General Overview:
We are looking for an experienced Senior Risk Management Analyst for a leading international insurance organization in Doha, Qatar.
The successful candidate will play a key role in supporting the effective identification, assessment, monitoring, and reporting of risks across the organization. The position will focus on analysing the overall risk profile, including operational, market, credit, liquidity, and insurance risks, while providing insights and recommendations to support informed decision-making and risk mitigation.
This role will also contribute to strengthening the Enterprise Risk Management framework, supporting regulatory compliance, and promoting risk awareness across the organization. The position is subject to prior regulatory approval by the Qatar Central Bank (QCB).
Key Responsibilities:
Risk Management & Regulatory Compliance:
- Act as the approved risk control function for the Qatar operations and ensure effective implementation of local risk management requirements, including applicable QCB Executive Regulations.
- Ensure ongoing adherence to relevant regulatory requirements and expectations.
- Coordinate regulatory submissions and responses relating to risk management matters.
- Support the development, implementation, and continuous enhancement of the Risk Management Framework, including the review and update of risk management policies, standards, and procedures.
Risk Assessment & Monitoring:
- Facilitate risk identification, assessment, monitoring, and reporting across business functions.
- Coordinate and facilitate the annual Non-Financial Risk Assessment (NFRA) process.
- Ensure key risks, controls, emerging risks, and remediation plans are appropriately documented and assessed.
- Review and challenge risk assessments submitted by business and functional owners.
- Support top-down and bottom-up risk assessments in coordination with regional and global stakeholders.
- Manage operational risk event reporting, including root cause analysis and lessons learned.
- Monitor operational risk action plans and support issue remediation efforts.
Risk Appetite & Governance:
- Support the development, monitoring, and reporting of Risk Appetite Statements (RAS) and Key Risk Indicators (KRIs).
- Monitor risk exposures against approved limits and thresholds.
- Coordinate risk committee materials, presentations, and meeting documentation.
- Track committee actions and follow up with stakeholders to ensure timely completion.
- Monitor emerging risks and external trends, providing insights on potential business impacts and mitigation strategies.
Stakeholder Management & Risk Awareness
- Work closely with business teams to balance sustainable growth with risk-adjusted returns within the organization's approved risk appetite.
- Liaise with regional and global risk teams to ensure alignment with enterprise requirements.
- Provide risk oversight and guidance for business initiatives, projects, and change programmes.
- Develop and deliver risk management awareness and training sessions to strengthen the organization's risk culture.
Key Requirements:
- Minimum 5 years of experience in the insurance industry as a Risk Manager or in an equivalent risk management role.
- Bachelor's or Master's degree in Business Administration, Law, or a related field.
- Recognized professional qualification in Risk Management at certificate level.
- Good understanding of risk management processes and the Three Lines of Defense approach.
- Strong business acumen and the ability to challenge and influence stakeholders at all levels.
- Excellent analytical, critical-thinking, and problem-solving skills.
- Strong written and verbal communication skills in English.
- Excellent time management, prioritization, and organizational skills.
- Flexible, practical, and confident, with the ability to work independently and collaboratively.
- Strong governance, risk, and control mindset with excellent attention to detail.