Durban Financial Risk Analyst – Modeling & Reporting

Standard Bank Group; Durban; On-site; ZAR 350,000 - 500,000; Full time

Job summary

Standard Bank Group in Durban, South Africa, seeks a Financial Risk Analyst to strengthen the Risk Management team. You will develop quantitative models, conduct stress testing, and contribute to regulatory reporting to safeguard profitability and compliance.

With 3–5 years of risk analytics experience and a Bachelor’s degree (Master’s preferred), you will collaborate across credit, market, and operational risk domains and support risk mitigation strategies in a dynamic banking environment.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, or related field.
• Master’s degree preferred for advanced roles.
• FRM or CFA certification preferred for deeper risk expertise.

Responsibilities

• Develop and maintain quantitative risk models for credit, market, and liquidity risk.
• Conduct regular risk assessments and stress-testing scenarios.
• Prepare detailed risk analysis reports and present findings to senior management and the Board.
• Collaborate with cross-functional teams to design and implement risk mitigation strategies.
• Monitor regulatory changes and ensure risk practices align with Basel III and local regulation.
• Provide analytical support for risk-related documentation and internal audits.

Skills

Analytical thinking

Quantitative skills

Communication

Education

Bachelor’s degree in Finance/Economics/related field

Master’s degree preferred

FRM/CFA certifications preferred

Tools

SAS

R

Python

Job description

Standard Bank Group in Durban, South Africa, seeks a Financial Risk Analyst to strengthen the Risk Management team. You will develop quantitative models, conduct stress testing, and contribute to regulatory reporting to safeguard profitability and compliance.

With 3–5 years of risk analytics experience and a Bachelor’s degree (Master’s preferred), you will collaborate across credit, market, and operational risk domains and support risk mitigation strategies in a dynamic banking environment.