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

Job Description

Position: Risk Management Analyst

Company: Equity Bank

Location: Mombasa, Kenya

Experience: 3-5 years

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

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

Vacancies:1

Company Overview

Equity Bank is a leading financial institution in Kenya with a strong presence across East Africa. Established over three decades ago, the bank has built a reputation for innovative banking solutions, inclusive finance, and community development. With a commitment to digital transformation and sustainable growth, Equity Bank offers a dynamic environment where talent thrives. As part of its expansion strategy, the bank continues to create Kenya Jobs that support economic empowerment and career advancement. The Mombasa branch serves a vibrant coastal market, providing retail, corporate, and SME banking services to a diverse client base.

Job Overview

The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial risks across the bank’s operations in Mombasa. Reporting to the Head of Risk Management, the analyst will collaborate with credit, treasury, and compliance teams to ensure robust risk frameworks are applied. This position offers a unique opportunity to contribute to the bank’s risk culture while advancing your professional expertise. For more information about the organization and its values, visit Kenya Job Search. This role is a prime example of Jobs in Kenya that combine analytical rigor with strategic impact.

Key Responsibilities

• Conduct quantitative risk assessments on loan portfolios, market exposures, and operational processes.
• Develop and maintain risk models, dashboards, and reporting tools to support senior management decisions.
• Monitor compliance with regulatory risk limits and internal policies, ensuring timely escalation of breaches.
• Collaborate with credit officers to evaluate borrower risk profiles and recommend risk‑adjusted pricing.
• Analyze emerging risk trends, including cyber‑security and climate‑related financial risks, and propose mitigation strategies.
• Prepare detailed risk analysis reports for internal audit and external regulators.
• Participate in stress‑testing exercises and scenario analysis to gauge portfolio resilience.
• Support the implementation of the bank’s Enterprise Risk Management (ERM) framework across the Mombasa branch.

Required Skills

• Strong analytical and quantitative skills with proficiency in Excel, SQL, and statistical software.
• Excellent understanding of banking products, credit risk, market risk, and operational risk concepts.
• Effective communication skills to present complex risk findings to non‑technical stakeholders.
• Attention to detail and ability to work under tight deadlines.
• Problem‑solving mindset with a proactive approach to risk identification.
• Knowledge of Kenyan banking regulations and Basel III standards.

Education

A minimum of a bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM or CFA are advantageous and demonstrate a commitment to the risk management profession.

Experience

Applicants should have 3 to 5 years of experience in risk analysis, credit assessment, or related roles within the banking or financial services sector. Experience with risk modeling and regulatory reporting is highly valued.

Salary

The successful candidate will receive a competitive salary ranging from SSP 120,000 to SSP 180,000 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 and public holidays.
• Employee assistance program and wellness initiatives.
• Opportunities for career progression and internal mobility.

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance standards.
• Continuous professional development workshops on advanced risk analytics.
• Access to e‑learning platforms for certifications such as FRM, CFA, or AML.
• Mentorship from senior risk managers to accelerate skill growth.

Working Environment

Equity Bank offers a collaborative and inclusive workplace where diversity of thought is encouraged. The Mombasa office features modern workspaces, reliable IT infrastructure, and a culture that values work‑life balance. Employees are empowered to innovate and contribute to the bank’s mission of financial inclusion, making it an attractive destination for talent seeking meaningful Employment in Kenya.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online portal on the bank’s careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. Ensure your application highlights relevant risk management experience and any professional certifications.

Equal Opportunity Statement

Equity Bank 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. Our hiring practices reflect our dedication to fairness and the belief that diverse perspectives drive better business outcomes. This Job Vacancy in Kenya is open to all qualified applicants.