53 Project Controls jobs in Bahrain
Lead Project Controls Engineer
Posted 6 days ago
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Business Line
Grid Systems Integration
Reports to
PC Hub Leader
Responsibilities and Accountabilities
Overall
Scheduling
- Ensure compliance to Global Standards for planning
- Builds tender integrated schedules using the established tools and processes and challenges the team to ensure schedule risk is managed with a balance of competitive offering aligned to historical performance
- Builds and maintain the single project schedule representing the entire project by integrating inputs from all functions, units and third parties contributing to the project
- Ensure proper linkages in schedule to show all interdependencies between contributing parties
- Ensure functional owners sign off on commitments and are made accountable for their date
- Works collaboratively with other overall project planning team to ensure optimal alignment of schedule with overall schedule
- Delivers a high-quality schedule aligned with global standards to ensure project is accurately represented
- Maintains schedule thru the entire project obtaining inputs from all project contributors
- Drives regular operating rhythm with project team to review schedule status and operating rhythm
- Challenges functional owners on forecast completion dates to ensure dates are realistic
- Provides schedule analysis to forecast schedule risk and opportunities using available tools and experience
- Provides look ahead, backlog and future late reporting with prioritizations to clearly communicate potential and real risk and drive the project priorities
- Generates “what if” scenarios to optimize execution and works with project teams to evaluate feasibility
- Provides strategies to mitigate risks
- Drives functional owners to mitigate risks and follows up with functional owners on risk mitigation actions
- Collaborate with 3rd parties on project schedules and cost
- Provides and communicate regular status reporting
Cost Controlling
- Ensure the project cost are managed with global standard tools and processes
- Reviews project schedule and progress to identify cost risks and opportunities
- Reviews project scope evolution to identify cost risk and opportunities
- Reviews functional execution and events to identify cost risks and opportunities
- Provides cost analytics using project information and analysing cost and productivity trends
- Support PM to align project budgets to as sold in appropriate systems
- Own and drive the Budget Deviation Process with tools
- Drives a regular cost operating rhythm to discussion risk and opportunities
- Develops cost forecasts based on functional input and analytics, challenges functional estimates where needed
- Checks and controls cost movements, compares with current scope and progress as well as with previous forecast. Also Compares with productivity factors and validates accuracy of estimates
- Communicates cost status/forecasts/risk to functional cost owners and drives/supports risk mitigation
- Presents all financial data in a transparent way, attends project and management review to present cost status and actions
- Aligns with Finance Controller to ensure reconciliation takes place between approved project financial data and books.
- Provide time based cost forecasts to support revenue recognition
- Analyze all the risks and opportunities communicate clearly priorities and potential impacts
- Support change order analysis
- Support claim preparations
- Ensure quality of the project controlling reporting
- Ensure accuracy of cost budgets, actuals, and forecasting
- Ensure collaboration with functional cost owners to find strategies to reduce cost
- Ensure Alignment to established standards (WBS, process, procedures, tools usage)
Quality & Lean
- Comply with Quality Procedures, work instructions and Processes at GSI level and Project Controls Function
- Report or resolve any non-conformances and process in a timely manner
- Identify areas of opportunity for standardization / optimization and where possible participate in a Kaizen or similar lean event to implement any identified improvements
EHS
- Demonstrate commitment to safety through participation in formal and informal discussions
- Adhere to all safe working procedures in accordance with instructions
- Ensure safety work instructions are complied
- Participate in the resolution of safety issues.
- Initiate actions to improve health and safety where needed
Performance Measurement
- Schedule quality
- Cost forecasting quality
- Schedule forecast quality
- Cost and schedule performance of project
- Timeliness of reporting
Qualifications & Experience
Educational Requirements
Degree qualified in engineering (with financial training)
Desired Knowledge & Experience
5+ years planning large turnkey projects
2+ projects providing cost controlling on large turnkey projects
Lead planner on 2+ turnkey projects
Knowledge of cost control function on large complex turnkey projects
Knowledge of forensic analysis on large complex turnkey projects
#J-18808-LjbffrRISK MANAGEMENT (FINANCE)
Posted 6 days ago
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Full Time
Knowledge in Finance and Accounting
Knowledge in reporting experience in systems like Excel and other MS Office applications
Experience: 1 - 3 years
Job Responsibilities- 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
Risk Management Specialist
Posted 4 days ago
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Job Description
Key Responsibilities:
- 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.
Financial Analyst - Risk Management
Posted today
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Senior Risk Management Officer
Posted today
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Job Description
Key Responsibilities:
- 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.
Qualifications:
- 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.
Senior Risk Management Analyst
Posted 2 days ago
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Senior Risk Management Analyst
Posted 4 days ago
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Job Description
Our client, a leading financial services firm, is looking for a diligent and analytical Senior Risk Management Analyst. This role is crucial for identifying, assessing, and mitigating potential risks across the organization, ensuring compliance with regulatory requirements and safeguarding the company's financial health. The ideal candidate will possess a strong understanding of risk management principles, excellent analytical skills, and a proven ability to develop and implement effective risk control frameworks. You will be responsible for conducting comprehensive risk assessments, developing risk mitigation strategies, monitoring risk exposures, and preparing detailed reports for senior management and regulatory bodies. This position requires a meticulous approach, a keen eye for detail, and the ability to work independently as well as collaboratively within a team environment.
Key Responsibilities:
- 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.
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Senior Risk Management Specialist
Posted 12 days ago
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Job Description
Key Responsibilities:
- 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.
Qualifications:
- 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.
Senior Quantitative Analyst - Risk Management
Posted today
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Senior Quantitative Analyst - Risk Management
Posted today
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Job Description
- Develop, implement, and validate complex quantitative models for market risk, credit risk, and operational risk.
- Perform rigorous backtesting and sensitivity analysis on existing models.
- Utilize statistical software and programming languages (e.g., Python, R, C++) for data analysis and model development.
- Collaborate with trading desks, portfolio managers, and risk managers to understand their needs and provide quantitative solutions.
- Prepare detailed reports and presentations on model performance and risk assessments for senior management.
- Ensure compliance with regulatory requirements and internal policies related to model risk management.
- Contribute to the enhancement of data infrastructure and analytical tools.
- Stay abreast of industry best practices, regulatory changes, and emerging quantitative techniques.
- Mentor junior analysts and contribute to the team's technical expertise.
- Contribute to the development of pricing models for complex financial instruments.
- Master's or Ph.D. in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or Economics.
- Minimum of 5 years of experience in quantitative analysis or a related role within the financial services industry.
- Strong proficiency in statistical modeling, time series analysis, and machine learning techniques.
- Expertise in programming languages like Python, R, and/or C++.
- Familiarity with financial markets, derivative pricing, and risk management frameworks.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and presentation skills, with the ability to explain complex concepts clearly.
- Experience with financial databases and data manipulation tools.
- Knowledge of regulatory requirements (e.g., Basel III, CCAR) is a plus.