Risk Officer

ARP Digital builds regulated digital capital infrastructure for GCC cross-border transactions, providing settlement rails, conversion tools, and institutional-grade liquidity for exchange houses, PSPs, and financial institutions. Through its Arp FLOW platform, the company offers a single integration that delivers a full stack of services, including OTC conversion (FLOW Convert), cross-border B2B settlement (FLOW Send), and digital assets-to-fiat collections and payouts (FLOW Receive). ARP Digital operates in highly regulated environments and is licensed as a Capital Market–Crypto Assets Service Provider (Cat3) by the Central Bank of Bahrain. The company also holds a VARA In-Principle Approval in the UAE, reflecting strong regulatory alignment in two of the GCC’s most rigorous frameworks. Co-founded by Abdulaziz and Abdulla Kanoo, fifth-generation members of the Kanoo Group, ARP Digital builds on 135 years of regional institutional history while scaling modern digital financial infrastructure. We are looking for a Risk Officer to lead our risk management function and serve as a CBB Approved Person for this controlled function. Key Responsibilities • Own and maintain the company’s Enterprise Risk Management Framework, risk appetite statement and risk policies, in line with the CBB Rulebook (Volume 6, CRA Module). • Identify, assess, monitor and report on all material risks, including market, liquidity, credit/counterparty, operational, technology, custody and crypto-asset specific risks. • Maintain the risk register and lead periodic risk assessments across products, business lines and new initiatives. • Assess counterparty and liquidity provider risk, and set and monitor exposure limits. • Oversee operational risk, incident management, key risk indicators and loss event reporting. • Contribute to Business Continuity and Disaster Recovery planning and testing. • Review new products, partnerships and material changes from a risk perspective before launch. • Prepare risk reports for Senior Management, the Board and the Board Risk Committee. • Support regulatory reporting, CBB inspections and engagement on risk matters. • Coordinate with Compliance, Finance, Operations, Technology and Internal Audit to ensure an integrated control environment. • Promote a strong risk culture through training and awareness across the organisation. Requirements • Bachelor’s degree in Finance, Risk Management, Economics or a related field. • Minimum 5 years of risk management experience in financial services, ideally within a CBB-regulated institution. • Experience in crypto-assets, digital assets or fintech is highly preferred. • Strong working knowledge of the CBB Rulebook and regulatory expectations for licensees. • Ability to meet the CBB’s fit and proper requirements for an Approved Person. • Professional certifications such as FRM, PRM, CRISC or equivalent are an advantage. • Excellent analytical, reporting and stakeholder communication skills in English (Arabic is a plus).

Bachelor’s degree in Finance, Risk Management, Economics or a related field. Minimum 5 years of risk management experience in financial services, ideally within a CBB-regulated institution. Experience in crypto-assets, digital assets or fintech is highly preferred. Strong working knowledge of the CBB Rulebook and regulatory expectations for licensees. Ability to meet the CBB’s fit and proper requirements for an Approved Person. Professional certifications such as FRM, PRM, CRISC or equivalent are an advantage. Excellent analytical, reporting and stakeholder communication skills in English (Arabic is a plus).

Own and maintain the company’s Enterprise Risk Management Framework, risk appetite statement and risk policies, in line with the CBB Rulebook (Volume 6, CRA Module). Identify, assess, monitor and report on all material risks, including market, liquidity, credit/counterparty, operational, technology, custody and crypto-asset specific risks. Maintain the risk register and lead periodic risk assessments across products, business lines and new initiatives. Assess counterparty and liquidity provider risk, and set and monitor exposure limits. Oversee operational risk, incident management, key risk indicators and loss event reporting. Contribute to Business Continuity and Disaster Recovery planning and testing. Review new products, partnerships and material changes from a risk perspective before launch. Prepare risk reports for Senior Management, the Board and the Board Risk Committee. Support regulatory reporting, CBB inspections and engagement on risk matters. Coordinate with Compliance, Finance, Operations, Technology and Internal Audit to ensure an integrated control environment. Promote a strong risk culture through training and awareness across the organisation.