Risk Officer

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. • 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 Approved 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.