Job Description
Position:Risk Analytics Manager
Company:Standard Chartered Bank
Location:Butha-Buthe, Lesotho
Experience:5+ years in risk analytics, preferably in banking
Education:Bachelor’s degree in Finance, Economics, Statistics or related field; Master’s preferred
Employment Type:Full-time
Industry:Banking & Finance
Department:Risk Management
Salary:SSP 350,000 – 500,000 per month
Vacancies:1
Company Overview
Standard Chartered Bank is a leading international banking group with a strong presence across Africa, including Lesotho. The bank is committed to driving sustainable economic growth, fostering financial inclusion, and delivering innovative banking solutions to individuals and businesses. With a reputation for excellence and a focus on responsible banking, Standard Chartered offers a dynamic environment for professionals seeking to make a meaningful impact in the financial sector. As part of its expansion strategy, the bank continues to invest in talent that can enhance its risk management capabilities, ensuring stability and confidence for its customers and shareholders.
Joining Standard Chartered in Lesotho means becoming part of a global network that values diversity, integrity, and continuous learning. The Butha-Buthe branch serves a vibrant community of retail and corporate clients, providing a range of services from personal banking to corporate finance. This role offers a unique opportunity to contribute to the bank’s mission while advancing your career in a supportive and forward‑looking organization.
Job Overview
The Risk Analytics Manager will lead the development and implementation of advanced risk models and analytical frameworks to support the bank’s credit, market, and operational risk functions. Reporting to the Head of Risk Management, you will collaborate with cross‑functional teams to identify emerging risks, enhance risk reporting, and ensure compliance with regulatory standards. This position plays a critical role in safeguarding the bank’s assets and reputation, while also providing strategic insights that drive business decisions. For more information about our career opportunities, visit Lesotho Job Search.
Key Responsibilities
- Design, develop, and maintain quantitative risk models for credit, market, and operational risk.
- Conduct stress testing and scenario analysis to evaluate the impact of economic and market changes on the loan portfolio.
- Prepare comprehensive risk reports and dashboards for senior management and regulatory bodies.
- Collaborate with business units to embed risk analytics into product development and pricing strategies.
- Monitor model performance, validate assumptions, and implement model enhancements as needed.
- Lead a team of analysts, providing mentorship, training, and performance feedback.
- Stay abreast of local and international regulatory requirements, ensuring full compliance.
- Promote a culture of data‑driven decision making across the organization.
Required Skills
- Strong proficiency in statistical programming languages such as R, Python, or SAS.
- Advanced knowledge of SQL and data manipulation techniques.
- Experience with risk modeling frameworks (e.g., Basel III, IFRS 9).
- Excellent analytical and problem‑solving abilities.
- Effective communication skills to translate complex analyses into clear business insights.
- Leadership experience with the ability to motivate and develop junior staff.
- Attention to detail and a high degree of accuracy in quantitative work.
- Ability to work independently and manage multiple priorities in a fast‑paced environment.
Education
A minimum of a bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related discipline is required. A master’s degree or professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly desirable and will be considered an advantage.
Experience
Applicants must have at least five years of hands‑on experience in risk analytics, preferably within a banking or financial services setting. Demonstrated experience in developing and validating risk models, as well as a solid understanding of regulatory frameworks, is essential.
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 goals.
Benefits
- Comprehensive health insurance covering medical, dental, and vision.
- Retirement savings plan with employer contributions.
- Paid annual leave and statutory holidays.
- Professional development allowance for certifications and training.
- Employee assistance program and wellness initiatives.
- Flexible working arrangements where applicable.
Training
- On‑boarding program covering bank policies, risk frameworks, and compliance.
- Continuous learning opportunities through internal workshops and external courses.
- Mentorship from senior risk leaders and access to global knowledge resources.
- Regular participation in industry conferences and seminars.
Working Environment
Standard Chartered offers a collaborative and inclusive workplace where innovation is encouraged. The Butha-Buthe office provides modern facilities, reliable IT infrastructure, and a supportive team culture that values work‑life balance. Employees are empowered to share ideas and contribute to the bank’s strategic objectives.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on Lesotho Job Search. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview followed by technical assessments.
Equal Opportunity Statement
Standard Chartered 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, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.