Credit Risk Analyst Job Vacancy in Algiers, Algeria – Banking & Finance

Job Description

Position: Credit Risk Analyst

Company: BNP Paribas

Location: Algiers, Algeria

Experience: 3-5 years in credit risk analysis

Education: Bachelor’s degree in Finance, Economics, or related field

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Salary: 150,000 – 250,000 SSP per month

Vacancies:1

Company Overview

BNP Paribas is a leading international banking group with a strong presence in Algeria, offering a wide range of financial services to corporate, institutional, and retail clients. With a commitment to sustainable growth and innovation, BNP Paribas has built a reputation for excellence in risk management, digital transformation, and customer‑centric solutions. The Algiers branch plays a pivotal role in supporting the Algerian economy, providing credit facilities, investment advisory, and treasury services. As part of its strategic expansion, BNP Paribas seeks talented professionals who are passionate about finance and eager to contribute to the bank’s mission of responsible banking. This role offers a unique opportunity to work in a dynamic environment, collaborate with seasoned experts, and develop a deep understanding of credit risk within the Algerian market. The position aligns with the growing demand for skilled analysts who can navigate complex financial landscapes, ensuring that BNP Paribas continues to deliver value to its stakeholders while adhering to the highest standards of regulatory compliance.

Job Overview

The Credit Risk Analyst will be responsible for assessing the creditworthiness of corporate and SME clients, conducting thorough financial analyses, and supporting the development of risk mitigation strategies. Reporting to the Head of Credit Risk, the analyst will work closely with relationship managers, underwriting teams, and senior risk officers to ensure that credit decisions are based on robust data and sound judgment. This role is essential for maintaining the integrity of the bank’s loan portfolio and contributes directly to the overall risk appetite framework. Candidates will have the chance to engage with the latest risk assessment tools, participate in cross‑functional projects, and influence policy enhancements. For more information about BNP Paribas and its commitment to career development, visit https://algeriajobsearch.com/. The position is a key component of BNP Paribas’s strategy to strengthen its risk management capabilities in Algeria, offering a platform for professional growth and exposure to international best practices.

Key Responsibilities

• Perform detailed credit analysis of corporate and SME borrowers, including financial statement review, cash flow modeling, and industry benchmarking.
• Prepare comprehensive credit memorandums and present findings to the Credit Committee for approval.
• Monitor existing loan portfolios, identify early warning signs, and recommend corrective actions to mitigate risk.
• Collaborate with relationship managers to structure loan terms that align with the bank’s risk appetite and client needs.
• Maintain and update credit risk databases, ensuring data accuracy and compliance with internal policies.
• Assist in the development and refinement of credit scoring models and risk rating methodologies.
• Stay informed about macro‑economic trends, regulatory changes, and sector‑specific developments affecting credit risk in Algeria.
• Support ad‑hoc risk projects, including stress testing, portfolio segmentation, and risk reporting for senior management.

Required Skills

• Strong analytical abilities with proficiency in financial modeling and ratio analysis.
• Excellent written and verbal communication skills in French and Arabic; English is a plus.
• Proficiency in Microsoft Excel and familiarity with credit risk software (e.g., Moody’s Analytics, SAS).
• Attention to detail and ability to work under tight deadlines.
• Team‑player mindset with the capacity to collaborate across departments.
• Understanding of Algerian banking regulations and Basel III requirements.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates holding professional certifications such as CFA, FRM, or equivalent are highly regarded.

Experience

Applicants should possess 3 to 5 years of hands‑on experience in credit analysis, risk assessment, or loan underwriting within a banking or financial services environment. Experience in the Algerian market or familiarity with local industries will be considered an advantage.

Salary

The compensation package ranges from 150,000 to 250,000 SSP per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and retirement benefits.

Benefits

• Competitive salary with annual performance bonus.
• Comprehensive health and dental coverage.
• Retirement savings plan.
• Paid annual leave and public holidays.
• Employee assistance program.

Training

• Onboarding program covering BNP Paribas’s risk framework and compliance standards.
• Access to internal and external training modules on credit risk, financial modeling, and regulatory updates.
• Mentorship opportunities with senior risk officers.
• Support for professional certifications such as CFA or FRM.

Working Environment

BNP Paribas offers a collaborative, inclusive, and technology‑driven workplace located in the heart of Algiers. Employees benefit from modern office facilities, flexible working arrangements, and a culture that encourages continuous learning and innovation. The bank promotes work‑life balance and values diversity, ensuring that every team member can thrive.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal on the BNP Paribas careers website. 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

BNP Paribas 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 regard to any protected characteristic.