28 Risk Assessment jobs in Bahrain

• Analyze and assess complex insurance risks for individual and commercial clients.
• Determine appropriate policy coverage, premiums, and terms based on thorough risk evaluation.
• Review application details, financial statements, medical reports, and other relevant documentation.
• Identify and mitigate potential risks and liabilities associated with insurance policies.
• Maintain a deep understanding of insurance products, market trends, and regulatory requirements.
• Collaborate with brokers, agents, and clients to gather necessary information and explain policy details.
• Work closely with claims departments to provide insights on underwriting decisions.
• Develop and implement underwriting guidelines and best practices to ensure consistency and accuracy.
• Mentor and provide guidance to junior underwriting staff.
• Contribute to the development of new insurance products and strategies.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 6 years of experience in insurance underwriting, with a strong focus on risk assessment.
• Relevant professional designations (e.g., CPCU, AU) are highly desirable.
• In-depth knowledge of various insurance lines (e.g., property, casualty, life, health).
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Proficiency in underwriting software and relevant insurance industry tools.
• Ability to manage a demanding workload and meet deadlines.
• Commitment to ethical practices and client confidentiality.

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

• 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.

Efficiently prepare risk management analyses and reports, deliver risk management processes, and maintain risk management documentation, in support of company-wide risk awareness, mitigation and business continuity activities

• Develop Risk Mitigation plans for newly identified risks in coordination with the respective Risk Owners
• Update Enterprise Risk Management Tracker before and after every Risk Management Committee meeting
• Participate in Ad-hoc Risk Assessment exercises (whenever needed)
• Perform quarterly sample audit on risk mitigation plans and Business Continuity / Disaster Recovery Plans to identify any gaps and close them
• Participate in the regular Business Impact Analysis exercise and prepare the departmental, sectorial, and company reports
• Liaise with Technology and Business for documenting and testing the planned Disaster Recovery/Business Continuity Plans in alignment with the approved BCM Strategy
• Consolidate Disaster Recovery/Business Continuity Test Reports on a quarterly-basis
• Participate in 3rd parties Business Continuity Management assessment and follow up on the implementation of the agreed actions
• Monitor communications related to normal/major incidents management to ensure compliance with Major Incidents/Crisis Management Framework
• Maintain contacts of Crisis Management Team and Incident Management Teams, act as the Crisis Communication Coordinator in the time of crisis
• Conduct periodic crisis drills and prepare post-drill reports, Handle any required logistics related to Crisis Management
• Maintain Internal Audit Actions Tracker on a weekly-basis, co-ordinate the closure of Internal Audit actions with the respective action owners across all the sectors
• Prepare awareness material (whenever needed)
• Develop and maintain BCM dashboard and continuously improve other department’s working dashboards (ERM and IA Actions)
• Perform other responsibilities as required by higher levels of supervision

• Bachelor’s degree in Business Administration, Finance, Economics, Management or relevant field
• Minimum of 6 years of relevant experience in Risk Management, Business Continuity Management.

The incumbent will play a crucial role in safeguarding the organization by identifying, assessing, and mitigating risks that could impede operational efficiency and business continuity.

This position is responsible for developing and implementing comprehensive risk management frameworks and business continuity plans that ensure the organization can withstand and recover from potential disruptions.

By collaborating with cross-functional teams, the incumbent will foster a culture of risk awareness and resilience, ultimately contributing to the organization's strategic objectives and long-term sustainability.

Risk Assessment: Proficiency in identifying and analyzing potential risks across various business functions.

Business Continuity Planning: Expertise in developing, implementing, and testing business continuity plans to ensure minimal disruption during unforeseen events.

Regulatory Compliance: Knowledge of relevant laws and regulations governing enterprise risk and business continuity management.

Analytical Skills: Strong ability to analyze data and trends to inform risk management strategies.

Communication Skills: Excellent verbal and written communication skills to effectively convey risk management strategies to stakeholders at all levels.

Project Management: Ability to lead and manage projects related to risk assessment and business continuity efforts.

Collaboration: Strong teamwork skills to work effectively with diverse teams and departments.

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. Tocomplete the application you would need the following document(s):

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 4 years of experience in financial analysis, risk management, or a related role within the banking or financial services industry.
• Strong understanding of financial markets, instruments, and risk assessment techniques.
• Proficiency in statistical analysis and financial modeling software (e.g., Excel, Python, R).
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to present complex information clearly.
• Familiarity with regulatory requirements (e.g., Basel Accords) is a plus.
• Ability to work independently and collaboratively in a team environment.
• Professional certifications such as FRM or CFA are highly desirable.

• Designing, developing, and backtesting sophisticated quantitative models for pricing financial instruments and managing market and credit risk.
• Implementing risk models using programming languages such as Python, R, C++, or Java.
• Conducting thorough validation of existing models and proposing enhancements for improved accuracy and efficiency.
• Performing stress testing and scenario analysis to assess the firm's resilience to adverse market conditions.
• Collaborating with trading desks, portfolio managers, and compliance teams to provide quantitative insights and support decision-making.
• Ensuring all models adhere to regulatory requirements (e.g., Basel Accords, Dodd-Frank) and internal risk policies.
• Researching and staying abreast of the latest advancements in quantitative finance and risk management techniques.
• Preparing detailed documentation of models, methodologies, and results.
• Mentoring junior quantitative analysts and contributing to the team's intellectual capital.
• Communicating complex quantitative concepts to both technical and non-technical stakeholders.

• A Master's or Ph.D. degree in a quantitative field such as Mathematics, Statistics, Physics, Financial Engineering, or Computer Science.
• A minimum of 5 years of experience in quantitative analysis or financial modeling within the banking or financial services industry.
• Proven expertise in developing and implementing risk models (e.g., VaR, Expected Shortfall, credit scoring).
• Advanced proficiency in programming languages (Python, R, C++, Java) and statistical software.
• Strong understanding of financial markets, derivative instruments, and financial risk management principles.
• Excellent analytical, problem-solving, and critical-thinking skills.
• Demonstrated ability to work independently and manage complex projects in a remote setting.
• Strong communication and interpersonal skills, with the ability to explain technical concepts effectively.
• Experience with large datasets and database management.

• Develop, implement, and maintain quantitative models for risk assessment and measurement (e.g., credit risk, market risk, operational risk).
• Conduct in-depth analysis of financial data to identify trends, potential risks, and opportunities for risk mitigation.
• Prepare comprehensive reports and presentations for senior management and regulatory bodies, clearly articulating risk exposures and proposed strategies.
• Monitor and analyze financial exposures against established risk limits and policies.
• Collaborate with business units to understand their risk profiles and provide guidance on risk management best practices.
• Stay current with evolving regulatory landscapes (e.g., Basel III, IFRS 9) and ensure compliance.
• Develop and refine risk management frameworks and methodologies.
• Perform stress testing and scenario analysis to assess the impact of adverse market conditions.
• Contribute to the development and enhancement of internal controls related to financial risk.
• Mentor junior analysts and contribute to the team's professional development.

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. Master's degree or CFA/FRM certification is highly preferred.
• Minimum of 7 years of experience in financial analysis, risk management, or a related field within the banking or financial services sector.
• Proven experience in developing and validating financial risk models.
• Strong knowledge of financial markets, financial instruments, and regulatory requirements.
• Proficiency in statistical software and programming languages (e.g., Python, R, SAS) and advanced Excel skills.
• Excellent analytical, problem-solving, and critical-thinking abilities.
• Strong written and verbal communication skills, with the ability to explain complex financial concepts clearly and concisely.
• Experience with data visualization tools (e.g., Tableau, Power BI) is a plus.
• Ability to work independently, manage multiple projects, and meet tight deadlines in a remote setting.
• Demonstrated ability to work collaboratively with cross-functional teams.