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Legal & Compliance · Job description

Risk Specialist

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. In the GCC market, this role is actively hired across bahrain, saudi with 2 recent postings.

GCC postings
2
Active markets
2
Typical experience
1-3 years
In brief

A Risk Specialist in the GCC region requires erp, compliance, risk management, audit, excel. Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. This role is in demand across the Gulf Cooperation Council countries.

Salary snapshot

What a Risk Specialist earns in the UAE

Median monthly gross in AED for a mid-level Risk Specialist. See the full breakdown by country and seniority.

25th percentile
18,000
Median
27,500
75th percentile
40,000
See salary ranges →
Key responsibilities
  • 01Audit, Risk & Compliance Manager
  • 02KEY RESPONSIBILITIES, ACCOUNTABILITIES AND ACTIVITIES
  • 03Risk Identification & Assessment
  • 04Conduct full risk assessments for new and existing business activities, third
  • 05party arrangements, outsourcing roles, and emerging risks.
  • 06Gather and analyze qualitative and quantitative data through document reviews, interviews, and process walkthroughs to identify vulnerabilities.
  • 07Evaluate the likelihood and impact of risks using established frameworks (e.g., ISO 31000, COSO ERM).
  • 08Prioritize risks based on exposure levels and recommend appropriate mitigation actions.
  • 09Risk Mitigation & Control Development
  • 10Collaborate with business units to develop and implement risk mitigation strategies, controls, and contingency measures.
  • 11Establish and monitor Key Risk Indicators (KRIs) and trigger limits to detect early signs of risk escalation.
  • 12Support management in implementing and testing internal controls to ensure design effectiveness and operational efficiency.
Required qualifications
  • Suite tools. Collaborative attitude, proactive mindset, and strong attention to detail.
  • Bachelor’s degree in risk management, Finance, or related field.
  • Professional certification: CRMA / CRMP / CRM
  • 6 years’ experience in enterprise risk or BCM within a multi
  • division organization.
  • Knowledge requirements
  • Good awareness of the laws and regulations relevant to the company’s operations (e.g., PDPL, labour, VAT, trade, and governance) to ensure risk and continuity plans align with regulatory expectations.
  • Strong understanding of enterprise and operational risk management frameworks such as ISO 31000 and COSO ERM.
Education requirements
  • Bachelor's degree

Tools & technologies

erpmicrosoft officeexcelpowerpointteamsawscrmADP Workforce NowAdvanced Portfolio Technologies Report BuilderAdvanced Portfolio Technologies SimulatorAmazon Web Services AWS softwareAnalyse-itAnalyzerXLAnnuities analysis softwareApache HiveApache Pig

Hiring companies we see

  • Foodics
  • Propel Consult

Hired across

  • bahrain
  • saudi
FAQ
  • What does a Risk Specialist do in the GCC?

    A Risk Specialist in the GCC performs core duties related to erp, compliance, risk management, adapted to the regional business environment and regulatory framework.

  • What qualifications do I need to be a Risk Specialist?

    Typically a Bachelor's degree is required, with 1-3 years of experience in the field.

  • What is the demand for Risk Specialist in the GCC?

    The role is actively hired across bahrain, saudi, with consistent demand from both local and multinational employers.

  • What skills are needed for a Risk Specialist role?

    Key skills include erp, compliance, risk management, audit, excel, powerpoint, along with strong communication and teamwork abilities.

  • Do I need Arabic to work as a Risk Specialist in the GCC?

    Arabic language proficiency is often preferred but not always required. It depends on the employer, sector, and client-facing nature of the role.