Job Description
Position:Risk Management Analyst
Company:Arab African International Bank (AAIB)
Location:Damietta, Egypt
Experience:3-5 years
Education:Bachelor’s degree in Finance, Economics, or related field
Employment Type:Full-time
Industry:Banking & Finance
Department:Risk Management
Salary:SSP 180,000 – 240,000 per annum
Vacancies:1
Company Overview
Arab African International Bank (AAIB) is a leading financial institution with a strong presence across the Middle East and North Africa. Established in 1975, AAIB offers a comprehensive suite of banking services, including retail banking, corporate finance, treasury, and investment solutions. The bank is committed to fostering sustainable economic growth in Egypt and supports a culture of innovation, integrity, and customer‑centricity. With a robust network of branches and digital platforms, AAIB provides career opportunities that empower professionals to shape the future of finance while contributing to the nation’s development. As part of its expansion strategy, AAIB is strengthening its risk management capabilities in key regional hubs, including the vibrant commercial city of Damietta.
Job Overview
The Risk Management Analyst will play a pivotal role in identifying, assessing, and mitigating financial risks across AAIB’s portfolio in Egypt. Reporting to the Head of Risk Management, the analyst will collaborate with credit, treasury, and compliance teams to ensure that risk policies are effectively implemented and aligned with regulatory standards. This position offers a unique chance to work in a dynamic environment, leveraging advanced analytics and industry best practices to protect the bank’s assets and reputation. For more information about AAIB’s career pathways, visit our main portal at https://egyptjobsearch.com.
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Key Responsibilities
- Conduct quantitative risk assessments for credit, market, and operational exposures.
- Develop and maintain risk models, stress‑testing frameworks, and scenario analyses.
- Prepare detailed risk reports for senior management and regulatory bodies.
- Monitor risk indicators and recommend mitigation strategies in real time.
- Collaborate with cross‑functional teams to embed risk awareness into product development.
- Assist in the implementation of Basel III and local regulatory requirements.
- Support the annual risk appetite setting process and periodic reviews.
Required Skills
- Strong analytical and statistical modeling abilities.
- Proficiency in risk management software (e.g., SAS, R, Python).
- Excellent written and verbal communication skills.
- Attention to detail with a proactive problem‑solving mindset.
- Ability to work under pressure and meet tight deadlines.
- Knowledge of Egyptian banking regulations and international standards.
Education
A minimum of a bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates with professional certifications such as FRM, CFA, or PRM are highly preferred, reflecting AAIB’s commitment to hiring top talent for Egypt Jobs and fostering continuous professional growth.
Experience
The ideal candidate will have 3‑5 years of experience in risk analysis, credit risk, market risk, or a similar function within a banking or financial services environment. Prior exposure to regulatory reporting and risk governance in Egypt will be considered an advantage, aligning with the bank’s focus on compliance and risk excellence.
Salary
AAIB offers a competitive compensation package ranging from SSP 180,000 to SSP 240,000 per annum, commensurate with experience and qualifications. The salary structure is designed to attract and retain high‑performing professionals seeking rewarding career opportunities in Egypt.
Benefits
- Comprehensive health insurance for employee and dependents.
- Annual performance‑based bonuses.
- Retirement savings plan with employer contributions.
- Paid annual leave and public holidays.
- Employee assistance programs and wellness initiatives.
Training
- On‑the‑job training with senior risk managers.
- Access to AAIB’s internal learning platform for certifications.
- Participation in regional risk management workshops and conferences.
- Mentorship programs to accelerate career development.
Working Environment
AAIB provides a collaborative, inclusive, and technology‑driven workplace in Damietta. The office is equipped with modern workstations, secure data rooms, and meeting spaces that encourage teamwork and innovation. Employees benefit from flexible working arrangements and a culture that values diversity, aligning with the broader goals of Employment in Egypt and Career Opportunities in Egypt.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the AAIB careers portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for a virtual interview followed by an on‑site assessment.
Equal Opportunity Statement
Arab African International Bank is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, age, disability, religion, or sexual orientation. Our hiring practices reflect our dedication to fairness and the promotion of talent across Egypt.