Position: Senior Manager – Credit Risk
Location: Oman
Our client, a leading financial institution in Oman, is looking to appoint an experienced Senior Manager – Credit Risk to join its Risk function.
Due to localisation, this is open to Omani Nationals Only
This is a senior credit risk role with responsibility for assessing and approving credit proposals across Corporate and Retail portfolios, ensuring appropriate risk assessment, adherence to credit policies and procedures, and maintaining a strong credit risk environment.
Key Responsibilities
• Assess and approve credit proposals within delegated authority
• Evaluate credit exposure, financial strength, cash flows, security, industry and country risks
• Review and challenge credit proposals and recommend approval, decline or additional structuring/security where appropriate
• Ensure compliance with approved credit risk policies, procedures and regulatory requirements
• Monitor and manage credit risk within the bank’s overall risk appetite
• Work closely with Relationship Managers and business units to ensure timely processing of credit requests
• Identify weaknesses and ensure appropriate remedial action following assessments, audits or examinations
• Contribute to the continuous improvement of credit risk processes, methodologies and best practices
• Support the development of KPIs and service standards within the Credit Risk function
• Lead, coach and develop team members and promote a strong risk culture
• Maintain strong relationships with internal stakeholders, Compliance, Audit and regulatory authorities
Experience & Qualifications
• Omani
• Bachelor’s degree in Finance, Banking, Economics, Mathematics, Business Administration or a related discipline
• Master’s degree and/or professional qualifications such as CFA, PRM or CPA would be advantageous
• Minimum 8 years’ banking experience, including at least 2 years in a supervisory Credit Risk role
• Strong experience in credit assessment and credit risk methodologies within a major bank
• Strong understanding of banking products, financial analysis, credit risk frameworks and regulatory requirements
• Knowledge of Basel frameworks and credit modelling methodologies
• Excellent analytical, quantitative and research skills
• Experience working with complex data and financial information
• Strong communication and stakeholder management skills
• English language proficiency is essential; Arabic would be advantageous
• Ability to lead and work effectively with teams from diverse cultural backgrounds
