Credit Risk Officer Job Vacancy in Mafeteng, Lesotho – Banking & Finance

Job Description

Position: Credit Risk Officer

Company: Standard Bank Lesotho

Location: Mafeteng, Lesotho

Experience: 3-5 years in credit risk analysis or related finance roles

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 250,000 – SSP 350,000 per month

Vacancies:1

Company Overview

Standard Bank Lesotho is a leading financial institution delivering innovative banking solutions across the Kingdom of Lesotho. With a strong commitment to economic development, the bank supports individuals, SMEs, and large corporations through a comprehensive suite of products and services. As part of the Standard Bank Group, it leverages regional expertise and global best practices to foster financial inclusion and sustainable growth. The bank’s presence in Mafeteng strengthens its outreach to the southern districts, creating valuable Career Opportunities in Lesotho for finance professionals seeking dynamic roles.

Standard Bank Lesotho prides itself on a culture of integrity, collaboration, and continuous learning. Employees benefit from a supportive environment that encourages professional advancement and community impact. The institution’s dedication to responsible banking aligns with national development goals, making it a preferred employer for those passionate about shaping the future of Employment in Lesotho.

Job Overview

The Credit Risk Officer will play a pivotal role in assessing, monitoring, and managing credit risk across the bank’s portfolio. This position involves rigorous analysis of loan applications, ongoing borrower performance, and market trends to ensure sound risk mitigation strategies. The successful candidate will collaborate closely with relationship managers, senior risk officers, and compliance teams to uphold the bank’s risk appetite and regulatory standards. For more information about the organization and other openings, visit Lesotho Job Search, a trusted portal for Jobs in Lesotho.

Key Responsibilities

• Conduct comprehensive credit assessments for corporate, SME, and retail loan proposals.
• Prepare detailed risk rating reports and present findings to senior management.
• Monitor existing credit exposures, identify early warning signals, and recommend corrective actions.
• Collaborate with underwriting teams to develop risk‑adjusted pricing models.
• Ensure compliance with Basel III guidelines and local regulatory requirements.
• Maintain accurate credit documentation and update the bank’s risk management system.
• Contribute to the development of credit policies, procedures, and risk frameworks.

Required Skills

• Strong analytical and quantitative abilities with proficiency in financial modeling.
• Excellent understanding of credit risk principles, loan structuring, and risk mitigation techniques.
• Effective communication skills for presenting complex risk analyses to diverse stakeholders.
• Proficiency in risk management software and MS Office, especially Excel.
• Attention to detail and ability to work under tight deadlines.
• High ethical standards and commitment to confidentiality.

Education

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

Experience

Applicants should possess 3 to 5 years of hands‑on experience in credit risk analysis, loan underwriting, or a similar finance role. Experience within a banking environment, particularly in emerging markets, will be highly valued.

Salary

The role offers a competitive salary range of SSP 250,000 to SSP 350,000 per month, commensurate with experience and qualifications. Performance‑based incentives and annual bonuses are part of the total compensation package.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Paid annual leave and statutory holidays.
• Employee assistance program and wellness initiatives.
• Transportation allowance for commuting to the Mafeteng office.

Training

• On‑boarding program covering bank policies, risk frameworks, and systems.
• Continuous professional development workshops and access to e‑learning platforms.
• Opportunities to attend regional risk management conferences and seminars.

Working Environment

The Mafeteng branch offers a modern, collaborative workspace equipped with the latest technology. The team culture emphasizes teamwork, mentorship, and a shared commitment to delivering exceptional banking services while fostering personal growth.

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 Standard Bank Lesotho careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. Please ensure all documents are in PDF format.

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, disability, religion, or sexual orientation. Our hiring practices reflect our dedication to fairness and meritocracy, supporting the broader goal of inclusive Hiring in Lesotho.