Risk Officer

AU Group Bahrain is seeking a Risk Officer to join their team in Riffa, Bahrain. This full-time, on-site role involves developing and implementing the company’s enterprise risk management (ERM) framework. If you are passionate about risk management and compliance, we encourage you to apply.

AU Group Bahrain is a growing organization focused on delivering high-quality financial and risk management solutions in the Gulf region. We value integrity, accountability, and professional excellence, fostering a culture of continuous improvement and innovation.

Company Overview

AU Group Bahrain is a growing organization focused on delivering high-quality financial and risk management solutions in the Gulf region. AU Group Bahrain values integrity, accountability, and professional excellence, and encourages collaboration across teams and locations. The organization is committed to developing talent and fostering a culture of continuous improvement and innovation.

Quick Details

• Salary Range: Not Specified
• Job Type: Full-time
• Experience: 5 Year+
• Qualifications: Bachelor’s degree in finance, Economics, Accounting, Risk Management, or a related field; professional certifications (e.g., FRM, CFA, CRM) are an advantage.

Key Responsibilities

• Develop and implement the company’s enterprise risk management (ERM) framework.
• Identify, assess, and monitor key business risks, including strategic, operational, financial, regulatory / compliance, technology / cyber risks.
• Advise management on risk mitigation strategies and support business continuity planning.
• Prepare and regularly update detailed risk register, RCMs and other key documents.
• Conduct periodic risk assessments and sample audits to ensure compliance with ERM framework.
• Arrange quarterly Risk Committee meetings with updates, presentations, minutes and action plans.
• Submit annual risk reports to Central Bank and respond to any required notifications / actions.
• Ensure compliance with Central Bank regulations applicable for insurance broking, internal governance frameworks and international best practices relating to risk management function.
• Conduct risk awareness training for key staff and promote a culture of proactive risk management.

Requirements

• Proficiency in Enterprise Risk Management, with experience implementing risk frameworks and policies.
• Knowledge of Regulatory Compliance requirements and the ability to interpret and apply relevant regulations.
• Advanced Analytical Skills, including data analysis, risk modeling, and critical thinking.
• Solid understanding of Finance, financial instruments, and risk-related financial metrics.
• Experience in risk and audit roles within Trade Credit Insurance, or related sectors.
• Strong communication skills, attention to detail, and the ability to work collaboratively in an on-site team environment.
• High ethical standards, sound judgment, and a proactive approach to identifying and addressing risks.

Benefits

• Professional development opportunities within a growing organization.
• Work in a collaborative team environment focused on innovation.
• Contribute to high-quality financial and risk management solutions.
• Opportunity to foster a culture of continuous improvement.