What Jobs are available for Risk Analytics in Bahrain?

Company Description Job Description

VAM Systems is currently looking for Risk Analytics Specialist for our Bahrain operations with the following skillsets & terms and conditions:

Academic Qualification: Bachelor's Degree – Finance

Experience and Skills required

• Monitor Risk Parameters as per Board approved Risk Framework.
• Update procedures related to Credit Risk, Impaired Assets and Provisioning.
• Timely and accurate submission of Risk MIS to Management (e.g.: Risk Exposure Reports, Criticized Asset Report, Weekly Credit Risk Report), Regulators (e.g.: Connected Counterparty Report, CBB report, Prudential Information Report (PIR), Largest Countries, Largest Exposure, Sanctioned Countries) & other internal and external stakeholders (e.g.: Financial notes, Pillar III) agencies (e.g.: Rating Agencies, UNEP FI) and Risk MIS to KFH Group (BSAP, IBSM, RRP, Financial Receivables Disclosure, Analytical Report etc.
• Maintenance and update of risk data in the Enterprise Data Warehouse (EDW) and IFRS 9 systems.
• Risk policies and procedures
• Coordinate with Finance in the ECL entries, NPL budgets & forecasts.
• Liaising with the Internal, External Auditors, Regulators.
• Execute automation of all risk dashboards and reporting Group-wide.

Competencies:

• Technical Competencies such as Data Analysis, Risk Quantification, Programing Languages & tools
• (SAS, SQL, Power BI etc.), Data Management (Experience Working with Large Dataset, Classification, Clustering)
• Risk Management Competence such as Risk Frameworks and Regulation, Understanding the various types of risks and their impact on FI, ability to understand the organization's risk appetite.
• Analytical Competence- Strong analytical and problem-solving Skills.
• Behavioral Competencies - Excellent written and verbal communication skills with strong interpersonal skills to work closely with corm functional teams including finance, compliance, and IT.
• MIS Reporting – Strong Reporting Skills which provide insights into portfolio risk dynamics.

Domain: Bank

Terms and conditions

Joining time frame: days)

Additional Information

Terms and conditions:

Joining time frame: maximum 4 weeks

• Identify, assess, and monitor financial risks (market, credit, operational, liquidity).
• Develop, implement, and validate risk models and methodologies.
• Analyze financial data and market trends to evaluate risk exposures.
• Perform stress testing and scenario analysis to assess the impact of adverse events.
• Monitor risk limits and compliance with regulatory requirements.
• Prepare comprehensive risk reports and present findings to senior management.
• Contribute to the development and refinement of risk management policies and procedures.
• Collaborate with various business units to ensure effective risk management integration.
• Stay abreast of regulatory changes and industry best practices in risk management.
• Support internal and external audits related to risk management.

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Minimum of 4 years of experience in financial risk management.
• Strong understanding of financial markets, instruments, and risk principles.
• Proficiency in financial modeling, statistical analysis, and risk management software.
• Excellent analytical, problem-solving, and quantitative skills.
• Ability to work independently and manage complex projects in a remote environment.
• Strong communication and presentation skills.
• Experience with regulatory frameworks (e.g., Basel Accords) is a plus.
• Relevant professional certifications (FRM, CFA) are highly desirable.

• Develop and implement comprehensive financial risk management policies and procedures.
• Identify, assess, and monitor credit risk, market risk, operational risk, and liquidity risk exposures.
• Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions.
• Develop and maintain risk models and reporting frameworks.
• Ensure compliance with all relevant regulatory requirements (e.g., Basel III, local regulations).
• Collaborate with business units to integrate risk management principles into strategic decision-making.
• Provide insights and recommendations to senior management on risk appetite and tolerance.
• Investigate and analyze risk events, recommending corrective actions.
• Stay current with evolving regulatory landscapes and industry best practices in risk management.
• Train and mentor junior risk analysts.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field. Professional certifications such as FRM or PRM are highly desirable.
• Minimum of 7 years of experience in financial risk management within the banking or financial services industry.
• In-depth knowledge of risk management frameworks, financial instruments, and regulatory requirements.
• Strong quantitative and analytical skills, with proficiency in statistical modeling and data analysis tools.
• Excellent communication and interpersonal skills, with the ability to present complex risk information to diverse audiences.
• Proficiency in risk management software and databases.
• Strong problem-solving abilities and strategic thinking.
• Ability to work effectively under pressure and manage multiple priorities.
• Demonstrated leadership potential and the ability to influence stakeholders.

• Identify, assess, and monitor financial risks (market, credit, operational, liquidity).
• Develop and implement risk management frameworks, policies, and procedures.
• Conduct regular risk assessments and stress testing.
• Analyze financial data and provide recommendations for risk mitigation.
• Collaborate with departments to ensure comprehensive risk management.
• Prepare risk reports for senior management and regulatory bodies.
• Ensure compliance with financial regulations.
• Stay updated on industry best practices in risk management.

• Bachelor's degree in Finance, Economics, Accounting, or a related field. Master's degree or relevant certifications (e.g., FRM, CFA) are highly desirable.
• 5-7 years of experience in financial risk management.
• Strong knowledge of financial markets, instruments, and risk management techniques.
• Proficiency in risk modeling and analytical tools.
• Excellent understanding of banking regulations and compliance requirements.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills.
• Experience working in **Hidd, Muharraq, BH** is preferred.

• Identify and assess financial risks (market, credit, operational).
• Develop and implement risk management frameworks and policies.
• Create and validate risk models and conduct stress tests.
• Monitor risk exposures and analyze their impact.
• Prepare risk reports for senior management and regulatory bodies.
• Develop risk mitigation strategies and action plans.
• Ensure compliance with financial regulations and internal policies.
• Collaborate with business units to integrate risk management principles.
• Contribute to the continuous improvement of risk management processes.

• Develop, implement, and maintain robust financial risk management frameworks, policies, and procedures.
• Identify, assess, and quantify various financial risks, including market risk, credit risk, liquidity risk, and operational risk.
• Conduct regular stress testing and scenario analysis to evaluate the resilience of the institution's financial position.
• Monitor key risk indicators (KRIs) and develop early warning systems to alert management of potential issues.
• Prepare comprehensive risk reports for senior management and regulatory bodies.
• Ensure compliance with relevant financial regulations and industry best practices.
• Collaborate with business units to embed risk management principles into daily operations.
• Develop and deliver risk management training programs to relevant staff.
• Evaluate the effectiveness of internal controls and recommend improvements.
• Stay abreast of changes in the financial markets, regulatory landscape, and emerging risk issues.
• Lead or participate in special projects related to risk management enhancement.

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field. A Master's degree or professional certification (e.g., FRM, PRM) is highly desirable.
• 5+ years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of risk assessment methodologies, quantitative analysis, and risk modeling techniques.
• Strong understanding of financial products, markets, and regulatory requirements (e.g., Basel Accords).
• Proficiency in risk management software and tools, as well as advanced Excel and data analysis skills.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Strong written and verbal communication skills, with the ability to present complex information clearly.
• Proven ability to work independently and collaboratively in a team environment.
• Detail-oriented with a commitment to accuracy and integrity.
• Experience in developing and implementing risk appetite frameworks.