Oman Wholesale Banking Risk Manager

3 days ago


Muscat, Muscat, Oman Mashreq Full time

About Us:

Mashreq is a leading financial institution in the Middle East, providing innovative banking solutions to individuals, businesses, and institutions. Our commitment to excellence has earned us numerous awards and recognition across the region.

Role Overview:

The Country Risk Officer will play a critical role in ensuring the effective management of risks across our Oman branch. This includes developing and executing risk management strategies, establishing risk committees, and ensuring compliance with regulatory requirements.

Main Responsibilities:

  • Develop and implement a comprehensive risk management framework for the Oman branch
  • Identify, assess, and mitigate material risks associated with wholesale banking activities
  • Establish and maintain effective risk reporting and monitoring mechanisms
  • Collaborate with stakeholders to ensure risk management policies and procedures are aligned with regulatory requirements

Risk Management:

  • Develop and maintain a risk register to identify and track key risks
  • Conduct regular risk assessments and scenario analysis to evaluate effectiveness of risk controls
  • Implement measures to mitigate identified risks and ensure compliance with regulatory requirements
  • Develop and maintain effective relationships with internal and external stakeholders to ensure seamless risk management

Operational Risk:

  • Develop and maintain effective operational risk management frameworks and procedures
  • Conduct regular operational risk assessments and monitoring
  • Implement measures to mitigate identified operational risks and ensure compliance with regulatory requirements

Market Risk:

  • Develop and maintain effective market risk management frameworks and procedures
  • Conduct regular market risk assessments and monitoring
  • Implement measures to mitigate identified market risks and ensure compliance with regulatory requirements

Skills and Qualifications:

  • Minimum 10 years' working experience in a similar capacity, preferably for an established financial institution
  • Strong analytical and problem-solving skills, with ability to identify and mitigate risks
  • Excellent communication and interpersonal skills, with ability to collaborate with stakeholders
  • Proven track record of implementing risk management initiatives and achieving results


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