About Company
CRDB Bank Plc is one of Tanzania’s leading and most respected financial institutions, deeply committed to fostering economic growth and financial inclusion across the nation and region. With a robust network of branches and digital platforms, CRDB Bank serves millions of customers, offering a comprehensive suite of banking products and services. Our presence in Zanzibar City, including strategic locations like Kiponda, underscores our dedication to serving local communities and businesses. We pride ourselves on a culture of integrity, innovation, and continuous learning, providing a dynamic environment where talent is nurtured and careers flourish. Joining CRDB Bank means becoming part of a forward-thinking team dedicated to making a tangible impact, contributing to the financial well-being of individuals and businesses across Tanzania.
Job Description
Are you an ambitious and analytical individual eager to launch your career in the dynamic world of financial risk management? CRDB Bank Plc is seeking a motivated and driven Risk Assessment Trainee to join our team in Kiponda, Zanzibar City. This entry-level position offers an unparalleled opportunity to gain foundational knowledge and hands-on experience in identifying, assessing, and mitigating various risks within a leading financial institution. As a Trainee, you will embark on a structured learning journey, working closely with experienced risk professionals to understand the intricacies of operational, credit, market, and compliance risks. You will be instrumental in supporting our risk management framework, contributing to the bank’s stability and sustainable growth. This role is designed for fresh graduates or individuals with limited professional experience who possess a strong desire to learn and contribute to a critical function within banking. We are committed to providing comprehensive training, mentorship, and a clear path for professional development, equipping you with the essential skills to excel in risk management. You will play a vital role in ensuring the bank operates within acceptable risk parameters, safeguarding assets, and maintaining regulatory compliance. This is an exceptional chance to build a solid foundation for a successful career in a sector that is vital to the economy.
Key Responsibilities
- Assist in the collection and analysis of data relevant to various risk categories (operational, credit, market, reputational, and strategic).
- Learn and apply basic risk assessment methodologies, frameworks, and tools under the supervision of senior risk professionals.
- Support the preparation of accurate and timely risk reports and presentations for internal stakeholders and management.
- Participate actively in training sessions, workshops, and continuous professional development programs to deepen understanding of banking products, processes, and associated risks.
- Contribute to the documentation and update of risk control procedures and policies to ensure their effectiveness and relevance.
- Collaborate effectively with different departments across the bank to understand their operations, identify potential risk exposures, and promote a culture of risk awareness.
- Conduct research on emerging industry risks, regulatory changes, and best practices in risk management to inform internal strategies.
- Perform administrative tasks as required to support the efficient functioning of the Risk Management department.
Required Skills
- Strong analytical and problem-solving abilities, with a keen eye for detail.
- Excellent written and verbal communication skills in both English and Swahili.
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) for data analysis and reporting.
- High attention to detail and accuracy in all tasks.
- Ability to work effectively and collaboratively in a fast-paced team environment.
- Proactive and eager to learn new concepts, systems, and banking regulations.
- Demonstrated ethical conduct and integrity, upholding CRDB Bank's core values.
Preferred Qualifications
- A Bachelor's degree or Diploma in Finance, Banking, Economics, Business Administration, Statistics, Risk Management, or a closely related field.
- Basic understanding of financial concepts, banking operations, or the regulatory landscape.
- Prior internship or academic project experience related to data analysis, risk management, or financial services.
Perks & Benefits
- Structured mentorship program with experienced risk professionals.
- Comprehensive on-the-job training and extensive professional development opportunities.
- Exposure to diverse aspects of financial risk management in a leading East African bank.
- Clear opportunity for career progression and growth within CRDB Bank Plc.
- A collaborative, supportive, and dynamic work environment.
- Competitive entry-level remuneration package aligned with industry standards.
- Contribution to meaningful work that impacts the financial stability of Tanzania.
How to Apply
If you are ready to kickstart your career in risk assessment with a reputable financial institution and meet the qualifications outlined, we encourage you to apply. Please ensure your application highlights your passion for finance, analytical skills, and eagerness to learn and contribute. Click on the application link below to submit your application directly through our careers portal.