Portfolio Risk Management Specialist

1 week ago


Manama, Manama, Bahrain Avana Companies Full time

At Avana Companies, we are a people-first organization that thrives on collaboration and teamwork. Our team members are the heart of our organization, and our goal is to enrich their lives as much as we enrich the lives of our clients and partners.

We are passionate about delivering Capital for a Better Tomorrow, and we pursue this purpose with a united front. This drive creates a lasting impression not only on our lives but also on the lives of those around us. Every day, we have the opportunity to work together towards a common goal, making us a family of companies.

Mission

The mission of a Portfolio Risk Management Specialist is to monitor assigned loans within the loan portfolio, ensuring accurate risk ratings are assigned. This involves identifying early warning signals and recommending appropriate action. Additionally, they must monitor and administer construction loans in accordance with standards outlined in credit policy.

By doing this, they ensure the stability, profitability, and regulatory compliance of the loan portfolio while effectively managing risk and maximizing shareholder value.

Key Results

To achieve success in this role, the following key results must be maintained:

  • Maintain 90% compliance rate for loan reviews QC
  • Process construction draw requests within 5 business days of receiving the inspector's final report
  • Ensure 100% of loan extensions are processed, or loan is handed over to Special Assets, prior to loan maturity

Core Competencies

The ideal candidate will possess the following core competencies:

  • Analytical Thinking
  • Attention to Detail
  • Collaborating with Others
  • Decision Making
  • Problem Solving

Responsibilities

The responsibilities of a Portfolio Risk Management Specialist include:

  • Conducting periodic credit risk analyses of assigned loans within the loan portfolio, ensuring accurate risk ratings are assigned
  • Engaging with clients proactively and independently to gather necessary information for analysis and decision-making
  • Drafting and presenting clear credit in written loan reviews that accurately capture the credit risk of each loan, including the financial capacity of the borrower, property performance, and collateral value
  • Utilizing US-based resources to assess risk exposure within the loan portfolio, including probabilities of default and loss given default
  • Monitoring the performance of assigned loans within the loan portfolio, identifying early warning signals, and recommending appropriate action
  • Conducting industry research and analysis to understand market trends and identify potential risks
  • Monitoring and administering construction loans, including tracking budgets, monitoring completion schedules, reviewing third-party reports, and ensuring timely draws
  • E nsuring compliance with all relevant laws, regulations, and internal policies
  • Communicating effectively with internal stakeholders to provide updates on portfolio performance and risk trends
  • Staying informed about changes in regulatory requirements and industry best practices to maintain compliance and mitigate legal and regulatory risks

Requirements

To excel in this role, the ideal candidate should have:

  • A minimum of 3 years of experience in commercial lending, preferably with a focus in commercial real estate and hospitality
  • A Bachelor's degree in Finance or Accounting with a strong academic record
  • Strong analytical skills with the ability to interpret complex financial data and identify key risk factors
  • The ability to work independently with minimal supervision
  • Strong attention to detail and ability to identify discrepancies in data
  • Proficiency in financial software, data analytics tools, and spreadsheet applications (such as Excel)
  • Excellent verbal and written communication skills in English with the ability to articulate findings and recommendations effectively and concisely
  • The ability to work in a fast-paced and multi-national environment
  • The ability to multi-task, solve problems, and think quickly
  • A willingness to work US hours (i.e., 4:00 pm to 1:00 am Bahrain Time)


  • Manama, Manama, Bahrain Bank ABC Full time

    About the RoleThis exciting opportunity has arisen for a talented Credit Support Officer to join our team at Bank ABC. The successful candidate will play a pivotal role in supporting the credit function across various portfolios.Key Activities:Manage Group Credit Monitoring & Portfolio Forums, ensuring timely action points and minutes.Assist with country...


  • Manama, Manama, Bahrain AVANA Capital Full time

    At AVANA Capital, we're seeking a highly skilled Senior Portfolio Risk Manager to join our Finance and Treasury team.About the RoleWe're looking for an experienced professional to oversee our loan portfolio, ensuring accurate risk assessments and effective management of potential risks. The ideal candidate will have strong analytical skills, attention to...


  • Manama, Manama, Bahrain Avana Companies Full time

    At Avana Companies, we pride ourselves on being a people-first organization. Our team is the heart of our company, and we strive to enrich their lives as much as we do for our clients and partners.We're passionate about delivering Capital for a Better Tomorrow, and our mission is to create lasting impressions on both our own lives and those around the...


  • Manama, Manama, Bahrain Bank ABC Islamic Full time

    About the RoleBank ABC Islamic seeks to recruit a Senior Portfolio Risk Officer in our Head Office Credit Department based in Bahrain. This role will be a key member of our team, responsible for supporting the development and implementation of credit risk strategies.Key ResponsibilitiesEffective support for GCC CAF processing & pre-GCC meetings: Timely...


  • Manama, Manama, Bahrain RESO Full time

    Rethish P Associates, a reputable auditing firm in the region, is seeking a qualified Risk Management Specialist to ensure compliance with anti-money laundering (AML) regulations and internal policies. The ideal candidate will be responsible for ensuring that all operations are conducted in accordance with established standards.Key ResponsibilitiesEnsuring...


  • Manama, Manama, Bahrain Bank ABC Full time

    Job OverviewBank ABC seeks to recruit a highly skilled Assistant Risk Manager in Bank ABC Islamic, based in our Head Office in Bahrain. The role of the Assistant Risk Manager is to assist the Head of Risk & Credit Support in performing the second line of defense through governance, oversight, development, and management of risk.A strong, independent but...


  • Manama, Manama, Bahrain Crypto Full time

    This role offers a challenging opportunity to join a dynamic organization in the crypto industry. As a Risk Management Specialist, you will be responsible for identifying, assessing, and mitigating potential risks to the company's financial health.Main ResponsibilitiesRisk Identification: Identify and assess potential risks to the company's financial health,...

  • Portfolio Manager

    5 hours ago


    Manama, Manama, Bahrain Domo Ventures W.L.L. Full time

    Domo Ventures W.L.L. seeks a seasoned Investment Director to spearhead our investment strategy.About the Role:Develop Investment Roadmap: Create a comprehensive investment plan that balances risk and reward, aligning with organizational objectives.Lead Cross-Functional Teams: Collaborate with internal teams to drive project delivery, ensuring seamless...


  • Manama, Manama, Bahrain RESO Full time

    We are looking for an experienced risk professional to join our team as a treasurer risk oversight specialist.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.About the Role:This role offers the chance to work closely with...

  • Credit Risk Manager

    2 weeks ago


    Manama, Manama, Bahrain Mackenzie Jones Full time

    **About Mackenzie Jones:**Mackenzie Jones is a leading recruitment agency with a strong presence in the region. We specialize in placing top talent in some of the most prestigious organizations.**Job Title: Senior Credit Officer**We are currently seeking a highly skilled Senior Credit Officer to join our client, a large corporate bank with a strong...

  • Portfolio manager

    1 week ago


    Manama, Manama, Bahrain Lamar Holding Full time

    The role involves overseeing the business, operational, and financial performance of subsidiaries and affiliates, ensuring alignment with the parent company's investment goals. Key responsibilities include developing and executing value-enhancement strategies, monitoring financial and operational metrics, and addressing issues raised by portfolio company...


  • Manama, Manama, Bahrain Arab Banking Corporation Full time

    Retail Credit Management PositionWe are seeking an experienced Retail Credit Manager to join our team at Arab Banking Corporation.Main ResponsibilitiesDevelop and implement strategies to grow retail credit portfolios.Manage and maintain MIS systems for monitoring retail credit portfolio performance.Oversee and report on retail portfolio performance through...


  • Manama, Manama, Bahrain RESO Full time

    Job OverviewThe Portfolio Execution Manager will be responsible for executing trades across global public markets in accordance with portfolio managers' investment strategies. The ideal candidate will have a strong background in execution trading and a deep understanding of global public markets.Key Accountabilities:Execute trades across global public...


  • Manama, Manama, Bahrain Foreground. Full time

    Forefront Portfolio ManagementAs a seasoned Portfolio Manager, you will be responsible for driving strategic alignment and operational efficiency across diverse investments at Foreground. Your expertise will enable us to optimize the performance of our subsidiaries and affiliates.About the PositionThis is an exciting opportunity to join our dynamic team and...

  • risk management

    2 weeks ago


    Manama, Manama, Bahrain RESO Full time

    Full TimeKnowledge in Finance and AccountingKnowledge in reporting experience in systems like Excel and other MS Office applicationsExperience: 1 - 3 yearsJob ResponsibilitiesConduct portfolio analytics and deep dives into the portfolio.Regulatory and Management ReportingAttention to detail and a commitment to accuracy and quality.Strong analytic...


  • Manama, Manama, Bahrain RESO Full time

    At RESO, we are committed to providing our employees with opportunities for career growth and professional development. Our Financial Risk Management Specialist role is an excellent opportunity for individuals looking to advance their careers in finance.Responsibilities of this role include:Analyzing financial data to identify trends and patternsDeveloping...

  • Risk Analyst Position

    2 weeks ago


    Manama, Manama, Bahrain RESO Full time

    We are seeking a skilled Financial Risk Management Specialist to join our team at RESO. As a key member of our finance department, you will be responsible for analyzing portfolios to identify potential risks and opportunities.Key responsibilities include:Analyzing financial data to identify trends and patternsDeveloping and implementing risk management...


  • Manama, Manama, Bahrain RESO Full time

    At RESO, we are seeking a highly skilled Credit Support Specialist to join our team. This role will provide effective support for the Head Office Credit Department in Bahrain.The ideal candidate will have a strong background in risk management and credit reporting, with excellent organizational skills and proficiency in Microsoft Office suite.This is an...


  • Manama, Manama, Bahrain RESO Full time

    Full TimeExperience in financial knowledge and accounting principlesFamiliarity with Excel and MS Office applications for data analysis1-3 years of experience in the fieldJob Responsibilities:Analyze portfolios to identify potential risks and opportunitiesDevelop and implement risk management strategies to mitigate lossesEnsure accuracy and quality in all...


  • Manama, Manama, Bahrain Bapco Refining Full time

    About the RoleWe are seeking a highly skilled Strategic Risk Management and Governance Specialist to join our team at Bapco Refining.