Junior Risk Analyst at The Absa Bank | Apply Now!

Job Details

🏦 Company: Absa Bank Limited
📍 Location: Johannesburg, South Africa
💼 Job Title: Junior Risk Analyst
🕒 Employment Type: Full-Time
🏠 Work Arrangement: Hybrid
⏳ Closing Date: 14 January 2026
🆔 Requisition ID: R-15982517

Company Overview

Absa Bank Limited is a proudly African financial institution with over 100 years of heritage, offering local strength combined with regional and international expertise. Absa is committed to empowering Africa’s tomorrow by delivering innovative banking solutions while fostering inclusive growth, transformation, and long-term value for its clients and communities.

Job Overview

The Junior Risk Analyst will be responsible for monitoring compliance with collateral management requirements, financial covenants, and conditions outlined in loan agreements and credit facilities. This role plays a critical part in mitigating financial and regulatory risk, ensuring governance standards are upheld, and supporting a seamless client experience across the transaction lifecycle.

Key Responsibilities

Security Risk Management

• Monitor borrower performance against key financial ratios such as leverage, DSCR, and liquidity

• Review borrower financial statements to confirm compliance with covenants and collateral conditions

• Track financial trends and identify early warning indicators

• Prepare internal risk reports and summaries for senior management

• Collaborate with Credit, Legal, and Risk teams to conduct compliance checks

• Maintain monitoring tools, trackers, and transaction milestone records

• Support waiver and amendment processes, including internal approval workflows

• Ensure accuracy of documentation and alignment with regulatory requirements

Client & Service Support

• Assist with operational and transactional queries, escalating issues where required

• Support stakeholder engagement and client interactions

• Participate in deal forums and document operational risks

• Ensure accurate and timely system data capture

• Review non-financial undertakings and flag exceptions for escalation

Governance, Risk & Control

• Ensure adherence to internal quality standards and regulatory frameworks

• Comply with Exchange Control Regulations, Sanctions Policy, and Trade Finance standards

• Complete mandatory compliance training and apply technical knowledge accurately

• Escalate risks appropriately and maintain a strong control environment

• Support business continuity management plans and management reporting

• Maintain accurate deal information for waivers, amendments, and consents

Qualifications

Education

• Bachelor’s degree in Finance, Economics, Commerce, Banking, or Technology

• Postgraduate qualification or MBA (NQF Level 7) is advantageous

• Further Education and Training Certificate (FETC): Business, Commerce and Management Studies

Experience

• Minimum of 5 years’ experience in security risk management, including collateral and covenant monitoring

• 1–3 years’ experience in trade operations or banking environments

• Proven exposure to regulatory frameworks such as Basel III / Basel IV

• Experience in customer-facing and stakeholder engagement roles

Skills

• Strong banking knowledge and understanding of collateral management principles

• Proficiency in financial instruments, margining, and risk management processes

• Advanced Microsoft Excel skills and experience with financial modelling or data analysis tools

• Strong analytical, problem-solving, and decision-making capabilities

CV Tips for This Role

• Emphasise experience in collateral management and covenant monitoring

• Highlight exposure to Basel regulations and banking compliance frameworks

• Showcase strong Excel, financial analysis, and reporting skills

• Include examples of stakeholder engagement and risk escalation

Benefits of Joining Absa

• Hybrid work environment supporting flexibility

• Exposure to complex banking and risk management transactions

• Career development within a leading African financial institution

• Inclusive culture focused on growth, transformation, and innovation

• Opportunity to contribute to impactful financial solutions across Africa

Company Policy

Absa Bank Limited is an equal opportunity and affirmative action employer. In line with the Employment Equity Act 55 of 1998, preference will be given to suitably qualified candidates from designated groups whose appointment will contribute to the achievement of equitable demographic representation and workforce diversity.