Regional Credit Risk Analyst Job Vacancy in Kansanshi, Zambia – Banking & Financial Services

Job Description

Position: Regional Credit Risk Analyst

Company: Absa Bank Zambia

Location: Kansanshi, Zambia

Experience: 5+ years in credit risk analysis within banking sector

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

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: SSP 30,000 – 45,000 per month

Vacancies:1

Company Overview

Absa Bank Zambia is a leading financial institution delivering innovative banking solutions across the nation. With a strong presence in both urban and rural markets, Absa is committed to fostering economic growth, supporting entrepreneurship, and providing superior customer service. The bank’s robust risk management framework underpins its stability and reputation, making it a trusted partner for individuals and businesses alike. As part of the broader Absa Group, the Zambian subsidiary benefits from international expertise, cutting‑edge technology, and a culture that values integrity, diversity, and professional development. This is an exciting time to join a dynamic organization that plays a pivotal role in Zambia’s financial landscape and offers abundant career opportunities for ambitious professionals seeking to make a lasting impact.

Job Overview

The Regional Credit Risk Analyst will be responsible for assessing credit risk across the Kansanshi region, ensuring that lending activities align with the bank’s risk appetite and regulatory requirements. This role involves conducting detailed credit analyses, monitoring portfolio performance, and providing actionable insights to senior management. The analyst will collaborate closely with relationship managers, underwriting teams, and the central risk office to develop risk mitigation strategies, support loan approvals, and enhance the overall credit quality of the bank’s portfolio. The position offers a unique blend of analytical rigor, strategic thinking, and stakeholder engagement, making it ideal for professionals who thrive in a fast‑paced, data‑driven environment.

Key Responsibilities

• Perform comprehensive credit assessments for corporate, SME, and retail loan applications within the Kansanshi region.
• Analyze financial statements, cash flow projections, and market conditions to determine borrower creditworthiness.
• Monitor existing loan portfolios, identify early warning signals, and recommend corrective actions.
• Prepare detailed credit risk reports and present findings to senior management and the Credit Committee.
• Collaborate with relationship managers to structure loan terms that balance client needs with risk considerations.
• Ensure compliance with Basel III, local regulatory standards, and Abba Bank’s internal risk policies.
• Develop and maintain credit risk models, scoring systems, and analytical tools.
• Participate in regional risk workshops, training sessions, and continuous improvement initiatives.

Required Skills

• Strong analytical and quantitative abilities with proficiency in financial modeling.
• Excellent written and verbal communication skills for report preparation and stakeholder presentations.
• Deep understanding of credit risk principles, banking regulations, and risk mitigation techniques.
• Advanced knowledge of MS Excel; experience with risk management software (e.g., Moody’s Analytics, SAS) is a plus.
• Ability to work independently, prioritize tasks, and meet tight deadlines.
• High ethical standards and a commitment to confidentiality.

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 highly desirable and will be considered an advantage during the selection process.

Experience

Applicants must have a minimum of five years of hands‑on experience in credit risk analysis, preferably within a commercial banking environment. Experience in the Zambian market, familiarity with local industries, and a track record of successful portfolio management will be valued highly.

Salary

The compensation package ranges from SSP 30,000 to SSP 45,000 per month, commensurate with experience and qualifications. In addition to the base salary, the role includes performance‑based bonuses, health insurance, pension contributions, and other employee benefits.

Benefits

• Competitive salary and performance incentives.
• Comprehensive health and life insurance coverage.
• Pension scheme with employer contributions.
• Annual leave and paid public holidays.
• Professional development allowance and support for certifications.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering Absa’s risk framework, systems, and compliance standards.
• Continuous learning opportunities through internal workshops, webinars, and external courses.
• Mentorship from senior risk leaders to accelerate career growth.

Working Environment

Absa Bank Zambia offers a collaborative, inclusive, and technology‑enabled workplace. The Kansanshi office provides modern facilities, flexible working arrangements, and a culture that encourages innovation and knowledge sharing. Employees benefit from a supportive leadership team that values work‑life balance and promotes a safe, respectful, and diverse environment.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on the Absa Careers website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment.

Equal Opportunity Statement

Absa Bank Zambia 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. All qualified applicants will receive consideration for employment without discrimination.

Explore this exciting opportunity to advance your career while contributing to the stability and growth of Zambia’s banking sector. Join Absa Bank Zambia and be part of a forward‑thinking team dedicated to excellence.