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

Job Description

Position: Credit Risk Analyst

Company: Standard Bank Namibia

Location: Windhoek, Namibia

Experience: 3-5 years in credit risk analysis or related finance roles

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

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

Vacancies:1

Company Overview

Standard Bank Namibia is a leading financial institution with a strong heritage of over a century in Africa. As a subsidiary of Standard Bank Group, it offers a comprehensive suite of banking services, including retail, corporate, and investment banking. The bank is committed to fostering economic growth in Namibia through innovative financial solutions, responsible lending, and community development initiatives. With a robust presence in Windhoek and branches across the country, Standard Bank Namibia is recognized for its stability, customer focus, and dedication to excellence. This reputation makes it an attractive employer for professionals seeking rewarding careers in Namibia Jobs and a dynamic environment for career advancement.

Job Overview

The Credit Risk Analyst will join the Risk Management Department to support the bank’s credit portfolio by assessing risk, developing analytical models, and providing actionable insights to senior management. The role is pivotal in ensuring sound credit decisions, maintaining regulatory compliance, and protecting the bank’s financial health. Candidates will work closely with credit officers, product managers, and senior risk leaders to evaluate loan applications, monitor existing exposures, and contribute to the development of risk policies. For more information about Standard Bank Namibia and its commitment to career opportunities, visit Namibia Job Search and explore the range of Jobs in Namibia.

Key Responsibilities

• Analyze credit applications and financial statements to assess borrower creditworthiness.
• Develop and maintain quantitative risk models, including probability of default and loss given default calculations.
• Prepare detailed risk assessment reports for senior management and the Credit Committee.
• Monitor the performance of the existing loan portfolio, identify early warning signs, and recommend mitigation strategies.
• Collaborate with product teams to design credit products that align with risk appetite and regulatory requirements.
• Stay updated on local and international banking regulations, ensuring compliance with Basel III and Namibian Prudential Authority guidelines.
• Assist in the preparation of regulatory filings and internal risk dashboards.
• Participate in cross‑functional projects aimed at enhancing credit risk processes and technology platforms.

Required Skills

• Strong analytical and quantitative skills with proficiency in Excel, VBA, and statistical software (e.g., R, SAS, or Python).
• Excellent written and verbal communication abilities to convey complex risk concepts clearly.
• Attention to detail and a methodical approach to data analysis and reporting.
• Ability to work independently and as part of a collaborative team in a fast‑paced environment.
• Sound understanding of banking products, credit underwriting standards, and risk management frameworks.
• Proficiency in financial statement analysis and cash flow modeling.
• 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 CFA, FRM, or CPA are advantageous and demonstrate a commitment to continuous professional development, which aligns with the bank’s focus on hiring in Namibia and nurturing talent.

Experience

Applicants should have 3‑5 years of experience in credit risk analysis, loan underwriting, or a related finance role within a banking or financial services environment. Experience with risk modeling, regulatory reporting, and exposure monitoring is essential. Prior exposure to the Namibian banking sector or Southern African markets will be considered a strong asset.

Salary

The compensation package ranges from SSP 250,000 to SSP 350,000 per annum, commensurate with experience, qualifications, and performance. The salary structure is competitive within the Banking & Finance sector in Namibia and reflects the bank’s commitment to attracting top talent for its Risk Management team.

Benefits

• Comprehensive health insurance covering medical, dental, and vision care.
• Retirement savings plan with employer contributions.
• Performance‑based bonuses and annual salary reviews.
• Paid parental and annual leave in line with Namibian labour laws.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering bank policies, risk frameworks, and compliance standards.
• Access to internal learning platforms for advanced risk analytics and financial modeling.
• Mentorship from senior risk leaders to accelerate career growth.
• Opportunities to attend industry conferences and workshops across Africa.

Working Environment

Standard Bank Namibia offers a modern, collaborative workspace in the heart of Windhoek’s financial district. The office is equipped with state‑of‑the‑art technology, flexible work arrangements, and a culture that values diversity, innovation, and continuous improvement. Employees enjoy a supportive atmosphere where ideas are encouraged, and contributions are recognized, making it an ideal place for professionals seeking Employment in Namibia and long‑term career progression.

Application Process

Interested candidates should submit their application through the online portal on the Standard Bank Namibia careers page. The application must include a current resume, a cover letter outlining relevant experience, and copies of academic qualifications. Shortlisted applicants will be invited to complete a written assessment followed by a panel interview. The recruitment timeline typically spans four to six weeks from submission to offer.

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. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, sexual orientation, age, disability, or any other characteristic protected by law. Our hiring practices reflect our dedication to fairness and the promotion of equal opportunity in Namibia.