Manager - Compliance

Job description / Role

- Analysis of applicable CMA related laws / regulations, internal standards and code of conduct requirements for the assigned departments, developing a comprehensive checklist on the regulations and developing a mechanism for effective implementation of requirements.
- Update the checklist on changes in the regulations and provide this to the responsible departmental heads
- Regulatory (CMA/MSM) correspondence and relationship management. Providing information and reports as requested by the regulators.
- Ensure timely submission on regulatory returns and review the returns.
- Conduct risk assessment of the assigned department
- On-going monitoring of the assigned department and issuing non-compliance reports to the responsible departments
- Escalation and track closure of the reported issue in the on-going reports
- Issue compliance advises on relevant regulatory issues
- Review and provide inputs on policies/procedures/products from compliance and governance perspective on CMA related issues
- Provide Compliance trainings to the assigned departments
- Providing information to the Internal Auditors and CMA/CBO regulators when audits are conducted in the bank.
- Tracking closure of the issues raised by the regulator for the assigned department and report to the Head of Compliance.
- Ensure Staff trading is in conformity with CMA requirements.
- Any other Compliance related tasks assigned by the Head of Compliance.

Requirements

- Should have a post-graduation / professional degree.
- Should have 3-4 years of experience in banking.
- Should have high level of honesty, integrity, commitment towards work, good analysis, judgement skills, unbiased and bold.

About the Company

Established on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs.

Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.