Risk Management Analyst Job Vacancy in Swakopmund, Namibia – Banking & Finance

Accounting & Finance Jobs in Namibia
Swakopmund
July 25, 2026
Full Time
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Job Description

Position: Risk Management Analyst

Company: First National Bank Namibia

Location: Swakopmund, Namibia

Experience: 2-4 years

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: SSP 250,000 – 350,000 per annum

Vacancies:1

Company Overview

First National Bank Namibia (FNB Namibia) is a leading financial institution delivering innovative banking solutions across the country. With a strong heritage of customer focus, digital transformation, and community investment, FNB Namibia supports individuals, SMEs, and large corporations in achieving their financial goals. The bank’s commitment to excellence, robust risk culture, and sustainable growth makes it an attractive employer for professionals seeking dynamic career opportunities in Namibia. As part of the broader FirstRand Group, FNB Namibia leverages regional expertise while maintaining a local touch, ensuring a vibrant workplace that values diversity, integrity, and continuous learning.

Job Overview

The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial and operational risks within the bank’s portfolio. Reporting to the Head of Risk Management, the analyst will collaborate with cross‑functional teams to develop risk models, monitor key risk indicators, and support the implementation of risk mitigation strategies. This position offers a unique chance to contribute to the bank’s stability and growth while gaining exposure to a broad range of banking products and regulatory frameworks. For more information about our career portal, visit our main website: https://namibiajobsearch.com.

Key Responsibilities

  • Conduct quantitative and qualitative risk assessments for credit, market, and operational exposures.
  • Develop and maintain risk rating models, stress‑testing scenarios, and risk dashboards.
  • Monitor daily risk metrics and generate timely reports for senior management.
  • Collaborate with business units to embed risk controls into product development and transaction processes.
  • Assist in regulatory compliance reporting and ensure adherence to Basel III and local banking regulations.
  • Participate in risk committee meetings, presenting findings and recommendations.
  • Support the continuous improvement of risk policies, procedures, and governance frameworks.

Required Skills

  • Strong analytical and statistical skills with proficiency in Excel, SQL, and risk modeling tools.
  • Excellent written and verbal communication abilities for clear reporting.
  • Detail‑oriented mindset with a proactive approach to problem‑solving.
  • Understanding of banking products, credit analysis, and regulatory environments.
  • Ability to work independently and as part of multidisciplinary teams.
  • High ethical standards and commitment to confidentiality.

Education

A bachelor’s degree in Finance, Economics, Business Administration, or a related field is required. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are advantageous and demonstrate a commitment to the risk management profession.

Experience

Applicants should have 2‑4 years of relevant experience in risk analysis, credit risk, market risk, or a similar role within a banking or financial services environment. Experience with regulatory reporting, risk modeling, and data analytics will be highly valued.

Salary

The annual salary range for this role is SSP 250,000 to 350,000, commensurate with experience and qualifications. Performance‑based bonuses and incentives may be offered in line with the bank’s remuneration policy.

Benefits

  • Comprehensive health and medical insurance.
  • Retirement savings plan with employer contributions.
  • Paid annual leave and public holidays.
  • Professional development allowance and support for certifications.
  • Employee assistance program and wellness initiatives.

Training

  • On‑boarding program covering bank policies, risk frameworks, and compliance.
  • Access to internal and external risk management courses.
  • Mentorship from senior risk professionals.
  • Regular workshops on emerging risk trends and regulatory updates.

Working Environment

FNB Namibia offers a modern, collaborative office environment in Swakopmund, equipped with state‑of‑the‑art technology and flexible work arrangements. The culture promotes innovation, continuous improvement, and a strong sense of community, encouraging employees to share ideas and drive positive change.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through our online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. For additional career resources, explore this site: https://eswatinijobsearch.com/job-vacancy-eswatini/. Further information on regional opportunities can be found here: https://sierraleonejobsearch.com/.

Equal Opportunity Statement

First National 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 based solely on merit, qualifications, and business needs.

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