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

Job Description

Position: Senior Financial Risk Manager

Company: Standard Chartered Bank Ethiopia

Location: Mekelle, Ethiopia

Experience: 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 retail and corporate customers through a wide range of products and services. In Ethiopia, we are committed to driving economic growth and supporting local businesses through sustainable financial solutions. As part of our global network, our operations in Ethiopia focus on providing world-class banking services while adhering to the highest standards of regulatory compliance and risk management. We are looking for top-tier talent to join our growing team and help us navigate the complex financial landscape of East Africa. We offer a dynamic work environment where innovation and integrity are at the core of everything we do. If you are looking for career opportunities in Ethiopia with a global leader, you have found the right place.

Job Overview

The Senior Financial Risk Manager will play a critical role in identifying, assessing, and mitigating financial risks that could impact the bank’s stability and profitability. This position involves developing sophisticated risk models, monitoring market trends, and ensuring that all banking activities align with both local regulatory requirements and international best practices. You will work closely with senior leadership to provide strategic insights that inform decision-making processes across various business units. This is a high-impact role designed for a professional who thrives in a fast-paced, highly regulated environment. For more information on available roles, visit https://ethiopiajobssearch.com.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks to mitigate credit, market, and liquidity risks.
• Conduct regular stress testing and scenario analysis to evaluate the impact of economic volatility on the bank’s portfolio.
• Collaborate with the compliance department to ensure all financial activities meet Ethiopian banking regulations.
• Provide detailed risk assessment reports to the Board of Directors and senior management.
• Monitor emerging financial trends and geopolitical shifts that may affect the bank’s operations in the region.
• Oversee the integration of new risk management technologies and automated monitoring systems.

Required Skills

• Advanced proficiency in quantitative analysis and financial modeling.
• Deep understanding of Basel III regulatory frameworks and local banking laws.
• Strong leadership skills with the ability to manage complex stakeholder relationships.
• Exceptional analytical thinking and problem-solving capabilities.
• Excellent communication skills in English and local languages.

Education

A Master’s degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field is mandatory. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly preferred.

Experience

A minimum of 7 years of progressive experience in financial risk management, preferably within a commercial or investment banking environment. Proven track record of managing large-scale risk portfolios and implementing effective mitigation strategies.

Salary

The monthly salary for this position ranges from 45,000 SSP to 75,000 SSP, depending on the candidate’s expertise and qualifications.

Benefits

• Competitive compensation package aligned with international standards.
• Comprehensive health and life insurance coverage.
• Performance-based annual bonuses.
• Access to global training and development programs.
• Generous leave entitlements and wellness programs.

Training

Successful candidates will undergo intensive onboarding and specialized training in the bank’s proprietary risk assessment software. We also provide continuous professional development opportunities to keep our staff at the forefront of the banking industry. Explore more employment in Ethiopia through our partner networks like https://senegaljobsearch.com/.

Working Environment

The working environment is professional, collaborative, and highly structured. You will work in a modern office setting in Mekelle, interacting with diverse teams from various departments. We foster a culture of excellence and continuous learning, ensuring that every employee has the tools they need to succeed in their role.

Application Process

Interested candidates should submit their updated CV and a cover letter detailing their relevant experience. Please ensure all documentation is accurate and reflects your professional achievements. For more job vacancy in Ethiopia, please check our portal regularly. You can also find regional opportunities at 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.