Risk Management Analyst Job Vacancy in Dakar, Senegal – Banking

Job Description

Position:Risk Management Analyst

Company:Ecobank Senegal

Location:Dakar, Senegal

Experience:3-5 years in risk analysis, preferably in banking sector

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

Employment Type:Full-time

Industry:Banking

Department:Risk Management

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

Vacancies:1

Company Overview

Ecobank Senegal, a leading pan-African banking institution, has been delivering innovative financial solutions across West Africa for over two decades. Headquartered in Dakar, the bank serves a diverse clientele ranging from multinational corporations to small‑and‑medium enterprises and individual customers. As part of the larger Ecobank Group, Ecobank Senegal benefits from a robust regional network, cutting‑edge digital platforms, and a commitment to sustainable development. The bank’s presence in Senegal contributes significantly to the nation’s economic growth, supporting projects in infrastructure, agriculture, and renewable energy. With a strong focus on risk‑aware decision making, Ecobank Senegal continuously seeks talent that can enhance its risk culture and protect its assets. This role offers a unique opportunity for professionals looking to advance their careers in a dynamic environment while contributing to the stability of the financial sector. The position aligns with the growing demand for skilled risk professionals in the region, making it an attractive option for those searching for Senegal Jobs and Career Opportunities in Senegal.

Job Overview

The Risk Management Analyst will join Ecobank Senegal’s Risk Management Department, reporting directly to the Head of Credit Risk. The analyst will be responsible for identifying, measuring, and monitoring credit and market risks associated with the bank’s loan portfolio, investment activities, and trading operations. Working closely with relationship managers, product teams, and senior risk officers, the analyst will provide analytical insights that support sound lending decisions and regulatory compliance. This role is central to the bank’s strategy of maintaining a resilient risk framework while fostering growth. Candidates will have the chance to work on complex risk models, contribute to policy development, and engage with cross‑functional teams. Interested applicants can learn more about the application process by visiting the official portal https://senegaljobsearch.com/. This position is a key component of our Hiring in Senegal initiative, aimed at attracting top talent for Jobs in Senegal.

Key Responsibilities

• Conduct quantitative analysis of credit exposures, including probability of default and loss given default calculations.
• Prepare risk assessment reports for senior management and regulatory bodies, ensuring timely and accurate submission.
• Monitor portfolio performance against risk limits and recommend corrective actions when thresholds are breached.
• Develop and maintain risk rating models, stress‑testing scenarios, and sensitivity analyses.
• Collaborate with product teams to embed risk considerations into new product development and pricing.
• Assist in the preparation of the bank’s quarterly risk appetite statements and risk‑adjusted performance metrics.
• Stay updated on local and international regulatory changes affecting banking risk management.

Required Skills

• Strong analytical and quantitative skills with proficiency in Excel, VBA, and statistical software (e.g., R, SAS, or Python).
• In‑depth understanding of credit risk concepts, Basel III regulations, and risk‑adjusted return metrics.
• Excellent written and verbal communication abilities for preparing clear risk reports.
• Ability to work independently and as part of a multidisciplinary team.
• Attention to detail and a proactive approach to problem solving.
• Fluency in French and English; knowledge of local market dynamics is a plus.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates holding a Master’s degree or professional certifications such as CFA, FRM, or PRM will be given preference, reflecting the bank’s commitment to high‑quality expertise.

Experience

Applicants should possess three to five years of professional experience in risk analysis, credit assessment, or related functions within a banking or financial services environment. Experience with risk modeling, regulatory reporting, and exposure monitoring is essential. Prior exposure to the West African banking sector will be considered an advantage.

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 pension scheme, aligning with Ecobank’s competitive remuneration framework for top talent.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Annual performance bonus linked to individual and bank results.
• Generous paid leave, including vacation, sick leave, and public holidays.
• Access to employee wellness programs and financial literacy workshops.

Training

• On‑boarding program covering bank policies, risk frameworks, and compliance standards.
• Continuous professional development through internal workshops and external certifications.
• Mentorship opportunities with senior risk officers.
• Access to e‑learning platforms for skill enhancement.

Working Environment

Ecobank Senegal offers a collaborative, inclusive, and technology‑driven workplace located in the heart of Dakar’s business district. The office environment promotes teamwork, knowledge sharing, and innovation, with modern facilities and flexible working arrangements where appropriate. Employees benefit from a culture that values diversity, ethical conduct, and community engagement, reinforcing the bank’s reputation as an employer of choice in Senegal.

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 reviewed on a rolling basis, 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

Ecobank Senegal is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination, supporting our broader mission of fostering Employment in Senegal and contributing to the nation’s socioeconomic development.