Risk Management Analyst

Manama, Capital IRS International Recruitment Services (Group)

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Job Description

We're Hiring: Risk Management Analyst

Location: Bahrain |Investment Sector |3–5 Years’ Experience

On behalf of one of our leading clients in Bahrain, we’re seeking a detail-orientedRisk Management Analyst to join a high-performing investment team. Reporting to the Chief Audit Officer, the ideal candidate will have experience in risk modelling, portfolio analysis, and cross-functional collaboration.

Key Responsibilities:

  • Analyse market, credit, operational & liquidity risks
  • Conduct stress testing and scenario analysis
  • Develop and maintain risk models (e.g., VaR, Monte Carlo)
  • Collaborate with audit, investment, and finance teams
  • Support scenario analysis and regulatory compliance efforts
  • Support internal/external audits and reporting

Skills

What You’ll Need:

  • Degree in Finance, Economics, Mathematics, Statistics, or related field
  • 3–5 years of relevant experience in risk, investment, or financial analysis
  • Proficiency in Excel and risk assessment tools
  • Knowledge of capital markets, regulatory frameworks (e.g. MiFID, DORA), and investment strategies
  • CFA, FRM, or ACCA certification is an advantage
  • Fluent in Arabic and English (spoken and written)

Interested candidates can send their CV

Feel free to share or tag someone who fits this profile!

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Risk Management Senior Executive

Manama, Capital VIVA Bahrain

Posted 5 days ago

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Job Description

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

Job specification
  • 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
Qualification & Experience:
  • 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.
Role Impact:

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.

About Application Process

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):

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Senior Risk Management Underwriter

601 Tubli BHD75000 Annually WhatJobs

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full-time
Our client, a leading innovator in the insurance sector, is seeking a highly experienced and detail-oriented Senior Risk Management Underwriter to join their fully remote team. This role is critical in evaluating and managing complex insurance risks, ensuring the financial health and strategic growth of the company. You will be responsible for developing and implementing underwriting policies, analyzing market trends, and collaborating with sales and claims departments to provide optimal coverage solutions.

Responsibilities:
  • Conduct in-depth risk assessments for new and existing insurance policies, particularly focusing on commercial lines and specialized risks.
  • Develop and refine underwriting guidelines and pricing strategies to maintain competitive market positioning while ensuring profitability.
  • Analyze financial statements, loss data, and other relevant information to determine policy terms, conditions, and premiums.
  • Build and maintain strong relationships with brokers and agents, providing expert guidance and support.
  • Collaborate with internal teams, including actuarial, legal, and claims, to ensure comprehensive risk mitigation.
  • Stay abreast of industry regulations, emerging risks, and best practices in underwriting and risk management.
  • Mentor and train junior underwriters, fostering a culture of continuous learning and professional development.
  • Utilize advanced data analytics and underwriting tools to enhance decision-making processes.
  • Prepare detailed reports and presentations for senior management on underwriting performance and risk exposure.
  • Contribute to the development of new insurance products and services tailored to evolving market needs.

Qualifications:
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field. Advanced degree or professional designations (e.g., CPCU, ARM) preferred.
  • Minimum of 5-7 years of progressive experience in insurance underwriting, with a strong focus on risk management.
  • Proven ability to analyze complex financial data and interpret risk exposures.
  • Excellent understanding of insurance principles, legal frameworks, and regulatory requirements.
  • Exceptional analytical, problem-solving, and decision-making skills.
  • Superior communication and interpersonal skills, with the ability to effectively liaise with diverse stakeholders.
  • Proficiency in underwriting software and Microsoft Office Suite.
  • Demonstrated success in a remote work environment, including strong self-discipline and time management.
  • Experience with data analysis and modeling tools is a significant plus.
  • A proactive approach to identifying and mitigating potential risks.

This is a unique opportunity to shape the future of risk management within a dynamic and forward-thinking organization. If you are a strategic thinker with a passion for insurance and a proven track record in underwriting, we encourage you to apply. Our client is committed to fostering a diverse and inclusive workplace and providing all employees with the resources they need to succeed in a remote setting. The ideal candidate will thrive in a collaborative yet autonomous virtual environment.
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Senior Quantitative Analyst - Risk Management

BH-202 Ghuraifa, Capital BHD95000 Annually WhatJobs

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full-time
Our client, a prestigious financial institution, is looking for a highly skilled Senior Quantitative Analyst to join their dynamic risk management division. This role offers a hybrid work arrangement, allowing for a balance between in-office collaboration and remote flexibility. The successful candidate will be responsible for developing and implementing sophisticated quantitative models to assess and manage financial risks across various business lines. This is a challenging role requiring strong analytical prowess and a deep understanding of financial markets and instruments.

Key responsibilities include designing, testing, and validating complex risk models for credit risk, market risk, and operational risk. You will analyze large datasets, identify statistical patterns, and build predictive models to forecast potential losses and market movements. This role involves working closely with front-office traders, portfolio managers, and compliance officers to ensure that risk models are accurate, effective, and aligned with regulatory requirements. You will also be involved in the development of risk reporting frameworks and presenting findings to senior management and regulatory bodies. The position demands a thorough understanding of derivative pricing, portfolio optimization, and econometrics. You will be expected to stay abreast of the latest developments in quantitative finance and risk management techniques.

The ideal candidate will possess a Master's or Ph.D. in a quantitative field such as Finance, Economics, Mathematics, Statistics, or Physics. A minimum of 5 years of experience in a quantitative role within the financial services industry is required. Demonstrated proficiency in programming languages like Python, R, or C++ for financial modeling and data analysis is essential. Strong knowledge of financial markets, financial products, and risk management principles is crucial. Excellent communication skills are necessary to articulate complex quantitative concepts to both technical and non-technical audiences. The ability to work effectively in a collaborative team environment, both remotely and in the office, is important. Experience with regulatory frameworks such as Basel III/IV and stress testing methodologies is highly desirable. A proactive approach to problem-solving and a keen eye for detail are paramount.

This is an excellent opportunity to contribute to the strategic direction of a leading financial firm and to work on cutting-edge quantitative challenges. You will be part of a highly intelligent and motivated team, driving innovation in risk management. Our client is committed to professional development and offers extensive training opportunities. The role is located in Budaiya, Northern, BH , offering a vibrant working environment. We are looking for individuals who are passionate about finance and technology and are eager to make a significant impact.
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Senior Actuarial Analyst - Risk Management

2310 Bilad Al Qadeem, Capital BHD130000 Annually WhatJobs

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full-time
Our client, a respected entity within the insurance sector, is seeking an experienced Senior Actuarial Analyst to join their risk management team in **Janabiyah, Northern, BH**. This position plays a vital role in assessing financial risks, pricing insurance products, and ensuring the company's long-term financial health. The Senior Actuarial Analyst will be responsible for performing complex actuarial calculations, developing pricing models, and conducting financial projections. You will analyze large datasets, identify trends, and provide insights to support strategic decision-making. Key duties include evaluating the adequacy of reserves, modeling potential future liabilities, and contributing to the development of new insurance products. The ideal candidate will have a strong foundation in actuarial science, with a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Progress towards or completion of actuarial exams (e.g., SOA, CAS) is essential. Proven experience in actuarial modeling software (e.g., Prophet, R, Python) and strong analytical, statistical, and problem-solving skills are required. Excellent communication skills are necessary to present complex actuarial findings to non-technical stakeholders. This role offers a significant opportunity to contribute to critical financial planning and risk management within a leading insurance company. You will be instrumental in shaping the company's risk appetite and product offerings. A proactive approach to identifying and mitigating financial risks is essential. Experience with solvency regulations and capital modeling is highly desirable. This role requires meticulous attention to detail and a deep understanding of insurance principles and financial markets.
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Lead Quantitative Analyst, Risk Management

BH13 Bilad Al Qadeem, Capital BHD130000 Annually WhatJobs

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full-time
Our client, a prestigious international bank, is seeking a highly skilled Lead Quantitative Analyst to strengthen their risk management division. This challenging role involves developing and implementing sophisticated quantitative models for credit risk, market risk, and operational risk assessment. You will play a crucial part in enhancing the bank's risk framework, ensuring compliance with regulatory requirements, and supporting strategic decision-making through rigorous analysis. The ideal candidate will have a deep understanding of financial markets, advanced statistical modeling techniques, and significant experience in building and validating complex financial models. This hybrid position offers a dynamic work environment with opportunities for professional growth.

Key Responsibilities:
  • Design, develop, and implement quantitative models for risk measurement and management (e.g., VaR, CVA, stress testing).
  • Validate existing risk models and propose improvements to enhance their accuracy and efficiency.
  • Conduct in-depth analysis of financial data to identify potential risks and opportunities.
  • Collaborate with business units and IT departments to ensure effective model implementation and integration.
  • Develop and maintain documentation for all quantitative models, including methodologies, assumptions, and limitations.
  • Stay abreast of regulatory changes and industry best practices in risk management and quantitative finance.
  • Present complex analytical findings and model results to senior management and regulatory bodies.
  • Mentor junior quantitative analysts and provide technical guidance.
  • Contribute to the development of innovative risk management strategies and tools.
  • Perform ad-hoc quantitative analysis as required to support business initiatives.

Qualifications:
  • Master's or Ph.D. in Quantitative Finance, Mathematics, Statistics, Economics, or a related field.
  • Minimum of 7 years of experience in quantitative analysis or risk management within the financial services industry.
  • Expertise in statistical modeling, time series analysis, and stochastic calculus.
  • Proficiency in programming languages such as Python, R, C++, or MATLAB.
  • Strong knowledge of financial products, markets, and regulatory frameworks (e.g., Basel III/IV).
  • Proven ability to build, test, and validate complex financial models.
  • Excellent analytical, problem-solving, and communication skills.
  • Experience working in a hybrid environment, balancing office and remote work effectively.
  • Familiarity with the Janabiyah, Northern, BH financial landscape is a plus.

Join our client's team in Janabiyah, Northern, BH and contribute to shaping the future of financial risk management.
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Senior Actuarial Analyst - Risk Management

11223 Tubli, Central BHD90000 Annually WhatJobs

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full-time
Our client, a leading insurance provider, is seeking a highly analytical Senior Actuarial Analyst to join their fully remote risk management team. This is a crucial role focused on evaluating insurance risks, developing pricing models, and ensuring the financial solvency of our client's products. You will play a key part in analyzing vast datasets, performing complex calculations, and contributing to strategic decision-making related to risk assessment and mitigation. Responsibilities include pricing new insurance products, reserving for claims, analyzing trends in mortality and morbidity, and developing predictive models. You will collaborate closely with underwriting, claims, and finance departments to provide actuarial insights and support business objectives. A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field is required, along with significant progress towards or completion of actuarial exams (e.g., SOA/CAS). Proven experience with actuarial software and strong proficiency in programming languages such as Python or R for data analysis and modeling is essential. The ideal candidate will possess exceptional analytical, problem-solving, and communication skills, with the ability to explain complex actuarial concepts to non-technical stakeholders. This fully remote position offers the flexibility to work from anywhere, supported by a robust digital infrastructure and a culture that embraces remote collaboration. You will have the opportunity to work on challenging projects, contribute to the financial health of the company, and grow your actuarial career in a supportive and innovative environment. We are looking for a dedicated professional who is detail-oriented, results-driven, and committed to upholding the highest standards of actuarial practice. Join our client's esteemed team and make a significant impact on their risk management strategies.
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Senior Quantitative Analyst - Risk Management

23456 Ghuraifa, Capital BHD120000 Annually WhatJobs

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Job Description

full-time
Our client, a prestigious and rapidly expanding financial institution, is seeking a highly analytical and skilled Senior Quantitative Analyst to join their sophisticated Risk Management division in Budaiya, Northern, BH . This critical role involves developing and implementing advanced mathematical models and statistical techniques to assess and mitigate financial risks.

The Senior Quantitative Analyst will be responsible for designing, testing, and validating complex financial models for market risk, credit risk, and operational risk. You will work closely with trading desks, portfolio managers, and compliance teams to provide insights into risk exposures and to develop risk mitigation strategies. This position requires a deep understanding of financial markets, derivatives, econometrics, and programming.

Key responsibilities include:
  • Developing, implementing, and maintaining quantitative models for risk measurement (e.g., VaR, Expected Shortfall), pricing, and hedging.
  • Performing complex statistical and econometric analysis on large financial datasets.
  • Validating existing models and identifying areas for improvement or enhancement.
  • Collaborating with front-office and middle-office teams to understand their risk management needs and provide solutions.
  • Contributing to the development of risk reporting frameworks and dashboards.
  • Ensuring models comply with regulatory requirements (e.g., Basel III/IV, stress testing).
  • Researching and applying new quantitative techniques and technologies to enhance risk management capabilities.
  • Communicating complex quantitative concepts and model results clearly to non-technical stakeholders.
  • Assisting in the documentation and back-testing of models.
  • Monitoring market trends and economic conditions that may impact risk exposures.
  • Providing support for regulatory inquiries and audits related to quantitative models.
Qualifications:
  • Master's or Ph.D. in a quantitative field such as Financial Engineering, Mathematics, Statistics, Physics, or Economics.
  • Minimum of 5 years of experience as a Quantitative Analyst or in a similar role within the financial services industry.
  • Strong expertise in financial modeling, risk management principles, and derivative pricing.
  • Proficiency in programming languages commonly used in quantitative finance, such as Python, R, C++, or MATLAB.
  • Solid understanding of econometrics, time series analysis, and statistical modeling techniques.
  • Experience with regulatory frameworks and requirements relevant to financial institutions.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong communication and presentation skills, with the ability to explain complex concepts to diverse audiences.
  • Ability to work effectively both independently and as part of a collaborative team.
  • Experience with data visualization tools is a plus.
  • Knowledge of the banking and finance landscape in the GCC region is advantageous.
This is an exceptional opportunity for a skilled quant to make a significant impact in a leading financial firm. If you possess a strong quantitative background and a passion for financial risk management, we encourage you to apply.
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Senior Actuarial Analyst - Risk Management

444 Busaiteen, Muharraq BHD55 Hourly WhatJobs

Posted 1 day ago

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full-time
Our client, a prominent leader in the insurance sector, is seeking an experienced Senior Actuarial Analyst to spearhead critical risk management and financial modeling efforts. This is a fully remote position, offering a flexible work environment for a highly skilled professional. You will be responsible for developing and implementing sophisticated actuarial models to assess risk, price products, and forecast financial outcomes. The ideal candidate will possess a strong quantitative background, typically with a degree in Actuarial Science, Mathematics, Statistics, or a related field, and significant progress towards or completion of actuarial exams (e.g., ASA, FSA). Proven experience in life, health, or property & casualty insurance is required. Key responsibilities include analyzing large datasets, performing complex statistical calculations, and communicating findings and recommendations to senior management. You will play a vital role in product development, reserving, and capital management. Expertise in actuarial software (e.g., Prophet, GGY Axis, R, Python) and database management is essential. This role demands exceptional analytical acumen, problem-solving abilities, and excellent communication skills, both written and verbal, for presenting complex technical information to non-technical audiences. You will be instrumental in driving data-informed decision-making and ensuring the financial health and stability of the organization. While working remotely, your contributions will be central to our operations, notionally connected to our presence in Busaiteen, Muharraq, BH . This full-time position offers significant opportunities for professional growth and impact. If you are a results-oriented actuary passionate about risk management and seeking a challenging remote role, we encourage you to apply.
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Senior Quantitative Analyst, Risk Management

223 Tubli, Central BHD130000 Annually WhatJobs

Posted 1 day ago

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full-time
Our client, a leading financial institution, is seeking a highly skilled Senior Quantitative Analyst to join their dynamic risk management team. This hybrid role, based in Tubli, Capital, BH , offers a stimulating environment where you will apply advanced mathematical and statistical techniques to assess and mitigate financial risks. You will be instrumental in developing and implementing sophisticated models for market risk, credit risk, and operational risk, ensuring the firm's stability and compliance with regulatory requirements. This position demands a rigorous analytical mindset, exceptional problem-solving abilities, and a deep understanding of financial markets and instruments. You will collaborate closely with traders, portfolio managers, and compliance officers to provide critical insights and support strategic decision-making. Key responsibilities include:

  • 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.

The ideal candidate will possess a Master's or Ph.D. degree in a quantitative field such as Mathematics, Statistics, Physics, Economics, or Financial Engineering. A minimum of 5 years of experience in quantitative finance, risk management, or a related role within the banking or financial services industry is required. Proficiency in programming languages commonly used in quantitative finance (e.g., Python, R, C++) and experience with financial modeling software are essential. Strong knowledge of financial instruments, derivatives, and regulatory frameworks is crucial. Excellent analytical, problem-solving, and communication skills are paramount. This hybrid role requires a blend of remote work flexibility and in-office collaboration at our client's office in Tubli, Capital, BH .
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