What Jobs are available for Fraud Prevention in Bahrain?
Showing 251 Fraud Prevention jobs in Bahrain
Anti-Money Laundering Officer
BHD40000 - BHD60000 Y
Wello
Posted today
Job Viewed
Job Description
Job Title
: Money Laundering Reporting Officer (MLRO)
Location
: Manama, Bahrain
Employment Type
: Full-time
About Wello:
Wello is a Web3-enabled fintech company on a mission to redefine global payments and
remittances. By combining self-custody wallets, compliant fiat ramps, and stablecoin-based
infrastructure, we're building a faster, cheaper, and more inclusive way to move money
across borders. As we expand into the Middle East, our Bahrain entity will serve as a
strategic hub for regional operations and regulatory licensing.
Position Overview:
We are seeking a highly skilled and motivated Money Laundering Reporting Officer (MLRO)
for Wello Bahrain. The MLRO will be instrumental in ensuring the company's adherence to
Bahrain's anti-money laundering (AML) and counter-terrorism financing (CTF) regulatory
obligations as prescribed by the Central Bank of Bahrain (CBB). The successful candidate
must possess strong knowledge of local AML/CTF frameworks and have a proven track
record of implementing and managing compliance programs within the financial services
sector.
Key Responsibilities:
● Develop, implement, and maintain a robust AML/CTF compliance framework in line with Bahrain's CBB Rulebook, including regular risk assessments and control enhancements.
● Serve as the designated reporting officer for suspicious transaction reports (STRs) and ensure timely and accurate filing with the Financial Intelligence Directorate (FID)of Bahrain.
● Lead internal AML/CTF investigations and oversee the resolution and documentation of any identified compliance issues.
● Provide AML/CTF training to relevant staff and ensure ongoing education in line with the latest regulatory updates and typologies.
● Monitor transactions, customer activity, and account behavior to identify potential risks and ensure effective application of the risk-based approach.
● Conduct internal audits and compliance reviews to assess the effectiveness of AML controls and identify improvement opportunities.
● Maintain professional relationships and communications with the Central Bank of Bahrain and other competent authorities regarding AML/CTF compliance.
● Assist with customer due diligence (CDD), enhanced due diligence (EDD), and onboarding reviews to ensure regulatory alignment.
Qualifications and Skills:
● Bachelor's degree in Law, Finance, Business Administration, or a related discipline. CAMS or equivalent certification preferred.
● Minimum 2 years of experience in an AML/CTF compliance role, ideally in Bahrain or within the GCC region.
● Strong understanding of Bahrain's AML/CTF laws, CBB Rulebook Volume 6 (Capital Markets) and Volume 5 (Specialized Licensees), and FATF recommendations.
● Demonstrated ability to lead risk assessments and investigations with a high degree of diligence and confidentiality.
● Knowledge and experiences of cross-border payments and remittance business is a big plus.
● Exceptional communication, training, and stakeholder engagement skills.
● Fluency in English is required; proficiency in Arabic is highly desirable.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
0
Quantitative Analyst (Risk Management)
317 Amwaj Islands
BHD100000 Annually
WhatJobs
Posted 1 day ago
Job Viewed
Job Description
Our client, a prestigious financial institution, is seeking a highly analytical and detail-oriented Quantitative Analyst to join their fully remote Risk Management team. This role is critical in developing and implementing sophisticated financial models to assess and manage market risk, credit risk, and operational risk. As a remote-first professional, you will work closely with traders, portfolio managers, and risk officers to provide crucial insights and support strategic decision-making. Your responsibilities will include designing, testing, and validating complex pricing and risk models, performing sensitivity analysis, and contributing to regulatory reporting requirements. You will also be involved in developing new risk metrics and methodologies to enhance the firm's risk management framework. The ideal candidate will possess a strong academic background in a quantitative field such as Mathematics, Statistics, Physics, or Finance, coupled with extensive experience in financial modeling and risk analysis. Proficiency in programming languages like Python, R, or C++ is essential, as is a deep understanding of financial markets and instruments. You should be adept at using statistical software and have a proven ability to handle large datasets. This is an exceptional opportunity to leverage your quantitative skills in a challenging and rewarding remote environment, contributing directly to the financial health and stability of the organization. We are looking for an individual who is a proactive problem-solver, capable of working independently and collaborating effectively within a distributed team. Excellent communication skills are necessary to articulate complex findings to non-technical audiences. Experience with financial regulations (e.g., Basel III) and familiarity with machine learning techniques applied to finance are highly desirable. Join us to make a significant impact on risk management practices within the financial sector.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
1
Senior Actuary - Risk Management
70001 Zallaq, Southern
BHD160000 Annually
WhatJobs
Posted 7 days ago
Job Viewed
Job Description
Our client is seeking a highly analytical and experienced Senior Actuary specializing in Risk Management to join their esteemed team in Zallaq, Southern, BH . This hybrid role offers a dynamic work environment, combining essential in-office collaboration for strategic planning and team synergy with remote work flexibility for focused analysis and modeling. You will play a pivotal role in assessing and managing financial risks, developing pricing models, and ensuring the financial solvency of insurance products. The ideal candidate will have a strong track record of actuarial work, with a Fellow of the Actuarial Society (or equivalent) designation and at least 7 years of progressive experience in the insurance industry. Expertise in actuarial modeling software (e.g., Prophet, GGY Axis), statistical analysis, and programming languages such as R or Python is essential. You will be responsible for conducting complex actuarial studies, interpreting regulatory requirements, and communicating findings to senior management and stakeholders. Key responsibilities include reserving, pricing, capital modeling, and product development analysis. Strong leadership and mentorship skills are required to guide junior actuaries and contribute to team development. Excellent communication and presentation skills are vital for explaining intricate actuarial concepts to non-technical audiences. We are looking for an individual with a deep understanding of insurance products, market dynamics, and risk management principles. The ability to identify emerging risks and develop proactive mitigation strategies is crucial. This role demands a rigorous, detail-oriented approach and a commitment to maintaining the highest professional standards.
Location: Zallaq, Southern, BH
Location: Zallaq, Southern, BH
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
2
Actuarial Analyst - Risk Management
2030 Galali
BHD85000 Annually
WhatJobs
Posted 9 days ago
Job Viewed
Job Description
Our client, a prominent insurance provider, is looking for a talented Actuarial Analyst to join their dynamic Risk Management department in **Sanad, Capital, BH**. This role is crucial in assessing and quantifying financial risks associated with insurance products and operations. You will be responsible for developing and implementing sophisticated mathematical models to predict potential losses, set pricing strategies, and ensure the financial solvency of the company. Key responsibilities include performing actuarial valuations, analyzing large datasets to identify trends and patterns, and generating comprehensive reports for senior management. The role requires a deep understanding of statistical methods, probability theory, and financial mathematics. You will work closely with underwriting, claims, and product development teams to provide actuarial insights that support strategic decision-making. A significant part of your role will involve staying abreast of regulatory changes and industry best practices to ensure compliance and maintain a competitive edge. The successful candidate will have experience in using actuarial software and programming languages to perform complex calculations and simulations. You will also be involved in the development of new insurance products, performing feasibility studies and risk assessments. This position offers the chance to work on challenging projects, contributing directly to the company's profitability and stability. A proactive attitude, strong analytical skills, and excellent communication abilities are essential. The ability to explain complex actuarial concepts to non-technical audiences will be highly valued. This hybrid role allows for a balance between in-office collaboration and remote work flexibility, fostering productivity and employee well-being. You will be expected to contribute to a culture of continuous learning and professional development within the actuarial team. Our client is committed to providing a supportive work environment where your contributions are recognized and valued. This is an excellent opportunity for an ambitious actuary to advance their career in a leading insurance firm.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
3
Senior Risk Management Specialist
206 Seef, Capital
BHD75000 Annually
WhatJobs
Posted 9 days ago
Job Viewed
Job Description
Our client, a prominent financial institution, is seeking a highly skilled and experienced Senior Risk Management Specialist to join our team in Seef, Capital, BH . This role offers a hybrid work model, combining the benefits of remote flexibility with essential in-office collaboration. The specialist will be instrumental in identifying, assessing, and mitigating a wide range of risks across the organization, ensuring compliance with regulatory requirements and safeguarding the company's assets and reputation. This position demands a proactive approach to risk management, a deep understanding of financial markets, and the ability to develop and implement effective risk mitigation strategies.
Responsibilities include:
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 .
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 .
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
4
Senior Risk Management Analyst
BH-315 Tubli
BHD90000 Annually
WhatJobs
Posted 11 days ago
Job Viewed
Job Description
Our client, a distinguished financial institution, is seeking a highly analytical Senior Risk Management Analyst to join their established team in Isa Town, Southern, BH . This role is crucial for identifying, assessing, and mitigating various risks across the organization, ensuring compliance with regulatory requirements and safeguarding the institution's financial health. The successful candidate will be responsible for developing and implementing risk management frameworks, conducting thorough risk assessments, and providing strategic insights to senior management.
Responsibilities:
Responsibilities:
- Identify, analyze, and monitor financial, operational, strategic, and compliance risks across the organization.
- Develop and implement robust risk management frameworks, policies, and procedures.
- Conduct comprehensive risk assessments and stress tests, evaluating potential impacts and likelihoods.
- Design and implement key risk indicators (KRIs) and control monitoring activities.
- Prepare detailed risk reports and presentations for senior management, the board of directors, and regulatory bodies.
- Ensure adherence to all relevant regulatory requirements and industry best practices.
- Collaborate with various departments to embed a strong risk culture throughout the organization.
- Develop and deliver risk management training programs to employees at all levels.
- Investigate and report on risk incidents, recommending and implementing corrective actions.
- Stay abreast of evolving regulatory landscapes and industry risk trends.
- Utilize risk management software and tools to support analysis and reporting.
- Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field. A Master's degree or relevant professional certification (e.g., FRM, PRM, CFA) is highly desirable.
- Minimum of 5 years of progressive experience in risk management, internal audit, or a related field within the banking and finance sector.
- In-depth knowledge of financial markets, banking operations, and regulatory frameworks (e.g., Basel Accords).
- Strong analytical, quantitative, and problem-solving skills, with a keen attention to detail.
- Proficiency in risk modeling techniques and statistical analysis.
- Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely.
- Experience with risk management software and data analysis tools.
- Ability to work effectively both independently and as part of a team.
- Strong understanding of corporate governance and internal controls.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
5
Senior Risk Management Consultant
445 Southern, Southern
BHD90 Hourly
WhatJobs
Posted 12 days ago
Job Viewed
Job Description
Our client is seeking an experienced Senior Risk Management Consultant to join their fully remote advisory team. This critical role focuses on identifying, assessing, and mitigating risks for a diverse range of clients across various industries. You will be responsible for developing robust risk management frameworks, conducting comprehensive risk assessments, and implementing effective control measures. The ideal candidate will possess a strong understanding of financial regulations, enterprise risk management (ERM) principles, and various risk assessment methodologies. Exceptional analytical, problem-solving, and communication skills are essential, as you will be interacting directly with client stakeholders at all levels.
Key Responsibilities:
Key Responsibilities:
- Develop and implement tailored risk management strategies and frameworks for clients.
- Conduct in-depth risk assessments, including qualitative and quantitative analyses, to identify potential threats and vulnerabilities.
- Evaluate the effectiveness of existing internal controls and recommend enhancements.
- Develop and deliver risk management training programs to client personnel.
- Advise clients on regulatory compliance related to risk management.
- Prepare detailed risk reports, presentations, and recommendations for senior management.
- Collaborate with client teams to implement risk mitigation plans and monitor their progress.
- Stay abreast of emerging risks, industry best practices, and regulatory changes.
- Utilize various risk management tools and software to support analysis and reporting.
- Foster strong client relationships, acting as a trusted advisor on risk-related matters.
- Contribute to the development of the firm's risk management service offerings.
- Lead project teams and manage multiple client engagements concurrently.
- Perform post-implementation reviews to ensure the sustained effectiveness of risk controls.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
Be The First To Know
About the latest Fraud prevention Jobs in Bahrain !
6
Actuarial Analyst - Risk Management
311 Halat Seltah, Muharraq
BHD70000 Annually
WhatJobs
Posted 15 days ago
Job Viewed
Job Description
Our client, a prominent insurance provider, is looking for a meticulous and analytically strong Actuarial Analyst to join their dynamic Risk Management department. This role is essential in assessing and quantifying financial risks associated with insurance products and business operations. The successful candidate will be instrumental in developing and maintaining actuarial models, performing complex calculations, and providing critical insights to support strategic decision-making. Your core responsibilities will involve analyzing mortality, morbidity, and lapse rates, calculating reserves and pricing for various insurance policies, and contributing to product development. You will also be involved in testing and validating actuarial models, ensuring their accuracy and compliance with regulatory requirements. A key aspect of this role is collaborating with underwriting, claims, and finance departments to provide actuarial support and communicate complex findings in a clear and understandable manner. We are seeking an individual with a strong foundation in actuarial science, excellent quantitative and statistical skills, and proficiency in actuarial software and programming languages (e.g., Python, R, SQL). A commitment to professional development and progression towards actuarial qualifications is highly valued. This position is based in **Jidhafs, Capital, BH**, offering a flexible work environment with a hybrid model, allowing for both office-based collaboration and remote work. This is an excellent opportunity for a motivated individual to contribute significantly to the financial health and strategic direction of our client.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
7
Senior Risk Management Analyst
2203 Manama, Capital
BHD85000 Annually
WhatJobs
Posted 16 days ago
Job Viewed
Job Description
Our client, a reputable insurance provider, is seeking a highly analytical and detail-oriented Senior Risk Management Analyst to join their team in Manama. This role is crucial for identifying, assessing, and mitigating potential risks across the organization, ensuring financial stability and regulatory compliance. The successful candidate will be responsible for developing and implementing robust risk management frameworks, conducting in-depth analyses of insurance portfolios, and providing strategic recommendations to senior management. This is an on-site position that offers significant opportunities for professional growth within a stable and dynamic industry.
Responsibilities:
Qualifications:
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.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
8
Senior Risk Management Analyst
10001 Seef, Capital
BHD85000 Annually
WhatJobs
Posted 16 days ago
Job Viewed
Job Description
Our client, a leading entity in the insurance sector, is seeking a highly analytical and detail-oriented Senior Risk Management Analyst to join our dedicated team. This critical role will involve identifying, assessing, and mitigating various risks across the organization, ensuring financial stability and regulatory compliance. You will be instrumental in developing and implementing robust risk management frameworks and strategies that protect the company’s assets and reputation. The ideal candidate will possess a deep understanding of insurance operations and financial markets, combined with strong quantitative and qualitative analytical skills.
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:
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.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
9