Job closed
Ref: HP787-192
Job description / Role
Job Purpose: To contribute in mitigating compliance risk by assisting the Bank to comply with applicable international laws & regulations.
Duties and Responsibilities:
- To assist managing Bank’s compliance risk
- To assist in promoting compliance culture in the Bank
- To assist the Bank in complying with applicable international laws and regulations
- To manage matters related to correspondence banks, including evaluating relationships and answering quires
- Attend to matters related to UN & OFACT sanctions, FATCA, and other international bodies having impact on Bank’s activities
- Draft analytical impact reports for banks senior management and the Board of directors on compliance risk related matters from changes in the international market business dynamics
- Develop and design templates, guidelines to guide operations on compliance matters
- To participate and supervise training programs on compliance related matters
- Maintain healthy relationship with regulation and coordinate with other staff in compliance to address regulatory mandates
Requirements
- Prior experience in Compliance function in Bank’s is preferred
- Well averse with international regulations e.g. FATCA, OFAC and others
- Postgraduate in Business with 6 years’ experience OR Graduate with 8 years of experience. OR More than 10 years of Banking experience and good track record, can also be considered
- Excellent verbal and written command of Arabic & English
- Well avers with banking regulations and best practices
- Self-motivated and able to work independently
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.