Senior Financial Risk Manager Job Vacancy in Blantyre, Malawi – Banking & Financial Services

Job Description

Position: Senior Financial Risk Manager

Company: Standard Bank Malawi

Location: Blantyre, Malawi

Experience: 7-10 years

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

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: 1,500,000 SSP – 2,500,000 SSP

Vacancies: 1

Company Overview

Standard Bank Malawi is a leading financial institution dedicated to driving growth and economic prosperity across the region. As a cornerstone of the Malawian economy, we provide a wide array of banking solutions, from retail and commercial banking to specialized corporate services. Our commitment to excellence and innovation ensures that we remain at the forefront of the financial sector, offering stability and trust to our diverse clientele. We are constantly seeking top-tier talent to join our mission of delivering world-class financial services while fostering sustainable economic development within the local community.

As part of a larger international network, we leverage global expertise to provide local solutions. This makes us a premier destination for professionals seeking high-impact career opportunities in Malawi. We pride ourselves on a culture of integrity, client-centricity, and continuous improvement, ensuring that every team member contributes to our long-term vision of being the leading financial partner in the region.

Job Overview

We are currently seeking a highly skilled and strategic Senior Financial Risk Manager to join our core leadership team in Blantyre. This critical role is designed for a professional who can navigate complex financial landscapes and implement robust risk mitigation strategies to protect the bank’s assets and reputation. The successful candidate will be responsible for identifying, assessing, and managing various types of risk, including credit, market, operational, and liquidity risks. You will work closely with senior executives to ensure that the bank’s risk appetite is aligned with its strategic objectives and regulatory requirements.

This position is ideal for someone looking for significant employment in Malawi within a high-stakes, high-reward environment. You will play a pivotal role in shaping the bank’s risk management framework and ensuring compliance with both local and international banking standards. For more information on available roles, visit https://malawijobsearch.com.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and policies.
• Conduct detailed quantitative and qualitative assessments of potential financial risks.
• Monitor market trends and economic indicators to anticipate shifts in the risk landscape.
• Collaborate with department heads to integrate risk management into business processes.
• Prepare and present detailed risk reports to the Board of Directors and regulatory bodies.
• Ensure strict adherence to all local banking regulations and international compliance standards.
• Lead and mentor a team of risk analysts to foster a culture of risk awareness.

Required Skills

• Advanced expertise in financial modeling and quantitative risk analysis.
• Deep understanding of Basel III and other international banking regulatory frameworks.
• Exceptional strategic thinking and decision-making capabilities.
• Strong leadership and interpersonal communication skills.
• Proficiency in advanced statistical software and financial management systems.
• High level of integrity and professional ethics.

Education

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

Experience

Candidates must possess a minimum of 7 to 10 years of progressive experience in financial risk management, preferably within a large-scale commercial banking environment. Proven experience in managing complex risk portfolios and leading high-performing teams is essential for success in this role.

Salary

The monthly salary for this position is competitive and ranges from 1,500,000 SSP to 2,500,000 SSP, depending on the candidate’s experience and qualifications. This package reflects the seniority and responsibility associated with the role.

Benefits

• Comprehensive health and life insurance coverage.
• Performance-based annual bonuses.
• Generous pension scheme and retirement planning support.
• Subsidized wellness and gym memberships.
• Professional development and certification reimbursement.

Explore more career paths across the region at https://tanzaniajobsearch.com/.

Training

• Continuous professional development programs.
• Leadership and management training workshops.
• Specialized regulatory compliance training.
• Access to international banking seminars and conferences.

Working Environment

The working environment at Standard Bank Malawi is professional, fast-paced, and highly collaborative. We provide a modern office setting in the heart of Blantyre, equipped with the latest technology to support your work. While the role is primarily office-based, it requires a high degree of mental focus and the ability to handle high-pressure situations effectively. We foster an inclusive environment where diverse perspectives are valued and encouraged.

Application Process

Interested candidates should submit their updated CV and a cover letter detailing their suitability for the role through our official recruitment portal. Please ensure all documentation is accurate and reflects your true professional history. For more job vacancies in the region, please check https://zambiajobssearch.com/job-vacancy-zambia/.

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.