Risk Officer

Experience

5 - 7 years

Job location

Bahrain - Bahrain

Education

Bachelor of Science

Nationality

Any nationality

Gender

Not mentioned

Vacancy

1 vacancy

Job description

Roles & responsibilities

The Risk Officer is a critical role within our cryptocurrency exchange in Bahrain. You will be responsible for developing, implementing, and monitoring the exchange's comprehensive risk management framework. This role requires a deep understanding of cryptocurrency markets, regulatory requirements, and risk management best practices to ensure our operations remain secure, compliant, and resilient.

Core responsibilities

Framework development: Design, implement, and maintain a comprehensive risk management framework addressing market, credit, operational, cybersecurity, AML/CFT, and regulatory risks.

Risk assessment: Proactively identify and assess potential risks across trading, custody, compliance, technology, and operations using quantitative and qualitative methods.

Mitigation & controls: Develop and implement risk mitigation strategies, policies, and controls relating to KYC/AML, transaction monitoring, cybersecurity, and data privacy.

Monitoring & reporting: Track key risk indicators (KRIs) against risk appetite and provide regular risk profile reports to senior management and the board.

Regulatory compliance: Stay abreast of evolving local (Bahrain/CBB) and international cryptocurrency regulations, ensuring full framework alignment.

Cybersecurity & AML collaboration: Partner closely with IT security to mitigate cyber threats (hacking, phishing) and collaborate with the compliance team on robust AML/CFT programs.

Incident management: Design incident response plans, manage risk events, and conduct post-incident reviews to drive continuous improvement.

Culture & training: Promote a strong internal risk culture by delivering training and awareness programs to employees across all departments.

Desired candidate profile

Education: Bachelor's degree in Finance, Risk Management, Business Administration, or a related field. Master's degree or professional certifications (FRM, APRM, PRM) preferred.

Experience: Minimum of 5-7 years in risk management, preferably within financial services. Experience in cryptocurrency or fintech sectors is highly desirable. CBB approval is desired for the role.

Domain knowledge: Deep understanding of cryptocurrency markets, blockchain technology, associated risks, and relevant regulatory/AML frameworks.

Framework expertise: Proven experience developing and implementing corporate risk methodologies and controls.

Soft skills: Strong analytical problem-solving skills, excellent cross-functional communication, independent work ethic, and high ethical standards.

Preferred skills

Hands-on experience with specialized risk management software and tools.

Proficiency in data analytics and data visualization techniques.

Familiarity with global cybersecurity best practices.

Arabic language proficiency is a strong asset.

Company industry

Internet, e-commerce, dotcom

Department / functional area

Finance, treasury

Keywords

Risk officer