Risk Analyst

International Turnkey Systems - ITS; Manama; On-site; BHD 8,000 - 12,000; Full time

Job summary

Well-known Islamic Bank in Bahrain is seeking a detail-oriented Risk Analytics Analyst to support monitoring, reporting and analysis of credit and portfolio risks while ensuring compliance with internal policies and regulatory requirements.

You will monitor risk parameters, prepare risk reports, maintain EDW data, and develop dashboards to enhance reporting efficiency across the risk management function.

Qualifications

• Bachelor's degree in finance, accounting, commerce, economics, statistics, data analytics or related field.
• 1–3 years in risk management, credit risk, finance, analytics or banking.
• Experience in banking or financial services is preferred.
• Proficiency in Excel, SQL, SAS, Power BI and MS Office.
• Understanding IFRS 9 concepts and ECL methodologies is preferred.
• Knowledge of EDW environments and data management practices.

Responsibilities

• Monitor risk parameters per the Board-approved Risk Framework.
• Prepare and deliver risk reports for management, Regulators and stakeholders.
• Maintain risk data in the EDW and IFRS 9 systems.
• Support risk policy updates, procedures and governance docs.
• Develop and automate risk dashboards and reporting solutions.
• Ensure data accuracy and integrity across risk reporting platforms.
• Coordinate with Finance on ECL calculations, NPL budgeting and forecasting.
• Support regulatory submissions and management reporting.
• Liaise with Internal/External Auditors, Regulators and Rating Agencies.
• Identify opportunities to improve reporting processes and efficiency.

Skills

Analytical thinking

Quantitative analysis

Risk management

Regulatory reporting

Data analytics

Education

Bachelor's degree in Finance or related field

Tools

SQL

SAS

Power BI

Microsoft Excel

EDW / Data management

Job description

For a well-known Islamic Bank in Bahrain, we are looking for a detail-oriented Risk Analytics Analyst to join their Risk Management team. The ideal candidate will support the monitoring, reporting, and analysis of credit and portfolio risks while ensuring compliance with internal policies and regulatory requirements.

Key Responsibilities

• Monitor risk parameters in accordance with the Board-approved Risk Framework.
• Prepare and deliver timely, accurate, and insightful risk reports for Management, Regulators, and Group stakeholders.
• Maintain and update risk data within the Enterprise Data Warehouse (EDW) and IFRS 9 systems.
• Support the review and enhancement of risk policies, procedures, and governance documentation.
• Prepare Risk MIS reports, including Risk Exposure Reports, Criticized Asset Reports, Weekly Credit Risk Reports, Connected Counterparty Reports, Prudential Information Reports (PIR), Largest Exposure and Country Exposure Reports and, Pillar III disclosures
• Coordinate with the Finance team on Expected Credit Loss (ECL) calculations, NPL budgeting, and forecasting activities.
• Conduct portfolio reviews, risk trend analysis, and deep-dive analytical studies.
• Support regulatory submissions and management reporting requirements.
• Liaise with Internal Auditors, External Auditors, Regulators, and Rating Agencies.
• Develop and automate risk dashboards, analytics tools, and reporting solutions.
• Ensure data accuracy, consistency, and integrity across risk reporting platforms.
• Identify opportunities to enhance reporting processes and improve operational efficiency.

Qualifications

• Bachelor\'s degree in finance, Accounting, Commerce, Economics, Statistics, Data Analytics, or a related field.
• 1-3 years of experience in Risk Management, Credit Risk, Finance, Analytics, or Banking.
• Experience within the banking or financial services industry is preferred.
• Exposure to regulatory reporting and risk analytics is an advantage.
• Strong analytical and quantitative skills.
• Experience with large datasets, data cleansing, classification, and analysis.
• Proficiency in: Microsoft Excel (Advanced), SQL, SAS, Power BI, Microsoft Office Suite
• Understanding of IFRS 9 concepts and Expected Credit Loss (ECL) methodologies is preferred.
• Knowledge of Enterprise Data Warehouse (EDW) environments and data management practices.
• Understanding of risk management frameworks and industry regulations.
• Knowledge of Credit Risk, Portfolio Risk, and Regulatory Reporting.
• Understanding of risk appetite frameworks and risk control principles.

Preferred Certifications

• FRM (Financial Risk Manager)
• CFA (Chartered Financial Analyst)
• Certification in Data Analytics, Power BI, SQL, or SAS