Risk Management Analyst Job Vacancy in Keren, Eritrea – Banking & Finance

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Job Description

Position:Risk Management Analyst

Company:Eritrean National Bank

Location:Keren, Eritrea

Experience:3-5 years in banking risk analysis

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

Employment Type:Full-time

Industry:Banking & Finance

Department:Risk Management

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

Vacancies:1

Company Overview

Eritrean National Bank is the leading financial institution in Eritrea, offering a comprehensive range of banking services to individuals, businesses, and government entities. With a strong commitment to financial stability, innovation, and customer satisfaction, the bank plays a pivotal role in the nation’s economic development. As part of its strategic growth, the bank continuously invests in talent acquisition, technology upgrades, and risk management frameworks to ensure resilience in a dynamic market. Join a reputable organization that values integrity, professionalism, and community impact while contributing to the broader goals of financial inclusion across Eritrea. For more insights on the banking sector, visit https://gambiajobsearch.com/.

Job Overview

The Risk Management Analyst will support the bank’s risk department by identifying, assessing, and monitoring financial and operational risks. This role involves collaborating with cross‑functional teams to develop risk mitigation strategies, preparing analytical reports, and ensuring compliance with regulatory standards. The analyst will play a critical part in safeguarding the bank’s assets and reputation, directly influencing strategic decision‑making. Candidates will have the opportunity to work in a dynamic environment that encourages continuous learning and professional growth. Explore similar career opportunities at https://eritreajobsearch.com.

Key Responsibilities

  • Conduct quantitative risk assessments for credit, market, and operational exposures.
  • Develop and maintain risk models and dashboards for senior management.
  • Monitor compliance with local and international banking regulations.
  • Prepare detailed risk reports and present findings to the Risk Committee.
  • Collaborate with the Credit and Treasury departments to evaluate risk‑adjusted pricing.
  • Identify emerging risk trends and propose proactive mitigation measures.
  • Assist in the development of the bank’s risk appetite framework.
  • Support internal audit activities related to risk management.

Required Skills

  • Strong analytical and quantitative abilities.
  • Proficiency in statistical software (e.g., SAS, R, Python).
  • Excellent written and verbal communication skills.
  • Knowledge of Basel III and local banking regulations.
  • Attention to detail and high level of accuracy.
  • Ability to work independently and as part of a team.
  • Effective problem‑solving and decision‑making capabilities.
  • Advanced Excel skills, including pivot tables and macros.

Education

A bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) are advantageous and demonstrate a commitment to the field.

Experience

Applicants should have 3‑5 years of hands‑on experience in risk analysis, preferably within a banking or financial services environment. Experience with risk modeling, stress testing, and regulatory reporting is essential.

Salary

The position offers a competitive salary ranging from 150,000 to 250,000 SSP per month, commensurate with experience and qualifications. Performance‑based bonuses may also be considered.

Benefits

  • Comprehensive health insurance coverage.
  • Retirement savings plan with employer contributions.
  • Paid annual leave and public holidays.
  • Professional development allowance.
  • Employee assistance program.
  • Transportation allowance for commuting to Keren office.

Training

  • On‑boarding program covering bank policies and risk frameworks.
  • Continuous training in advanced risk analytics tools.
  • Access to industry conferences and seminars.
  • Mentorship from senior risk managers.
  • Opportunities for certification sponsorship (e.g., FRM, CFA).

Working Environment

The role is based in the modern Keren branch of Eritrean National Bank, featuring a collaborative open‑plan office, secure data rooms, and state‑of‑the‑art technology infrastructure. Employees enjoy a supportive culture that promotes work‑life balance, diversity, and innovation. The bank’s commitment to sustainability and community outreach creates a purposeful workplace. For broader regional job insights, visit https://nigeriajobsearch.com/.

Application Process

Interested candidates should submit an online application through the bank’s career portal, attaching a tailored resume and a cover letter outlining relevant experience. Shortlisted applicants will undergo a two‑stage interview process, including a technical assessment and a behavioral interview with senior management.

Equal Opportunity Statement

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