Risk Management Officer Job Vacancy in Bulawayo, Zimbabwe – Banking & Financial Services

Job Description

Position:Risk Management Officer

Company:NMB Bank

Location:Bulawayo, Zimbabwe

Experience:5+ years in risk management, preferably in banking sector

Education:Bachelor’s degree in Finance, Economics, Business Administration or related field; professional certifications (e.g., FRM) preferred

Employment Type:Full-time

Industry:Banking & Financial Services

Department:Risk Management

Salary:SSP 250,000 – SSP 400,000 per month

Vacancies:1

Company Overview

NMB Bank is a leading financial institution in Zimbabwe, offering a comprehensive range of banking services to individuals, SMEs, and large corporations. With a strong presence across the country, NMB Bank is committed to fostering economic growth and financial inclusion. The bank’s robust risk culture, innovative digital platforms, and customer‑centric approach have positioned it as a trusted partner for both local and international stakeholders. As part of its strategic expansion, NMB Bank continues to invest in talent, technology, and community development, creating a dynamic environment for professionals seeking meaningful career opportunities. This role contributes directly to the bank’s mission of delivering sustainable financial solutions while upholding the highest standards of governance and risk management. Join NMB Bank to be part of a forward‑thinking organization that values integrity, collaboration, and continuous improvement, and explore exciting Zimbabwe Jobs that shape the future of finance.

Job Overview

The Risk Management Officer will play a pivotal role in identifying, assessing, and mitigating financial and operational risks across NMB Bank’s portfolio. Reporting to the Head of Risk Management, the incumbent will develop risk frameworks, conduct stress testing, and ensure compliance with regulatory requirements. This position offers a unique opportunity to influence the bank’s risk appetite, support strategic decision‑making, and safeguard the institution’s assets. The successful candidate will collaborate with cross‑functional teams, provide insightful risk reports, and contribute to the development of a resilient risk culture. For more information about NMB Bank and its commitment to excellence, visit Zimbabwe Job Search. This role is a prime example of Career Opportunities in Zimbabwe for seasoned risk professionals.

Key Responsibilities

• Develop and maintain comprehensive risk assessment models for credit, market, and operational risk.
• Conduct regular risk monitoring, reporting, and analysis to senior management.
• Perform stress testing and scenario analysis to evaluate potential impacts on the bank’s portfolio.
• Ensure compliance with Reserve Bank of Zimbabwe regulations and international best practices.
• Collaborate with business units to embed risk controls into product development and daily operations.
• Prepare and present risk dashboards and executive summaries for the Board of Directors.
• Lead investigations of risk incidents and recommend corrective actions.
• Support the implementation of the bank’s Enterprise Risk Management (ERM) framework.

Required Skills

• Strong analytical and quantitative abilities with proficiency in risk modeling tools.
• In‑depth knowledge of banking regulations and risk management standards.
• Excellent communication skills for presenting complex risk concepts to non‑technical stakeholders.
• Proficiency in data analysis software such as SAS, R, or Python.
• Ability to work independently and as part of a multidisciplinary team.
• Attention to detail and a proactive problem‑solving mindset.
• Experience with credit risk assessment and portfolio management.
• Professional certifications (e.g., FRM, PRM) are highly desirable.

Education

A bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Advanced degrees (MBA, MSc) or professional risk certifications will be considered an advantage.

Experience

Minimum of five years of experience in risk management within a banking or financial services environment, with a proven track record of implementing risk frameworks and conducting regulatory compliance activities.

Salary

The position offers a competitive salary range of SSP 250,000 to SSP 400,000 per month, commensurate with experience and qualifications, along with performance‑based incentives.

Benefits

• Comprehensive health insurance coverage.
• Retirement savings plan with employer contributions.
• Annual performance bonus.
• Paid parental and sick leave.
• Professional development allowance.
• Employee assistance program.

Training

• On‑boarding program covering NMB Bank’s risk policies and systems.
• Continuous learning opportunities through workshops and certifications.
• Access to internal knowledge portals and industry webinars.
• Mentorship from senior risk leaders.

Working Environment

NMB Bank provides a collaborative, inclusive, and technology‑driven workplace located in the heart of Bulawayo’s business district. Employees benefit from modern office facilities, flexible working arrangements, and a culture that encourages innovation and professional growth.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online application portal on the NMB Bank careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

NMB Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or background. All qualified applicants will receive consideration for employment without discrimination.