Officer – Regulatory Reporting

Job Overview

Oman Arab Bank is seeking an Officer – Regulatory Reporting to join their team in Masqaţ, Oman. In this role, you will be responsible for ensuring the bank’s compliance with financial regulatory reporting standards and contributing to the accuracy and timely submission of all required reports.

Company Overview

Oman Arab Bank SAOC was established in 1984 following the acquisition of Arab Bank’s branches in the Sultanate. Over the past three decades, the Bank has consistently expanded its reach as well as its products and services offering to provide customers in the country with a comprehensive suite of innovative solutions in Retail banking, Corporate and Project finance, Investment banking, trade finance and most recently, Islamic Banking. Today, Oman Arab Bank operates more than 65 branches and offices, and more than 152 ATMS in high footfall locations across the Sultanate that are supported by Arab Bank's 600 branches spanning five continents. The Bank's principal shareholders are Oman International Development and Investment Company SAOG (51%) and Arab Bank PLC (49%) and As of December 31st 2015, the Bank's total assets stood at RO 1.98 Billion (USD 5.15 Billion) and net worth of RO 226 Million (USD 587 Million).

Quick Details

• Salary Range: Market Competitive
• Job Type: Full-time
• Qualifications: none
• Experience: 2 Year+

Key Responsibilities

• Prepare and submit accurate and timely regulatory reports in compliance with CBO and other relevant financial authorities.
• Ensure adherence to all regulatory guidelines and internal policies related to financial reporting.
• Assist in the interpretation and implementation of new regulatory requirements.
• Collaborate with various departments to gather and validate data for regulatory submissions.
• Participate in the review and enhancement of regulatory reporting processes and controls.
• Maintain comprehensive documentation for all regulatory filings and related procedures.

Requirements

• Proven experience in regulatory reporting within the banking or financial services sector.
• Strong understanding of Central Bank of Oman (CBO) regulations and international financial reporting standards.
• Excellent analytical skills with meticulous attention to detail and accuracy.
• Proficiency in financial software and advanced Microsoft Excel skills.
• Ability to work independently and manage multiple tasks under strict deadlines.
• Effective communication and interpersonal skills to collaborate with internal and external stakeholders.

Benefits

• Competitive salary and benefits package.
• Opportunities for professional development and career advancement within a leading bank.
• Exposure to complex and dynamic regulatory environments.
• Work in a collaborative and supportive team culture.
• Contribution to the financial stability and compliance of a prominent institution in Oman.
• Access to ongoing training and industry best practices.