224 Risk Management jobs in Manama
Senior Risk Management Specialist
Posted 5 days ago
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Job Description
Responsibilities include:
- Developing and implementing comprehensive risk management frameworks and policies.
- Conducting thorough risk assessments for new products, services, and business initiatives.
- Monitoring and analyzing key risk indicators (KRIs) and implementing corrective actions as needed.
- Collaborating with various departments, including operations, compliance, and IT, to integrate risk management principles into daily activities.
- Preparing detailed risk reports and presentations for senior management and regulatory bodies.
- Staying up-to-date with evolving regulatory landscapes and industry best practices in risk management.
- Designing and delivering risk management training programs to employees.
- Managing the company's business continuity and disaster recovery planning.
- Investigating and reporting on risk incidents, and recommending preventative measures.
- Contributing to the continuous improvement of the risk management function.
The ideal candidate will hold a Bachelor's degree in Finance, Economics, Statistics, or a related field, with advanced certifications such as FRM or PRM being highly desirable. A minimum of 7 years of progressive experience in risk management, preferably within the banking or financial services sector, is essential. Demonstrated experience in credit risk, market risk, operational risk, and regulatory compliance is required. Strong analytical, problem-solving, and decision-making skills are paramount. Excellent communication, interpersonal, and negotiation skills are necessary to effectively interact with stakeholders at all levels. Proficiency in risk management software and tools is expected. This hybrid role requires a commitment to regular in-office presence in Seef, Capital, BH .
Senior Risk Management Analyst
Posted 12 days ago
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Job Description
Responsibilities:
- Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
- Identify and assess key operational, financial, strategic, and compliance risks.
- Conduct quantitative and qualitative risk assessments, including scenario analysis and stress testing.
- Analyze insurance policies, claims data, and market trends to identify potential risk exposures.
- Develop and recommend risk mitigation strategies and control measures.
- Monitor the effectiveness of implemented risk controls and recommend adjustments as needed.
- Prepare detailed risk reports and presentations for senior management and the board of directors.
- Ensure compliance with all relevant insurance regulations and industry best practices.
- Collaborate with various departments, including underwriting, claims, and finance, to integrate risk management principles.
- Stay informed about emerging risks and industry developments.
- Assist in the development and delivery of risk management training programs.
Qualifications:
- Bachelor's degree in Finance, Economics, Risk Management, Mathematics, or a related field; Master's degree or relevant professional designation (e.g., PRM, FRM, CPCU) is a plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance or financial services industry.
- Strong understanding of risk assessment methodologies, statistical analysis, and financial modeling.
- Proficiency in risk management software and data analysis tools (e.g., Excel, SQL, R, Python).
- In-depth knowledge of insurance products, regulations, and market dynamics.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong written and verbal communication skills, with the ability to articulate complex risk issues clearly.
- Ability to work independently and as part of a team.
- High level of integrity and attention to detail.
Senior Risk Management Analyst
Posted 12 days ago
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Job Description
As a Senior Risk Management Analyst, you will conduct in-depth risk assessments, develop predictive models, and analyze complex data sets to identify potential threats and opportunities. You will work closely with different departments, including underwriting, claims, finance, and operations, to embed risk management principles into daily activities. Your responsibilities will include preparing detailed reports for senior management and regulatory bodies, recommending risk mitigation strategies, and monitoring the effectiveness of implemented controls. You will also play a key role in developing and delivering risk management training programs to staff.
Responsibilities:
- Identify, assess, and monitor key risks across the organization, including financial, operational, strategic, and compliance risks.
- Develop and implement comprehensive risk management policies, procedures, and frameworks.
- Conduct quantitative and qualitative risk analyses, including scenario planning and stress testing.
- Design and maintain risk models to forecast potential impacts and inform decision-making.
- Prepare detailed risk assessment reports and present findings and recommendations to senior management and relevant committees.
- Collaborate with business units to embed risk management practices into their processes and decision-making.
- Monitor the effectiveness of risk mitigation strategies and internal controls, recommending adjustments as needed.
- Ensure compliance with all relevant regulatory requirements and industry best practices in risk management.
- Develop and deliver training programs on risk management principles and procedures to employees.
- Investigate and report on significant risk events, providing post-incident analysis and preventative measures.
- Stay current with industry trends, emerging risks, and regulatory changes affecting the insurance sector.
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field. A Master's degree or professional certification (e.g., FRM, PRM) is a strong plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance or financial services industry.
- Proven expertise in risk assessment methodologies, statistical modeling, and data analysis.
- Proficiency in risk management software and tools (e.g., R, Python, SQL, advanced Excel).
- Strong understanding of insurance products, operations, and regulatory landscape.
- Excellent analytical, problem-solving, and critical thinking skills.
- Superior 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.
- High level of integrity and attention to detail.
Head of Risk Management
Posted 21 days ago
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Job Description
Senior Risk Management Underwriter
Posted 21 days ago
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Job Description
Responsibilities:
- Evaluate and underwrite complex insurance risks across various lines of business.
- Analyze financial statements, loss history, and other data to assess risk exposure.
- Determine appropriate premium rates and policy terms based on risk assessment.
- Develop and implement underwriting guidelines and strategies.
- Mitigate potential losses through effective risk management techniques.
- Collaborate with actuarial teams, claims adjusters, and sales representatives.
- Provide expert advice on risk management and insurance solutions.
- Utilize underwriting software and data analytics tools for decision-making.
- Monitor market trends and regulatory changes impacting the insurance industry.
- Maintain a strong understanding of policy language and coverage implications.
- Contribute to the development of new insurance products and programs.
- Bachelor's degree in Finance, Economics, Actuarial Science, or a related field.
- Professional designation such as CPCU, ARM, or equivalent preferred.
- Minimum of 6 years of experience in insurance underwriting, with a focus on risk management.
- Strong analytical, quantitative, and financial modeling skills.
- In-depth knowledge of insurance principles, risk assessment, and pricing methodologies.
- Proficiency in using underwriting software and data analysis tools.
- Excellent decision-making and problem-solving abilities.
- Strong written and verbal communication skills.
- Ability to work independently and manage a high-volume workload in a remote setting.
Senior Risk Management Consultant
Posted 21 days ago
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Job Description
Responsibilities:
- Develop, implement, and maintain comprehensive enterprise risk management (ERM) programs.
- Conduct risk assessments, including qualitative and quantitative analysis, to identify key risks across various business functions.
- Design and recommend risk mitigation strategies, controls, and policies to minimize potential losses.
- Monitor and report on the effectiveness of risk management initiatives and the overall risk profile of the organization.
- Advise senior leadership and business units on risk appetite, risk tolerance, and risk-based decision-making.
- Ensure compliance with relevant industry regulations and best practices in risk management.
- Lead and participate in internal and external audits related to risk management.
- Stay abreast of emerging risks, industry trends, and changes in the regulatory landscape.
- Develop and deliver risk management training and awareness programs to employees at all levels.
- Collaborate with cross-functional teams to integrate risk management considerations into strategic planning and operational processes.
- Master's degree in Finance, Business Administration, Economics, or a related field. Professional certifications such as PRMIA, FRM, or CRISC are highly advantageous.
- A minimum of 8 years of experience in risk management, internal audit, compliance, or a related consulting role within the financial services or insurance sectors.
- In-depth knowledge of various risk categories, including credit risk, market risk, operational risk, liquidity risk, and strategic risk.
- Proven experience in developing and implementing ERM frameworks and conducting quantitative risk modeling.
- Strong understanding of regulatory frameworks and compliance requirements relevant to the insurance industry.
- Excellent analytical, problem-solving, and strategic thinking skills.
- Exceptional communication, presentation, and stakeholder management abilities.
- Ability to work independently and collaboratively in a hybrid work environment, managing time effectively across remote and in-office responsibilities.
- Experience with data analytics tools and risk management software is preferred.
Senior Actuarial Analyst - Risk Management
Posted today
Job Viewed
Job Description
Responsibilities:
- Develop, implement, and maintain actuarial models for pricing, reserving, and financial forecasting.
- Analyze complex datasets to identify trends, assess risk exposures, and quantify potential losses.
- Assist in the development and refinement of pricing strategies for new and existing insurance products.
- Support the reserving process, ensuring accuracy and compliance with regulatory requirements.
- Conduct experience studies and analyze data to inform assumptions used in actuarial models.
- Collaborate with underwriting, claims, and finance departments to provide actuarial insights and support decision-making.
- Prepare clear and concise actuarial reports for internal stakeholders and regulatory bodies.
- Stay current with actuarial best practices, regulatory changes, and industry developments.
- Mentor junior actuarial staff and contribute to their professional development.
- Perform ad-hoc actuarial analyses and support special projects as required.
- Utilize actuarial software and programming tools (e.g., R, Python, SQL, Prophet, MoSes) for data analysis and model development.
- Ensure the integrity and accuracy of all actuarial calculations and projections.
- Communicate complex actuarial concepts effectively to non-actuarial audiences.
- This role is entirely remote, demanding excellent written and verbal communication skills, strong organizational abilities, and self-discipline. You will be an integral part of a high-performing, distributed team focused on robust risk management. Our client is dedicated to innovation within the insurance industry and fosters a culture of continuous learning and professional growth. If you are a results-oriented actuary looking for a challenging and rewarding remote opportunity, we encourage you to apply. Your expertise will be vital in safeguarding the financial health and strategic direction of our organization.
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Head of Financial Risk Management
Posted 1 day ago
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Job Description
The Head of Financial Risk Management will lead a team of risk professionals, providing guidance, mentorship, and strategic direction. You will work closely with senior management and the board of directors to ensure the firm's risk appetite is effectively managed and aligned with strategic objectives. Key responsibilities include conducting regular risk assessments, stress testing, scenario analysis, and reporting on the firm's risk profile. You will also play a crucial role in ensuring compliance with relevant regulatory requirements and industry best practices. The ideal candidate will possess a deep understanding of financial markets, complex financial instruments, and regulatory landscapes. Strong analytical skills, excellent leadership capabilities, and exceptional communication abilities are essential. A proven track record in senior risk management roles within the banking or finance industry is required. A relevant professional certification, such as FRM or PRM, is highly desirable. This position requires a strategic thinker with a proactive approach to risk management and a commitment to maintaining the financial health and integrity of the organization.
Key Responsibilities:
- Develop and implement comprehensive financial risk management strategies and policies.
- Oversee the identification, assessment, and mitigation of market, credit, liquidity, and operational risks.
- Lead and mentor the financial risk management team.
- Conduct regular risk assessments, stress testing, and scenario analysis.
- Ensure compliance with all relevant financial regulations and reporting requirements.
- Advise senior management and the board on risk-related matters.
- Foster a strong risk-aware culture throughout the organization.
Senior Financial Analyst - Risk Management
Posted 2 days ago
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Job Description
The ideal candidate will possess a strong understanding of financial markets, instruments, and regulatory frameworks relevant to risk management. You must have advanced quantitative and analytical skills, with proficiency in statistical modeling, data analysis tools, and financial software. Experience in areas such as credit risk, market risk, operational risk, or liquidity risk is essential. You will be expected to prepare comprehensive risk reports, present findings clearly and concisely, and collaborate effectively with cross-functional teams to implement risk mitigation strategies.
We are looking for a detail-oriented and proactive professional who can work independently and manage complex projects in a remote setting. Excellent problem-solving abilities and a strong ethical compass are crucial for this position. The ability to communicate complex financial concepts to diverse audiences, including non-financial stakeholders, is a key requirement. A background in finance, economics, mathematics, or a related field, coupled with relevant professional certifications (e.g., FRM, CFA), is highly desirable. This is an exceptional opportunity to contribute to the financial stability and strategic direction of a prominent organization, supporting its operations that may involve the Jidhafs, Capital, BH area, all within a completely remote work structure.
Principal Actuarial Analyst - Risk Management
Posted 2 days ago
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Job Description
Key responsibilities include: developing and maintaining actuarial models for pricing, reserving, and capital management; performing analyses of trends in claims, policyholder behavior, and market dynamics; assessing the financial impact of new regulations and business initiatives; preparing reports and presentations for senior management and regulatory bodies; collaborating with underwriting, claims, and finance departments; staying current with industry best practices and emerging actuarial techniques; mentoring junior actuaries and contributing to the development of the actuarial team; ensuring compliance with all actuarial standards of practice; and contributing to the overall strategic planning and risk appetite framework of the organization. This role requires exceptional analytical and quantitative skills, proficiency in actuarial software (e.g., Prophet, Risk Agility), and a thorough knowledge of life or non-life insurance products. Your contributions will be vital in safeguarding the company's financial future.
Location: Fully Remote (based in Seef, Capital, BH). Our client fosters a remote-first culture, providing all necessary tools and support for effective collaboration and productivity across its globally distributed workforce.