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

Job Description

Position:Risk Management Analyst

Company:Standard Bank Namibia

Location:Walvis Bay, Namibia

Experience:3-5 years of experience in risk analysis, credit risk, or related fields

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

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

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

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, ranging from retail and corporate banking to wealth management and digital solutions. As part of the Standard Bank Group, it benefits from global expertise while maintaining a deep commitment to the Namibian market. The bank’s mission is to empower individuals, businesses, and communities through innovative financial products and responsible banking practices. With a focus on sustainable growth, Standard Bank Namibia actively supports local entrepreneurship, infrastructure development, and financial inclusion, making it a premier employer for ambitious professionals seeking career advancement in Namibia Jobs.

Job Overview

The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial risks that could impact the bank’s profitability and reputation. Reporting to the Head of Risk Management, the analyst will collaborate with cross‑functional teams to develop risk models, conduct stress testing, and ensure compliance with regulatory standards. This position offers a unique opportunity to contribute to the bank’s strategic risk framework while gaining exposure to a dynamic banking environment. Candidates will be part of a forward‑thinking team that values analytical rigor, ethical standards, and continuous improvement, aligning perfectly with the growing demand for Jobs in Namibia within the finance sector.

For more information about Standard Bank Namibia and its commitment to excellence, visit the official website: https://namibiajobsearch.com/.

Key Responsibilities

• Develop and maintain quantitative risk models for credit, market, and operational risk.
• Conduct regular risk assessments and scenario analyses to support decision‑making.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Monitor key risk indicators and recommend mitigation strategies.
• Collaborate with business units to embed risk awareness into product development and sales processes.
• Assist in the implementation of the bank’s risk appetite framework.
• Stay updated on local and international regulatory changes affecting the banking sector.

Required Skills

• Strong analytical and quantitative skills with proficiency in statistical software (e.g., SAS, R, Python).
• In‑depth knowledge of banking risk concepts, including credit risk, market risk, and operational risk.
• Excellent communication skills to convey complex risk findings to non‑technical stakeholders.
• Attention to detail and ability to work under tight deadlines.
• Proficiency in Microsoft Office Suite, especially Excel.
• Team‑oriented mindset with the ability to work independently.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, Mathematics, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are advantageous but not mandatory.

Experience

Applicants must have 3‑5 years of relevant experience in risk analysis, credit risk assessment, or a similar role within the banking or financial services industry. Experience with regulatory reporting and familiarity with Basel III guidelines will be considered a strong asset.

Salary

The successful candidate will receive a competitive salary ranging from SSP 250,000 to SSP 350,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and other incentives are also part of the compensation package.

Benefits

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

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance.
• Access to internal and external risk management courses.
• Mentorship from senior risk professionals.
• Opportunities to attend industry conferences and seminars.

Working Environment

Standard Bank Namibia offers a collaborative and inclusive workplace located in the vibrant coastal city of Walvis Bay. The office environment is modern, equipped with state‑of‑the‑art technology, and encourages knowledge sharing. Employees benefit from flexible working arrangements, including remote work options where appropriate, fostering a healthy work‑life balance.

Application Process

Interested candidates should submit their application through the online portal on the Standard Bank Namibia careers page. The application must include an updated CV, a cover letter outlining relevant experience, and copies of academic certificates. Shortlisted applicants will be invited for a competency‑based interview followed by a technical 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 hiring practices reflect our dedication to fairness and transparency, ensuring that every candidate has an equal chance to succeed in this Job Vacancy in Namibia.