Senior Financial Risk Manager Job Vacancy in Jowhar, Somalia – Banking & Financial Services

Manager
Jowhar
August 9, 2026
Full Time
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Job Description

Position: Senior Financial Risk Manager

Company: Standard Chartered Bank Somalia

Location: Jowhar, Somalia

Experience: 7+ years

Education: Master’s Degree in Finance, Economics, or Mathematics

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: 4,500,000 – 7,500,000 SSP

Vacancies: 1

Company Overview

Standard Chartered Bank is a leading international banking group that operates in many markets around the world, serving a diverse range of customers. In Somalia, we are committed to driving economic growth by providing robust financial solutions that empower businesses and individuals. As part of our global network, we prioritize stability, integrity, and innovation. We are currently looking for high-caliber professionals to join our growing team in Jowhar. This role is critical to our mission of maintaining a secure and resilient financial ecosystem within the region. We offer a dynamic work environment where excellence is rewarded and professional growth is encouraged through continuous learning and global exposure.

Job Overview

The Senior Financial Risk Manager will play a pivotal role in identifying, assessing, and mitigating various financial risks that could impact the bank’s stability and profitability. This position involves complex quantitative modeling, strategic oversight, and close collaboration with senior leadership to ensure compliance with both local and international regulatory standards. As we expand our footprint, finding talent for this job vacancy in Somalia is essential for our long-term success. You will be responsible for developing sophisticated risk frameworks and providing actionable insights to the executive board. For more information on available roles, visit https://somaliajobsearch.com.

Key Responsibilities

  • Develop and implement comprehensive risk management strategies to mitigate credit, market, and liquidity risks.
  • Conduct regular stress testing and scenario analysis to evaluate the impact of economic volatility on the bank’s portfolio.
  • Monitor regulatory compliance and ensure all financial activities align with Central Bank of Somalia guidelines.
  • Prepare detailed risk assessment reports for the Board of Directors and senior management.
  • Collaborate with the lending and investment teams to evaluate the risk profile of new financial products.
  • Oversee the integration of new risk management technologies and automated monitoring systems.

Required Skills

  • Advanced proficiency in quantitative risk modeling and statistical analysis software.
  • Deep understanding of international banking regulations (Basel III/IV) and local financial laws.
  • Exceptional analytical thinking and the ability to interpret complex financial data sets.
  • Strong leadership skills with the ability to manage and mentor a team of risk analysts.
  • Excellent communication skills for presenting technical risk data to non-technical stakeholders.

Education

A Master’s degree in Finance, Economics, Mathematics, or a highly quantitative field is mandatory. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are highly preferred and will be considered a significant advantage during the selection process.

Experience

Candidates must possess a minimum of seven years of experience in financial risk management within a commercial banking environment. Proven experience in managing large-scale portfolios and navigating complex regulatory landscapes is essential. We are looking for individuals who have demonstrated success in implementing risk mitigation frameworks in emerging markets. For more career opportunities in Somalia, please check our updated listings regularly.

Salary

The monthly salary for this position ranges from 4,500,000 SSP to 7,500,000 SSP, depending on the candidate’s expertise, qualifications, and previous experience in the banking sector.

Benefits

  • Competitive salary package in SSP.
  • Comprehensive health and life insurance coverage.
  • Performance-based annual bonuses.
  • Generous paid time off and parental leave.
  • Access to international training and development programs.

Training

  • Continuous professional development in advanced financial modeling.
  • Leadership and management training for senior executives.
  • Specialized regulatory compliance workshops.

Working Environment

The working environment is professional, fast-paced, and highly collaborative. You will work in a modern office setting in Jowhar, interacting with diverse teams across different departments. We promote a culture of transparency and accountability. If you are looking for employment in Somalia that offers global standards, this is the place for you. You can also explore similar roles in other regions via https://southafricajobsearch.com/.

Application Process

Interested candidates should submit their updated CV and a cover letter detailing their relevant experience through our official recruitment portal. Please ensure all documentation is accurate and up to date. Shortlisted candidates will be contacted for a series of technical and behavioral interviews. For more international job vacancies, visit https://lesothojobsearch.com/job-vacancy-lesotho/.

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. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, or disability status.

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