Senior Financial Risk Analyst Job Vacancy in Mekelle, Ethiopia – Banking & Finance

Job Description

Position: Senior Financial Risk Analyst

Company: Standard Chartered Bank Ethiopia

Location: Mekelle, Ethiopia

Experience: 5-7 years

Education: Master’s Degree in Finance, Economics, or Statistics

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: 45,000 – 75,000 SSP

Vacancies: 1

Company Overview

Standard Chartered Bank is a leading international banking group that operates in many markets around the world, serving a diverse range of customers. In Ethiopia, we are committed to driving sustainable growth and providing innovative financial solutions that empower businesses and individuals. As part of our global network, our local operations focus on high-impact banking services that support the national economy. We pride ourselves on our culture of excellence, integrity, and client-centricity. We are currently looking for top-tier talent to join our growing team in Mekelle as we expand our footprint in the region. This is a premier opportunity for professionals seeking meaningful career opportunities in Ethiopia within a highly regulated and prestigious global institution.

Job Overview

The Senior Financial Risk Analyst will play a critical role in identifying, assessing, and mitigating financial risks that could impact the bank’s stability and profitability. This position involves complex quantitative modeling, stress testing, and the development of risk mitigation strategies. You will work closely with senior management to ensure that the bank’s risk appetite is maintained while pursuing strategic growth. This role is essential for maintaining our reputation as a stable and reliable financial institution in the region. For more information on various career paths, visit https://ethiopiajobssearch.com.

Key Responsibilities

• Develop and implement advanced quantitative models to assess credit, market, and liquidity risks.
• Conduct regular stress testing and scenario analysis to evaluate the impact of economic shifts.
• Collaborate with the compliance and legal teams to ensure all risk management activities align with local and international regulations.
• Prepare comprehensive risk reports for the Board of Directors and senior executive leadership.
• Monitor emerging financial trends and geopolitical shifts that may affect the bank’s portfolio in Ethiopia.
• Provide expert guidance to business units regarding the risk implications of new financial products.

Required Skills

• Advanced proficiency in statistical software such as R, Python, or SAS.
• Deep understanding of Basel III regulatory frameworks and international banking standards.
• Exceptional analytical and problem-solving capabilities.
• Strong communication skills to translate complex data into actionable insights for non-technical stakeholders.
• High level of attention to detail and accuracy in financial modeling.

Education

A Master’s degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field is mandatory. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly preferred and will be considered an advantage during the selection process.

Experience

Candidates must possess a minimum of 5 to 7 years of direct experience in financial risk management, preferably within a commercial or investment banking environment. Proven experience in developing risk models and presenting findings to senior management is essential. We are looking for professionals who have navigated complex regulatory landscapes in emerging markets.

Salary

The monthly salary for this position ranges from 45,000 SSP to 75,000 SSP, depending on the candidate’s expertise and qualifications. This package is competitive within the local market for high-level banking roles.

Benefits

• Comprehensive health and life insurance coverage.
• Performance-based annual bonuses.
• Subsidized transport and meal allowances.
• Access to international training and professional development programs.
• Generous leave entitlement and wellness programs.

Training

Standard Chartered is committed to continuous learning. Successful candidates will undergo intensive onboarding and specialized training in our proprietary risk management systems. We also offer access to global learning platforms to ensure you stay at the forefront of the industry. Explore more job vacancies in the region via https://senegaljobsearch.com/.

Working Environment

The working environment is professional, collaborative, and highly structured. You will work in a modern office setting in Mekelle, surrounded by a diverse team of experts. We foster a culture of inclusion and high performance, where data-driven decisions are valued. While the role is primarily office-based, occasional travel to other regional branches may be required.

Application Process

Interested candidates should submit their updated CV and a cover letter detailing their relevant experience through our official recruitment portal. Please ensure all documentation is accurate and reflects your true professional history. For more diverse employment opportunities across Africa, visit https://zambiajobssearch.com/job-vacancy-zambia/.

Equal Opportunity Statement

Standard Chartered Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, or disability status.