Credit Analyst Job Vacancy in Walvis Bay, Namibia – Banking & Finance

Job Description

Position: Credit Analyst

Company: Standard Bank Namibia

Location: Walvis Bay, Namibia

Experience: 3-5 years in credit analysis, preferably within banking sector

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Credit Risk Management

Salary: SSP 180,000 – 240,000 per annum

Vacancies:1

Company Overview

Standard Bank Namibia is a leading financial institution with a strong presence across Southern Africa. Established over a century ago, the bank offers a comprehensive suite of banking services, including retail, corporate, and investment banking. With a commitment to innovation, financial inclusion, and sustainable growth, Standard Bank Namibia supports the economic development of Namibia by providing reliable credit solutions, digital banking platforms, and community outreach programs. The bank’s Walvis Bay branch serves a dynamic mix of commercial enterprises, maritime businesses, and tourism operators, making it a pivotal hub for regional trade and finance. As part of its strategic expansion, Standard Bank Namibia continuously seeks talented professionals who can contribute to its vision of becoming the most trusted financial partner in the country.

Job Overview

The Credit Analyst will play a critical role in assessing the creditworthiness of corporate and SME clients, preparing detailed credit proposals, and supporting the Credit Risk Management team in maintaining a healthy loan portfolio. This position involves rigorous financial analysis, risk assessment, and collaboration with relationship managers to structure appropriate financing solutions. The successful candidate will be instrumental in driving sound lending decisions that align with the bank’s risk appetite while fostering economic growth in Namibia. This role offers exposure to a diverse client base, advanced analytical tools, and a supportive environment that encourages professional development.

For more information about Standard Bank Namibia’s career opportunities, visit the main website.

Explore additional regional job resources at Zambia Jobs Search.

Key Responsibilities

• Conduct comprehensive financial statement analysis, cash flow modeling, and ratio assessments for prospective borrowers.
• Prepare detailed credit memorandums, including risk ratings, repayment capacity evaluation, and recommended loan structures.
• Collaborate with relationship managers to gather client information, understand business models, and identify financing needs.
• Monitor existing loan portfolios, identify early warning signals, and recommend remedial actions to mitigate credit risk.
• Stay updated on macro‑economic trends, industry developments, and regulatory changes affecting the Namibian banking sector.
• Present credit proposals to the Credit Committee and respond to queries during the approval process.
• Maintain accurate records in the bank’s credit management system and ensure compliance with internal policies and external regulations.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel, financial modeling, and credit scoring tools.
• Excellent written and verbal communication skills for preparing reports and presenting findings.
• Attention to detail and ability to work under tight deadlines while maintaining high quality standards.
• Sound understanding of banking products, loan structures, and risk mitigation techniques.
• Team‑player mindset with the capacity to collaborate across departments and build trusted client relationships.
• High ethical standards and commitment to confidentiality and regulatory compliance.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, Accounting, or a related discipline is required. Professional certifications such as CFA, CPA, or a recognized credit risk qualification are advantageous but not mandatory.

Experience

The ideal candidate will have 3‑5 years of hands‑on experience in credit analysis, loan underwriting, or financial advisory within a banking or financial services environment. Experience evaluating corporate, SME, or trade finance transactions in Namibia or the broader Southern African region will be highly valued.

Salary

The remuneration package ranges from SSP 180,000 to SSP 240,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, pension contributions, and other employee benefits.

Benefits

• Competitive salary with annual performance incentives.
• Comprehensive medical and dental coverage for employee and dependents.
• Pension scheme with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Employee assistance program and wellness initiatives.
• Opportunities for career progression within a regional banking network.

Training

• On‑boarding program covering bank policies, credit risk frameworks, and compliance standards.
• Access to internal and external training modules, including advanced financial modeling and risk management courses.
• Support for professional certifications such as CFA, CPA, or local credit risk qualifications.
• Mentorship from senior credit officers and exposure to cross‑functional projects.

Working Environment

Standard Bank Namibia offers a modern, collaborative workspace in Walvis Bay with state‑of‑the‑art technology, flexible working arrangements, and a culture that values diversity and inclusion. Employees benefit from a supportive leadership team, open communication channels, and a focus on work‑life balance.

Application Process

Interested candidates should submit an online application through the Standard Bank Namibia careers portal, attaching an updated CV and a cover letter outlining relevant experience and motivation for the role. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment.

Equal Opportunity Statement

Standard Bank Namibia is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. Our recruitment practices are designed to ensure fairness and transparency, providing equal access to career opportunities in Namibia.