Job Description
Position:Risk Management Analyst
Company:Standard Chartered Bank Tanzania
Location:Kilosa, Tanzania
Experience:3-5 years in risk analysis, preferably in banking sector
Education:Bachelor’s degree in Finance, Economics, or related field
Employment Type:Full-time
Industry:Banking & Finance
Department:Risk Management
Salary:2,500,000 – 3,500,000 SSP per month
Vacancies:1
Company Overview
Standard Chartered Bank Tanzania is a leading international bank with a strong presence in the Tanzanian market, offering a wide range of financial services to corporate and retail clients. Committed to sustainable growth, the bank emphasizes innovation, customer focus, and robust risk management practices. As part of its expansion strategy, Standard Chartered is seeking talented professionals to join its dynamic team in Kilosa, contributing to the bank’s mission of fostering economic development across Tanzania.
Job Overview
The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial risks across the bank’s portfolio. Reporting to the Head of Risk Management, the analyst will collaborate with cross‑functional teams to ensure compliance with regulatory standards and internal policies. This position offers a unique opportunity to develop expertise in risk analytics while contributing to the bank’s strategic objectives. For more information about our organization, visit https://tanzaniajobsearch.com/.
Key Responsibilities
- Conduct comprehensive risk assessments for credit, market, and operational exposures.
- Develop and maintain risk models, dashboards, and reporting tools.
- Monitor risk indicators and provide timely alerts to senior management.
- Assist in the preparation of regulatory risk reports and ensure compliance with the Bank of Tanzania guidelines.
- Collaborate with business units to embed risk‑aware practices into daily operations.
Required Skills
- Strong analytical and quantitative abilities with proficiency in Excel, SQL, and risk‑modeling software.
- Excellent communication skills to present findings to both technical and non‑technical stakeholders.
- Attention to detail and a proactive approach to problem‑solving.
- Ability to work independently and as part of a multidisciplinary team.
- Knowledge of Basel III and local banking regulations.
Education
A Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM or CFA are advantageous.
Experience
Applicants should have 3‑5 years of experience in risk analysis, credit assessment, or a similar role within the banking or financial services sector.
Salary
The monthly salary range for this position is 2,500,000 to 3,500,000 SSP, commensurate with experience and qualifications. Additional performance‑based incentives may be offered.
Benefits
- Comprehensive health insurance coverage.
- Retirement savings plan.
- Paid annual leave and public holidays.
- Professional development and certification support.
- Employee assistance program.
Training
- On‑boarding program covering bank policies, risk frameworks, and compliance standards.
- Continuous learning opportunities through workshops, webinars, and mentorship.
- Access to internal risk‑management platforms and analytical tools.
Working Environment
Standard Chartered Bank Tanzania offers a collaborative, inclusive, and technology‑driven workplace. Employees benefit from modern office facilities in Kilosa, flexible working arrangements, and a culture that values diversity and innovation.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.
Equal Opportunity Statement
Standard Chartered Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or background.