Assistant Manager Regulatory Compliance - Bank Nizwa

Job Purpose:

To manage all affairs of regulatory compliance board reporting and corporate governance.

Responsibilities:

Compliance Documents & Reports:

• Review Banks SOPs Policies Manuals and Product Programs from Compliance Risk perspective and provide feedback
• Provide compliance opinions on cases and issues report by departments
• Oversee preparation of Quarterly progress reports of CBO and Half Yearly status report
• Prepare summary presentations for Mancom on new circulars issued by CBO
• Review new CBO circulars/ regulations and assess their impact on the Bank. Provide feedback to CBO as and when required
• Oversee gap analysis process on CBO circulars

CBO Correspondence

• Oversee all CBO correspondence.
• Coordinate data submission to CBO on periodic requests

CBO Examinations

• Arrange data for CBO examiners as per provided Indents from departments and as and when requirements by the examiners on site
• Ensure administrative arrangements for the examiners onsite
• Arrange responses for draft and final observations and meetings to discuss findings
• Coordinate and prepare data for Exit Meeting with CBO team
• Prepare Action Plan on CBO examination report by CBO deadline
• Prepare a report and presentation for the Board and Mancom on Examination

Oman Banking Association

• Participate in OBA regulatory compliance working committee
• Review draft circulars from CBO coordinate Banks feedback and discuss it at the committee platform

Board Governance Risk and Compliance Committee

• Prepare consolidated periodic board reports and presentation in compliance with CBO circulars
• Ownership of BGRCC Terms of Reference. Review and update the document on periodic basis

• Prepare Annual Corporate Governance report of the Bank after coordination with all stakeholders
• Handle external audit review on governance report and governance process
• Oversee related party database monitoring and update their details on MSM portal
• Ownership of Corporate Governance guidelines of the Bank. Monitor and update the guidelines on a periodic basis
• Coordinate CBO communications and regulatory requirements (forms and documents) on induction and retirement of Board members
• Coordinate CBO communications and regulatory requirements (forms and documents) on induction promotion exit and retirement of senior management members
• Coordinate with Board Secretary on annual performance assessment of Board Subcommittees and Sharia Supervisory Board
• Prepare/ review banks disclosures on the MSM

• Oversee work of team staff guide and train as and when required
• Ownership of departments policy and Manual. Review and update periodically
• Prepare reports and perform tasks as and when assigned by AGM Compliance
• Prepare department submissions such as department structure Key Risk Indicators Risk and Control SelfAssessment Business Impact Assessment System Access Matrix etc.

• Problem solving
• Team player
• Ability to work under pressure
• Excellent communication skills
• Expert in financial analysis
• Solid grip on regulatory environment