Manager - Regulatory Testing

Job description / Role

- Identify regulatory requirements pertaining to branches. Keeping updated with branch related regulatory requirements.
- Advice branches on various Compliance related matters.
- Review CBO Examination issues related to branches. Evaluate and advise on Compliance with the raised issues.
- Review and take appropriate action on various Compliance related issues raised in Internal Audit and External Audit Reports.
- Conduct branch testing as per the compliance plan.
- Keep documentary records of the compliance testing.
- Conduct on-going monitoring of various branch related reports.
- Conduct branch trainings on compliance related issues.
- Issue reports to the branches on Compliance Testing.
- Conduct risk assessment and rating the branches based on testing.
- Provide administrative support to Compliance division.
- Any other tasks assigned by the Head of Compliance.

Requirements

- Omani National preferred.
- Bachelor Degree holder with 6 years of Banking experience.
- Prior experience in Compliance function in Bank’s is preferred.
- Well understanding of banking operations.
- Should be well avers with banking regulations and best practices
- Should possess very good written communication skills in English to prepare appropriate reports
- Should be well conversant with CBO rules and regulations, Bank’s internal policies and procedures and
- Omani Laws in general Banking Operations.
- Should be proactive in learning new developments in the field of international laws & regulations
- Should be able to work independently and with a team
- Should be self-motivated, initiative, innovative and dynamic
- Analytical thinking based on available information and effective decision making abilities.

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.