Senior Credit Risk Analyst Job Vacancy in Debre Birhan, Ethiopia – Banking & Finance

Job Description

Position:Senior Credit Risk Analyst

Company:Awash Bank

Location:Debre Birhan, Ethiopia

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

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

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

Salary:SSP 250,000 – 400,000 per month

Vacancies:1

Company Overview

Awash Bank is one of Ethiopia’s leading commercial banks, recognized for its extensive network, innovative financial solutions, and commitment to sustainable economic development. Established in 1994, the bank has grown to serve millions of customers across the nation, offering retail banking, corporate financing, trade services, and digital banking platforms. With a strong focus on corporate governance and community engagement, Awash Bank continuously invests in technology and talent to maintain its position as a trusted financial institution. As part of its expansion strategy, the bank is strengthening its risk management capabilities to support robust credit decisions and protect stakeholder interests. This role contributes directly to Awash Bank’s mission of fostering financial inclusion while ensuring prudent risk practices, making it an exciting opportunity for professionals seeking to impact Ethiopia’s banking sector.

Job Overview

The Senior Credit Risk Analyst will lead the assessment, monitoring, and mitigation of credit risk for the bank’s loan portfolio in the Debre Birhan region. Reporting to the Head of Credit Risk, the analyst will develop risk models, conduct thorough credit reviews, and provide strategic recommendations to senior management. This position plays a pivotal role in safeguarding the bank’s assets, enhancing credit quality, and supporting sustainable growth. Candidates will collaborate with relationship managers, underwriting teams, and the compliance department to ensure that credit decisions align with regulatory standards and internal policies. For more information about Awash Bank’s career opportunities, visit https://ethiopiajobssearch.com/. This role is a key component of the bank’s hiring in Ethiopia, offering a platform for professional advancement and contribution to the nation’s economic development.

Key Responsibilities

• Conduct comprehensive credit risk assessments for corporate and SME loan applications, including financial statement analysis, cash flow modeling, and industry risk evaluation.
• Develop and maintain quantitative risk models, scorecards, and rating systems to predict default probabilities and loss given default.
• Monitor existing loan portfolios, identify early warning signs, and recommend risk mitigation actions such as restructuring, collateral enhancement, or portfolio reallocation.
• Prepare detailed credit risk reports for senior management, highlighting portfolio trends, concentration risks, and compliance with regulatory limits.
• Collaborate with relationship managers to ensure that credit proposals meet risk appetite and policy standards.
• Lead the implementation of credit risk policies, procedures, and best practices across the Debre Birhan branch network.
• Provide training and mentorship to junior analysts and credit officers on risk assessment techniques and regulatory requirements.
• Stay updated on macroeconomic developments, sectoral dynamics, and regulatory changes affecting credit risk in Ethiopia.

Required Skills

• Strong analytical and quantitative skills with proficiency in Excel, VBA, and statistical software (e.g., SAS, R, Python).
• In-depth knowledge of credit risk frameworks, Basel III guidelines, and Ethiopian banking regulations.
• Excellent written and verbal communication skills for preparing reports and presenting findings to senior stakeholders.
• Ability to work independently, prioritize multiple tasks, and meet tight deadlines.
• High ethical standards and a commitment to confidentiality and data integrity.
• Team-oriented mindset with experience collaborating across functional departments.

Education

A minimum of 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.

Experience

Applicants must have at least five years of hands‑on experience in credit risk analysis within a banking environment, with a proven track record of managing large loan portfolios and developing risk models. Experience in the Ethiopian market or similar emerging economies is preferred.

Salary

The compensation package ranges from SSP 250,000 to SSP 400,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the remuneration structure.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering Awash Bank’s risk policies, systems, and culture.
• Continuous learning opportunities through internal workshops, webinars, and external courses.
• Mentorship from senior risk leaders and access to a knowledge‑sharing platform.

Working Environment

Awash Bank offers a collaborative and inclusive workplace that values diversity, innovation, and continuous improvement. The Debre Birhan office provides modern facilities, reliable IT infrastructure, and a supportive team environment that encourages professional growth and work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on the Awash Bank careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Awash 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, disability, or sexual orientation. All qualified applicants will receive consideration for employment without regard to any protected characteristic.