40 Credit Analyst jobs in Bahrain

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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)
• Job : Full Time
• Type : Usually Work From Office, Friday is working and weekly off is on Saturday & Sunday's.
• Holiday: Not Bahrain holidays, it will be mostly US or based on business requirements
• Work Permit: Candidate should have required work permit for Bahrain.

• Develop and refine credit risk models to assess borrower default probabilities and loss given default.
• Analyze financial data, credit reports, and economic indicators to evaluate credit risk.
• Monitor the credit quality of the loan portfolio and identify potential areas of concern.
• Conduct stress testing and scenario analysis to understand portfolio resilience under adverse conditions.
• Prepare comprehensive credit risk reports for senior management and regulatory bodies.
• Develop and implement credit risk policies and procedures to ensure compliance and best practices.
• Collaborate with business units to support risk-based decision-making in lending activities.
• Stay updated on industry best practices, regulatory changes, and emerging trends in credit risk management.

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• 5-7 years of experience in credit risk analysis within the banking or financial services sector.
• Proficiency in statistical modeling software (e.g., R, Python, SAS) and database management (SQL).
• Strong understanding of financial markets, credit products, and risk management frameworks.
• Excellent analytical, quantitative, and problem-solving skills.
• Ability to interpret and present complex financial information effectively to diverse audiences.
• Familiarity with regulatory requirements (e.g., Basel Accords) is a plus.
• Strong communication and interpersonal skills.

• Develop and maintain actuarial models for pricing insurance products and assessing reserves.
• Analyze historical data to forecast future claims and liabilities.
• Conduct profitability studies and recommend adjustments to pricing strategies.
• Perform financial modeling and sensitivity analysis to evaluate risk exposure.
• Assist in the preparation of regulatory filings and compliance reports.
• Collaborate with underwriting, claims, and finance departments to provide actuarial insights.
• Stay current with actuarial methodologies, regulations, and industry best practices.
• Utilize actuarial software and databases to perform analysis and reporting.
• Communicate complex actuarial concepts clearly and concisely to non-actuarial stakeholders in a virtual setting.
• Contribute to the development of new insurance products and strategies.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial exams (e.g., SOA, CAS) is highly desirable.
• Minimum of 3-5 years of experience in an actuarial role within the insurance industry.
• Proficiency in actuarial software (e.g., Prophet, RADAR) and data analysis tools (e.g., SQL, Python, R).
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent attention to detail and accuracy.
• Effective communication and presentation skills, suitable for remote interaction.
• Ability to work independently and manage multiple projects effectively in a remote setting.
• Understanding of insurance principles and various lines of business.
• Proactive approach to learning and professional development.

• Analyze financial statements, loss history, and other relevant data to assess the risk associated with insurance applications.
• Develop and implement underwriting guidelines and strategies to manage portfolio risk effectively.
• Collaborate with actuaries, claims adjusters, and sales teams to provide expert underwriting advice.
• Monitor industry trends, regulatory changes, and economic conditions to anticipate and respond to evolving risks.
• Conduct peer reviews and mentor junior underwriters, fostering a culture of continuous learning and improvement.
• Utilize advanced analytical tools and software to support underwriting decisions and portfolio analysis.
• Prepare detailed reports and presentations for senior management on risk exposure, underwriting performance, and strategic recommendations.
• Ensure compliance with all internal policies, procedures, and external regulatory requirements.
• Maintain strong relationships with brokers and agents, providing exceptional service and support.
• Contribute to the development and refinement of underwriting best practices.

• Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. Advanced degree or professional designation (e.g., ACII, FLMI) preferred.
• Minimum of 7 years of experience in insurance underwriting, with a focus on risk assessment and management.
• Demonstrated expertise in statistical analysis, financial modeling, and risk mitigation techniques.
• Proficiency in underwriting software and analytical tools.
• Exceptional communication, negotiation, and interpersonal skills.
• Ability to work independently and as part of a collaborative, remote team.
• Strong problem-solving abilities and strategic thinking.
• Commitment to ethical practices and regulatory compliance.

• Conduct in-depth analysis of complex datasets to identify emerging risks and trends within the insurance industry.
• Develop, validate, and implement sophisticated risk assessment models and methodologies.
• Collaborate with underwriting, claims, and product development teams to provide insights and recommendations for risk management strategies.
• Monitor and assess the effectiveness of existing risk controls and recommend improvements.
• Prepare detailed reports and presentations on risk exposures, findings, and mitigation plans for senior management and regulatory bodies.
• Stay abreast of industry best practices, regulatory changes, and emerging risk management technologies.
• Mentor junior analysts and contribute to the continuous improvement of risk assessment processes and tools.
• Ensure compliance with all relevant industry regulations and internal policies.

• Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, Finance, or a related quantitative field. A Master's degree is a plus.
• Professional designation such as Associate (or Fellow) of the Casualty Actuarial Society (ACAS/FCAS) or Society of Actuaries (ASA/FSA) is highly preferred.
• Minimum of 5 years of progressive experience in risk management, actuarial analysis, or a related field within the insurance industry.
• Proficiency in statistical modeling software (e.g., R, Python, SAS) and advanced Excel skills.
• Strong understanding of insurance products, underwriting principles, and claims processes.
• Excellent analytical, quantitative, and critical thinking skills.
• Exceptional written and verbal communication skills, with the ability to explain complex concepts to diverse audiences.
• Proven ability to work independently and manage multiple projects simultaneously in a remote environment.
• Experience with regulatory frameworks such as Solvency II or IFRS 17 is advantageous.

• Conduct comprehensive analysis of market trends, economic indicators, and competitor activities to identify emerging risks.
• Develop and refine complex statistical models to quantify risk exposure and predict potential losses.
• Collaborate with underwriting teams to set appropriate pricing strategies and policy terms based on risk assessments.
• Prepare detailed reports and presentations for senior management, outlining risk profiles, mitigation strategies, and recommendations.
• Monitor and analyze portfolio performance to ensure alignment with risk appetite and regulatory requirements.
• Stay abreast of industry best practices, regulatory changes, and technological advancements in risk management.
• Mentor junior analysts and foster a culture of continuous learning and improvement within the risk assessment department.
• Contribute to the development and implementation of new risk management frameworks and tools.
• Effectively communicate complex risk concepts to non-technical stakeholders across various departments.
• Ensure compliance with all relevant local and international insurance regulations.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• A minimum of 5 years of progressive experience in risk management, actuarial science, or quantitative analysis within the insurance industry.
• Proven expertise in statistical modeling, data analysis, and risk assessment methodologies.
• Proficiency in programming languages such as Python or R, and experience with data visualization tools.
• Strong understanding of insurance products, underwriting principles, and financial markets.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Demonstrated ability to work independently and collaboratively in a remote environment.
• Familiarity with regulatory frameworks such as Solvency II is a plus.
• Proven track record of successfully managing multiple projects and deadlines.

• Evaluate complex insurance applications to assess risks and determine insurability.
• Develop and apply underwriting guidelines and pricing strategies to ensure competitive and profitable policies.
• Analyze financial statements, loss history, and other relevant data to accurately gauge risk exposure.
• Collaborate with agents, brokers, and clients to gather necessary information and clarify policy details.
• Make recommendations for policy terms, conditions, and coverage limits.
• Work closely with claims and actuarial departments to refine underwriting processes and pricing models.
• Monitor the performance of underwriting portfolios and identify trends or areas for improvement.
• Stay updated on industry regulations, market changes, and emerging risks.
• Mentor and guide junior underwriters, providing training and technical support.
• Develop and maintain strong relationships with internal and external stakeholders.
• Ensure compliance with all regulatory requirements and company policies.
• Prepare reports and present findings on underwriting performance and risk assessments.
• Utilize underwriting software and tools to streamline the application and analysis process.

• Performing complex actuarial analyses to evaluate the financial impact of various risks, including mortality, morbidity, and economic factors.
• Developing, validating, and implementing pricing models for new and existing insurance products.
• Analyzing loss data and reserving methodologies to ensure adequate financial provisions.
• Conducting experience studies and trend analyses to inform product development and pricing strategies.
• Assisting in the preparation of regulatory filings and ensuring compliance with industry standards.
• Collaborating with underwriting, product development, and claims departments to provide actuarial support and insights.
• Building and maintaining actuarial models and databases.
• Presenting findings and recommendations to senior management and other stakeholders.
• Staying current with actuarial best practices, regulatory changes, and industry developments.
• Potentially supervising and mentoring junior actuarial staff.