Risk Analyst (2 Positions)

Risk Analyst (2 Positions) is available at Micro Finance Zambia Limited (part of Atlas Mara) in Zambia. Review the job description, requirements, closing date and application details below.

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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: recruitment@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