Credit Risk Modeling Analyst Job Vacancy in Sebeta, Ethiopia – Banking & Finance

Job Description

Position: Credit Risk Modeling Analyst

Company: Dashen Bank

Location: Sebeta, Ethiopia

Experience: 3-5 years

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Credit Risk Management

Salary: 500,000 – 800,000 SSP per month

Vacancies:1

Company Overview

Dashen Bank is one of Ethiopia’s leading financial institutions, recognized for its robust retail and corporate banking services. With a strong commitment to innovation, financial inclusion, and sustainable growth, Dashen Bank has expanded its footprint across the nation, offering a wide range of products from savings accounts to complex corporate financing solutions. The bank’s culture emphasizes integrity, customer focus, and continuous professional development, making it an attractive destination for ambitious finance professionals seeking to make a tangible impact on Ethiopia’s economic landscape. As part of its strategic vision, Dashen Bank is investing heavily in advanced risk analytics and data‑driven decision making, creating a fertile environment for experts in credit risk modeling to thrive.

Job Overview

The Credit Risk Modeling Analyst will play a pivotal role in designing, developing, and maintaining quantitative models that assess credit risk across Dashen Bank’s loan portfolio. Reporting to the Head of Credit Risk Management, you will collaborate with data scientists, credit officers, and senior management to ensure that risk models are accurate, compliant with regulatory standards, and aligned with the bank’s strategic objectives. This position offers a unique opportunity to influence the bank’s risk appetite, support sustainable lending practices, and contribute to the overall stability of Ethiopia’s financial system. For more information about Dashen Bank’s career opportunities, visit the Main Website. Additional resources on regional job markets can be found at Botswana Job Search.

Key Responsibilities

• Develop, validate, and maintain credit risk scorecards and probability of default (PD) models using statistical and machine learning techniques.
• Perform data extraction, cleaning, and transformation from multiple banking systems to support model development.
• Conduct back‑testing, stress testing, and model performance monitoring to ensure ongoing accuracy.
• Collaborate with credit officers to integrate model outputs into loan underwriting workflows.
• Prepare comprehensive documentation, model governance reports, and regulatory submissions in line with the Central Bank of Ethiopia guidelines.
• Provide analytical insights and recommendations to senior management on portfolio risk trends.
• Stay updated on global best practices in credit risk modeling and incorporate relevant innovations.

Required Skills

• Strong proficiency in statistical software such as R, Python, SAS, or Stata.
• Experience with credit risk modeling techniques, including logistic regression, decision trees, and ensemble methods.
• Solid understanding of banking products, credit underwriting processes, and regulatory frameworks.
• Excellent analytical, problem‑solving, and quantitative skills.
• Ability to communicate complex model results to non‑technical stakeholders.
• Attention to detail and strong documentation habits.

Education

A bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related discipline is required. Advanced degrees (MSc or MBA) or professional certifications such as FRM or CFA are highly desirable and will be considered an advantage during the selection process.

Experience

The ideal candidate will have 3‑5 years of hands‑on experience in credit risk modeling within a banking or financial services environment. Prior exposure to Ethiopian banking regulations and experience working with large, heterogeneous data sets will be viewed favorably.

Salary

Dashen Bank offers a competitive salary range of 500,000 to 800,000 SSP per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the compensation package.

Benefits

• Comprehensive health insurance covering employee and dependents.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Transportation allowance for commuting to the Sebeta office.
• Employee assistance program and wellness initiatives.

Training

• On‑the‑job training in advanced credit risk analytics and regulatory compliance.
• Access to internal and external workshops, webinars, and certifications.
• Mentorship program pairing analysts with senior risk managers.

Working Environment

Located in Sebeta’s modern business district, the office provides a collaborative, technology‑enabled workspace equipped with high‑speed internet, secure data servers, and comfortable meeting rooms. Dashen Bank promotes a culture of teamwork, continuous learning, and ethical conduct, ensuring that employees feel valued and motivated.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online application portal on Dashen Bank’s career page. 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

Dashen Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, ethnicity, religion, or background. All qualified applicants will receive consideration for employment without discrimination.