24 Financial Institutions jobs in Bahrain

Cyber Risk Underwriter - Financial Institutions

225 Al Daih, Northern BHD120000 Annually WhatJobs

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full-time
Our client is seeking an experienced Cyber Risk Underwriter to join their specialized insurance division, focusing on financial institutions. This hybrid role requires a deep understanding of cyber threats, vulnerabilities, and the insurance market dynamics relevant to banks, investment firms, and other financial entities. You will be responsible for assessing, pricing, and authorizing insurance coverage for cyber risks, ensuring profitability and appropriate risk selection.

Key responsibilities include:
  • Evaluating and analyzing complex cyber insurance applications from financial institutions.
  • Developing accurate risk profiles and underwriting strategies for cyber insurance products tailored to the financial sector.
  • Determining appropriate policy terms, conditions, and pricing based on risk appetite and market analysis.
  • Collaborating with brokers and clients to understand their risk exposures and insurance needs.
  • Monitoring the cyber risk landscape and its impact on underwriting performance.
  • Working closely with claims and actuarial teams to inform underwriting decisions.
  • Contributing to the development of new underwriting tools and methodologies.
  • Advising senior management on underwriting trends and portfolio performance.
The ideal candidate will possess a bachelor's degree in finance, economics, computer science, or a related field. A minimum of 5 years of experience in underwriting, preferably with a focus on cyber insurance or financial lines, is required. Strong analytical skills, a meticulous attention to detail, and the ability to interpret technical data are essential. Excellent communication and negotiation skills are necessary for interacting with clients and internal stakeholders. This is a hybrid position, requiring presence in the office in Budaiya, Northern, BH for collaborative sessions and client meetings, with flexibility for remote work.

This role offers a competitive salary, comprehensive benefits, and opportunities for professional development within a leading insurance provider.
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Senior Risk Manager - Financial Institutions

531 Al Seef BHD130000 Annually WhatJobs

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full-time
Our client, a prominent financial services group, is seeking an experienced Senior Risk Manager to lead critical risk assessment and mitigation initiatives. This is a fully remote position, offering a unique opportunity to shape risk frameworks and contribute to the stability and integrity of the organization from anywhere. You will play a pivotal role in identifying, analyzing, and managing various financial risks, including market risk, credit risk, operational risk, and liquidity risk.

As a remote-first team member, you will collaborate extensively with stakeholders across different departments, including trading, compliance, operations, and senior management. Your insights will be essential in developing robust risk management strategies and ensuring adherence to regulatory requirements. This role demands a sharp analytical mind, a comprehensive understanding of financial products, and exceptional communication skills.

Key Responsibilities:
  • Develop, implement, and maintain comprehensive risk management frameworks and policies.
  • Conduct in-depth analysis of financial risks, including market, credit, operational, and liquidity risks.
  • Assess the risk exposure of new products, business initiatives, and investments.
  • Design and execute stress testing and scenario analysis to evaluate portfolio resilience.
  • Monitor key risk indicators (KRIs) and report on risk exposures to senior management and regulatory bodies.
  • Ensure compliance with all relevant local and international financial regulations (e.g., Basel III, IFRS 9).
  • Collaborate with internal audit and external regulators to manage risk assessments and examinations.
  • Develop and deliver risk management training programs to relevant staff.
  • Lead and mentor a team of risk analysts and specialists.
  • Proactively identify emerging risks and recommend proactive mitigation strategies.
Qualifications:
  • Master's degree in Finance, Economics, Statistics, Mathematics, or a related field.
  • Minimum of 7 years of progressive experience in risk management within the financial services industry.
  • In-depth knowledge of various financial risk types and mitigation techniques.
  • Proven experience with risk modeling, statistical analysis, and data interpretation.
  • Strong understanding of financial markets, instruments, and regulatory landscapes.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional communication and presentation skills, capable of conveying complex information effectively in a remote setting.
  • Experience with risk management software and tools.
  • Relevant professional certifications (e.g., FRM, PRM) are highly desirable.
This position offers a challenging and rewarding career path for a dedicated risk professional within a global organization, with core functions operating out of Salmabad, Northern, BH , but with the entire role conducted remotely. Join us to safeguard financial stability and drive responsible growth.
We provide a competitive salary, comprehensive benefits, and opportunities for professional development.
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Senior Auditor - Financial Services

444 Southern, Southern BHD130000 Annually WhatJobs

Posted 2 days ago

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full-time
Our client, a globally recognized leader in internal audit services for the financial sector, is seeking a highly skilled and experienced Senior Auditor specializing in financial services. This is a fully remote position, offering the flexibility to work from anywhere while contributing to a world-class team. You will be responsible for planning, executing, and reporting on complex audit engagements for a diverse portfolio of financial institutions, ensuring compliance with regulatory requirements and internal policies. The ideal candidate possesses a deep understanding of financial regulations, risk assessment, and internal control frameworks within banking, investment, and insurance industries.

Responsibilities:
  • Plan, coordinate, and execute comprehensive internal audit engagements across various financial services entities (e.g., commercial banks, investment firms, insurance companies).
  • Assess and test internal control systems to identify control weaknesses and recommend remediation actions.
  • Evaluate compliance with relevant regulations (e.g., AML, KYC, Basel Accords, SOX) and industry best practices.
  • Conduct risk assessments to identify key business risks and develop appropriate audit procedures.
  • Analyze financial data and transaction streams to detect fraud, errors, or irregularities.
  • Prepare detailed audit reports, including findings, conclusions, and practical recommendations for management.
  • Communicate audit results effectively to audit management and business unit leaders.
  • Follow up on the implementation of audit recommendations to ensure timely and effective remediation.
  • Stay current with evolving financial regulations, industry trends, and audit methodologies.
  • Build and maintain strong working relationships with clients and internal stakeholders.
  • Supervise and mentor junior auditors, providing guidance and technical support.
  • Utilize data analytics tools and techniques to enhance audit efficiency and effectiveness.
  • Contribute to the continuous improvement of the internal audit function's processes and methodologies.
  • Maintain strict adherence to professional auditing standards and ethical guidelines.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Professional certification such as CPA, CIA (Certified Internal Auditor), CISA (Certified Information Systems Auditor), or CRISC is highly preferred.
  • Minimum of 6 years of progressive experience in internal audit, external audit, or risk management, with a significant focus on the financial services industry.
  • Thorough understanding of banking operations, investment products, insurance processes, and related regulatory environments.
  • Proficiency in auditing techniques, internal control frameworks (e.g., COSO), and risk assessment methodologies.
  • Experience with data analytics tools (e.g., ACL, IDEA, Python for analytics) is a strong advantage.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong written and verbal communication skills, with the ability to articulate complex findings clearly and concisely.
  • Ability to manage multiple audit projects simultaneously and meet deadlines in a remote setting.
  • Proven ability to work independently and collaborate effectively with remote teams.
  • High level of integrity and professional skepticism.

This fully remote role offers an excellent opportunity to advance your career in financial services auditing with a reputable organization that values expertise and supports professional growth.
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Principal Business Analyst - Financial Services

222 Manama, Capital BHD130000 Annually WhatJobs

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full-time
Our client, a leading financial institution, is seeking a highly skilled Principal Business Analyst to drive critical strategic initiatives within their dynamic operations. This role requires a sophisticated understanding of financial markets, complex business processes, and stakeholder management. You will be instrumental in defining requirements, analyzing data, and recommending solutions that enhance business performance and client services. This position is office-based, offering a collaborative environment for impactful work. Responsibilities:
  • Lead the analysis of complex business needs and translate them into detailed functional and non-functional requirements for technology solutions.
  • Conduct comprehensive gap analyses, identifying areas for process improvement and system enhancements within the financial services sector.
  • Facilitate workshops and meetings with business stakeholders, IT teams, and vendors to gather requirements and ensure alignment.
  • Develop high-level and detailed business process models, use cases, and user stories.
  • Oversee the development and execution of test plans, ensuring that solutions meet business objectives and quality standards.
  • Provide expert guidance and mentorship to junior business analysts and project teams.
  • Analyze financial data, market trends, and regulatory changes to inform business strategy and decision-making.
  • Manage the business analysis lifecycle for large-scale projects, from initiation through to deployment and post-implementation review.
  • Communicate findings, recommendations, and project status effectively to senior management and cross-functional teams.
  • Act as a key liaison between business units and technology departments, ensuring clear understanding and effective collaboration.
  • Contribute to the continuous improvement of business analysis methodologies and best practices within the organization.
Qualifications:
  • Master's degree in Finance, Business Administration, Economics, or a related field.
  • Minimum of 10 years of experience as a Business Analyst, with a significant portion focused on the financial services industry.
  • Proven expertise in business process modeling, requirements elicitation, and documentation.
  • In-depth knowledge of financial products, trading platforms, risk management, and regulatory frameworks (e.g., Basel III, MiFID II).
  • Strong analytical and problem-solving skills with the ability to interpret complex data.
  • Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels.
  • Experience with project management methodologies (Agile, Waterfall).
  • Demonstrated ability to lead and mentor teams.
  • Proficiency in SQL and experience with data visualization tools (e.g., Tableau, Power BI) is highly desirable.
  • Ability to work effectively in a fast-paced, office-based environment in Manama, Capital, BH .
This is an exceptional opportunity for a seasoned professional to make a significant impact in a leading financial institution.
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Senior Business Analyst - Financial Services

22198 Manama, Capital BHD80000 Annually WhatJobs

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full-time
Our client is seeking a highly skilled and experienced Senior Business Analyst to join their core operations team in **Manama, Capital, BH**. This role is critical in bridging the gap between business needs and technology solutions within the financial services sector. You will be responsible for eliciting, analyzing, documenting, and validating business requirements for complex projects, ensuring that solutions align with strategic business objectives and regulatory compliance. This includes working with stakeholders across various departments, such as finance, operations, compliance, and IT, to gather detailed requirements.

Key duties involve conducting process analysis, identifying areas for improvement, and recommending innovative solutions. You will create comprehensive documentation, including functional specifications, use cases, process flows, and data models. The Senior Business Analyst will also play a key role in facilitating User Acceptance Testing (UAT), coordinating with QA teams, and supporting the implementation and deployment of new systems or enhancements. Strong analytical and problem-solving skills are essential, along with the ability to translate complex business needs into clear, actionable technical requirements. Excellent communication, presentation, and stakeholder management skills are paramount to effectively engage with diverse audiences. Experience within the banking, investment, or insurance industries is a significant advantage.

Responsibilities:
  • Elicit, analyze, document, and validate business requirements for financial services projects.
  • Conduct process mapping and analysis to identify areas for improvement and optimization.
  • Develop detailed functional specifications, use cases, user stories, and business process flows.
  • Collaborate with IT development teams to ensure solutions meet business needs.
  • Facilitate and support User Acceptance Testing (UAT) and manage defect resolution.
  • Act as a liaison between business stakeholders and technical teams.
  • Contribute to project planning, risk assessment, and change management activities.
  • Analyze data and generate reports to support business decision-making.
  • Stay current with industry trends, regulatory changes, and best practices in financial services technology.
  • Mentor junior business analysts and contribute to the development of BA best practices.

Qualifications: A Bachelor's degree in Finance, Business Administration, Information Technology, or a related field. A Master's degree or relevant certifications (e.g., CBAP, CFA) are highly desirable. Minimum of 6 years of experience as a Business Analyst, with a strong focus on the financial services industry. Proven experience in requirements gathering, process modeling, and solution design for complex projects (e.g., core banking systems, trading platforms, regulatory reporting). Excellent understanding of financial products, services, and regulatory requirements. Strong analytical, problem-solving, and critical thinking skills. Proficient in business analysis tools and methodologies. Exceptional communication, interpersonal, and presentation skills. Ability to manage multiple projects and stakeholders simultaneously.
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Senior Risk Analyst - Financial Services

1045 Riffa, Southern BHD95000 Annually WhatJobs

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full-time
Our client, a prominent financial institution, is seeking a highly analytical and detail-oriented Senior Risk Analyst to join their dedicated team in **Riffa, Southern, BH**. This role is essential for identifying, assessing, and mitigating various financial and operational risks that could impact the organization. The ideal candidate will have a robust understanding of risk management frameworks, regulatory compliance, and financial modeling. You will be instrumental in developing strategies to safeguard the company's assets and reputation.

Responsibilities:
  • Conduct comprehensive risk assessments across different business units and financial products.
  • Develop and implement quantitative and qualitative risk models to measure and monitor risk exposure.
  • Analyze market trends, economic indicators, and internal data to identify potential risks and opportunities.
  • Monitor compliance with internal policies and external regulatory requirements (e.g., CBB regulations).
  • Prepare detailed risk reports and present findings and recommendations to senior management and relevant committees.
  • Develop and refine risk mitigation strategies and action plans.
  • Collaborate with cross-functional teams, including finance, operations, and compliance, to embed risk management practices.
  • Stay informed about emerging risks and best practices in the financial services industry.
  • Conduct stress testing and scenario analysis to evaluate the impact of adverse events.
  • Assist in the development and maintenance of the company's risk management framework and policies.

Qualifications:
  • Bachelor's or Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
  • Minimum of 5 years of progressive experience in risk management, financial analysis, or a related role within the financial services sector.
  • Strong understanding of various risk types (credit risk, market risk, operational risk, liquidity risk).
  • Proficiency in statistical analysis, financial modeling, and data visualization tools (e.g., Excel, R, Python, SQL).
  • Knowledge of financial regulations and compliance requirements relevant to Bahrain.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong written and verbal communication skills, with the ability to articulate complex risk concepts clearly.
  • Ability to work independently and manage multiple priorities effectively.
  • Professional certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager) are highly desirable.
  • Experience with risk management software platforms.

This on-site position in **Riffa, Southern, BH**, offers a significant opportunity to contribute to the stability and success of a leading financial organization. If you possess strong analytical capabilities and a commitment to robust risk management, we encourage you to apply.
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Recruitment Consultant - Financial Services Specialist

40010 Bilad Al Qadeem, Capital BHD60000 annum + com WhatJobs

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full-time
Our client, a reputable recruitment firm, is looking for a dynamic and client-focused Recruitment Consultant with expertise in the Financial Services sector to join their **Tubli, Capital, BH** office. This is a hybrid role, blending the benefits of remote work with essential in-office collaboration. You will manage the end-to-end recruitment process for high-caliber professionals within banking, insurance, and investment management. Responsibilities include identifying top talent, conducting thorough candidate assessments, building strong relationships with clients, and understanding their unique hiring needs. You will develop and implement effective sourcing strategies, leveraging various platforms and networking to attract qualified candidates. This role demands excellent communication, negotiation, and interpersonal skills, along with a deep understanding of the financial services landscape. You will act as a trusted advisor to both clients and candidates, providing insights on market trends and career development. The ideal candidate will have a proven track record in recruitment, preferably within a specialized financial services context. Strong sales drive, resilience, and a proactive approach are essential. You will be adept at managing a busy workload, prioritizing tasks, and achieving ambitious targets in a fast-paced environment. The ability to work effectively both independently and as part of a collaborative team in a hybrid model is crucial. If you are passionate about connecting talent with opportunities in the financial sector and thrive in a challenging yet rewarding role, we encourage you to apply. This position offers a fantastic opportunity for career growth and professional development within a supportive and forward-thinking organization.
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Senior Strategy Consultant - Financial Services

10755 Southern, Southern BHD160000 Annually WhatJobs

Posted 1 day ago

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full-time
Our client, a premier management consultancy, is seeking a highly accomplished Senior Strategy Consultant with deep expertise in the Financial Services sector. This role, offering a hybrid work arrangement, allows you to work from our office in Nuwaidrat, Southern, BH , while also enjoying remote flexibility. You will play a critical role in advising top-tier financial institutions on navigating market complexities, developing winning strategies, and driving significant business transformation. The ideal candidate possesses a strong analytical toolkit, a profound understanding of financial markets and regulations, and a proven ability to develop and implement impactful strategic solutions.

Responsibilities:
  • Lead client engagements focused on developing and executing corporate strategy, market entry strategies, and growth initiatives within the financial services industry.
  • Conduct in-depth market analysis, competitive intelligence gathering, and financial modeling to inform strategic recommendations.
  • Advise clients on issues such as digital transformation, regulatory compliance, M&A, and operational efficiency improvements.
  • Develop compelling business cases and strategic roadmaps for clients, ensuring alignment with their long-term vision and objectives.
  • Facilitate strategic planning sessions and workshops with senior executives and stakeholders.
  • Manage project teams, ensuring high-quality deliverables and client satisfaction.
  • Identify and cultivate new business opportunities within the financial services sector.
  • Mentor and coach junior consultants, fostering their development and contribution to the team.
  • Stay abreast of industry trends, emerging technologies, and regulatory changes impacting financial institutions.
  • Prepare and present executive-level reports and recommendations, clearly articulating complex insights and strategic guidance.
Qualifications:
  • MBA or advanced degree in Finance, Economics, Business, or a related field from a top-tier institution.
  • Minimum of 8 years of experience in management consulting or a strategic role within the financial services industry.
  • Proven track record of successfully leading and delivering complex strategic projects for financial institutions.
  • In-depth knowledge of banking, insurance, asset management, or fintech sectors.
  • Exceptional analytical, problem-solving, and quantitative skills.
  • Strong understanding of financial markets, regulatory environments (e.g., Basel III, AML), and strategic frameworks.
  • Excellent leadership, communication, and interpersonal skills, with the ability to influence senior stakeholders.
  • Experience with digital transformation, FinTech, and emerging technologies in financial services is highly desirable.
  • Ability to work effectively in a hybrid environment, balancing client needs, office presence, and remote work.
  • Consulting firm experience is strongly preferred.
This is an exceptional opportunity to shape the future of financial services through strategic advisory.
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Junior Business Analyst - Financial Services

21102 Riffa, Southern BHD25 Hourly WhatJobs

Posted 1 day ago

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intern
Our client, a prominent financial institution, is seeking an eager and motivated Junior Business Analyst to join their team. This is an excellent opportunity for a recent graduate or current student to gain hands-on experience in the financial services industry. The successful candidate will support senior analysts and project managers in gathering business requirements, documenting processes, and assisting with the implementation of new financial systems and solutions. This role involves working closely with various business units to understand their needs and translate them into functional specifications. You will be involved in analyzing data, preparing reports, and supporting user acceptance testing (UAT). Strong analytical skills, attention to detail, and a proactive approach are essential for this role.

Key Responsibilities:
  • Assist in gathering and documenting business requirements for new projects and system enhancements.
  • Support the creation of functional specifications, process flows, and use cases.
  • Analyze business data and prepare reports to identify trends and opportunities.
  • Participate in meetings with stakeholders to understand business needs and challenges.
  • Assist in the planning and execution of user acceptance testing (UAT).
  • Help to identify and resolve issues related to system implementation and functionality.
  • Contribute to the development of training materials for end-users.
  • Collaborate with IT and business teams to ensure successful project delivery.
  • Maintain project documentation and ensure it is up-to-date.
  • Learn and apply industry best practices in business analysis and financial services.

Qualifications:
  • Currently pursuing or recently completed a Bachelor's degree in Business Administration, Finance, Economics, Information Systems, or a related field.
  • Strong analytical and problem-solving skills.
  • Excellent written and verbal communication abilities.
  • Proficiency in Microsoft Office Suite, particularly Excel and Word.
  • A keen interest in the financial services industry.
  • Ability to work effectively in a team environment.
  • High level of attention to detail and accuracy.
  • Eagerness to learn and develop new skills.
  • Previous internship or project experience is a plus.

This role is based in the office in Riffa, Southern, BH . We offer a supportive and challenging environment where you can grow your career. If you are a driven individual looking to kick-start your career in financial services as a Business Analyst, we encourage you to apply.
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Senior Strategy Consultant - Financial Services

7001 Riffa, Southern BHD115000 Annually WhatJobs

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full-time
Our client, a premier management consulting firm, is actively seeking a Senior Strategy Consultant with specialized expertise in the Financial Services sector. This role, situated in Riffa, Southern, BH , will focus on advising leading financial institutions on their most critical strategic challenges and opportunities. Responsibilities include conducting market analysis, identifying competitive advantages, developing growth strategies, and advising on digital transformation, operational efficiency, and risk management within the financial services landscape. You will be responsible for leading client engagements, managing project teams, developing insightful recommendations, and ensuring the successful implementation of strategic initiatives. Building and nurturing strong client relationships at senior executive levels is a core aspect of this role. The ideal candidate will possess a Master's degree or MBA from a reputable institution, complemented by at least 7 years of progressive experience in strategy consulting, with a significant focus on financial services. A deep understanding of banking, insurance, or capital markets is essential, along with strong analytical, problem-solving, and communication skills. The ability to translate complex business issues into actionable strategies and present them effectively to C-suite executives is crucial. Experience in areas such as FinTech, regulatory compliance, or customer experience strategy is highly advantageous. This is an exceptional opportunity to shape the future of major financial institutions and drive significant business impact, while working in a collaborative hybrid environment.
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