Risk Management Analyst Job Vacancy in Mombasa, Kenya – Banking & Finance

Job Description

Position:Risk Management Analyst

Company:Standard Chartered Bank Kenya

Location:Mombasa, Kenya

Experience:3-5 years in risk analysis, financial services, or related roles

Education:Bachelor’s degree in Finance, Economics, or a related discipline

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

Salary:SSP 120,000 – 180,000 per month

Vacancies:1

Company Overview

Standard Chartered Bank Kenya is a leading international bank with a strong presence across the African continent. Established over a century ago, the bank offers a comprehensive suite of financial services, including retail banking, corporate banking, wealth management, and trade finance. With a commitment to sustainable growth, innovation, and community development, Standard Chartered Kenya has consistently been recognized as an employer of choice. The bank’s Mombasa branch serves a dynamic coastal market, supporting trade, tourism, and local enterprises. As part of its strategic expansion, Standard Chartered Kenya continues to invest in talent, technology, and risk management frameworks to ensure resilient operations and superior customer experiences. This role contributes directly to the bank’s mission of driving inclusive economic growth while maintaining the highest standards of governance and risk oversight. Candidates joining the team will be part of a collaborative environment that values diversity, professional development, and ethical conduct, making it an ideal platform for ambitious finance professionals seeking long‑term career growth in Kenya.

Job Overview

The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial and operational risks across the bank’s Mombasa operations. Reporting to the Head of Risk Management, the analyst will work closely with credit, treasury, compliance, and business units to develop robust risk models, conduct stress testing, and produce insightful risk reports for senior management. This position offers a unique opportunity to influence risk policy, enhance analytical capabilities, and support strategic decision‑making in a fast‑growing market. For more information about Standard Chartered’s career opportunities, visit https://kenyajobsearch.com/. The role is integral to ensuring that Standard Chartered Kenya remains a trusted partner for customers, regulators, and shareholders, reinforcing its reputation as a leader in Kenya Jobs and broader Jobs in Kenya markets.

Key Responsibilities

• Conduct quantitative risk assessments for credit, market, and operational exposures specific to the Mombasa region.
• Develop and maintain risk models, dashboards, and reporting tools to support senior management decision‑making.
• Perform regular stress‑testing scenarios and sensitivity analyses to evaluate potential impacts of economic shocks.
• Collaborate with business units to embed risk‑aware practices into product development and daily operations.
• Prepare comprehensive risk reports, including risk‑adjusted performance metrics, for internal and regulatory review.
• Monitor emerging risk trends, regulatory changes, and industry best practices, recommending proactive mitigation strategies.
• Assist in the implementation of the bank’s Enterprise Risk Management (ERM) framework and ensure compliance with local and international standards.
• Support internal audit and external regulatory examinations by providing required documentation and analysis.

Required Skills

• Strong analytical and quantitative skills with proficiency in statistical software (e.g., SAS, R, Python) and advanced Excel.
• In‑depth understanding of banking risk categories, including credit, market, liquidity, and operational risk.
• Excellent written and verbal communication skills for preparing clear risk reports and presenting findings to senior stakeholders.
• Ability to work independently and as part of cross‑functional teams in a fast‑paced environment.
• Attention to detail, critical thinking, and problem‑solving orientation.
• Knowledge of Kenyan regulatory environment (CBK, SASRA) and international standards such as Basel III.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, Statistics, or a related field is required. Professional certifications such as FRM (Financial Risk Manager) or CFA are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants should have 3‑5 years of relevant experience in risk analysis, credit risk, market risk, or a similar function within a banking or financial services institution. Experience with risk modeling, data analytics, and regulatory reporting is essential.

Salary

The successful candidate will receive a competitive monthly salary ranging from SSP 120,000 to SSP 180,000, commensurate with experience and qualifications. Performance‑based bonuses and other incentives may be offered in line with the bank’s remuneration policy.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Annual leave and paid public holidays in accordance with Kenyan labor law.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance standards.
• Continuous learning opportunities through internal workshops, webinars, and external courses.
• Mentorship from senior risk leaders to accelerate career progression.

Working Environment

Standard Chartered Bank Kenya offers a modern, inclusive workplace located in the heart of Mombasa’s business district. The office is equipped with state‑of‑the‑art technology, collaborative spaces, and a supportive culture that encourages innovation and knowledge sharing. Employees benefit from flexible working arrangements, a strong emphasis on work‑life balance, and a diverse team representing various backgrounds and perspectives.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online application portal on the Standard Chartered Careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview followed by technical assessments and final panel interviews.

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, race, religion, age, disability, or sexual orientation. Our recruitment practices are designed to ensure fairness and transparency, providing equal access to career opportunities for all qualified applicants.