# Risk Analyst (x2) Canonical URL: https://primejobalerts.com/jobs/risk-analyst-x2 Company: Micro Finance Zambia Limited Category: Banking & Financial Services Location: Zambia, Lusaka Work type: Full-time Work arrangement: On-site Published: 2026-10-18 Expires: 2026-12-02 ## Job Description ### 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. ### Responsibilities - Support implementation and continuous improvement of MFZ’s Enterprise Risk Management Framework, risk appetite arrangements, policies, methodologies and reporting tools. - Support and facilitate assigned Risk and Control Self-Assessments across departments, branches and operational functions, challenge information appropriately and consolidate approved outputs. - Maintain departmental and enterprise risk registers, KRI records, incident and loss-event information, action trackers and supporting evidence. - Collect, reconcile, validate and analyse risk, financial, credit and operational data, including portfolio quality, liquidity, funding, capital, profitability, interest-rate, counterparty, foreign-exchange and concentration indicators. - Prepare draft risk dashboards, forecasts, early-warning indicators, exception reports and management commentary, and escalate material adverse trends, risk appetite breaches and unresolved data-quality concerns. - Support stress testing and scenario analysis covering relevant credit, liquidity, capital, earnings and operational exposures. - Maintain accurate operational-risk, incident and loss-event records; support incident reviews, thematic analysis, control testing, process walkthroughs and evidence-based reviews of control design and operating effectiveness. - Support independent reviews of credit-risk trends, policy exceptions, selected credit files, underwriting, affordability, delegated authorities, collateral, documentation, collections and recovery controls. - Support assessments of risks arising from new products, projects, systems, digital channels, partnerships, outsourcing arrangements and significant process changes. - Support authorised investigations and fraud-risk reviews through data analysis, evidence gathering, transaction review, loss quantification, documentation and action tracking while maintaining confidentiality and secure working papers. - Support Business Impact Analyses, business continuity and disaster-recovery plans, exercises, incident response and post-exercise improvement actions. - Prepare concise risk reports, committee papers and presentations; conduct emerging-risk research; and use Excel, Power BI and other approved tools to improve analytics and reporting efficiency. - Follow up audit, regulatory, compliance, RCSA, incident and other assigned findings to evidenced closure or escalation, and undertake other reasonable risk-related duties assigned through the approved work plan. ### Requirements - Grade 12 School Certificate with five credits or better, including Mathematics and English. - Bachelor’s degree in Risk Management, Finance, Accounting, Economics, Banking, Actuarial Science, Statistics, Mathematics, Data Analytics, Information Systems, Business Administration, Auditing or another relevant field. - Recent graduates and entry-level applicants are encouraged to apply; candidates with up to three years of relevant experience in risk management, credit or financial analysis, audit, compliance, investigations, fraud risk, operations, data analysis or a related field are also encouraged to apply. - Relevant internship, graduate-trainee or financial-services exposure will be an added advantage. - Good Microsoft Excel skills, including data cleaning, formulas, lookups, pivot tables, charts and basic dashboard preparation, with ability to prepare clear reports and presentations using Microsoft Word and PowerPoint. - Knowledge of Power BI, data-visualisation tools, core banking reports, SQL or other analytical tools will be an added advantage. - Membership of a relevant professional body or progress toward a relevant professional qualification will be an added advantage, where applicable. ## Apply Use the canonical Prime Job Alerts page for full application instructions and source verification.