Credit Risk Analyst Job Vacancy in Mafeteng, Lesotho – Banking

Job Description

Position: Credit Risk Analyst

Company: Standard Bank Lesotho

Location: Mafeteng, Lesotho

Experience: 3-5 years in credit risk analysis

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

Employment Type: Full-time

Industry: Banking

Department: Risk Management

Salary: SSP 150,000 – SSP 250,000 per annum

Vacancies:1

Company Overview

Standard Bank Lesotho, part of the pan‑African Standard Bank Group, has been a leading financial institution in Lesotho for more than thirty years. The bank offers retail, corporate and investment services, supporting individuals and businesses across the country. With a strong focus on integrity, customer service and digital innovation, Standard Bank Lesotho contributes to economic development and financial inclusion, making it a prominent name in the Lesotho Jobs market.

Job Overview

The Credit Risk Analyst will work in the Risk Management Department to evaluate credit proposals, monitor portfolio performance and develop risk models. Reporting to the Head of Credit Risk, the analyst will provide insights that help the bank maintain a sound risk profile while supporting growth. This role offers exposure to a variety of sectors and the chance to influence lending decisions in a dynamic environment, aligning with career opportunities in Lesotho.

Key Responsibilities

• Analyse corporate and SME loan applications, including financial statements and cash‑flow projections.
• Develop and maintain quantitative models to estimate default probabilities.
• Prepare risk reports and present findings to senior management.
• Monitor existing loan portfolios and identify emerging risk trends.
• Conduct stress testing and scenario analysis for macro‑economic impacts.

Required Skills

• Strong analytical abilities with proficiency in Excel and statistical tools (R, Python).
• Excellent written and verbal communication for presenting risk insights.
• Attention to detail and rigorous data validation.
• Ability to work independently and collaborate across functions.
• Knowledge of Lesotho’s economic environment and banking regulations.

Education

A Bachelor’s degree in Finance, Economics, Accounting, Business Administration or a related field is required. A Master’s degree or professional certification (CFA, FRM) is a plus.

Experience

Three to five years of hands‑on credit risk analysis experience in a banking or financial services setting is essential. Experience with credit scoring, portfolio monitoring and regulatory reporting is preferred.

Salary

The role offers a competitive annual salary ranging from SSP 150,000 to SSP 250,000, plus performance‑based incentives.

Benefits

• Comprehensive health insurance covering medical and dental care.
• Retirement savings plan with employer contributions.
• Paid annual leave and public holidays in line with Lesotho labour law.
• Professional development allowance for certifications.
• Employee wellness programs.

Training

• Structured onboarding covering bank policies and risk frameworks.
• Ongoing workshops, seminars and e‑learning resources.
• Mentorship from senior risk officers.

Working Environment

Standard Bank Lesotho provides a collaborative, inclusive workplace with modern facilities in Mafeteng. Employees benefit from a culture that values innovation, ethical conduct and community involvement.

Application Process

Submit your resume, cover letter and academic certificates through the official careers portal at https://lesothojobsearch.com/. Shortlisted candidates will undergo a technical assessment followed by a competency interview.

Equal Opportunity Statement

Standard Bank Lesotho is an equal opportunity employer. We welcome applications from all qualified individuals regardless of gender, race, religion, age, disability or sexual orientation, fostering a diverse and supportive work environment.