275 Banking Operations jobs in Manama
Senior Banking Operations Manager
Posted 11 days ago
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Job Description
Key responsibilities include:
- Managing and supervising the daily operations of various banking departments, including but not limited to, account management, transaction processing, and customer service.
- Developing and implementing operational policies, procedures, and controls to ensure efficiency and compliance.
- Monitoring key performance indicators (KPIs) for operational efficiency and service quality, and implementing improvements as needed.
- Identifying and mitigating operational risks, ensuring adherence to all relevant banking regulations and compliance standards.
- Leading, coaching, and developing a high-performing team of banking operations staff.
- Collaborating with other departments, such as IT, Risk Management, and Compliance, to ensure seamless operational integration.
- Managing the integration of new banking technologies and systems.
- Resolving complex customer inquiries and operational issues.
- Overseeing the accurate and timely processing of financial transactions.
- Contributing to strategic planning and process improvement initiatives within the operations division.
Senior Risk Management Specialist
Posted 8 days ago
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Job Description
Responsibilities include:
- Developing and implementing comprehensive risk management frameworks and policies.
- Conducting thorough risk assessments for new products, services, and business initiatives.
- Monitoring and analyzing key risk indicators (KRIs) and implementing corrective actions as needed.
- Collaborating with various departments, including operations, compliance, and IT, to integrate risk management principles into daily activities.
- Preparing detailed risk reports and presentations for senior management and regulatory bodies.
- Staying up-to-date with evolving regulatory landscapes and industry best practices in risk management.
- Designing and delivering risk management training programs to employees.
- Managing the company's business continuity and disaster recovery planning.
- Investigating and reporting on risk incidents, and recommending preventative measures.
- Contributing to the continuous improvement of the risk management function.
The ideal candidate will hold a Bachelor's degree in Finance, Economics, Statistics, or a related field, with advanced certifications such as FRM or PRM being highly desirable. A minimum of 7 years of progressive experience in risk management, preferably within the banking or financial services sector, is essential. Demonstrated experience in credit risk, market risk, operational risk, and regulatory compliance is required. Strong analytical, problem-solving, and decision-making skills are paramount. Excellent communication, interpersonal, and negotiation skills are necessary to effectively interact with stakeholders at all levels. Proficiency in risk management software and tools is expected. This hybrid role requires a commitment to regular in-office presence in Seef, Capital, BH .
Senior Risk Management Analyst
Posted 15 days ago
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Job Description
Responsibilities:
- Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
- Identify and assess key operational, financial, strategic, and compliance risks.
- Conduct quantitative and qualitative risk assessments, including scenario analysis and stress testing.
- Analyze insurance policies, claims data, and market trends to identify potential risk exposures.
- Develop and recommend risk mitigation strategies and control measures.
- Monitor the effectiveness of implemented risk controls and recommend adjustments as needed.
- Prepare detailed risk reports and presentations for senior management and the board of directors.
- Ensure compliance with all relevant insurance regulations and industry best practices.
- Collaborate with various departments, including underwriting, claims, and finance, to integrate risk management principles.
- Stay informed about emerging risks and industry developments.
- Assist in the development and delivery of risk management training programs.
Qualifications:
- Bachelor's degree in Finance, Economics, Risk Management, Mathematics, or a related field; Master's degree or relevant professional designation (e.g., PRM, FRM, CPCU) is a plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance or financial services industry.
- Strong understanding of risk assessment methodologies, statistical analysis, and financial modeling.
- Proficiency in risk management software and data analysis tools (e.g., Excel, SQL, R, Python).
- In-depth knowledge of insurance products, regulations, and market dynamics.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong written and verbal communication skills, with the ability to articulate complex risk issues clearly.
- Ability to work independently and as part of a team.
- High level of integrity and attention to detail.
Senior Risk Management Analyst
Posted 15 days ago
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Job Description
As a Senior Risk Management Analyst, you will conduct in-depth risk assessments, develop predictive models, and analyze complex data sets to identify potential threats and opportunities. You will work closely with different departments, including underwriting, claims, finance, and operations, to embed risk management principles into daily activities. Your responsibilities will include preparing detailed reports for senior management and regulatory bodies, recommending risk mitigation strategies, and monitoring the effectiveness of implemented controls. You will also play a key role in developing and delivering risk management training programs to staff.
Responsibilities:
- Identify, assess, and monitor key risks across the organization, including financial, operational, strategic, and compliance risks.
- Develop and implement comprehensive risk management policies, procedures, and frameworks.
- Conduct quantitative and qualitative risk analyses, including scenario planning and stress testing.
- Design and maintain risk models to forecast potential impacts and inform decision-making.
- Prepare detailed risk assessment reports and present findings and recommendations to senior management and relevant committees.
- Collaborate with business units to embed risk management practices into their processes and decision-making.
- Monitor the effectiveness of risk mitigation strategies and internal controls, recommending adjustments as needed.
- Ensure compliance with all relevant regulatory requirements and industry best practices in risk management.
- Develop and deliver training programs on risk management principles and procedures to employees.
- Investigate and report on significant risk events, providing post-incident analysis and preventative measures.
- Stay current with industry trends, emerging risks, and regulatory changes affecting the insurance sector.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. A Master's degree or professional certification (e.g., FRM, PRM) is a strong plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance or financial services industry.
- Proven expertise in risk assessment methodologies, statistical modeling, and data analysis.
- Proficiency in risk management software and tools (e.g., R, Python, SQL, advanced Excel).
- Strong understanding of insurance products, operations, and regulatory landscape.
- Excellent analytical, problem-solving, and critical thinking skills.
- Superior written and verbal communication skills, with the ability to present complex information clearly and concisely.
- Ability to work independently and collaboratively in a fast-paced environment.
- High level of integrity and attention to detail.
Senior Quantitative Analyst - Risk Management
Posted today
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Job Description
- Develop, test, and implement sophisticated quantitative models for risk assessment and measurement.
- Analyze large datasets to identify risk factors, trends, and potential vulnerabilities.
- Collaborate with business units to understand their needs and translate them into modeling requirements.
- Validate model performance, ensuring accuracy and reliability through backtesting and stress testing.
- Contribute to the enhancement of risk management frameworks and methodologies.
- Prepare clear and concise reports and presentations on model results and risk implications for senior management.
- Stay abreast of regulatory changes and industry best practices in quantitative finance and risk management.
- Automate data processes and reporting through scripting and programming.
- Mentor junior analysts and contribute to the team's knowledge sharing.
- Communicate complex technical concepts to non-technical audiences effectively.
Senior Actuarial Analyst - Risk Management
Posted today
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Job Description
Your primary responsibilities will involve developing, validating, and implementing actuarial models to forecast financial outcomes, price insurance products accurately, and assess solvency requirements. You will analyze large datasets, identify trends, and provide key insights to support strategic decision-making in areas such as reserving, pricing, and capital allocation. A deep understanding of regulatory requirements within the insurance industry is crucial.
The ideal candidate will have a strong foundation in actuarial science, statistical modeling, and risk management principles. Proficiency in actuarial software, statistical analysis tools (e.g., R, Python), and database management is highly desirable. You should possess excellent analytical, problem-solving, and communication skills, with the ability to present complex findings clearly to both actuarial and non-actuarial audiences. Progress towards or attainment of actuarial designations (e.g., FSA, ASA) is a significant asset.
Responsibilities:
- Develop, test, and implement actuarial models for pricing, reserving, and financial forecasting.
- Analyze insurance data to identify risks and opportunities.
- Assess the financial impact of new products and business initiatives.
- Ensure compliance with regulatory requirements and industry standards.
- Collaborate with underwriting, claims, and finance departments.
- Prepare reports and presentations for senior management and regulatory bodies.
- Contribute to the development of risk management strategies.
- Conduct experience studies and monitor key performance indicators.
- Mentor junior actuarial staff and contribute to knowledge sharing.
- Stay abreast of industry trends and advancements in actuarial science.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Minimum of 4 years of actuarial experience within the insurance industry.
- Progress towards or attainment of actuarial designations (e.g., ASA, FSA, ACAS, FCAS).
- Strong proficiency in actuarial modeling software and statistical analysis tools (e.g., Prophet, R, Python, SQL).
- Excellent analytical, quantitative, and problem-solving skills.
- Effective communication and presentation skills.
- Ability to work effectively in a hybrid work environment.
- Understanding of insurance regulations and financial reporting.
Director of Financial Risk Management
Posted today
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Senior Quantitative Analyst - Risk Management
Posted 1 day ago
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Job Description
Responsibilities:
- Develop, validate, and implement quantitative models for market risk, credit risk, and operational risk.
- Design and implement stress testing scenarios and back-testing methodologies.
- Analyze large datasets to identify risk patterns and trends.
- Develop and maintain risk metrics and Key Risk Indicators (KRIs).
- Collaborate with business lines, IT, and compliance to ensure models are implemented effectively and meet regulatory requirements.
- Perform model validation reviews and document model assumptions, limitations, and performance.
- Stay abreast of regulatory changes (e.g., Basel Accords, IFRS 9) and their impact on risk modeling.
- Contribute to the development of risk management policies and procedures.
- Communicate complex quantitative concepts and findings to both technical and non-technical audiences.
- Mentor junior analysts and contribute to the team's knowledge base.
Qualifications:
- Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or Economics.
- Minimum of 5 years of experience in quantitative finance, risk management, or a related field.
- Strong expertise in statistical modeling, econometrics, machine learning, and numerical methods.
- Proficiency in programming languages such as Python, R, C++, or Java.
- Experience with financial derivatives and their valuation.
- In-depth knowledge of risk management frameworks and regulatory requirements in the banking sector.
- Excellent analytical, problem-solving, and data visualization skills.
- Strong communication and presentation skills, capable of explaining complex models to diverse stakeholders.
- Proven ability to work independently and collaboratively in a remote team environment.
This fully remote role provides an outstanding opportunity for a talented quantitative professional to contribute to the stability and success of a major financial institution. If you possess a strong analytical mindset and a passion for financial risk, we encourage you to apply.
Lead Actuarial Analyst - Risk Management
Posted 1 day ago
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Job Description
Key responsibilities include:
- Conducting complex actuarial analyses to assess financial risks associated with insurance products.
- Developing and maintaining pricing models for various insurance lines, ensuring competitive and profitable rates.
- Performing reserve calculations and projections to ensure adequate financial provisions.
- Analyzing claim data and trends to identify patterns and inform risk mitigation strategies.
- Contributing to the development and implementation of solvency and capital adequacy frameworks.
- Assisting in regulatory compliance by providing actuarial reports and data.
- Collaborating with underwriting, claims, and finance departments to provide actuarial insights.
- Mentoring junior actuaries and providing guidance on technical issues and career development.
- Staying current with actuarial standards of practice, regulatory changes, and industry best practices.
- Developing and presenting findings and recommendations to senior management and stakeholders.
- Utilizing advanced statistical software and programming languages for data analysis and modeling.
- Participating in the strategic planning process related to risk management and product development.
- Building and validating predictive models for customer behavior and risk assessment.
- Ensuring data integrity and accuracy in all actuarial calculations and reports.
- Developing and documenting actuarial methodologies and processes.
The successful candidate must hold a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Fellowship or Associateship in a recognized actuarial society (e.g., SOA, CAS) is strongly preferred. A minimum of 8 years of progressive experience in actuarial roles within the insurance industry is required. Proven experience in risk management, pricing, and reserving is essential. Strong proficiency in actuarial software (e.g., Prophet, GGY AXIS) and programming languages like Python, R, or SQL is required. Excellent analytical, problem-solving, and communication skills. The ability to work independently, manage multiple projects, and meet deadlines in a remote environment is crucial. This role is located with operations supporting Tubli, Capital, BH , but offers a fully remote work arrangement.
Senior Actuarial Analyst - Risk Management
Posted 2 days ago
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Job Description
- Developing, implementing, and maintaining actuarial models for pricing, reserving, and risk assessment.
- Performing complex data analysis to identify trends, evaluate risks, and forecast financial outcomes.
- Analyzing insurance liabilities and recommending appropriate reserve levels.
- Conducting experience studies to inform pricing assumptions and product development.
- Assisting in the preparation of regulatory filings and compliance reports.
- Communicating complex actuarial findings clearly and concisely to both technical and non-technical audiences.
- Collaborating with underwriting, claims, and finance departments to provide actuarial support.
- Staying abreast of industry trends, regulatory changes, and emerging risks.
- Contributing to the continuous improvement of actuarial processes and tools.
- Mentoring junior actuaries and providing technical guidance.
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