Head of Market Risk Management

1 week ago


Manama, Manama, Bahrain RESO Full time

We are seeking an experienced professional to join our team as a market risk governance lead.

The successful candidate will have responsibility for overseeing market and counterparty risks within RESO's treasury function and ensuring that we maintain a strong risk culture.

Key Responsibilities:
  • Developing and maintaining effective market risk policies and procedures.
  • Defining and managing market risk appetite in line with business objectives.
  • Monitoring and reporting on market risk positions across RESO Treasury books and portfolios.
Market Risk Management
  • Managing the development and maintenance of market risk models.
  • Ensuring that risk models are accurately back-tested and updated regularly.
  • Collaborating with stakeholders to ensure that market risk management practices are aligned with business objectives.
Counterparty Credit Risk Management
  • Developing and implementing PFE methodologies for calculating pre-settlement risk.
  • Reporting on exposure calculations related to counterparty credit risk.
  • Suggesting approaches to mitigate CCR capital consumption.


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