Senior Compliance Professional

3 days ago

Muscat, Muscat, Oman beBeeCompliance Full time
Job Title:
Compliance Officer

About the Role:
The Compliance Officer will be responsible for assessing the impact of new laws, regulations and guidelines on the organization. The role will involve establishing processes and controls to ensure compliance and promoting a strong compliance culture throughout the organization through education, assessment and advisory services.

Main Responsibilities:
  • Identify and assess regulatory compliance risks associated with bank's operations, products and business activities.
  • Monitor the Bank's ongoing compliance with all applicable laws and regulations through quarterly compliance certificates.
  • Review and assess internal processes to assist the business line management in ensuring that applicable regulatory requirements are incorporated in policies, procedures and processes.
  • Oversight assessments carried on the impact of new laws, regulations, guidelines and establishment of adequate processes to ensure compliance.
  • Oversight the Bank's implementation of Corporate Governance regulatory instructions.
  • Identify, customize and ensure adopting the latest AML/CFT regulatory and global requirements, market best practices etc., keeping in view of changes in business such as new products, services & technologies and expansion to new geographical locations.
  • Oversees the data privacy and data protection policies to ensure operationalization of those policies through all units within the Bank and ensure the Bank processes personal data in a compliant way.
  • Formulate, implement and maintain relevant compliance policies, procedure and guidelines.
  • Prepare Compliance Review and AML/CFT Quality Assurance annual Plans.
  • Prepare and furnish periodical compliance status reports and certificates to the regulators, the Board and the Management.
  • Provide guidance to staff members on the appropriate implementation of applicable laws, regulations and standards through policies and procedures.
  • Develop and periodically review baseline standards for documentation, data collection and procedures with regard to conducting of KYC, CDD and EDD.
  • Prepare formal Quality Assurance Reports identifying control weaknesses, their root causes and recommendations for remedial actions with specific timeframes.
  • Identify the Bank's key business processes and conduct privacy impact assessment.
  • Determine the Bank's specific privacy-related requirements and potential vulnerabilities.
  • Evaluate management's efforts in resolving violations and deficiencies noted in Compliance Review and AML/CFT Quality Assurance Reports, CBO and CMA Examinations.
  • Review the Corporate Governance report that is prepared to the shareholders to ensure in accordance to the directives of the CMA code.
  • Handling/coordinating the CBO examination or any auditing assignment related to Compliance.


Qualifications:
  • Masters in Business Administration, Degree in Finance/Accounting, Law or equivalent.
  • Professional certifications.


Skills/Knowledge:
  • Analytical and Critical thinking
  • Effective communication skills (verbal and written)
  • Prioritization, planning and time management skills
  • Organizing Skills
  • Teamwork and collaboration
  • Decision making
  • Coaching, Development and People management skills
  • Command over English and Arabic language.


Experience:
  • 10-15 years of experience in similar roles


Business Understanding:
  • Good understanding of the Banking Operations.
  • Sound understanding of the Central Bank regulations and internal policies and procedures
  • Understanding of Risk - identification, assessment and mitigation.

  • Senior Audit Professional

    13 hours ago

    Muscat, Muscat, Oman beBee Careers Full time

    Job SummaryWe are seeking a skilled and detail-oriented Senior Audit professional to join our team.The ideal candidate will have experience in auditing, financial analysis, and team leadership. They will be responsible for leading medium-sized client audits and acting as a semi-senior on large client engagements. The role requires strong analytical skills,...

  • Senior Financial Professional

    4 days ago

    Muscat, Muscat, Oman beBeeFinancialAnalyst Full time

    Job Title: Senior Financial AnalystAbout the Role:We are seeking a highly skilled and experienced financial professional to join our team as a Senior Financial Analyst.Key Responsibilities:Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements.Analyze financial data to identify trends,...

  • Superintendent - HSEQ Training & Compliance

    2 weeks ago

    Muscat, Muscat, Oman Oman Investment Authority Full time

    Position Title Superintendent - HSEQ Training and ComplianceJob Purpose:The HSEQ Training and Compliance Superintendent plays a critical role in ensuring the safety, compliance, and operational excellence of our company-managed vessels. This position will require monitoring and arranging training-related activities for the ships staff, regular travel to...

  • Senior Audit Professional

    3 days ago

    Muscat, Muscat, Oman beBeeAudit Full time

    As a Senior Associate External Auditor, you will play a key role in delivering high-quality services to our clients. Your primary responsibility will be to work as part of a team that helps clients build trust, solve complex challenges, and manage multiple engagements.The ideal candidate should have a degree in accounting, finance, or a related field, as...

  • HSEQ Operations and Compliance Manager

    2 days ago

    Muscat, Muscat, Oman beBeeCompliance Full time

    Job Title: HSEQ Operations and Compliance ManagerJob Summary:The HSEQ Operations and Compliance Manager plays a critical role in ensuring the safety, compliance, and operational excellence of our organization. This position will require monitoring and arranging training-related activities for staff, regular travel to various vessels, and conducting safety...

  • Software Developer

    3 weeks ago

    Muscat, Muscat, Oman Manpower Professional Full time

    • Participate in all phases of product development cycle: from product definition and design, through implementation, debugging, testing and support.• Work as a senior member of the team on projects involving development of new features, sustenance, handling engineering escalations.• Construct detailed design specifications (technical or business)...

  • Head of Contracts and Compliance Specialist

    4 days ago

    Muscat, Muscat, Oman beBeeCompliance Full time

    Job Description:We are seeking an experienced professional to lead our contract management and compliance functions. The ideal candidate will have a strong understanding of international trade laws and regulations, as well as excellent attention to detail and organizational skills.This is a key role within our organization, requiring the ability to draft,...

  • Senior IT Professional for Microsoft Infrastructure

    7 days ago

    Muscat, Muscat, Oman beBeeActiveDirectory Full time

    Job DescriptionWe are seeking a highly skilled Senior IT Professional to lead our team in implementing and managing Microsoft infrastructure. The successful candidate will have extensive experience in designing, deploying, and maintaining complex Microsoft environments, including Active Directory and Exchange.Responsibilities:Assess and develop strategic...

  • Senior Accounting Professional

    7 days ago

    Muscat, Muscat, Oman beBeeAccounting Full time

    Accounting SpecialistJob Description:We are seeking an experienced Accounting Specialist to join our team. The ideal candidate will be responsible for preparing financial reports and statements, bank reconciliations, and conducting cyclical audits. Additionally, the candidate must have strong interpersonal skills and possess a strong business...

  • Senior Quality Professional

    2 days ago

    Muscat, Muscat, Oman beBeeQualityEngineer Full time

    Job DescriptionWe are seeking a seasoned professional to lead our quality initiatives, driving excellence across projects and operations.Key ResponsibilitiesDevelop and implement quality management systems tailored to project requirements.Collaborate with cross-functional teams to ensure compliance with industry standards.Conduct audits, verify procedures,...