Credit Risk Analyst Job Vacancy in Xai-Xai, Mozambique – Banking & Financial Services

Job Description

Position: Credit Risk Analyst

Company: Banco BCI

Location: Xai-Xai, Mozambique

Experience: 3-5 years in credit risk analysis

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

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Risk Management

Salary: SSP 120,000 – 180,000 per month

Vacancies:1

Company Overview

Banco BCI is a leading commercial bank operating across Southern Africa, with a strong presence in Mozambique. Established in 1976, the bank offers a comprehensive suite of financial products, including retail banking, corporate lending, and investment services. Banco BCI is committed to fostering economic growth, supporting small and medium enterprises, and promoting financial inclusion throughout the country. The bank’s robust risk management framework, innovative digital platforms, and customer‑centric culture have earned it a reputation for stability and reliability. As part of its strategic expansion, Banco BCI continues to invest in talent, technology, and community development, making it an attractive employer for professionals seeking dynamic career opportunities in Mozambique.

Job Overview

The Credit Risk Analyst will play a pivotal role in assessing the creditworthiness of corporate and individual borrowers, ensuring that Banco BCI maintains a healthy loan portfolio while complying with regulatory standards. Reporting to the Head of Credit Risk, the analyst will conduct detailed financial analyses, develop risk models, and provide actionable insights to underwriting teams. This position offers a unique opportunity to influence lending decisions, contribute to the bank’s risk mitigation strategies, and support the broader goal of sustainable economic development in Mozambique. Candidates will work closely with cross‑functional teams, including Credit Operations, Compliance, and Business Development, to deliver high‑quality risk assessments that align with the bank’s strategic objectives.

Key Responsibilities

• Perform comprehensive credit analysis of loan applications, including financial statement review, cash flow modeling, and industry benchmarking.
• Develop and maintain credit risk rating models, scorecards, and risk dashboards to support decision‑making.
• Prepare detailed credit memorandums and present findings to senior management and credit committees.
• Monitor existing loan portfolios for early warning signs, covenant compliance, and potential deterioration.
• Collaborate with the Compliance department to ensure adherence to Basel III, local banking regulations, and internal risk policies.
• Assist in the development of credit policies, risk appetite statements, and stress‑testing frameworks.
• Provide training and mentorship to junior analysts and credit officers on risk assessment techniques.
• Contribute to the continuous improvement of credit risk processes through data analytics and automation.

Required Skills

• Strong analytical and quantitative abilities with proficiency in financial modeling.
• Excellent knowledge of banking products, credit risk concepts, and regulatory requirements.
• Advanced Excel skills; experience with statistical software (e.g., SAS, R, Python) is a plus.
• Effective communication skills, both written and verbal, to convey complex risk findings clearly.
• Attention to detail, high integrity, and the ability to work independently under tight deadlines.
• Team‑oriented mindset with a collaborative approach to problem‑solving.

Education

A Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or CPA are advantageous but not mandatory.

Experience

Applicants should have 3–5 years of experience in credit risk analysis, loan underwriting, or financial analysis within a banking or financial services environment. Experience with corporate lending, SME financing, or exposure to emerging market economies is highly valued.

Salary

The compensation package ranges from SSP 120,000 to 180,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and annual salary reviews are part of the total rewards structure.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.
• Access to Banco BCI’s digital banking platforms and employee discounts.

Training

• Onboarding program covering bank policies, risk management frameworks, and compliance standards.
• Continuous learning modules on advanced credit analytics, data science, and regulatory updates.
• Mentorship from senior risk officers and participation in internal risk forums.
• Opportunities to attend regional banking conferences and workshops.

Working Environment

Banco BCI offers a modern, collaborative workspace in Xai‑Xai, equipped with state‑of‑the‑art technology and flexible work arrangements. The culture emphasizes transparency, innovation, and a commitment to employee growth. Employees enjoy a supportive environment where ideas are valued, and professional advancement is encouraged.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal. Applications will be screened by the Talent Acquisition team, followed by a technical interview and a final assessment with the Head of Credit Risk. Successful applicants will receive an offer letter outlining compensation, benefits, and start date.

Equal Opportunity Statement

Banco BCI is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace where all employees are respected, valued, and given the chance to thrive regardless of gender, race, religion, or background.

For more information about Banco BCI and its career opportunities, visit our main website: https://mozambiquejobsearch.com

Explore additional regional job resources at: https://www.kenyajobsearch.com/