Risk Analytics Manager Job Vacancy in Mongu, Zambia – Banking & Financial Services

Job Description

Position: Risk Analytics Manager

Company: Standard Chartered Bank Zambia

Location: Mongu, Zambia

Experience: 5-7 years in risk analytics, financial services

Education: Bachelor’s degree in Finance, Economics, Statistics or related field; Master’s preferred

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

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

Vacancies:1

Company Overview

Standard Chartered Bank Zambia is a leading international bank with a strong presence across the African continent. Established in Zambia over two decades ago, the bank offers a comprehensive suite of retail, corporate, and investment banking services. With a commitment to sustainable growth, innovation, and community development, Standard Chartered supports Zambia’s economic transformation through responsible financing, digital solutions, and inclusive banking. The bank’s culture emphasizes integrity, diversity, and continuous learning, making it an attractive employer for professionals seeking dynamic career opportunities. As part of a global network, employees gain access to world‑class resources, cross‑border collaboration, and a platform to influence the future of finance in Zambia and beyond. This environment provides an excellent backdrop for ambitious risk professionals to shape robust risk frameworks that protect the bank’s assets while fostering growth.

Job Overview

The Risk Analytics Manager will lead the development and implementation of advanced risk analytics models that support the bank’s strategic objectives. Reporting to the Head of Risk Management, the role involves translating complex data into actionable insights, enhancing credit, market, and operational risk assessments, and ensuring compliance with regulatory standards. The manager will collaborate with business units, technology teams, and senior leadership to embed risk‑aware decision making across the organization. This position offers a unique opportunity to influence risk culture, drive data‑driven innovation, and contribute to the bank’s mission of delivering sustainable financial solutions in Zambia. The role is central to Standard Chartered’s commitment to robust risk governance and aligns with the growing demand for sophisticated risk analytics in the African banking sector.

Key Responsibilities

• Design, develop, and maintain quantitative risk models for credit, market, and operational risk.
• Analyze large data sets using statistical and machine learning techniques to identify risk trends and emerging threats.
• Prepare risk dashboards and reports for senior management, regulators, and audit committees.
• Collaborate with IT and data engineering teams to ensure data quality, integrity, and accessibility.
• Lead risk scenario analysis and stress testing exercises in line with Basel III and local regulatory requirements.
• Provide expert guidance to business units on risk mitigation strategies and model validation.
• Stay abreast of industry best practices, regulatory changes, and emerging risk analytics technologies.
• Mentor junior analysts and foster a culture of continuous improvement within the risk analytics team.

Required Skills

• Strong proficiency in statistical programming languages such as R, Python, or SAS.
• Experience with data visualization tools (e.g., Tableau, Power BI) and SQL databases.
• Deep understanding of credit risk, market risk, and operational risk frameworks.
• Excellent analytical, problem‑solving, and communication skills.
• Ability to translate complex quantitative findings into clear business recommendations.
• Knowledge of Basel III, IFRS 9, and local banking regulations.
• Project management experience with the ability to meet tight deadlines.
• Team leadership and stakeholder management capabilities.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Statistics, Mathematics, Computer Science, or a related discipline is required. A Master’s degree or professional certifications such as FRM, CFA, or PRM are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants must have 5‑7 years of relevant experience in risk analytics, quantitative modeling, or risk management within the banking or financial services sector. Prior exposure to regulatory reporting, stress testing, and cross‑functional collaboration is essential.

Salary

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

Benefits

• Health insurance covering medical, dental, and vision care.
• Retirement savings plan with employer contributions.
• Annual performance bonus and profit‑sharing opportunities.
• Paid annual leave, sick leave, and public holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• Comprehensive onboarding program covering bank policies, risk frameworks, and technology platforms.
• Access to internal and external risk analytics workshops, webinars, and conferences.
• Mentorship from senior risk leaders and cross‑functional experts.
• Continuous learning opportunities through e‑learning portals and industry certifications.

Working Environment

Standard Chartered Bank Zambia offers a modern, collaborative workspace in Mongu equipped with state‑of‑the‑art technology and flexible working arrangements. The bank promotes a culture of inclusion, where diverse perspectives are valued and innovation is encouraged. Employees enjoy a supportive environment that balances professional growth with work‑life harmony.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role via the online portal at https://zambiajobssearch.com/. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview followed by technical assessments and final discussions with senior leadership.

Equal Opportunity Statement

Standard Chartered 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.