5 Credit Analyst jobs in Bahrain

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Alzayani Investments is seeking a highly motivated and detail-oriented Assistant Credit Analyst to join our growing team in Manama, Bahrain. This full-time position offers an exciting opportunity to contribute to the company's credit risk assessment processes. The ideal candidate will be a Bahraini national with a strong analytical background and a passion for finance. This role will support senior analysts in evaluating creditworthiness, conducting financial analysis, and contributing to informed credit decisions.

Responsibilities:

• Evaluate credit risk of new applications and conduct periodic risk reviews of existing clients, ensuring alignment with risk appetite, policies, and procedures.
• Review rating model inputs for consistency, accuracy, and appropriateness.
• Ensure Credit Application Forms comply with group policies; provide commentary on deficiencies and indicate level of support (positive, negative, or conditional).
• Ensure outstanding documentation is noted in the Request Form (RF), with mitigation for potential risks.
• Provide high-quality credit risk management information to the Group Credit Control Manager with consistency and objectivity.
• Make clear and timely recommendations to the Group Credit Control Manager.
• Conduct quarterly/semi-annual/annual credit reviews of credit customers of Alzayani Investments and subsidiaries; alert management of potential risks or defaults.
• Contribute to enhancement of Risk Acceptance Criteria to support development of profitable credit portfolios.
• Support interpretation and application of Group Credit Policy and related standards/procedures.
• Ensure spreadsheets are accurate, covenants are met, and conditionalities are delivered.
• Identify high-risk relationships or sectors that may lead to elevated credit risk or non-repayment.
• Represent and support the company with external stakeholders (auditors, rating agencies, CBB, Credit Committee, BCRB).
• Support collections team across all credit risk transaction types while maintaining independence of the Credit Team.
• Provide general assistance and support as required for day-to-day business operations.
• Ensure strict adherence to Group Credit Policy and procedures.
• Be willing to relocate and serve as an Auto Finance Coordinator (AFC) when required.
  
  

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills in English.
• Proficiency in Microsoft Office, especially Excel.
• Knowledge of financial modelling and credit analysis techniques.

Mission:
The mission of a Credit Analyst, known internally as Portfolio Management Officer, is to monitor assigned loans within the loan portfolio ensuring accurate risk ratings are assigned, identifying early warning signals and recommending appropriate action. Portfolio Management Officers also monitor and administer construction loans in accordance with standards outlined in credit policy. By doing this, they ensure the stability, profitability, and regulatory compliance of the loan portfolio while effectively managing risk and maximizing shareholder value.

Key Results

• Maintain 90% compliance rate for loan reviews
• QC and process construction draw requests within 5 business days of receiving the inspector's final report
• Ensure 100% of loan extensions are processed, or loan is handed over to Special Assets, prior to loan maturity

Core Competencies

• Analytical Thinking
• Attention to Detail
• Collaborating with Others
• Decision Making
• Problem Solving

Responsibilities

• Conduct periodic credit risk analyses of assigned loans within the loan portfolio, ensuring accurate risk ratings are assigned.
• Engage with clients proactively and independently to gather the information necessary to complete analyses and make informed decisions.
• Draft and present clear credit in written loan reviews that accurately capture the credit risk of each loan including the financial capacity of the borrower, the performance of the property and the current value of collateral.
• Utilize US based resources to assess risk exposure within the loan portfolio, including probabilities of default and loss given default.
• Monitor the performance of assigned loans within the loan portfolio, identifying early warning signals and recommending appropriate action.
• Conduct industry research and analysis to understand market trends and identify potential risks.
• Monitor and administer construction loans, including tracking budgets, monitoring completion schedules, reviewing third-party reports and ensuring draws are funded timely.
• Ensure compliance with all relevant laws, regulations and internal policies.
• Communicate effectively with internal stakeholders to provide updates on portfolio performance and risk trends.
• Stay informed about changes in regulatory requirements and industry best practices to maintain compliance and mitigate legal and regulatory risks.
• Travel may be required for training purposes.

Requirements

• Minimum 3 years of experience in commercial lending, preferably with a focus in commercial real estate and hospitality
• Bachelor's degree Finance or Accounting with strong academic record
• Strong analytical skills with the ability to interpret complex financial data and identify key risk factors
• Ability to work independently with minimal supervision
• Strong attention to detail and ability to identify discrepancies in data
• Proficiency in financial software, data analytics tools, and spreadsheet applications (such as Excel)
• Excellent verbal and written communication skills in English with the ability to articulate findings and recommendations effectively and concisely
• Ability to work in a fast-paced and multi-national environment
• Ability to multi-task, solve problems and think quickly
• Willing to work US hours (i.e. 4:00 pm to 1:00 am Bahrain Time)

Company Industry:

• Banking
• Broking

Department / Functional Area:

• Finance
• Treasury

• Analyze and evaluate insurance proposals to assess risk exposure.
• Determine appropriate coverage levels, terms, and pricing.
• Develop and maintain underwriting standards and procedures.
• Collaborate with external brokers and agents to gather necessary information.
• Monitor industry trends and regulatory changes impacting risk assessment.
• Provide guidance and training to junior underwriting staff.
• Prepare reports on underwriting performance and portfolio risks.
• Contribute to the development of new insurance products.
• Manage a portfolio of high-value and complex risks.
• Uphold ethical standards and compliance with all relevant regulations.

• Bachelor's degree in Finance, Economics, Business, or a related field.
• Minimum of 5 years of experience in insurance underwriting.
• Proven track record in risk assessment and analysis.
• Strong understanding of financial statements and risk modeling.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in underwriting software and MS Office Suite.
• Effective communication and interpersonal skills.
• Professional certifications (e.g., AU, CPCU) are a plus.

• Analyze and assess complex insurance risks for individual and commercial clients.
• Determine appropriate policy coverage, premiums, and terms based on thorough risk evaluation.
• Review application details, financial statements, medical reports, and other relevant documentation.
• Identify and mitigate potential risks and liabilities associated with insurance policies.
• Maintain a deep understanding of insurance products, market trends, and regulatory requirements.
• Collaborate with brokers, agents, and clients to gather necessary information and explain policy details.
• Work closely with claims departments to provide insights on underwriting decisions.
• Develop and implement underwriting guidelines and best practices to ensure consistency and accuracy.
• Mentor and provide guidance to junior underwriting staff.
• Contribute to the development of new insurance products and strategies.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 6 years of experience in insurance underwriting, with a strong focus on risk assessment.
• Relevant professional designations (e.g., CPCU, AU) are highly desirable.
• In-depth knowledge of various insurance lines (e.g., property, casualty, life, health).
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Proficiency in underwriting software and relevant insurance industry tools.
• Ability to manage a demanding workload and meet deadlines.
• Commitment to ethical practices and client confidentiality.