50 Internal Audit jobs in Bahrain

• Develop and implement the annual internal audit plan based on risk assessments and organizational priorities.
• Lead and supervise audit engagements, including planning, fieldwork, and reporting, in accordance with professional standards.
• Evaluate the design and operating effectiveness of internal controls related to financial reporting, operations, and compliance.
• Conduct risk assessments and identify key risks and control weaknesses across various business units.
• Prepare detailed audit reports that clearly articulate findings, assess root causes, and provide practical, actionable recommendations.
• Follow up on the implementation of audit recommendations by management to ensure timely and effective remediation.
• Stay updated on relevant laws, regulations, and industry best practices to ensure compliance and inform audit procedures.
• Build and maintain strong relationships with stakeholders across the organization, including senior management.
• Mentor and develop the internal audit team, fostering a high-performance culture and professional growth.
• Communicate audit results and recommendations effectively to the Audit Committee and senior leadership.

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification such as CIA (Certified Internal Auditor), CPA, or equivalent is mandatory.
• A minimum of 7 years of experience in internal audit, external audit, or a related risk management field, with at least 2 years in a management or supervisory role.
• Strong understanding of internal control frameworks (e.g., COSO) and risk management principles.
• Proficiency in audit software and data analytics tools is highly preferred.
• In-depth knowledge of relevant financial regulations and compliance requirements.
• Excellent analytical, critical thinking, and problem-solving skills.
• Exceptional report writing and presentation skills.
• Proven leadership and team management capabilities.
• High level of integrity, objectivity, and professional skepticism.

We're Hiring: Risk Management Analyst

Location: Bahrain |Investment Sector |3–5 Years’ Experience

On behalf of one of our leading clients in Bahrain, we’re seeking a detail-orientedRisk Management Analyst to join a high-performing investment team. Reporting to the Chief Audit Officer, the ideal candidate will have experience in risk modelling, portfolio analysis, and cross-functional collaboration.

Key Responsibilities:

• Analyse market, credit, operational & liquidity risks
• Conduct stress testing and scenario analysis
• Develop and maintain risk models (e.g., VaR, Monte Carlo)
• Collaborate with audit, investment, and finance teams
• Support scenario analysis and regulatory compliance efforts
• Support internal/external audits and reporting

Skills

What You’ll Need:

• Degree in Finance, Economics, Mathematics, Statistics, or related field
• 3–5 years of relevant experience in risk, investment, or financial analysis
• Proficiency in Excel and risk assessment tools
• Knowledge of capital markets, regulatory frameworks (e.g. MiFID, DORA), and investment strategies
• CFA, FRM, or ACCA certification is an advantage
• Fluent in Arabic and English (spoken and written)

Interested candidates can send their CV

Feel free to share or tag someone who fits this profile!

Full Time

Knowledge in Finance and Accounting

Knowledge in reporting experience in systems like Excel and other MS Office applications

Experience: 1 - 3 years

• Conduct portfolio analytics and deep dives into the portfolio.
• Regulatory and Management Reporting
• Attention to detail and a commitment to accuracy and quality.
• Strong analytic capabilities.
• Problem solving skills
• Able to effectively work in a closely knit team.

• Risk Analysis
• Risk Assessment
• Spreadsheet Preparation
• Presentation Preparation
• Data Access and Reporting

• Identify and assess potential risks across various business operations.
• Develop and implement risk management strategies and frameworks.
• Conduct risk assessments, audits, and compliance checks.
• Analyze financial data and operational processes to identify vulnerabilities.
• Develop and implement risk mitigation plans and control measures.
• Monitor the effectiveness of risk management strategies.
• Prepare risk reports and present findings to senior management.
• Ensure compliance with relevant industry regulations and standards.

In security risk management we're looking to harness the power of industry best practice combined with driving new innovation on how we do security risk assessments and modelling. Our security risk management team is the primary owner of the strategy and practices of how we identify, track and reduce our security risk across everything we do.

To support this we need to use industry best practices paired with emerging threat information to promote risk identification, quantification, impact analysis, and modelling to ultimately drive decision making. In this role, you will help establish and execute a broad strategic vision for the security risk program at Canonical. You will not only work within the team but also cross-functionally with various teams across the organisation. The team contributes ideas and requirements for Canonical product security, improving the resilience and robustness of all Ubuntu customers and users subject to cyber attacks. Additionally, the team collaborates with our Organisational Learning and Development team to develop playbooks and facilitate security training across Canonical.

The security risk management team's mission is not only to secure Canonical, but also to contribute to the security of the wider open source ecosystem. They might share knowledge through public presentations and industry events, and share threat intelligence with the wider community or represent Canonical in sector-specific governance bodies.

• Define Canonical's security risk management standards and playbooks
• Analyse and improve Canonical's security risk practices
• Evaluate, select and implement new security requirements, tools and practices
• Grow the presence and thought leadership of Canonical security risk management practice
• Develop Canonical security risk learning and development materials
• Work with Security leadership to present information and influence change
• Participate in developing key risk indicators, provide inputs to the development of key control indicators, and key performance indicators for various programs
• Apply statistical models to risk frameworks (such as FAIR, sensitivity analysis, and others)
• Participate in risk management, decision-making, and collaborative discussions
• Lead quantified risk assessments and understand the value of qualitative data for improvements to quality and engineering processes
• Interpret internal or external cyber security risk analyses in business terms and recommend a responsible course of action
• Develop templates and materials to help with self-service risk management actions
• Monitor and identify opportunities to improve the effectiveness of risk management processes
• Launch campaigns to perform security assessments and help mitigate security risks across the company
• Build evaluation methods and performance indicators to measure efficiency of security functions and capabilities.

• An exceptional academic track record
• Undergraduate degree in Computer Science or STEM, or a compelling narrative about your alternative path
• Drive and a track record of going above-and-beyond expectations
• Deep personal motivation to be at the forefront of technology security
• Leadership and management ability
• Excellent business English writing and presentation skills
• Problem-solver with excellent communication skills, a deep technical understanding of security assessments and risk management
• Expertise in threat modelling and risk management frameworks
• Broad knowledge of how to operationalize the management of security risk
• Experience in Secure Development Lifecycle and Security by Design methodology

We consider geographical location, experience, and performance in shaping compensation worldwide. We revisit compensation annually (and more often for graduates and associates) to ensure we recognise outstanding performance. In addition to base pay, we offer a performance-driven annual bonus. We provide all team members with additional benefits, which reflect our values and ideals. We balance our programs to meet local needs and ensure fairness globally.

• Distributed work environment with twice-yearly team sprints in person
• Personal learning and development budget of USD 2,000 per year
• Annual compensation review
• Recognition rewards
• Annual holiday leave
• Maternity and paternity leave
• Employee Assistance Programme
• Opportunity to travel to new locations to meet colleagues
• Priority Pass, and travel upgrades for long haul company events

Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open source projects and the platform for AI, IoT and the cloud, we are changing the world on a daily basis. We recruit on a global basis and set a very high standard for people joining the company. We expect excellence - in order to succeed, we need to be the best at what we do. Canonical has been a remote-first company since its inception in 2004. Working here is a step into the future, and will challenge you to think differently, work smarter, learn new skills, and raise your game.

Canonical is an equal opportunity employer. We are proud to foster a workplace free from discrimination. Diversity of experience, perspectives, and background create a better work environment and better products. Whatever your identity, we will give your application fair consideration.

• Develop, implement, and maintain the bank's enterprise-wide risk management framework.
• Conduct comprehensive risk assessments, including credit risk, market risk, operational risk, liquidity risk, and strategic risk.
• Monitor and analyze the bank's risk profile, identifying emerging risks and developing mitigation strategies.
• Ensure compliance with all relevant banking regulations and supervisory requirements.
• Develop and implement risk policies, procedures, and controls.
• Prepare risk reports for senior management, the Board of Directors, and regulatory authorities.
• Lead stress testing and scenario analysis exercises to evaluate the bank's resilience.
• Collaborate with business units to embed a strong risk culture and promote risk awareness throughout the organization.
• Manage relationships with external auditors and regulatory bodies on risk-related matters.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Mentor and guide junior risk analysts, fostering professional development.

• Master's degree in Finance, Economics, Statistics, or a related quantitative field; MBA or relevant professional certification (e.g., FRM, PRM) is highly desirable.
• Minimum of 7-10 years of experience in risk management within the banking or financial services sector.
• Proven expertise in various risk management disciplines, including credit, market, operational, and liquidity risk.
• In-depth knowledge of banking regulations (e.g., Basel Accords) and supervisory expectations.
• Strong analytical and quantitative skills, with proficiency in statistical modeling and data analysis tools.
• Excellent report writing and presentation skills, with the ability to communicate complex risk issues clearly.
• Experience with risk management software and systems.
• Strong understanding of financial markets and instruments.
• Strategic thinking and the ability to proactively identify and address potential risks.
• High level of integrity and ethical conduct.
• Experience in leading risk assessment projects and teams.

• Conducting comprehensive risk assessments across various business functions and processes.
• Developing and implementing risk management policies, procedures, and frameworks.
• Monitoring and analyzing key risk indicators (KRIs) and ensuring adherence to risk appetite.
• Identifying potential risks, evaluating their impact, and proposing mitigation strategies.
• Ensuring compliance with relevant industry regulations and standards.
• Collaborating with business units to embed a strong risk culture throughout the organization.
• Preparing and presenting risk reports to senior management and stakeholders.
• Developing and conducting risk management training programs.
• Investigating and reporting on risk incidents and near misses.
• Staying updated on emerging risks and best practices in risk management.

• Develop, implement, and maintain the company's risk management framework and policies.
• Conduct comprehensive risk assessments, identifying potential threats and vulnerabilities across all business operations.
• Analyze risk data to identify trends, patterns, and potential areas of concern.
• Develop and implement strategies to mitigate identified risks, including insurance programs, internal controls, and business continuity plans.
• Monitor the effectiveness of risk mitigation strategies and recommend adjustments as needed.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Collaborate with departmental heads to ensure risk management principles are integrated into business processes.
• Stay informed about industry best practices, regulatory changes, and emerging risks relevant to the insurance sector.
• Conduct training sessions for employees on risk awareness and management procedures.
• Manage and maintain the company's risk register.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5 years of experience in risk management, preferably within the insurance industry.
• Proven experience in developing and implementing risk management frameworks.
• Strong understanding of quantitative and qualitative risk assessment methodologies.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Proficiency in risk management software and tools.
• Knowledge of relevant regulatory requirements and compliance standards.
• Exceptional written and verbal communication skills.
• Professional certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) are highly preferred.
• Ability to work independently and as part of a team.