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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Job Summary:
The Risk Manager should ensure that the company is compliant with all Central Bank of Bahrain (CBB) regulatory requirements.
Main Duties:
- Maintain the risk management framework that aligns with our strategy, culture, and values Identifying and analyzing various risks that could affect us
- Prepare action plans to decrease risk factors
- Make risk-avoiding adjustments to current methods of operation to minimize future risks
- Conduct assessments to define and analyze possible risks
- Evaluate the gravity of each risk by considering its consequences
- Audit processes and procedures
- Develop risk management controls and systems
- Create contingency plans to manage crises
- Design processes to eliminate or mitigate potential risks
- Evaluate existing policies and procedures to find weaknesses
- Prepare reports and present recommendations
- Help implement solutions and plans
- Performing risk evaluations and assessments
- Creating and implementing risk management procedures
- Drafting business continuity plans to reduce or limit risk
- Evaluating loss exposures and assessing liability
Key Skill Set:
- Effectively plan and organise own time and priorities
- Knowledge of risk assessment and controls
- Familiarity with industry risks and regulations
- Diverse skill set, including risk assessment and analysis, industry knowledge
- Communication and influencing abilities
- Problem-solving and decision-making skills, analytical mind with problem-solving aptitude
- Project management expertise, and proficiency in technology and data analysis
- Excellent communication and presentation skills
- Demonstrate drive and commitment to get tasks done (can-do attitude)
- Must demonstrate risk awareness by analysing the needs and requirements of customers first then of risks that could affect NFS
- Ability to develop positive relationships both inside and outside the company
- Excellent verbal and non-verbal communication skills
- Able to deliver key messages, simply and clearly
- High level of numeracy and analytical skills
Desired Candidate Profile
The Risk Manager will be self-managing and will be primarily responsible and play a vital role in ensuring the success and sustainability of NFS, responsible for identifying, analyzing, evaluating, and treating the potential threats and opportunities that may affect our objectives, performance, reputation, or resources.
One of the key responsibilities will be to maintain a risk management framework that aligns with NFS s strategy, culture, and values. The risk management framework is a set of policies, processes, tools, and techniques that guide and support risk management activities. It should define the scope, objectives, roles, responsibilities, and reporting of risk management, as well as the risk appetite, tolerance, and criteria to Senior Management.
The position reports directly to the General Manager.
Company Industry
- Banking
- Financial Services
- Broking
Department / Functional Area
- Insurance
- Underwriting
- Surveying
- Actuary
Keywords
- Risk Manager
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Nexus Insurance Brokers
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