Country Risk Officer-Oman

Mashreq, a leading financial institution in Oman, Muscat, is seeking a Country Risk Officer to join their team. At Mashreq, we are dedicated to managing the overall risk management function of the bank by addressing Credit, Market, Operational, Legal & Reputational risks and all other material risks. Our mission is to devise and implement a risk management structure that complies with central bank regulations, Mashreq requirements, and international best practices. As the Focal point of coordination for ESG related matters for the Oman branch, you will facilitate the central ESG team for associated regulatory submissions and disclosures.

As the Country Risk Officer at Mashreq Oman branch, your key result areas will include developing and executing on the Branch's overall risk management policy and strategy. You will establish a risk committee for Oman branch in coordination with relevant stakeholders to formalize its Climate Risk Management framework. Additionally, you will be responsible for formulating appropriate self-assessments and risk controls to monitor and mitigate operational, market, financial, and sustainability risks arising from wholesale banking activities. Your role will also involve establishing formal governance over Branch's risk management programs/initiatives to ensure stakeholder involvement as appropriate.

In terms of Wholesale Credit Risk management, you will focus on maintaining the quality of assigned loan portfolios by implementing appropriate risk reporting to senior management. You will play a crucial role in early detection of warning signals to minimize loan losses while developing credit products/services that meet business requirements within credit and operational risk guidelines. Furthermore, you will lead in spreading a credit culture throughout the Bank's Relationship Managers by providing expertise in deal/transaction structures and advising on handling problem accounts. Your responsibilities also include reviewing credit policies/procedures periodically and recommending changes where necessary.

If you are a dynamic professional with a strong background in risk management functions such as Credit Risk Management Frameworks, Operational Risk Monitoring & Measurement Systems, Market Risk Establishment & Monitoring - then we invite you to apply for this position at Mashreq Oman branch. This role is ideal for experienced individuals looking to make a significant impact on the overall risk management function within our esteemed organization. Join us at Mashreq as we continue our commitment to excellence in financial services!

• Minimum 8 years of experience in risk management
• Experience in wholesale credit risk management
• Experience in operational risk management
• Bachelor's degree in Finance, Economics, Business Administration or related field
• Professional certification in risk management (e.g. FRM, PRM)
• Knowledge of central bank regulations and international best practices

• Develop and execute the Branch’s overall risk management policy and strategy
• Establish formal governance over Branch’s risk management programs/initiatives
• Early detection of warning signals to ensure timely corrective action
• Define policies regarding management responsibilities for Operational Risk

• Risk Management
• Credit Risk Analysis
• Operational Risk Assessment
• Market Risk Monitoring
• Financial Regulation Compliance

Seniority Level: Senior Level

• Middle Management
• Executive Level

Job Functions: Risk Management

• Credit Risk Management
• Operational Risk Management
• Market Risk Management

Industries : Banking

• Financial Services
• Risk Management