Credit Risk Analyst Job Vacancy in Walvis Bay, Namibia – Banking & Financial Services

Job Description

Position: Credit Risk Analyst

Company: Standard Bank Namibia

Location: Walvis Bay, Namibia

Experience: 3-5 years in credit risk analysis

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

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: SSP 250,000 – 350,000 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, sustainability, and community development, Standard Bank Namibia plays a pivotal role in driving economic growth in Namibia. The bank’s robust risk management framework ensures stability and confidence for its customers and shareholders. As part of its expansion strategy, Standard Bank Namibia continues to invest in talent, technology, and infrastructure, creating a dynamic environment for professionals seeking rewarding career opportunities in Namibia Jobs.

Job Overview

The Credit Risk Analyst will join the Risk Management Department in Walvis Bay, supporting the bank’s mission to maintain a healthy loan portfolio while fostering responsible lending practices. This role involves assessing creditworthiness, monitoring portfolio performance, and providing analytical insights to senior management. The successful candidate will work closely with relationship managers, underwriting teams, and senior risk officers to ensure that credit decisions align with the bank’s risk appetite and regulatory requirements. For more information about Standard Bank Namibia and its career opportunities, visit the main website at https://namibiajobsearch.com.

Key Responsibilities

• Conduct comprehensive credit analyses of corporate and SME borrowers, evaluating financial statements, cash flow projections, and market conditions.
• Prepare detailed credit risk reports and presentations for credit committees and senior management.
• Monitor existing loan portfolios for early warning signals, delinquencies, and covenant breaches.
• Develop and maintain credit risk models, stress testing scenarios, and risk rating methodologies.
• Collaborate with relationship managers to structure credit facilities that meet client needs while adhering to risk policies.
• Stay updated on regulatory changes, industry trends, and macro‑economic developments affecting credit risk.
• Assist in the preparation of regulatory filings and internal audit documentation related to credit risk.

Required Skills

• Strong analytical and quantitative abilities with proficiency in financial modeling.
• Excellent written and verbal communication skills for report preparation and stakeholder interaction.
• Proficiency in risk management software and advanced Excel; experience with SAS, R, or Python is a plus.
• Attention to detail and ability to work under tight deadlines.
• Team‑oriented mindset with the capacity to influence cross‑functional partners.
• Understanding of Namibian banking regulations and Basel III standards.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or CPA are advantageous and demonstrate a commitment to the field of credit risk.

Experience

Applicants should possess 3‑5 years of relevant experience in credit risk analysis, preferably within a banking environment. Experience evaluating corporate and SME credit proposals, as well as exposure to risk rating systems, will be highly valued.

Salary

The position offers a competitive salary range of SSP 250,000 to 350,000 per annum, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the remuneration package.

Benefits

• Comprehensive health and medical insurance.
• Retirement savings plan with employer contributions.
• Paid annual leave and sick leave.
• Professional development allowance.
• Employee assistance program.
• Access to the bank’s wellness and fitness facilities.

Training

• On‑boarding program covering bank policies, systems, and risk culture.
• Continuous learning opportunities through internal workshops, webinars, and external certifications.
• Mentorship from senior risk officers to accelerate career growth.

Working Environment

Standard Bank Namibia offers a collaborative and inclusive workplace located in the vibrant coastal city of Walvis Bay. The office features modern workspaces, secure data centers, and a supportive culture that encourages innovation and professional excellence. Employees benefit from flexible working arrangements and a strong emphasis on work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online application portal on the bank’s careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. For additional career resources, visit https://www.zambiajobssearch.com/.

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. All qualified applicants will receive consideration for employment without discrimination.