Credit Risk Analyst Job Vacancy in Outjo, Namibia – Banking & Finance

Job Description

Position:Credit Risk Analyst

Company:Bank Windhoek

Location:Outjo, Namibia

Experience:3-5 years in credit risk analysis

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

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

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

Vacancies:1

Company Overview

Bank Windhoek is Namibia’s leading indigenous commercial bank, founded in 1982 and recognized for its robust financial solutions across retail, corporate, and SME sectors. With a network of over 30 branches and a strong digital platform, the bank supports the economic growth of Namibia by providing innovative products, reliable customer service, and community-focused initiatives. As a pillar of the Namibian financial landscape, Bank Windhoek is committed to fostering talent, promoting financial inclusion, and maintaining the highest standards of corporate governance. The Outjo branch serves a vibrant regional market, offering personalized banking services to individuals, agricultural enterprises, and small businesses. Joining Bank Windhoek means becoming part of a forward‑thinking institution that values integrity, collaboration, and continuous improvement, making it an attractive destination for professionals seeking rewarding Namibia Jobs.

Job Overview

The Credit Risk Analyst will play a critical role in assessing the creditworthiness of loan applicants and monitoring existing credit portfolios. Reporting to the Head of Risk Management, the analyst will employ quantitative models, financial statement analysis, and industry research to support sound lending decisions. This position directly contributes to the bank’s risk mitigation strategy, ensuring sustainable growth while protecting the institution’s assets. The role offers exposure to a diverse range of sectors, including agriculture, mining, tourism, and retail, providing a comprehensive understanding of Namibia’s economic dynamics. Candidates will collaborate with relationship managers, senior analysts, and senior executives, making this a highly visible and impactful position. The role aligns with the bank’s commitment to hiring in Namibia and offers excellent career progression opportunities for those passionate about finance and risk management.

Key Responsibilities

• Conduct thorough credit assessments using financial ratios, cash flow analysis, and industry benchmarks.
• Prepare detailed credit reports and present findings to senior management and loan committees.
• Monitor and review existing loan portfolios to identify early warning signs of credit deterioration.
• Develop and maintain credit scoring models and risk rating systems.
• Collaborate with relationship managers to structure appropriate loan terms and covenants.
• Stay updated on regulatory changes and ensure compliance with Namibia’s banking regulations.
• Assist in the preparation of risk dashboards and periodic risk management reports.
• Contribute to the continuous improvement of credit policies and procedures.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel and statistical software.
• Excellent written and verbal communication skills for report preparation and stakeholder interaction.
• Attention to detail and ability to work under tight deadlines.
• Solid understanding of banking products, credit risk principles, and Namibian financial regulations.
• Team player with a collaborative mindset and ability to influence cross‑functional teams.
• Proficiency in English; knowledge of Afrikaans or local languages is an advantage.

Education

A Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or CPA are considered a strong advantage and demonstrate a commitment to continuous learning and professional development.

Experience

The ideal candidate will have 3 to 5 years of hands‑on experience in credit analysis, loan underwriting, or risk assessment within a banking or financial services environment. Experience in the Namibian market, particularly with agricultural or mining clients, will be highly valued.

Salary

The position offers a competitive salary range of SSP 250,000 to SSP 350,000 per annum, commensurate with experience and qualifications. Performance‑based bonuses and other incentives are part of the total remuneration package, reflecting the bank’s commitment to rewarding high performance.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Paid annual leave and public holidays in accordance with Namibian labor law.
• Employee assistance program and wellness initiatives.
• Flexible working arrangements where applicable.
• Opportunities for career advancement and internal mobility.

Training

• On‑boarding program covering bank policies, systems, and risk management frameworks.
• Continuous professional development courses, including internal workshops and external certifications.
• Mentorship from senior risk managers and access to a knowledge‑sharing platform.
• Regular attendance at industry conferences and seminars to stay abreast of market trends.

Working Environment

Bank Windhoek provides a modern, collaborative workspace equipped with the latest technology to support efficient analysis and reporting. The Outjo branch fosters a supportive culture where teamwork, integrity, and innovation are celebrated. Employees enjoy a balanced work‑life environment, with a focus on employee well‑being and community engagement.

Application Process

Interested candidates should submit their application through the bank’s online portal. Please include a tailored cover letter, updated CV, and copies of relevant certifications. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an interview. For more information about the application steps, visit https://namibiajobsearch.com/. This is an excellent opportunity for professionals seeking career growth, contributing to Namibia’s financial stability, and becoming part of a respected institution.

Equal Opportunity Statement

Bank Windhoek is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. Our hiring practices reflect our dedication to fostering a workplace that values the unique perspectives and contributions of every individual.