Chief Risk Officer Job Vacancy in Gaborone, Botswana – Banking & Finance

Job Description

Position: Chief Risk Officer

Company: Standard Chartered Bank Botswana

Location: Gaborone, Botswana

Experience: Minimum 10 years senior risk management experience in banking

Education: Master’s degree in Finance, Risk Management, or related field

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: SSP 1,200,000 – SSP 1,800,000 per annum

Vacancies:1

Company Overview

Standard Chartered Bank Botswana is a leading international bank with a strong presence across Africa, committed to delivering innovative financial solutions and fostering sustainable economic growth. With a legacy spanning over 150 years, the bank operates under a robust governance framework and emphasizes responsible banking practices. As part of its strategic expansion in Botswana, the institution seeks to attract top talent to drive its risk management agenda, ensuring resilience and compliance in a dynamic market. This role offers a unique opportunity to contribute to a globally recognized brand while shaping the future of banking in Botswana. The bank’s dedication to diversity, inclusion, and community development makes it an employer of choice for professionals seeking meaningful career advancement. Keywords: Botswana Jobs, Jobs in Botswana, Career Opportunities in Botswana.

Job Overview

The Chief Risk Officer (CRO) will lead the Risk Management Department, overseeing the identification, assessment, monitoring, and mitigation of all financial, operational, and strategic risks across the bank’s Botswana operations. Reporting directly to the Managing Director, the CRO will develop and implement a comprehensive risk framework aligned with international standards such as Basel III and local regulatory requirements. The role involves close collaboration with senior business leaders, the Board of Directors, and external regulators to ensure robust risk governance. This position is central to safeguarding the bank’s assets, reputation, and long‑term profitability, making it a critical component of the bank’s success in Botswana. For more information about our organization, visit https://botswanajobsearch.com/. Keywords: Job Vacancy in Botswana, Employment in Botswana, Hiring in Botswana.

Key Responsibilities

• Develop and maintain an enterprise‑wide risk management framework that complies with Basel III, local banking regulations, and internal policies.
• Lead the risk identification process, conducting regular risk assessments across credit, market, operational, liquidity, and compliance domains.
• Present risk reports and strategic recommendations to the Board Risk Committee and senior executive team.
• Oversee the implementation of risk mitigation strategies, ensuring timely remediation of identified risk exposures.
• Coordinate with internal audit, compliance, and legal departments to align risk controls with audit findings and regulatory expectations.
• Foster a risk‑aware culture through training, communication, and embedding risk considerations into business decision‑making.
• Monitor emerging risks, including cyber‑security threats, climate‑related financial risks, and geopolitical developments affecting the banking sector.
• Manage the risk analytics team, providing mentorship, performance feedback, and professional development opportunities.

Required Skills

• Deep understanding of Basel III, IFRS 9, and local banking regulations.
• Proven ability to design and implement enterprise risk management (ERM) frameworks.
• Strong analytical and quantitative skills with proficiency in risk modeling tools.
• Excellent communication and presentation skills for interacting with senior stakeholders and regulators.
• Leadership experience managing cross‑functional risk teams.
• Strategic thinking with a focus on aligning risk appetite with business objectives.
• High ethical standards and integrity.

Education

A Master’s degree in Finance, Risk Management, Economics, Business Administration, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager) are highly desirable.

Experience

At least 10 years of progressive experience in risk management within the banking sector, with a minimum of 5 years in a senior leadership role overseeing enterprise‑wide risk functions.

Salary

The compensation package ranges from SSP 1,200,000 to SSP 1,800,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses and long‑term incentive components.

Benefits

• Comprehensive health insurance covering medical, dental, and vision.
• Retirement savings plan with employer contributions.
• Annual leave of 30 days plus public holidays.
• Professional development allowance for certifications and conferences.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering bank policies, risk frameworks, and regulatory environment.
• Continuous learning opportunities through internal risk academies and external workshops.
• Leadership development tracks tailored for senior executives.

Working Environment

The role is based in the modern headquarters of Standard Chartered Bank Botswana in Gaborone, offering a collaborative, inclusive, and technology‑enabled workspace. Employees benefit from flexible working arrangements, state‑of‑the‑art risk analytics platforms, and a supportive culture that values innovation and accountability.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for a multi‑stage interview process, including technical assessments and leadership interviews.

Equal Opportunity Statement

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