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

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

Employment Type:Full-time

Industry:Banking & Finance

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 solutions. With a commitment to innovation, sustainability, and community development, Standard Bank Namibia plays a pivotal role in driving economic growth and financial inclusion throughout the region. The Walvis Bay branch serves a dynamic coastal market, supporting trade, tourism, and local enterprises. As part of its strategic expansion, the bank continuously seeks talented professionals who can contribute to its vision of delivering exceptional customer experiences while maintaining rigorous risk standards. This position offers a unique opportunity to join a reputable organization that values integrity, collaboration, and continuous learning, making it an ideal platform for career advancement in Namibia Jobs.

Job Overview

The Risk Management Analyst will be responsible for identifying, assessing, and monitoring financial and operational risks associated with the bank’s portfolio in Walvis Bay and the broader Namibian market. Working closely with senior risk officers, the analyst will develop risk models, conduct stress testing, and produce insightful reports that support strategic decision‑making. This role is essential for safeguarding the bank’s assets, ensuring regulatory compliance, and enhancing the overall risk culture. The successful candidate will engage with cross‑functional teams, including credit, compliance, and treasury, to embed risk considerations into everyday business processes. By joining Standard Bank Namibia, you will be part of a forward‑thinking institution that prioritizes both profitability and responsible banking.

For more information about our corporate values and career pathways, visit our main website: https://namibiajobsearch.com

Explore additional resources and regional job opportunities at our partner portal: https://www.zambiajobssearch.com/

Key Responsibilities

• Conduct quantitative risk assessments for credit, market, and operational exposures.
• Develop and maintain risk measurement models and dashboards.
• Perform regular stress‑testing scenarios to evaluate portfolio resilience.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Collaborate with business units to embed risk controls into product development.
• Monitor emerging risk trends and recommend mitigation strategies.
• Ensure compliance with Namibia Financial Institutions Supervisory Authority (FISSA) guidelines.
• Support the annual risk appetite framework review and update.

Required Skills

• Strong analytical and quantitative abilities.
• Proficiency in statistical software such as R, Python, or SAS.
• Excellent written and verbal communication skills.
• Attention to detail and ability to work under tight deadlines.
• Knowledge of Basel III and local regulatory requirements.
• Team‑player mindset with collaborative approach.
• Advanced Excel and data visualization skills.
• Problem‑solving orientation and proactive attitude.

Education

A bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a related discipline is required. Candidates with professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly regarded and will be given preference during the selection process.

Experience

The ideal applicant will have three to five years of experience in risk analysis, credit risk, market risk, or a similar function within a banking or financial services environment. Prior exposure to the Namibian banking sector or Southern African markets will be considered an advantage, as it demonstrates familiarity with regional risk dynamics and regulatory expectations.

Salary

The compensation package ranges from SSP 250,000 to SSP 350,000 per annum, commensurate with experience, qualifications, and performance. In addition to the base salary, the role includes performance‑based bonuses and a comprehensive benefits suite aligned with industry standards for Jobs in Namibia.

Benefits

• Health insurance covering medical, dental, and vision care.
• Retirement savings plan with employer contributions.
• Paid annual leave and statutory holidays.
• Professional development allowance.
• Employee assistance program.
• Access to the bank’s wellness and fitness initiatives.

Training

• On‑boarding program covering risk policies, systems, and compliance.
• Continuous learning modules on advanced risk modeling techniques.
• Mentorship from senior risk officers.
• Opportunities to attend regional risk management conferences.
• Support for obtaining FRM or CFA certifications.

Working Environment

Standard Bank Namibia offers a modern, collaborative workspace in Walvis Bay, equipped with state‑of‑the‑art technology and flexible work arrangements. The culture emphasizes transparency, ethical conduct, and a shared commitment to delivering value to customers and shareholders. Employees enjoy a supportive atmosphere where ideas are welcomed, and professional growth is actively encouraged, making it an attractive destination for career opportunities in Namibia.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the Risk Management Analyst role through the online application portal on our website. Applications will be reviewed on a rolling basis, and shortlisted applicants will be invited for an initial virtual interview followed by an on‑site assessment at the Walvis Bay branch.

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 recruitment practices are designed to ensure fairness and transparency, supporting the broader goal of Employment in Namibia for all qualified professionals.