Careers

Key accountabilities:

• Assist in researching and benchmarking international standards, treaties, and best practices. Help integrate these into local policies and regulations under the guidance of senior policy leaders.
• Assist in the review of financial stability reports, focusing on specific sectors as assigned.
• Provide analytical support for meetings and workshops with industry players.
• Assist in preparing weekly reports for senior management, including updates on the progress of the regulatory policy agenda across various financial sectors.
• Provide research and analytical support to other directorates on policy-related queries.
• Assist in collecting, tabulating, and analyzing industry feedback. Help ensure that responses to industry concerns and suggestions are timely and well-informed.

Minimum Qualification:

BSc. in Banking, Finance, Accounting or its equivalent

Minimum Experience

Fresh Graduate up to 5 years in relevant field

Key accountabilities:

• Ensure implementation of all Monetary Policy Committee (MPC) decisions accurately and on time
• Monitor and operate money market operations, including reviewing, posting, and updating policy interest rates
• Handle daily interest rates on the CBB website, CBB LSEG Workspace, and Bloomberg pages for timely updates
• Monitor liquidity levels and manage transactions related to daily standing facilities (e.g., deposits, lending, repos, etc.)
• Conduct liquidity operations, providing liquidity to participants of the payment system and ensuring proper liquidity management
• Monitor and ensure accurate daily reporting on liquidity levels and interest rates
• Assess the CBB’s financial assets to support liquidity of the banking system and the economy
• Conduct banking operations, including maintaining accounts for banks, financial institutions, and government entities (e.g., IMF, AMF, SIO)
• Administer day-to-day direct transactions in the Core Banking System, including back-office operations
• Ensure accurate processing of statutory cash reserve requirements for retail banks on a monthly basis
• Manage CBB accounts and transactions related to government securities, including accrued interest calculations and updates
• Prepare and present the Weekly Statistical Report for the MPC and ensure accurate meeting minutes
• Provide daily reports on liquidity levels, daily interest rates, and market activity to support liquidity management
• Participate in Business Continuity Planning (BCP) activities to ensure operational resilience
• Manage CBB accounts and transactions (e.g., sale and purchase) for the government securities owned by the CBB, including the calculation of the related accrued interest and updating CBB holdings and trading data.”
• Participate in the periodic review and updates of the Redbook.
• Adhere to rules, regulations, procedures, and policies in all operations.
• Carry out any additional tasks assigned by the managers, ensuring timely completion.

Minimum Qualification:

BSc. in Banking, Finance, Accounting Economics / Data Science or its equivalent

Minimum Experience

5-7 years in relevant field

Key accountabilities:

• Continuously monitor compliance trends within the financial sector to identify emerging risks related to financial crimes.
• Regularly update risk assessments and profiles for banks based on the latest intelligence, transaction data, and global trends.
• Stay updated on Financial Action Task Force (FATF) recommendations and other international standards.
• Support off-site supervision activities with a focus on analyzing and ensuring compliance with AML/CFT laws.
• Conduct AML/CFT onsite examinations on banks
• Conduct AML/CFT thematic onsite examinations on banks
• Conduct follow-up onsite examinations on banks
• Assess banks’ action plans
• Assess banks’ progress and compliance with action plan subsequent to onsite examinations
• Prepare AML/CFT onsite examination reports (regular examination, thematic examination, and follow up examination)

Minimum Qualification:

BSc. in Banking, Finance, Accounting or its equivalent

Minimum Experience

Fresh Graduate up to 5 years in relevant field

Key accountabilities:

• Responsible for dealing in foreign exchange market within the CBB’s Investment policy.
• Monitor global market conditions and identify potential systemic risks that could impact financial stability.
• To carry out the daily operations concerning the money market, capital, foreign exchange and any other deals assigned by the Head of Reserve Management and International Markets, or directly by the Director of Reserve Management.
• Monitor on daily basis the capital market in all the different markets the CBB invests in and provide investment suggestions whenever appropriate to the Head of Reserve Management and International Markets.
• Monitor on daily basis the changes in swap market and any factors that impact it and provide suggestions whenever appropriate to the Head of Domestic and International Markets.
• Responsible as directed, to meet the day-to-day dealing requirements, and quoting prices and rates.
• Responsible for dealing in capital market within the CBB’s Investment policy’s rules and regulations.
• Liaise with the Head of Domestic and International Markets to meet the day-to-day requirements and investments of funds in the capital market.
• Ensures effectiveness of money market trading as per the dealing procedure and policy.
• Responsible for lending and borrowing funds in the interbank deposit market within the CBB’s investment policy and lending limit as directed on daily basis.
• Responsible to deal in foreign exchange markets and gold within the CBB’s investment policy’s rules and regulations.
• Liaise with the Operations Division to meet the day-to-day investment of funds (maturities).
• Confirm and settle transactions in the primary and secondary markets of the short and long-term Bahraini Dinar Treasury Bills.
• Price short term local government securities curve as part of the daily operations.
• Perform such other functions that may be assigned to him from time to time by the Head of Reserve Management and International Markets, or directly by the director of Reserve Management Directorate.

Minimum Qualification:

BSc. in Banking, Finance, Accounting or its equivalent

Minimum Experience:

Fresh Graduate up to 5 years in relevant field

Key accountabilities:

• Execute daily activities of the payment systems promptly within the designated operating hours.
• Manage smooth end-to-end payment operations of the cross-border payment systems that are integrated with domestic RTGS, ensuring timely availability for participants to conduct payments and settlements on each business day.
• Ensure that all valid cross-border customer and interbank fund transfers are processed correctly within the RTGS System and the GCC-RTGS (AFAQ) according to RTGS and AFAQ membership guidelines and regulations.
• Ensure that all valid cross-border customer and interbank fund transfers and payments are successfully processed and settled in accordance with CBB regulations.
• Monitor and verify the settlement of interbank obligations arising from cross-border payment systems are processed and settled successfully.
• Ensure proper usage of IBAN, purpose codes and categories in cross-border customer and interbank fund payments.
• Reconcile and validate all accounts balances at the end of day, at the stipulated Operations schedule, check all posted transactions, generate the final daily account balances, and promptly report any shortfalls in balances to the Head for timely action.
• Ensure correct processing of shortfalls and apply penalties to overdrawn accounts of banks or other institutions.
• Ensure the generation and successful and timely dispatch of Accounts Statements (MT 950s) by the systems to participants, following the update and closing of retail banks accounts.
• Ensure the generation and successful and timely dispatch of Accounts Statements to all indirect participants and switches.
• Ensure monthly calculation and posting of billing related to rejected or canceled RTGS transactions at the start of each new month.
• Ensure that billing transactions are processed and posted successfully, according to CBB’s schedule.
• Ensure that monthly interests are settled in CBB accounts held at the cross-border Settlement Agents.
• Contribute to Business Continuity Planning (BCP) activities and provide recommendations.
• Participate in the assessment and implement recommendations to ensure compliance of payment systems and operations against the best international standards: CPMI/IOCO Principles for Financial Market Infrastructure.
• Communicate and coordinate with participants, retail payment systems operators to ensure efficient operation of the payment systems.
• Engage in consultations with the internal and external parties to support the enhancement of payment systems
• Prepare statistical reports, documents, papers and surveys in relation to payment systems operations and compile data for the periodic Redbook updates.
• Provide recommendations for improvements, developments and enhancements of payment systems operations and regulations.
• Propose recommendations for decisions, approvals, permissions, specifications, and caps/limits necessary for CBB’s Directives, circulars, and regulations related to payment systems operations.
• Carry out additional tasks and specific assignments as directed by superiors within set deadlines.

Minimum Qualification:

BSc. in Banking, Finance, Accounting or its equivalent

Minimum Experience:

Fresh Graduate up to 5 years in relevant field

Key accountabilities:

• Carry out additional tasks and specific assignments as directed by superiors within set deadlines.
• Collect, clean, and analyze supervisory data from multiple sources.
• Identify patterns, anomalies, and risks to inform supervision teams.
• Develop and maintain dashboards, analytics models, and early warning indicators.
• Test, evaluate, and recommend SupTech tools for adoption in supervision processes.
• Ensure compliance with data governance, privacy, and security requirements.
• Provide training to supervision teams on the use of analytics tools.

Minimum Qualification:

BSc. in Data Science, Statistics, Economics, Computer Science or its equivalent

Minimum Experience:

Fresh Graduate up to 5 years in relevant field