Risk Analyst
Full Time
1 week ago
Lusaka, Lusaka
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Employment Information
Job description
MICRO FINANCE ZAMBIA LIMITED (PART OF ATLAS MARA)
WE’RE HIRING — RISK ANALYST (2 POSITIONS)
Micro Finance Zambia Limited (MFZ), a subsidiary of Atlas Mara, is inviting applications from dynamic, qualified, and analytical professionals to fill the position of Risk Analyst (2 Positions) based in Lusaka.
Position: Risk Analyst (2)
Location: Lusaka, Zambia
Employment Type: Full Time
Job Purpose:
To support the independent identification, assessment, monitoring, analysis, investigation support and reporting of material risks across MFZ. The role provides timely and decision-useful risk information, supports implementation of the Enterprise Risk Management Framework, strengthens risk and control oversight, and follows agreed actions to evidenced closure or escalation.
Key Responsibilities:
- Support the independent identification, assessment, monitoring, analysis, and reporting of material credit, operational, liquidity, market, and compliance risks across all MFZ business units and branch networks.
- Provide timely, accurate, and decision-useful risk analytics, Key Risk Indicator (KRI) reports, and risk dashboards to management and risk committees.
- Support the rollout, implementation, and continuous enhancement of the Enterprise Risk Management (ERM) Framework and operational risk management tools (RCSAs, incident reporting, loss data collection).
- Provide comprehensive investigation support regarding operational loss incidents, internal control failures, suspected fraud, and system anomalies.
- Strengthen risk and control oversight across product portfolios, lending procedures, and digital financial channels.
- Monitor, track, and follow up on agreed risk remediation actions, audit findings, and regulatory recommendations to ensure evidenced closure or appropriate formal escalation.
- Perform stress testing, scenario analysis, and credit portfolio vulnerability reviews to anticipate emerging financial and non-financial risks.
Qualifications, Experience & Competencies:
- Full Grade 12 Certificate with credits or better in Mathematics and English.
- Bachelor’s Degree in Banking & Finance, Risk Management, Economics, Statistics, Actuarial Science, Accounting (ZICA / ACCA / CIMA), Business Administration, or a closely related quantitative field.
- Relevant professional certifications in risk management (e.g., GARP, PRMIA, or equivalent) will be an added advantage.
- Minimum of 2 to 3 years’ direct experience in risk management, internal controls, or credit risk analytics within a microfinance institution, commercial bank, or financial services organization.
- Sound understanding of microfinance lending practices, Bank of Zambia (BoZ) regulatory guidelines, and risk management best practices.
- Advanced proficiency in Microsoft Excel, data analytics tools, and core banking or loan management software.
- Excellent problem-solving, analytical reasoning, and technical report-writing skills.
- High level of professional integrity, objectivity, and discretion in handling sensitive financial records.
How to Apply:
Interested and qualified candidates should send their updated Curriculum Vitae (CV) via email to:
📩 Email: rxxxxxxxxxx@mfz.co.zm
Important Application Guidelines:
• Please include the position applied for (“Risk Analyst”) in the email subject field.
• Only shortlisted candidates will be contacted.
• For more job details, visit our website at: www.mfz.co.zm
📅 CLOSING DATE: Friday 23rd October 2026
