Credit Risk Analyst Job Vacancy in Dakar, Senegal – Banking
Job Description
Position: Credit Risk Analyst
Company: Société Générale Senegal
Location: Dakar, Senegal
Experience: 3-5 years in credit risk analysis
Education: Bachelor’s degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Banking
Department: Risk Management
Salary: 1,800,000 – 2,500,000 SSP per month
Vacancies:1
Company Overview
Société Générale Senegal, a subsidiary of the global banking leader Société Générale, has been a cornerstone of the Senegalese financial sector for over three decades. Operating from its headquarters in Dakar, the bank provides a comprehensive range of retail, corporate, and investment banking services across the nation. With a strong commitment to innovation, sustainability, and inclusive growth, Société Générale Senegal is recognized for its robust risk management framework and its dedication to supporting economic development in West Africa. As a leading employer, the bank offers dynamic career pathways, fostering a culture of excellence, collaboration, and continuous learning. This reputation makes it a top destination for professionals seeking rewarding careers in the banking industry, contributing to the broader narrative of Senegal Jobs and Career Opportunities in Senegal.
Job Overview
The Credit Risk Analyst will join the Risk Management Department to evaluate credit proposals, monitor portfolio performance, and ensure compliance with regulatory standards. Reporting to the Senior Credit Risk Manager, the analyst will play a pivotal role in safeguarding the bank’s asset quality while supporting business growth. This position offers a unique opportunity to work within a leading financial institution, contributing to strategic decision‑making and gaining exposure to a diverse range of credit products. For more information about our recruitment process, visit our partner portal at https://senegaljobsearch.com/. The role is integral to our mission of delivering reliable financial services and aligns with the growing demand for Jobs in Senegal within the banking sector.
Key Responsibilities
- Analyze credit applications, financial statements, and market data to assess borrower creditworthiness.
- Prepare detailed credit risk reports and present findings to senior management.
- Monitor existing loan portfolios, identify early warning signals, and recommend corrective actions.
- Ensure adherence to local and international regulatory requirements, including Basel III standards.
- Collaborate with relationship managers to structure credit facilities that balance risk and profitability.
- Maintain and update credit risk models and databases to reflect evolving market conditions.
- Participate in stress‑testing exercises and contribute to the development of risk mitigation strategies.
Required Skills
- Strong analytical and quantitative abilities with proficiency in Excel, VBA, and statistical software.
- In‑depth knowledge of credit risk assessment methodologies and banking regulations.
- Excellent written and verbal communication skills in French and English.
- Ability to work independently and as part of a cross‑functional team.
- Attention to detail and strong problem‑solving capabilities.
- Proficiency in risk management systems such as Moody’s Analytics or SAS.
Education
A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates holding professional certifications such as CFA, FRM, or equivalent are highly regarded and may receive preferential consideration.
Experience
The ideal candidate will have 3 to 5 years of hands‑on experience in credit analysis, risk assessment, or a similar role within a reputable banking or financial institution. Experience with corporate lending, SME credit, or structured finance will be advantageous.
Salary
The compensation package ranges from 1,800,000 to 2,500,000 SSP per month, commensurate with experience and qualifications. In addition to the base salary, performance‑based bonuses and other incentives are offered to recognize exceptional contributions.
Benefits
- Comprehensive health insurance covering medical, dental, and vision care.
- Retirement savings plan with employer matching contributions.
- Paid annual leave, sick leave, and public holidays in line with Senegalese labor law.
- Employee assistance program and wellness initiatives.
- Transportation allowance for commuting within Dakar.
Training
- Onboarding program covering bank policies, risk frameworks, and compliance standards.
- Continuous professional development courses, including advanced credit risk modeling.
- Access to internal and external certification programs such as CFA and FRM.
- Mentorship opportunities with senior risk managers.
Working Environment
Société Générale Senegal offers a modern, collaborative workspace located in the heart of Dakar’s business district. Employees benefit from state‑of‑the‑art technology, flexible working arrangements, and a culture that values diversity, innovation, and ethical conduct. The bank promotes a balanced work‑life environment, encouraging staff to engage in community outreach and sustainability initiatives.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online application portal on our website. Applications will be screened by the Talent Acquisition team, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment. The recruitment timeline typically spans four to six weeks from submission to final offer.
Equal Opportunity Statement
Société Générale Senegal is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, age, disability, ethnicity, religion, or sexual orientation. Our recruitment practices are designed to ensure fairness and transparency, supporting the broader goal of fostering Employment in Senegal and contributing to the nation’s economic prosperity.
