Risk Management Data Analyst Job Vacancy in Klerksdorp Banking and Financial Services

Position:
Risk Management Data Analyst

Company:
Standard Bank Group

Location:

Klerksdorp, South Africa

Experience:

5+ years in risk analytics, data modeling, and regulatory reporting

Education:

Bachelor’s degree in Finance, Economics, Statistics or related field

Employment Type:

Full-time

Industry: Banking and Financial Services

Department:
Risk Management

Salary: SSP 350,000 – 500,000 per annum

Vacancies: 1

Standard Bank Group is one of Africa’s leading financial institutions, with a heritage spanning more than 150 years. Operating across 20 African countries and with a strong presence in South Africa, the bank delivers innovative banking solutions to individuals, corporates, and governments. As a pillar of the South African economy, Standard Bank is committed to sustainable growth, digital transformation, and inclusive finance.

The Klerksdorp branch plays a strategic role in serving the mining and agricultural sectors of the North West Province, offering a range of credit, treasury, and advisory services. Joining Standard Bank means becoming part of a diverse, forward‑thinking team that values integrity, excellence, and community impact. This is a prime opportunity for professionals seeking career advancement in a globally recognised institution while contributing to South Africa Jobs and the broader economic landscape.

The Risk Management Data Analyst will support the bank’s enterprise risk framework by analysing large data sets, developing predictive models, and preparing regulatory reports. The role collaborates closely with the Credit Risk, Market Risk, and Operational Risk teams to ensure data quality, consistency, and actionable insights. The analyst will also contribute to the development of risk dashboards and support senior management in strategic decision‑making.

This position offers exposure to cutting‑edge analytics tools and a chance to influence risk policies at a national level.

• Extract, cleanse, and validate risk‑related data from internal systems and external sources.
• Develop statistical models to forecast credit defaults, market volatility, and operational loss events.
• Prepare and submit regulatory reports in line with Basel III, SARB, and local compliance standards.
• Design and maintain interactive risk dashboards for senior leadership.
• Collaborate with IT and data engineering teams to improve data pipelines and storage solutions.
• Identify emerging risk trends and provide actionable recommendations.
• Support ad‑hoc risk assessments and scenario analysis projects.

• Advanced proficiency in SQL, Python or R for data manipulation and modelling.
• Strong knowledge of risk metrics such as PD, LGD, EAD, VaR, and stress testing.
• Experience with data visualization tools (Power BI, Tableau, or Qlik).
• Excellent analytical thinking and problem‑solving abilities.
• Effective communication skills to translate complex data into clear business insights.
• Attention to detail and a strong sense of data governance.

A bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related discipline is required. Professional certifications such as FRM, PRM, or CFA are highly desirable and demonstrate a commitment to the risk management profession.

Applicants must have a minimum of five years of hands‑on experience in risk analytics, preferably within a banking or financial services environment. Experience with regulatory reporting, model validation, and cross‑functional collaboration is essential.

The compensation package ranges from SSP 350,000 to SSP 500,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses, pension contributions, and health benefits.

• Comprehe…