Associate Bank Examiner / Bank Examiner (AML/CFT)

Central Bank of Oman; Ruwi; On-site; OMR 18,000 - 36,000; Full time

Job summary

Central Bank of Oman is seeking an Associate Bank Examiner / Bank Examiner to conduct AML/CFT examinations of banks, FLCs, MEEs, and PSPs. The role may involve leading examination teams or overseeing full inspections as Examiner-in-Charge.

The candidate should have a bachelor’s degree in Finance or related field, professional AML certifications, and 3–7 years of relevant experience, with strong regulatory and international compliance exposure.

Qualifications

• Bachelor’s degree in Finance, Accounting, Banking, Audit, or a related field.
• Professional certifications such as CAMS, CGSS, ICA or CIA or a related field.
• 3 - 7 years.
• Preferred Experience in AML/CFT, audit & investigation, regulatory and international compliance.

Responsibilities

• Conduct risk-based onsite AML/CFT examinations of banks, FLCs, MEEs, and PSPs.
• Assist Examiner-in-Charge and lead components of examinations as required.
• Prepare examination reports and supporting worksheets for timely submission.
• Undertake full-scope, thematic, ad-hoc examinations and investigations related to AML/CFT.
• Keep AML/CFT department management informed of progress and urgent issues.
• Prepare an exit chart after management responses and submit to the AML/CFT Manager.
• Submit the draft examination report and documents to the AML/CFT Manager.
• Carry out additional tasks as assigned by the AML/CFT Manager.
• Ensure compliance with procedures in all relevant areas.

Education

Bachelor’s degree in Finance, Accounting, Banking, Audit, or a related field

Professional certifications such as CAMS, CGSS, ICA or CIA

Job description

Central Bank of Oman is seeking to recruit competent, committed, self-motivated and enthusiastic candidate to work as Associate Bank Examiner / Bank Examiner.

Overall, Purpose of the Position

Conduct regular and special AML/CFT examinations of banks, FLCs, MEEs, and PSPs. Depending on the assignment, either serve as a core member of an examination team, executing specific tasks under the direction of the Examiner-in-Charge or act as the Examiner-in-Charge to lead and oversee the comprehensive inspection of the supervised entity.

Key Responsibilities

• Conducting the required risk-based onsite examination on the institutions and sectors subject to the CBO’s supervision.
• Carrying out the responsibilities assigned by the Examiner-in-charge in all relevant AML/CFT matters in line with the guidelines provided in the on-site examination check list and manual for planning, fieldwork and reporting.
• Preparing reports on findings and observations at the examination and furnishing such reports and work sheets to the Examiner-in-charge on the target dates.
• Undertaking large/full scope onsite examination, thematic, Ad-hoc examination and special Investigations of various themes related to AML/CFT, targeted financial sanctions and proliferation financing of the concerned bank/FLC/MEE/PSP and completing the field work within the given time frame.
• Keeping the Manager of AML/CFT department informed of the progress of the examination and on any adverse findings noticed at the examined institution which needs urgent action.
• Preparing a preliminary exit meeting chart after receiving the management responses from the examinee institution and submitting the same to Manager of AML/CFT department.
• Submitting the draft examination report along with other documents to the Manager of AML/CFT Department.
• Conduct ad-hoc and special AML/CFT investigations and examinations triggered by new events, emerging risks, or actionable intelligence.
• Carry out any additional tasks outside of examination duties assigned by manager of AML/CFT Department.
• Acting with a sense of propriety and honesty and making a conscious attempt to safeguard the integrity of CBO.
• Ensuring compliance with the procedures in all the relevant areas.

Minimum Qualification & Experience

• Bachelor’s degree in Finance, Accounting, Banking, Audit, or a related field.
• Professional certifications such as CAMS, CGSS, ICA, CIA or a related field.
• 3 - 7 years.
• Preferred Experience in AML/CFT, audit & investigation, regulatory and international compliance.