Risk Analytics Officer Job Vacancy in Arusha, Tanzania – Banking & Finance

November 15, 2026
Apply Now

Job Description

Position:Risk Analytics Officer

Company:Standard Chartered Bank Tanzania

Location:Arusha, Tanzania

Experience:3-5 years

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

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

Salary:SSP 2,500,000 – 3,500,000 per month

Vacancies:1

Company Overview

Standard Chartered Bank Tanzania is a leading international bank with a strong footprint across the African continent. Established in Tanzania over a century ago, the bank offers a comprehensive suite of retail, corporate, and investment banking services. With a commitment to sustainable growth, the bank supports Tanzania Jobs and contributes to the nation’s economic development. Its Arusha branch serves as a strategic hub for the northern region, providing innovative financial solutions to businesses and individuals. The bank’s culture emphasizes integrity, diversity, and continuous learning, making it an attractive destination for professionals seeking career opportunities in Tanzania.

Job Overview

The Risk Analytics Officer will join the Risk Management Department to support the bank’s risk assessment framework. This role involves analyzing credit, market, and operational risk data, developing predictive models, and providing actionable insights to senior management. The officer will collaborate with cross‑functional teams to ensure compliance with regulatory standards and to enhance the bank’s risk mitigation strategies. This position offers a unique chance to contribute to a globally recognized institution while advancing your expertise in risk analytics within the dynamic Tanzanian banking sector.

Key Responsibilities

  • Collect, clean, and analyze large datasets related to credit, market, and operational risk.
  • Develop and maintain statistical models to forecast risk exposure and loss probabilities.
  • Prepare risk dashboards and regular reports for senior leadership and regulatory bodies.
  • Collaborate with credit officers, product managers, and IT teams to integrate risk insights into business processes.
  • Monitor emerging risk trends and recommend proactive mitigation measures.
  • Ensure compliance with the Bank of Tanzania’s risk management guidelines and international best practices.

Required Skills

  • Proficiency in statistical software such as R, Python, or SAS.
  • Strong analytical and quantitative skills with attention to detail.
  • Excellent communication skills to present complex findings in clear language.
  • Knowledge of banking regulations and risk frameworks (e.g., Basel III).
  • Ability to work independently and as part of a multidisciplinary team.
  • Advanced Excel skills, including pivot tables and macros.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related discipline is required. A Master’s degree or professional certifications such as FRM or CFA are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants should have 3 to 5 years of relevant experience in risk analysis, financial modeling, or data analytics within the banking or financial services industry. Experience with regulatory reporting and familiarity with the Tanzanian financial market will be beneficial.

Salary

The successful candidate will receive a competitive salary ranging from SSP 2,500,000 to 3,500,000 per month, commensurate with experience and qualifications. The compensation package also includes performance‑based bonuses and other incentives.

Benefits

  • Health insurance coverage for the employee and dependents.
  • Retirement savings plan with employer contributions.
  • Paid annual leave and sick leave in accordance with Tanzanian labor law.
  • Professional development allowance for certifications and training.
  • Employee assistance program and wellness initiatives.

Training

  • Comprehensive onboarding program covering bank policies, risk management tools, and compliance standards.
  • Ongoing technical training in advanced analytics, machine learning, and regulatory updates.
  • Mentorship opportunities with senior risk officers and industry experts.

Working Environment

The role is based in a modern office in Arusha, featuring collaborative workspaces, secure data rooms, and state‑of‑the‑art technology infrastructure. The bank promotes a supportive atmosphere that values diversity, encourages innovation, and fosters work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online portal. Applications will be reviewed on a rolling basis, and shortlisted applicants will be contacted for interviews. For more information about the recruitment process, please visit Tanzania Job Search.

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, ethnicity, disability, or any other protected characteristic.