Credit Risk Analyst Job Vacancy in Manzini, Eswatini – Banking

Job Description

Position: Credit Risk Analyst

Company: Standard Bank Eswatini

Location: Manzini, Eswatini

Experience: 3-5 years in credit risk assessment, preferably within banking or financial services.

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

Employment Type: Full-time

Industry: Banking

Department: Credit Risk Management

Salary: SSP 250,000 – SSP 350,000 per month

Vacancies:1

Company Overview

Standard Bank Eswatini, a subsidiary of the pan‑African Standard Bank Group, has been a cornerstone of the nation’s financial landscape for over three decades. With a commitment to fostering economic growth, the bank offers a comprehensive suite of retail, corporate, and investment banking services across Eswatini. Its presence in Manzini serves as a strategic hub for serving both urban and rural clients, reinforcing the bank’s role in driving financial inclusion and sustainable development. As a leading employer, Standard Bank Eswatini is dedicated to nurturing talent, promoting diversity, and delivering innovative solutions that align with the evolving needs of the market. The bank’s robust risk management framework underpins its reputation for stability and trust, making it an attractive destination for professionals seeking rewarding career opportunities in Eswatini.

Job Overview

The Credit Risk Analyst will join the Credit Risk Management department to support the bank’s mission of delivering responsible lending while safeguarding asset quality. This role involves conducting thorough credit assessments, monitoring portfolio performance, and providing actionable insights to senior management. The analyst will collaborate with relationship managers, underwriting teams, and compliance officers to ensure that credit decisions adhere to regulatory standards and internal policies. By leveraging advanced analytical tools and industry best practices, the successful candidate will contribute to the bank’s strategic objectives and reinforce its position as a trusted financial partner in Eswatini. For more information about the organization, visit https://eswatinijobsearch.com/.

Key Responsibilities

• Perform detailed credit risk assessments for corporate and SME loan applications, including financial statement analysis, cash flow modeling, and industry benchmarking.
• Prepare comprehensive credit memoranda and risk rating recommendations for presentation to the Credit Committee.
• Monitor existing loan portfolios, identify early warning signals, and recommend mitigation strategies to senior management.
• Collaborate with relationship managers to structure loan terms that balance client needs with risk appetite.
• Maintain and enhance credit risk models, ensuring they reflect current market conditions and regulatory expectations.
• Assist in the development of credit policies, procedures, and risk appetite frameworks.
• Produce regular risk reports and dashboards for internal stakeholders and regulatory bodies.
• Stay abreast of macro‑economic trends, industry developments, and regulatory changes affecting credit risk in Eswatini.

Required Skills

• Strong analytical and quantitative abilities with proficiency in financial analysis and modeling.
• Excellent written and verbal communication skills for preparing clear credit reports.
• Proficiency in MS Excel; experience with credit risk software (e.g., Moody’s Analytics, SAS) is a plus.
• Ability to work independently and as part of a cross‑functional team.
• Attention to detail and a high level of accuracy in data interpretation.
• Understanding of Eswatini’s regulatory environment and banking standards.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, Accounting, or a related discipline is required. Professional certifications such as CFA, FRM, or equivalent are advantageous but not mandatory.

Experience

Applicants should have 3‑5 years of relevant experience in credit risk analysis, underwriting, or financial analysis within a banking or financial services environment. Experience with SME and corporate lending in emerging markets is highly valued.

Salary

The position offers a competitive salary range of SSP 250,000 to SSP 350,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the total 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.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.
• Opportunities for career progression within the Standard Bank Group.

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance.
• Continuous learning modules on credit risk modeling, regulatory updates, and industry trends.
• Mentorship from senior risk officers and access to internal knowledge repositories.
• External workshops and conferences sponsored by the bank.

Working Environment

Standard Bank Eswatini offers a collaborative and inclusive workplace located in the heart of Manzini’s business district. The office is equipped with modern technology, flexible work arrangements, and a culture that encourages innovation and professional growth. Employees benefit from a supportive leadership team that values transparency, ethical conduct, and 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 on the bank’s 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 Bank Eswatini 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, supporting the principle of merit‑based hiring.