Senior Financial Risk Manager Job Vacancy in Barentu, Eritrea – Banking and Financial Services

Job Description

Position: Senior Financial Risk Manager

Company: Standard Chartered Bank

Location: Barentu, Eritrea

Experience: 7+ years

Education: Master’s Degree in Finance, Economics, or related field

Employment Type: Full-time

Industry: Banking and Financial Services

Department: Risk Management

Salary: 45,000 – 75,000 SSP

Vacancies: 1

Company Overview

Standard Chartered Bank is a leading international banking group that operates across many of the world’s most correspondent markets. With a history spanning over 150 years, we pride ourselves on being a forward-thinking institution that drives growth and stability in the markets we serve. Our presence in Africa is significant, and we are committed to fostering economic development through sustainable banking practices. We provide a wide range of financial services to retail, corporate, and institutional clients, ensuring that we remain at the forefront of the global financial landscape. As part of our mission to drive prosperity through connections, we offer diverse career opportunities in Eritrea for professionals who are passionate about excellence and integrity.

We believe in creating a culture of inclusion where every employee can thrive. By joining our team, you become part of a global network of experts dedicated to helping our clients navigate complex financial environments. We are currently hiring in Eritrea to expand our specialized risk management capabilities to better serve our growing client base in the region.

Job Overview

The Senior Financial Risk Manager will play a critical role in safeguarding the bank’s assets and ensuring regulatory compliance within the local market. This position involves identifying, assessing, and mitigating various financial risks, including credit, market, and liquidity risks. You will work closely with senior leadership to develop robust risk management frameworks and implement strategies that align with our global standards. This is a high-impact role that requires a deep understanding of the local economic landscape and international banking regulations. For those looking for meaningful employment in Eritrea, this role offers a platform to influence strategic decision-making at a high level.

Interested candidates can find more information about global openings at https://eritreajobsearch.com.

Key Responsibilities

• Develop and implement comprehensive risk management strategies to mitigate financial volatility.
• Conduct regular stress testing and scenario analysis to evaluate the impact of market changes.
• Monitor credit exposure and ensure compliance with internal risk appetite and external regulatory requirements.
• Collaborate with business units to integrate risk assessment into product development and lending processes.
• Prepare detailed risk reports for the Board of Directors and regulatory authorities.
• Identify emerging trends in the financial sector that could pose risks to the bank’s operations.

Required Skills

• Advanced proficiency in quantitative risk modeling and statistical analysis.
• In-depth knowledge of Basel III and other international banking regulatory frameworks.
• Strong leadership skills with the ability to manage complex stakeholder relationships.
• Exceptional analytical thinking and problem-solving capabilities.
• High level of integrity and commitment to ethical banking standards.

Education

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

Experience

Candidates must possess a minimum of 7 years of experience in financial risk management, preferably within a large-scale commercial or investment banking environment. Proven experience in managing credit risk and liquidity risk in emerging markets is essential for success in this role.

Salary

The offered salary for this position ranges from 45,000 SSP to 75,000 SSP per month, depending on the candidate’s experience and qualifications. This competitive package reflects the seniority and specialized nature of the role.

Benefits

• Comprehensive health and life insurance coverage.
• Performance-based annual bonuses.
• Generous paid time off and parental leave.
• Access to global professional development programs.
• Retirement savings plan contributions.

Explore more career paths at https://kenyajabsearch.com/.

Training

• Continuous professional development through internal banking academies.
• Access to advanced risk management software training.
• Leadership development programs for senior management.
• Global certification support for relevant financial designations.

Working Environment

The working environment is professional, fast-paced, and highly collaborative. You will be working in a modern office setting in Barentu, interacting with a diverse team of financial experts. We promote a culture of continuous learning and encourage employees to stay updated with the latest financial technologies and regulatory changes.

Application Process

To apply for this job vacancy in Eritrea, please submit your updated CV and a cover letter detailing your relevant experience through our official recruitment portal. We are looking for candidates who demonstrate a strong alignment with our core values of being connected, dependable, and sustainable. Please note that only shortlisted candidates will be contacted for interviews.

For more international job listings, visit https://tunisiajobsearch.com.

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.