Credit Risk Analyst

International Turnkey Systems - ITS; Manama; On-site; BHD 67,000 - 134,000; Full time

Job summary

Bahrain Islamic Bank is seeking a Credit Risk Analyst to evaluate corporate credit applications and assess risk across new and existing facilities. You will perform financial and credit risk analysis, draft comprehensive reports, and present independent recommendations to Senior Management and Credit Committees.

Responsibilities include reviewing proposals from Corporate Banking, ensuring policy compliance, and collaborating with Risk Management to obtain information for timely processing of

Qualifications

• Bachelor's degree in finance, accounting, banking, economics, business administration or related field.
• Minimum 1 year of experience in credit risk, corporate banking or financial analysis.
• Banking industry experience is preferred.

Responsibilities

• Conduct detailed assessment and analysis of corporate credit applications for new and existing facilities.
• Perform financial and credit risk analysis, evaluating borrowers' performance, industry dynamics and repayment capacity.
• Prepare Risk Authorization Reports (RARs) and supporting credit analysis per internal policies.
• Formulate independent risk assessments and recommendations for senior management and credit committees.
• Review proposals from Corporate Banking for compliance with policies and risk appetite.
• Coordinate with Corporate Banking and risk management stakeholders to gather information and process applications.
• Assist in preparing committee submissions and related credit documentation.

Skills

Communication skills

Analytical skills

Problem solving

Attention to detail

Education

Bachelor's degree

Job description

For an Islamic Bank in Bahrain, we are looking for Credit Risk Analyst. The Credit Risk Analyst will be responsible for evaluating and assessing corporate credit applications for both new and existing credit facilities. The role involves conducting comprehensive financial and credit risk analysis, preparing detailed credit assessments, and formulating independent risk recommendations for Senior Management and Credit Committees.

Key Responsibilities

• Conduct detailed assessment and analysis of credit applications for both new and existing corporate credit facilities.
• Perform comprehensive financial and credit risk analysis, including evaluation of borrowers' financial performance, business profile, industry dynamics, and repayment capacity.
• Prepare and draft Risk Authorization Reports (RARs) and supporting credit analysis in line with internal policies and credit standards.
• Formulate independent risk assessments and recommendations for Senior Management and Credit Committees, highlighting key risks, mitigants, and proposed credit structures.
• Review credit proposals submitted by Corporate Banking and assess compliance with applicable policies, procedures, and risk appetite.
• Liaise extensively with Corporate Banking and internal Risk Management stakeholders to obtain required information and facilitate timely processing of credit applications.
• Support the preparation of committee submissions, approval memoranda, and other credit-related documentation.

Qualifications & Requirements

• Bachelor's Degree in Finance, Accounting, Banking, Economics, Business Administration, or a related field.
• Minimum 1 year of experience in Credit Risk, Corporate Banking, Credit Analysis, Financial Analysis, or a related banking function.
• Experience within the banking or financial services industry is preferred.
• Sound knowledge of corporate banking products, credit policies, procedures, and banking operations.
• Excellent written and verbal communication skills.
• Strong analytical and problem-solving abilities with attention to detail.