Risk Management Analyst Job Vacancy in Chipata, Zambia – Banking & Financial Services

Job Description

Position:Risk Management Analyst

Company:Standard Chartered Bank Zambia

Location:Chipata, Zambia

Experience:3-5 years

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

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 Africa, committed to delivering innovative financial solutions that drive economic growth and inclusion. With a legacy spanning over 150 years, the bank combines global expertise with deep local insight, supporting businesses, governments, and individuals throughout Zambia. The Chipata branch serves as a strategic hub for the Eastern Province, fostering trade, investment, and community development. As part of its mission, Standard Chartered prioritises sustainable banking practices, digital transformation, and robust risk management to safeguard assets and ensure long‑term stability. The bank’s culture encourages collaboration, continuous learning, and a high standard of ethical conduct, making it an attractive destination for professionals seeking rewarding career pathways in the financial sector.

Standard Chartered’s commitment to diversity, inclusion, and corporate responsibility is reflected in its extensive community programmes, financial literacy initiatives, and support for small and medium enterprises. By joining the Risk Management team, you will contribute to the bank’s vision of creating a resilient financial ecosystem that supports Zambia Jobs, Jobs in Zambia, and broader Career Opportunities in Zambia.

Job Overview

The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial and operational risks across the Chipata branch’s portfolio. Reporting to the Head of Risk Management, you will collaborate with credit, compliance, and business units to develop risk models, conduct stress testing, and ensure adherence to regulatory standards set by the Bank of Zambia and international best practices. This position offers a unique opportunity to influence strategic decision‑making, enhance risk frameworks, and support the bank’s growth objectives while maintaining a strong focus on Employment in Zambia and Hiring in Zambia.

For more information about Standard Chartered’s global initiatives, visit the main website: https://zambiajobssearch.com.

Key Responsibilities

• Conduct comprehensive risk assessments for loan portfolios, trade finance, and treasury operations.
• Develop and maintain quantitative risk models, including credit scoring and market risk analytics.
• Perform regular stress testing and scenario analysis to evaluate potential impacts on the branch’s financial health.
• Monitor compliance with local regulatory requirements and internal risk policies.
• Prepare detailed risk reports and present findings to senior management and the Board of Directors.
• Collaborate with the Credit Department to review loan applications and recommend risk‑adjusted pricing.
• Assist in the implementation of risk mitigation strategies and corrective action plans.
• Stay updated on emerging risks, industry trends, and regulatory changes affecting the banking sector.

Required Skills

• Strong analytical and quantitative abilities with proficiency in statistical software (e.g., SAS, R, Python).
• In‑depth knowledge of credit risk, market risk, and operational risk frameworks.
• Excellent communication skills for presenting complex risk concepts to non‑technical stakeholders.
• Attention to detail and ability to work under tight deadlines.
• Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.
• Understanding of Zambian banking regulations and Basel III standards.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or CFA are highly desirable and will be considered an advantage.

Experience

Applicants should have 3 to 5 years of experience in risk analysis, credit assessment, or related roles within the banking or financial services industry. Prior exposure to risk management tools and regulatory reporting in a Zambian context is preferred.

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, along with performance‑based bonuses.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Annual leave and paid public holidays in line with Zambian labour law.
• Professional development allowance for certifications and training.
• Employee assistance programme and wellness initiatives.

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance standards.
• Access to internal e‑learning platforms and external workshops.
• Mentorship from senior risk managers and opportunities for cross‑functional rotations.

Working Environment

Standard Chartered Bank Zambia offers a modern, collaborative workspace in Chipata, equipped with state‑of‑the‑art technology and flexible working arrangements. The culture promotes teamwork, innovation, and a strong sense of purpose, encouraging employees to contribute ideas that drive business excellence and community impact.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. For additional career resources and to explore other opportunities, visit: https://www.liberiajobsearch.com/.

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, disability, or any other characteristic protected by law. All qualified applicants will receive consideration for employment without discrimination.