26 Risk Management jobs in Manama

• Develop and implement comprehensive financial risk assessment models and methodologies.
• Analyze financial statements, market data, and economic trends to identify and quantify potential risks (e.g., credit risk, market risk, operational risk, liquidity risk).
• Monitor key risk indicators (KRIs) and ensure adherence to internal policies and external regulations.
• Prepare detailed risk reports and presentations for senior management and relevant committees.
• Collaborate with various departments to understand their risk profiles and provide guidance on risk mitigation strategies.
• Develop and implement internal controls to manage and reduce identified risks.
• Stay informed about changes in financial regulations and their impact on the organization's risk landscape.
• Conduct scenario analysis and stress testing to evaluate the organization's resilience to adverse market conditions.
• Contribute to the development and maintenance of the company's risk management framework.
• Assist in the preparation of regulatory filings related to risk management.

• Conduct comprehensive analysis of financial risks, including market risk, credit risk, operational risk, and liquidity risk.
• Develop, implement, and maintain risk models and methodologies.
• Monitor and report on key risk indicators (KRIs) and compliance metrics.
• Prepare detailed risk assessment reports for senior management and regulatory bodies.
• Collaborate with various departments to identify, assess, and manage financial risks.
• Ensure compliance with relevant financial regulations and internal policies.
• Perform stress testing and scenario analysis to evaluate the company's resilience to adverse market conditions.
• Contribute to the development and enhancement of risk management frameworks and policies.
• Stay informed about industry best practices and emerging trends in financial risk management.
• Provide training and guidance to junior analysts on risk management principles.

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. Master's degree or MBA is a plus.
• Minimum of 5 years of experience in financial analysis, with a significant focus on risk management within the banking or financial services industry.
• Proven expertise in financial modeling, quantitative analysis, and statistical techniques.
• In-depth knowledge of financial regulations (e.g., Basel III, Dodd-Frank).
• Proficiency in financial software and tools, including Excel, statistical software (e.g., R, Python), and financial databases.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong 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.
• Relevant professional certifications (e.g., FRM, CFA) are highly desirable.

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):

• Developing, validating, and implementing quantitative models for various risk management applications (market risk, credit risk, operational risk).
• Performing complex statistical analysis and data modeling on large financial datasets.
• Assessing and quantifying financial risks associated with trading activities and investment portfolios.
• Ensuring models comply with regulatory requirements (e.g., Basel III, Dodd-Frank).
• Collaborating with front-office and middle-office teams to interpret model outputs and provide actionable insights.
• Contributing to the development and enhancement of risk reporting systems.
• Researching and evaluating new quantitative methodologies and tools.
• Communicating complex technical findings to both technical and non-technical stakeholders.
• Monitoring model performance and implementing necessary adjustments or re-calibrations.
• Contributing to the firm's overall risk appetite framework and strategy.

• Developing and implementing advanced quantitative models for risk assessment.
• Performing statistical analysis and back-testing of financial models.
• Assisting in the validation and documentation of risk models.
• Analyzing financial market data and identifying trends and potential risks.
• Providing expert advice on risk management strategies to senior management and business units.
• Staying current with regulatory changes and industry best practices in risk management.
• Contributing to the development of risk reporting frameworks.
• Collaborating with IT and data science teams to ensure robust data infrastructure.

• Master's or Ph.D. in a quantitative field such as Finance, Economics, Mathematics, Statistics, or Physics.
• Minimum of 5 years of experience in quantitative analysis or risk management within the financial services industry.
• Strong programming skills in languages such as Python, R, C++, or MATLAB.
• Proficiency in statistical modeling, econometrics, and machine learning techniques.
• Deep understanding of financial instruments, markets, and risk management principles.
• Excellent analytical, problem-solving, and communication skills.
• Experience working in a remote or distributed team environment is highly desirable.
• Knowledge of Basel III/IV or other relevant regulatory frameworks is a plus.

• Develop and implement advanced quantitative models for risk assessment and pricing of financial instruments.
• Perform rigorous back-testing and validation of models to ensure accuracy and reliability.
• Analyze market data, economic indicators, and trading patterns to identify and quantify risks.
• Collaborate with business units to understand their risk management needs and provide quantitative solutions.
• Prepare detailed reports and presentations on risk analysis and model performance for senior management and regulators.
• Contribute to the development and enhancement of risk management systems and infrastructure.
• Stay current with regulatory requirements and industry best practices in quantitative risk management.
• Conduct ad-hoc analysis and research on various financial and economic topics.
• Mentor junior quantitative analysts and contribute to team knowledge sharing.
• Utilize programming languages such as Python, R, C++, or MATLAB for model development and data analysis.

• Master's or Ph.D. in Mathematics, Statistics, Physics, Economics, Financial Engineering, or a related quantitative field.
• Minimum of 7 years of experience in quantitative analysis, financial modeling, or risk management within the financial services industry.
• Proven expertise in developing and implementing complex financial models (e.g., VaR, Monte Carlo simulations, derivative pricing).
• Strong programming skills in Python, R, C++, or MATLAB.
• Deep understanding of financial markets, instruments, and risk management principles.
• Excellent analytical, problem-solving, and critical thinking abilities.
• Strong written and verbal communication skills, with the ability to explain complex concepts to non-technical audiences.
• Ability to work independently and manage multiple projects in a remote environment.
• Experience with large datasets and database technologies.

• Develop, implement, and validate quantitative models for financial risk assessment (market, credit, operational).
• Conduct rigorous statistical analysis and data mining of large financial datasets.
• Design and build sophisticated algorithms for risk measurement and prediction.
• Collaborate with business units to understand risk exposures and develop mitigation strategies.
• Contribute to the firm's risk appetite framework and stress testing programs.
• Ensure compliance with regulatory requirements related to risk management.
• Communicate complex quantitative findings and recommendations to stakeholders.
• Stay abreast of the latest advancements in quantitative finance, risk modeling, and relevant technologies.
• Automate and optimize model deployment and monitoring processes.
• Mentor junior quantitative analysts and contribute to team knowledge development.

• Master's or Ph.D. in Quantitative Finance, Mathematics, Statistics, Physics, Economics, or a related field.
• 5+ years of experience in quantitative analysis, financial modeling, or risk management.
• Expertise in programming languages such as Python, R, C++, or Java.
• Proficiency with financial databases and data analysis tools.
• Strong understanding of financial markets, instruments, and risk management principles.
• Experience with machine learning techniques applied to finance is a significant plus.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proven ability to work independently and manage complex projects in a remote setting.
• Strong communication and interpersonal skills for effective collaboration.
• Experience with large datasets and distributed computing environments.