Risk Management Analyst Job Vacancy in Kitui, Kenya – Banking and Financial Services
Job Description
Position:Risk Management Analyst
Company:Standard Chartered Bank Kenya
Location:Kitui, Kenya
Experience:5+ years in banking risk analysis
Education:Bachelor’s degree in Finance, Economics, or related field
Employment Type:Full-time
Industry:Banking and Financial Services
Department:Risk Management
Salary:SSP 150,000 – 250,000 per month
Vacancies:1
Company Overview
Standard Chartered Bank Kenya is a leading international bank with a strong presence across Africa, committed to delivering innovative financial solutions that empower individuals and businesses. With a legacy spanning over 150 years, the bank combines global expertise with deep local insight, fostering sustainable growth and inclusive banking. As part of its strategic expansion, Standard Chartered is investing heavily in the Kitui region, creating new career pathways and contributing to the economic development of Kenya. The bank’s culture emphasizes integrity, collaboration, and continuous learning, making it an ideal environment for professionals seeking to advance their careers while making a meaningful impact. Join a dynamic team that values diversity, encourages entrepreneurial thinking, and supports community initiatives that align with the United Nations Sustainable Development Goals.
Job Overview
The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial risks associated with the bank’s operations in Kitui and the broader East African market. This position involves close collaboration with credit, compliance, and business units to ensure robust risk frameworks are embedded across all processes. The analyst will conduct quantitative and qualitative risk assessments, develop risk models, and provide actionable insights to senior management. By leveraging advanced analytical tools and industry best practices, the analyst will help safeguard the bank’s assets, reputation, and regulatory standing. This role offers a unique opportunity to contribute to the bank’s strategic objectives while gaining exposure to complex risk environments in a fast‑growing market.
Key Responsibilities
- Conduct comprehensive risk assessments for credit, market, operational, and liquidity risks.
- Develop and maintain risk models, dashboards, and reporting tools to monitor risk indicators.
- Collaborate with business units to embed risk controls into product development and transaction processes.
- Prepare risk analysis reports and present findings to senior management and the Risk Committee.
- Ensure compliance with Central Bank of Kenya regulations and internal risk policies.
- Participate in stress testing and scenario analysis to evaluate potential impacts on the bank’s portfolio.
- Support the implementation of enterprise risk management (ERM) frameworks and continuous improvement initiatives.
Required Skills
- Strong analytical and quantitative skills with proficiency in statistical software (e.g., SAS, R, Python).
- In‑depth knowledge of banking risk concepts, regulatory requirements, and Basel III standards.
- Excellent communication skills to convey complex risk information to non‑technical stakeholders.
- Ability to work independently and as part of cross‑functional teams.
- Attention to detail and strong problem‑solving capabilities.
- Proficiency in Microsoft Office Suite, especially Excel for data analysis.
Education
The successful candidate must hold a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline. Professional certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager) are highly desirable and will be considered an advantage during the selection process.
Experience
A minimum of five years of experience in risk analysis, preferably within a banking or financial services environment, is required. Candidates with prior exposure to emerging market risk dynamics, credit risk assessment, and regulatory compliance will be given priority.
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 total remuneration package.
Benefits
- Comprehensive health insurance covering medical, dental, and vision.
- Retirement savings plan with employer contributions.
- Paid annual leave, sick leave, and public holidays.
- Professional development allowance for certifications and training.
- Employee assistance program and wellness initiatives.
Training
- Onboarding program covering bank policies, risk frameworks, and compliance standards.
- Continuous learning opportunities through internal workshops, webinars, and external courses.
- Mentorship from senior risk officers and access to a global knowledge network.
Working Environment
Standard Chartered Bank Kenya offers a modern, collaborative workspace in Kitui equipped with state‑of‑the‑art technology and flexible work arrangements. The bank promotes a culture of inclusion, where diverse perspectives are valued, and employees are encouraged to innovate and take ownership of their projects. Employees benefit from a supportive leadership team that prioritizes work‑life balance and employee well‑being.
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 more information about the application steps, please visit the following link:
https://sierraleonejobsearch.com/
Additional resources and career guidance can be found at:
https://botswanajobsearch.com/
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. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. Join us and be part of a team that drives positive change across Kenya and beyond.
