Senior Credit Risk Analyst Job Vacancy in Maseru, Lesotho – Banking & Finance

Job Description

Position: Senior Credit Risk Analyst

Company: Standard Bank Lesotho

Location: Maseru, Lesotho

Experience: 5+ years in credit risk analysis, preferably within banking sector

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Credit Risk Management

Salary: SSP 350,000 – SSP 500,000 per month

Vacancies:1

Company Overview

Standard Bank Lesotho is a leading financial institution delivering innovative banking solutions across Southern Africa. With a strong commitment to financial inclusion, the bank supports individuals, SMEs, and large corporations in achieving their economic goals. Operating under the robust standards of the Standard Bank Group, the Lesotho subsidiary combines global expertise with local market insight, fostering sustainable growth and community development. As a top employer, Standard Bank Lesotho offers a dynamic work environment where talent thrives, making it a prime destination for professionals seeking rewarding career opportunities in Lesotho.

For more information about the bank’s mission and values, visit the main portal https://lesothojobsearch.com.

Job Overview

The Senior Credit Risk Analyst will play a pivotal role in safeguarding the bank’s loan portfolio by assessing creditworthiness, monitoring risk indicators, and recommending risk mitigation strategies. This position collaborates closely with relationship managers, underwriting teams, and senior leadership to ensure that credit decisions align with the bank’s risk appetite and regulatory requirements. The role is central to enhancing the bank’s risk culture and contributes directly to the stability of the financial system in Lesotho.

Explore similar opportunities across the region at https://mauritiusjobsearch.com/.

Key Responsibilities

• Conduct comprehensive credit risk assessments for corporate, SME, and retail loan applications.
• Develop and maintain credit risk models, scoring systems, and stress‑testing frameworks.
• Monitor existing loan portfolios, identify early warning signs, and propose corrective actions.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Collaborate with product teams to design risk‑adjusted pricing structures.
• Provide training and mentorship to junior analysts on credit risk methodologies.
• Stay updated on local and international regulatory changes affecting credit risk.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel, SQL, and statistical software (e.g., SAS, R).
• In‑depth knowledge of Basel III, local banking regulations, and credit risk best practices.
• Excellent written and verbal communication skills for report preparation and stakeholder engagement.
• Ability to work independently and as part of cross‑functional teams.
• High attention to detail and strong problem‑solving mindset.

Education

A bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or equivalent are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants must possess a minimum of five years of hands‑on experience in credit risk analysis within a banking environment. Experience in emerging markets, particularly in Southern Africa, will be viewed favorably.

Salary

The compensation package ranges from SSP 350,000 to SSP 500,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses and other incentives aligned with the bank’s risk‑adjusted profitability goals.

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.
• Continuous learning modules on advanced credit modeling and regulatory updates.
• Mentorship from senior risk officers and access to global Standard Bank learning platforms.

Working Environment

Standard Bank Lesotho offers a collaborative office setting in the heart of Maseru’s financial district. The workplace promotes diversity, inclusion, and a culture of continuous improvement. Flexible working arrangements are available to support work‑life balance while maintaining high performance standards.

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 contacted for interviews. For additional guidance on the application steps, refer to https://cameroonjobsearch.com/.

Equal Opportunity Statement

Standard Bank Lesotho 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. All qualified applicants will receive consideration for employment without discrimination.