Main Purpose of the Job

Responsible for managing the bank’s credit portfolio by analyzing, monitoring and optimizing credit risk. The role involves developing and maintaining Expected Credit Loss (ECL) models, assessing portfolio performance and health by performing stress tests and ensuring compliance with regulatory requirements. The Portfolio Manager will also provide strategic insights to mitigate risks and enhance the bank’s financial stability.

Job Summary

Employer: Botswana Savings Bank
Job Type: Full-time
Location: Gaborone, Botswana
Category: Finance
Closing Date: 2026-10-14

Key Responsibilities

Credit Risk Analysis & Portfolio Management:
Monitor and analyse the bank’s credit portfolio performance, identifying emerging risks and trends.
Develop strategies to optimize the credit portfolio, including risk-based pricing, portfolio segmentation and stress testing.
Assess portfolio concentration risks and recommend diversification strategies.
Expected Credit Loss (ECL) Modelling & IFRS 9 Compliance:
Develop, validate and maintain IFRS9 compliant ECL models to estimate bank’s credit losses..
Work closely with Finance & Risk teams to ensure accurate provisioning and compliance with accounting standards.
Conduct back testing and recalibration of models to improve accuracy.
Provide insights on forward looking macroeconomic factors affecting credit risk and ECL estimates.
Credit Risk Monitoring & Reporting:
Prepare periodic portfolio risk reports including risk exposures, impairments and performance trends.
Track key risk indicators (KRIs) and ensure timely interventions for deteriorating credit segments.
Develop dashboards and data visualization tools to present portfolio risk insights to senior management.
Stress Testing & Scenario Analysis:
Conduct stress testing and scenario analysis to assess the resilience of the loan book under different economic conditions.
Collaborate with Finance, Treasury and Economic Research teams to incorporate relevant market factors into risk models.
Regulatory & Stakeholder Engagement:
Liaise with regulators, auditors and other stakeholders on credit risk related matters.
Provide data and reports required for regulatory submissions, risk audits and external assessments.
Support the implementation of regulatory changes affecting credit risk management.
Cross-Functional Collaboration
Work closely with teams including Finance, Treasury, Credit & IT to ensure alignment of risk management practices.
Support digital transformation initiatives including the automation of risk reporting and credit decisioning.
Collaborate with Data Analytics teams to enhance predictive modelling and portfolio insights.

Requirements

Bachelor’s Degree in Finance, Economics, Statistics, Mathematics or related field.
Professional certifications such as Financial Risk Manager (FRA), Certified Financial Analyst (CFA) or Professional Risk Manager (PRM) are an added advantage.
5 – 7 years of experience in credit risk management, portfolio management or financial modelling within a banking environment.
Strong expertise in IFRS9 and ECL Modelling.
Proficiency in data analytics tools such as SAS, Python, R or SQL.
Experience in risk reporting, stress testing and credit risk strategy formulation.
Strong analytical and problem-solving skills
Advanced quantitative modelling and statistical analysis capabilities.
Proficiency in risk management frameworks and regulatory compliance.
Ability to communicate complex risk concepts to senior management and non-technical stakeholders.
High attention to detail and ability to work under pressure

How to Apply

To apply, please visit: bsb.mcidirecthire.com

REF Code: 7KjyrN86zGKGMRUV6QJP277kHofx4PRPfNRZgyjAWoAF8Fu6yzYQTHEoFFdtR2X6lGtxzOre-17RBeInOQbzyw

About the Company

Botswana Savings Bank (BSB) stands as a prominent financial institution within Botswana's banking sector, dedicated to fostering a culture of savings and providing accessible financial services. Established by an Act of Parliament in 1962, initially as the Botswana Post Office Savings Bank, it evolved into BSB in 1992, solidifying its role as a wholly government-owned parastatal. The Bank offers a comprehensive suite of products, including various savings accounts, fixed deposits, personal and business loans, alongside modern digital banking solutions. Through its strategic partnership with BotswanaPost, BSB effectively extends its reach across the nation, playing a vital role in promoting financial inclusion for Batswana, particularly in underserved communities.

Your Partner in Financial Growth

Website: https://www.bsb.co.bw

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Frequently Asked Questions

What qualifications and certifications are typically required for a Credit Portfolio Manager role at a bank like Botswana Savings Bank?

Most employers in Botswana require a Bachelor's degree in Finance, Accounting, Economics, or Banking, plus professional certifications such as ACCA, CIMA, or banking diplomas from the Botswana Institute of Bankers. Experience in credit analysis, risk management, or lending operations is usually essential, with 5+ years being common for managerial positions.

What are the typical day-to-day responsibilities of a Credit Portfolio Manager?

You will monitor loan performance, assess credit risk exposure, prepare portfolio reports for senior management, and ensure compliance with Bank of Botswana regulations. The role also involves working with relationship managers to structure facilities and making recommendations on provisioning and impairments.

How does workplace culture at Botswana Savings Bank and similar institutions typically operate?

Botswana's banking sector maintains formal hierarchies with strong emphasis on respect for seniority and collaborative decision-making. Punctuality, professional dress, and relationship-building with stakeholders are highly valued, reflecting both corporate standards and local cultural norms of botho and mutual respect.

What career progression opportunities exist for Credit Portfolio Managers in Botswana's banking sector?

Progression typically moves to Head of Credit, Chief Risk Officer, or executive positions depending on performance and additional qualifications. Many professionals also transition to consulting, central banking, or regional roles within SADC financial institutions after building strong local expertise.

What employee benefits are standard for senior finance roles at parastatal banks in Botswana?

Benefits usually include medical aid coverage, pension contributions often through the Botswana Public Officers Pension Fund or private schemes, generous annual leave, and sometimes housing or vehicle allowances. Parastatal banks may also offer study assistance and performance-based bonuses, though specifics vary by institution.

What should I emphasize when applying for this re-advertised position, and how does the application process typically work?

Highlight quantifiable achievements in credit risk management, regulatory compliance knowledge, and any experience with Botswana's lending environment. Applications usually require a detailed CV, certified copies of qualifications, and references submitted through the bank's official channels, with shortlisting based on meeting stated criteria and relevant local banking experience.