Risk Management Analyst Job Vacancy in Garowe, Somalia – Financial Services

Job Description

Position: Risk Management Analyst

Company: Standard Chartered Bank

Location: Garowe, Somalia

Experience: 2-4 years

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

Employment Type: Full-time

Industry: Financial Services

Department: Risk Management

Salary: SSP 1,500,000 – SSP 2,500,000 per month

Vacancies:1

Company Overview

Standard Chartered Bank is a global banking group with a strong footprint in Africa and the Middle East. In Somalia, the bank offers corporate and retail services, focusing on financial inclusion and sustainable growth. The organization values innovation, ethical conduct, and community development, providing a dynamic environment for professionals seeking to advance their careers in the Somali financial sector.

Job Overview

The Risk Management Analyst will support the Risk Management Department by monitoring credit, market, and operational risks for the Garowe branch. This role involves preparing risk reports, assisting in policy development, and collaborating with Treasury and Credit teams to ensure compliance with Basel III and local regulations. The position offers exposure to international banking standards while contributing to Somalia’s economic development.

For more information, visit Somalia Job Search.

Key Responsibilities

• Monitor daily risk indicators and flag potential issues.
• Prepare concise risk assessment reports for senior management.
• Assist in updating risk policies to meet regulatory standards.
• Collaborate with Treasury and Credit teams on risk‑related analyses.
• Support internal audit by providing required documentation.

Required Skills

• Strong analytical abilities with proficiency in Excel and data‑analysis tools.
• Knowledge of credit, market, and operational risk concepts.
• Excellent written and verbal communication in English.
• Detail‑oriented with the ability to meet tight deadlines.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required. Professional certifications such as FRM or CFA are a plus.

Experience

2‑4 years of experience in risk analysis, credit assessment, or a similar role within banking or financial services.

Salary

The role offers a competitive salary of SSP 1,500,000 to SSP 2,500,000 per month, with performance‑based bonuses and annual reviews.

Benefits

• Comprehensive health insurance covering medical and dental care.
• Retirement savings plan with employer contributions.
• Paid annual leave in line with Somali labor law.
• Professional development allowance for certifications and training.

Training

• Structured onboarding covering risk frameworks and compliance standards.
• Ongoing workshops on advanced risk analytics and Basel regulations.

Working Environment

The Garowe office provides a modern, secure workspace equipped with advanced technology and collaborative areas. The bank promotes a multicultural, inclusive culture that values diversity, innovation, and work‑life balance.

Application Process

Submit your application through the Standard Chartered careers portal. The process includes an online form, a technical assessment, and two interview stages with the Risk Management team and senior leadership. Applications are reviewed on a rolling basis.

Equal Opportunity Statement

Standard Chartered Bank is an equal opportunity employer. We celebrate diversity and are committed to an inclusive environment for all employees, regardless of gender, race, religion, or background. All qualified applicants will receive consideration for employment without discrimination.