Risk Analytics Manager Job Vacancy in Bloemfontein, South Africa – Banking & Financial Services
Job Description
Position:Risk Analytics Manager
Company:Barclays Africa
Location:Bloemfontein, South Africa
Experience:5-8 years
Education:Bachelor’s degree in Finance, Economics, Statistics or related field; Master’s preferred
Employment Type:Full-time
Industry:Banking & Financial Services
Department:Risk Management
Salary:R600,000 – R900,000 per annum
Vacancies:1
Company Overview
Barclays Africa is a leading international banking institution with a strong presence across the African continent. With a legacy of over a century, the bank delivers innovative financial solutions, robust risk frameworks, and a commitment to sustainable growth. In South Africa, Barclays supports a diverse client base ranging from retail customers to large corporates, fostering economic development and financial inclusion. The Bloemfontein branch serves as a strategic hub for regional operations, offering a collaborative environment where talent thrives. As part of its ongoing expansion, Barclays Africa is dedicated to attracting top-tier professionals who can drive data‑driven risk strategies and enhance the bank’s resilience in a dynamic market. This role contributes directly to the bank’s mission of delivering secure, reliable, and customer‑focused services while upholding the highest standards of governance.
Job Overview
The Risk Analytics Manager will lead the development, implementation, and continuous improvement of advanced risk analytics models that support credit, market, and operational risk decisions. Reporting to the Head of Risk Management, the incumbent will work closely with cross‑functional teams, including Credit, Treasury, Compliance, and Technology, to translate complex data into actionable insights. This position plays a pivotal role in shaping the bank’s risk culture, ensuring that analytical outputs align with regulatory expectations and business objectives. The role offers a unique opportunity to influence strategic direction, mentor junior analysts, and champion innovative analytical techniques within a globally recognized financial institution.
Key Responsibilities
- Design, develop, and validate quantitative risk models for credit, market, and operational risk portfolios.
- Collaborate with data engineering teams to acquire, cleanse, and integrate large datasets from internal and external sources.
- Produce risk dashboards and reports for senior management, regulators, and audit committees.
- Lead scenario analysis, stress testing, and back‑testing activities to assess model performance.
- Provide expert guidance on model governance, documentation, and validation processes.
- Mentor and supervise a team of risk analysts, fostering a culture of continuous learning and analytical excellence.
- Stay abreast of emerging regulatory requirements, industry best practices, and technological advancements in risk analytics.
Required Skills
- Proficiency in statistical programming languages such as Python, R, or SAS.
- Strong knowledge of SQL and data manipulation techniques.
- Experience with machine learning algorithms and their application to risk modeling.
- Excellent analytical and problem‑solving abilities with a keen attention to detail.
- Effective communication skills to present complex findings to non‑technical stakeholders.
- Ability to work independently and lead cross‑functional projects under tight deadlines.
Education
A minimum of a Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related discipline is required. A Master’s degree or professional certifications such as FRM, PRM, or CFA are highly desirable and will be considered an advantage during the selection process.
Experience
Applicants must have 5‑8 years of relevant experience in risk analytics, financial modeling, or quantitative analysis within the banking or financial services sector. Prior exposure to regulatory frameworks such as Basel III, IFRS 9, or local South African risk guidelines is essential.
Salary
The annual compensation package ranges from R600,000 to R900,000, commensurate with experience, qualifications, and demonstrated expertise. The package includes performance‑based bonuses and comprehensive benefits.
Benefits
- Competitive health and medical insurance coverage.
- Retirement savings plan with employer contributions.
- Generous paid leave and flexible working arrangements.
- Professional development allowance and support for certifications.
- Employee assistance program and wellness initiatives.
Training
- Onboarding program covering Barclays risk framework, compliance standards, and technology platforms.
- Continuous learning opportunities through internal academies, webinars, and external workshops.
- Leadership development tracks for high‑potential employees.
Working Environment
Barclays Africa offers a modern office environment in Bloemfontein equipped with state‑of‑the‑art technology, collaborative workspaces, and a supportive culture that values diversity and inclusion. Employees benefit from a balanced work‑life approach, with remote‑working options where appropriate.
Application Process
Interested candidates should submit their application through the online portal on the Barclays Careers site. The selection process includes an initial screening, a technical assessment, and a series of interviews with the Risk Management team and senior leadership. For more information about the application steps, visit the following resources:
Equal Opportunity Statement
Barclays Africa is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
