Credit Risk Modeling Specialist Job Vacancy in Kisii, Kenya – Banking & Finance

Job Description

Position: Credit Risk Modeling Specialist

Company: Standard Chartered Bank Kenya

Location: Kisii, Kenya

Experience: 5+ years in credit risk modeling and analytics

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: SSP 150,000 – SSP 250,000 per month

Vacancies:1

Company Overview

Standard Chartered Bank Kenya is a leading international bank with a strong presence across East Africa. With a legacy of over 150 years, the bank provides innovative financial solutions to individuals, corporations, and governments. Its commitment to sustainable growth, digital transformation, and inclusive banking makes it a top employer for professionals seeking career advancement in Kenya. The bank’s Kisii branch serves a dynamic regional market, supporting local businesses and community development initiatives. As part of its strategic vision, Standard Chartered Kenya continuously invests in talent, technology, and risk management excellence, creating a vibrant environment for ambitious specialists.

Job Overview

The Credit Risk Modeling Specialist will lead the design, development, and validation of advanced credit risk models that support the bank’s lending portfolio across retail, SME, and corporate segments. This role is pivotal in ensuring robust risk assessment, regulatory compliance, and strategic decision‑making. The specialist will collaborate with data scientists, credit officers, and senior risk managers to translate complex data into actionable insights. For more information about the bank’s career opportunities, visit our main website at https://kenyajobsearch.com. This position offers a unique chance to influence risk policy while working in a forward‑thinking, technology‑driven environment.

Key Responsibilities

• Develop, implement, and maintain statistical and machine‑learning credit risk models for various loan products.
• Perform model validation, back‑testing, and performance monitoring in line with Basel III and local regulatory standards.
• Collaborate with data engineering teams to ensure high‑quality data pipelines for model inputs.
• Prepare detailed model documentation, risk reports, and presentations for senior management and regulators.
• Provide analytical support for credit approval committees and portfolio risk reviews.
• Identify emerging risk trends and recommend model enhancements or new model development.

Required Skills

• Proficiency in statistical programming languages such as R, Python, or SAS.
• Strong knowledge of credit risk concepts, Basel III, and Kenyan banking regulations.
• Experience with data visualization tools (e.g., Tableau, Power BI) and SQL databases.
• Excellent analytical, problem‑solving, and communication skills.
• Ability to work independently and lead cross‑functional projects.

Education

A Master’s degree in Finance, Economics, Statistics, Applied Mathematics, or a related quantitative discipline is required. Professional certifications such as FRM or CFA are advantageous and demonstrate a commitment to risk excellence.

Experience

Applicants must have a minimum of five years of hands‑on experience in credit risk modeling, model validation, or quantitative risk analysis within a banking or financial services environment. Experience in emerging markets, especially East Africa, is highly valued.

Salary

The role offers a competitive salary range of SSP 150,000 to SSP 250,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the compensation package.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Employee assistance program and wellness initiatives.
• Opportunities for international assignments and secondments.

Training

• Access to Standard Chartered’s global learning platform for continuous professional development.
• Support for industry‑recognized certifications such as FRM, CFA, or PRM.
• Regular workshops on advanced analytics, machine learning, and regulatory updates.

Working Environment

The Kisii office provides a collaborative, inclusive, and technology‑enabled workspace. Employees benefit from flexible working arrangements, modern office amenities, and a culture that encourages innovation and knowledge sharing. The bank’s commitment to diversity and inclusion ensures that all staff feel valued and empowered to contribute their best.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment. For additional details on the application steps, please visit https://cameroonjobsearch.com/job-vacancy-in-cameroon/.

Equal Opportunity Statement

Standard Chartered Bank Kenya 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. Our recruitment practices are designed to ensure fairness and transparency, providing equal access to career opportunities in Kenya.