Compliance Officer

3 days ago


Muscat, Muscat, Oman Mashreq Full time

Job Overview

Mashreq is a leading financial institution seeking a skilled Compliance Manager to join our team. As a key member of the compliance department, you will be responsible for maintaining ongoing awareness of regulatory requirements and assisting the Head of Compliance in ensuring adherence.

Main Responsibilities:

  1. Support the Head of Compliance in interpreting regulations and communicating with relevant units within the organization to ensure compliance.
  2. Assist the Head of Compliance in day-to-day operations, ensuring adherence to regulatory requirements and Mashreq's AML/Sanctions/ABC policies and KYC Standards.
  3. Provide compliant and workable solutions to business issues, advising on risk management strategies to achieve business goals while mitigating regulatory risks.
  4. Escalate critical issues promptly to prevent regulatory investigations, charges, fines, or reputational damage.
  5. Support the implementation of Compliance initiatives in IBG, as determined by IBG HO-Compliance.
  6. Act as backup for the Head of Compliance and MLRO, ensuring continuity and facilitating compliance within the bank.
  7. Collaborate with the Head of IBG compliance on ad-hoc projects and special assignments.

Key Skills and Qualifications:

  1. Around 4-5 years of Financial Crime related experience in banking and/or relevant fields.
  2. Good understanding of Oman Banking and Financial crimes related laws.
  3. Ability to plan, organize, influence, negotiate, and make decisions.
  4. Strong administrative, interpersonal, and computer literacy skills.
  5. Excellent written and spoken English and Arabic language skills.


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