CRO, Bahrain
Remote in Bahrain, might be based in Manama office in the future
Key Responsibilitie
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sRisk Management Framewor
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kEstablish, maintain, and oversee the enterprise-wide risk management framework for the Bahrain entity
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.Ensure risk management practices are aligned with regulatory expectations and industry standards
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.Risk Identification and Monitorin
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gIdentify, assess, and monitor key risks including credit, market, operational, and liquidity risks
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.Ensure appropriate risk limits, controls, and monitoring processes are in place
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.Risk Governance and Reportin
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gDevelop and maintain the entity’s risk appetite framework and risk limit structures
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.Prepare risk reports for senior management and relevant governance committees
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.Support prudential and regulatory risk reporting where required
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.Stress Testing and Risk Analytic
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sOversee risk analytics, scenario analysis, and stress testing processes to assess the entity’s risk exposures
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.Ensure appropriate methodologies are applied in risk measurement and reporting
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.Regulatory and Compliance Oversigh
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tEnsure risk management practices align with the regulatory requirements of the Central Bank of Bahrain
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.Support regulatory engagements relating to risk management and governance
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.Risk Culture and Capabilit
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yMaintain effective risk governance across the entity and ensure appropriate risk competencies within the risk management function
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Qualifications and Experien
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ceA minimum of 5 to 7 years of experience in a risk management function, preferably within financial services or other regulated industrie
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s.A Bachelor’s degree in Finance, Risk Management, Economics, Actuarial Science, or a related discipline, with a relevant professional qualification such as FRM, PRM, CFA, ARM, actuarial qualifications, or equivalent preferre
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d.Strong understanding of risk management practices, including prudential risk measures, risk analytics, models, and risk reportin
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g.Good knowledge of enterprise-wide risk management frameworks, including risk appetite setting, risk limits, capital allocation, and capital and liquidity managemen
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t.Strong understanding of regulatory standards and their impact on risk governance and controls, including the regulatory environment applicable to financial institutions in Bahrai
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n.Experience preparing risk reports for senior management or governance committees, including regulatory and prudential reportin
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g.Good knowledge of key risk management areas, including credit, market, and operational risks, capital adequacy management, and stress testing methodologie
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s.Understanding of data flows, financial reporting practices, and valuation methodologies across different asset classe
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s.Demonstrated professional integrity, sound judgment, and the ability to maintain effective enterprise-wide risk governanc
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