Risk Management Analyst Job Vacancy in Dakar, Senegal – Banking & Finance

Job Description

Position: Risk Management Analyst

Company: Ecobank Senegal

Location: Dakar, Senegal

Experience: 3-5 years in risk analysis, financial services, or banking

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

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: 1,200,000 – 2,000,000 SSP per month

Vacancies:1

Company Overview

Ecobank Senegal is a leading pan‑African bank with a strong presence across the continent, offering a comprehensive range of retail, corporate, and investment banking services. As part of the Ecobank Group, the bank operates in over 30 African countries, providing innovative financial solutions that drive economic growth and inclusion. In Senegal, Ecobank has built a reputation for reliability, customer‑centricity, and a commitment to digital transformation. The bank’s robust risk culture, advanced analytics capabilities, and dedication to sustainable finance make it an attractive employer for professionals seeking to advance their careers in a dynamic, forward‑looking environment. Joining Ecobank Senegal means contributing to a mission that supports businesses, individuals, and communities throughout Senegal and beyond, while gaining exposure to regional and international best practices.

Job Overview

The Risk Management Analyst will play a pivotal role in strengthening Ecobank Senegal’s risk framework by identifying, assessing, and monitoring credit, market, and operational risks. Reporting to the Head of Risk Management, the analyst will collaborate with business units, provide insightful risk reports, and support the development of risk mitigation strategies. This position offers a unique opportunity to work within a high‑performing team, leveraging cutting‑edge risk management tools and contributing to the bank’s strategic objectives. The role is central to ensuring compliance with regulatory standards, enhancing risk awareness across the organization, and supporting the bank’s growth agenda in a rapidly evolving financial landscape. Candidates will be part of a culture that values analytical rigor, ethical standards, and continuous learning, making this an ideal platform for career advancement in the banking sector.

Key Responsibilities

• Conduct comprehensive risk assessments for new and existing loan portfolios, including credit scoring, stress testing, and scenario analysis.
• Monitor daily risk indicators, generate risk dashboards, and present findings to senior management and the Risk Committee.
• Collaborate with the Credit, Treasury, and Operations teams to ensure risk considerations are embedded in product development and transaction processing.
• Prepare regulatory risk reports in line with Central Bank of West African States (BCEAO) guidelines and internal policies.
• Assist in the development and maintenance of the bank’s risk appetite framework and risk limits.
• Analyze market trends, macro‑economic data, and geopolitical events that could impact the bank’s risk profile.
• Support the implementation of risk mitigation measures, including collateral management, hedging strategies, and policy revisions.
• Participate in internal audits and external examinations, providing necessary documentation and explanations.

Required Skills

• Strong analytical and quantitative abilities with proficiency in statistical software (e.g., SAS, R, Python) and advanced Excel.
• In‑depth knowledge of credit risk assessment methodologies, Basel III standards, and local regulatory requirements.
• Excellent communication skills, capable of translating complex risk concepts into clear, actionable insights for non‑technical stakeholders.
• Attention to detail, high level of accuracy, and ability to work under tight deadlines.
• Team‑oriented mindset with the capacity to collaborate across functions and influence decision‑making.

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 considered a strong advantage.

Experience

Applicants should have 3‑5 years of proven experience in risk analysis, credit assessment, or related roles within a banking or financial services environment. Experience with risk management software and exposure to regulatory reporting in the West African banking sector will be highly valued.

Salary

The compensation package ranges from 1,200,000 to 2,000,000 SSP per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a retirement savings plan.

Benefits

• Competitive health and life insurance coverage.
• Annual performance bonus linked to individual and bank performance.
• Retirement savings scheme with employer contributions.
• Generous paid leave, including vacation, sick leave, and public holidays.
• Employee assistance program and wellness initiatives.

Training

• Access to Ecobank’s regional learning platform offering courses in risk management, compliance, and digital banking.
• Support for professional certifications such as FRM, CFA, or local risk management qualifications.
• Mentorship program pairing analysts with senior risk leaders.
• Regular workshops on emerging risks, regulatory updates, and industry best practices.

Working Environment

Ecobank Senegal provides a modern, collaborative workspace located in the heart of Dakar’s business district. The bank promotes a culture of innovation, diversity, and inclusion, encouraging employees to share ideas and drive continuous improvement. Flexible working arrangements, including remote work options for certain tasks, are available to support work‑life balance.

Application Process

Interested candidates are invited to submit their application through the official Ecobank careers portal. Please include a tailored CV and a cover letter highlighting your relevant experience and motivation for the role. For more information about the application steps, visit https://senegaljobsearch.com/. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Ecobank 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, religion, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.