, and innovation, ensuring that our clients receive world-class service. As part of our mission to foster economic development, we are constantly looking for top-tier talent to join our growing team. If you are looking for career opportunities in Malawi, Standard Bank offers a dynamic environment where your expertise can make a tangible impact on the financial landscape of the nation.

We pride ourselves on our ability to navigate complex global markets while maintaining a deep understanding of local needs. Our presence in Lilongwe allows us to be at the heart of the nation’s decision-making processes. For those seeking employment in Malawi, we offer a stable and prestigious platform to advance your professional journey.

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Job Overview

The Senior Financial Risk Analyst will play a critical role in our Risk Management department. This position is designed for a highly analytical professional who can interpret complex data sets to identify, assess, and mitigate financial risks that could impact the bank’s stability. You will work closely with senior leadership to develop frameworks that ensure our operations remain compliant with both local and international regulatory standards. This is a high-stakes role that requires a deep understanding of credit, market, and operational risks within the banking sector. As we continue to expand our digital and traditional banking services, the need for robust risk modeling and predictive analysis has never been greater. This job vacancy in Malawi represents a significant step for a professional looking to lead in the financial sector.

Key Responsibilities

• Develop and implement advanced quantitative models to assess credit and market risk exposure.
• Monitor and report on the bank’s risk profile to the Board of Directors and regulatory bodies.
• Conduct stress testing and scenario analysis to evaluate the impact of economic volatility on the bank’s capital adequacy.
• Collaborate with the compliance and legal teams to ensure all activities align with Bank of Malawi regulations.
• Identify emerging trends in the financial markets that could pose a threat to the bank’s asset quality.
• Provide detailed risk assessment reports for large-scale corporate lending applications.

Required Skills

• Advanced proficiency in statistical software such as R, Python, or SAS.
• Exceptional analytical and mathematical modeling capabilities.
• Deep knowledge of Basel III regulatory frameworks and international banking standards.
• Strong communication skills to present complex risk data to non-technical stakeholders.
• High level of attention to detail and ability to work under pressure in a fast-paced environment.

Education

A Master’s degree in Finance, Quantitative Economics, Statistics, or a related field is mandatory. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly preferred and will be considered an advantage during the selection process.

Experience

Candidates must possess a minimum of 7 years of experience in financial risk management, preferably within a commercial or investment banking environment. Proven experience in developing risk models and interacting with regulatory authorities is essential. We are looking for individuals who have demonstrated a track record of success in managing complex financial portfolios.

Salary

The monthly salary for this position is highly competitive, ranging from 1,200,000 SSP to 1,800,000 SSP, depending on the candidate’s experience and qualifications. This package is designed to attract the best talent in the region.

Benefits

• Comprehensive medical insurance for the employee and immediate family.
• Performance-based annual bonuses.
• Pension scheme contributions.
• Subsidized transport and meal allowances.
• Professional development and continuous learning opportunities.

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Training

• Continuous professional development through internal workshops.
• Sponsorship for international certification exams (CFA/FRM).
• Mentorship programs with senior executives.

Working Environment

The working environment is professional, highly structured, and intellectually stimulating. You will be working in a modern office setting in Lilongwe, surrounded by some of the brightest minds in the financial industry. While the role is primarily office-based, it requires high levels of concentration and the ability to manage significant responsibilities.

Application Process

Interested candidates should submit their CV and a cover letter detailing their suitability for the role through our official recruitment portal. We are looking for candidates who demonstrate a passion for excellence and a commitment to the highest ethical standards. Please note that only shortlisted candidates will be contacted for interviews. This is one of the most sought-after Malawi Jobs in the current market.

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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. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, or disability.