Governance, Risk and Compliance Lead

Oman Investment Authority; Muscat; On-site; OMR 18,000 - 30,000; Full time

Job summary

Oman Investment Authority seeks a senior leader to drive governance, risk and compliance across the organization, aligning with laws, regulations and international best practices. You will establish governance structures, policies, and reporting mechanisms to support oversight by executives and boards.

The role requires 8–10 years in risk management, compliance or audit, with CRCMP or similar certification preferred.

Qualifications

• Bachelor's degree in Business Administration, Finance, Law, or a relevant discipline.
• CRCMP or similar certification is highly desirable.
• 8–10 years of experience in risk management, compliance, audit, or a related field.
• Experience developing and implementing risk management and compliance frameworks.
• Understanding of corporate governance principles and their application.
• Fluency in Arabic and English, both written and spoken.

Responsibilities

• Oversee development, implementation and continuous enhancement of the GRC framework.
• Provide governance oversight and reporting to Executive Management and committees.
• Lead risk assessment activities and develop mitigation strategies across the organization.
• Manage third‑party risk, due diligence, sanctions screening and integrity assessments.
• Ensure compliance programs align with laws, internal policies and ethical standards.
• Monitor budgets and plans related to governance activities.
• Contribute to corporate strategy and planning; update policies and procedures.
• Drive continuous improvement of governance, risk, compliance systems and processes.
• Ensure QHSE alignment and timely governance reporting to stakeholders.
• Engage with Internal Audit, Regulators and other assurance providers.

Skills

Leadership

Analytical thinking

Communication

Strategic thinking

Influence & collaboration

Regulatory awareness

Education

Bachelor's degree in Business Administration/Finance/Law

CRCMP or similar certification

Tools

Risk management software

Job description

Corporate Governance

Lead the development implementation and continuous enhancement of the organization s Governance Risk and Compliance GRC framework in alignment with applicable laws regulations OIA governance requirements and international best practices Provide oversight of the organization s governance framework and governance enhancement initiatives to ensure effective governance practices across the organization Oversee the establishment and maintenance of governance structures registers delegated authorities and governance documentation Lead the review and enhancement of governance policies frameworks procedures and guidelines to ensure continued alignment with business objectives and regulatory expectations Monitor the effectiveness of governance practices and provide recommendations to Executive Management on governance improvements Provide governance reporting and strategic advice to Executive Management and relevant governance committees Oversee Board and Management Committee governance arrangements including governance structures authorities and reporting mechanisms

Risk Management

Provide oversight of risk assessment activities to identify strategic operational financial compliance and reputational risks and support the development of appropriate mitigation strategies Lead the development and enhancement of risk management policies procedures and control frameworks across the organization Monitor and evaluate the effectiveness of risk management programs and recommend improvements where necessary Oversee the organization s risk management and risk control processes to ensure alignment with business objectives and regulatory requirements Ensure effective coordination with relevant functions across the organization to support the implementation of risk management practices and regulatory compliance requirements Provide guidance and recommendations to management on risk exposures mitigation measures and emerging risk trends Oversee the development of risk-based audit plans in collaboration with Internal Audit and relevant stakeholders Monitor the implementation of corrective actions arising from risk assessments audits reviews and other assurance activities Contribute to the continuous enhancement of risk management practices methodologies and frameworks in response to emerging risks regulatory developments and industry trends

Third-Party Risk Management amp Due Diligence

Lead the development and implementation of third-party risk management and due diligence frameworks Provide oversight of risk-based due diligence sanctions screening and integrity assessments relating to tenants investors suppliers service providers vessels and other business partners Oversee third-party risk classification monitoring escalation and ongoing review processes Advise management on compliance sanctions regulatory integrity and reputational risks associated with third parties and recommend appropriate mitigation measures Oversee the effectiveness of third-party risk monitoring and due diligence processes and drive continuous improvement initiatives

Compliance Management

Lead the development and enhancement of the organization s compliance framework policies procedures and monitoring mechanisms Provide oversight of compliance programs to ensure adherence to applicable laws regulations internal policies and ethical standards Monitor regulatory developments and advise management on emerging compliance obligations and their impact on the organization Provide strategic guidance on ethics anti-corruption data privacy information security and regulatory compliance matters Oversee the management of compliance incidents investigations and remediation activities and ensure appropriate corrective actions are implemented Act as a trusted advisor to Executive Management on governance risk compliance and ethical conduct matters Maintain effective engagement with Internal Audit External Auditors Regulators and other assurance providers on governance risk and compliance matters

Budgets and Plans

Monitor the financial performance of a given area of activity versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management

Corporate Strategy amp Strategy Formulation Implementation and Planning

Formulate provide input on governance risk compliance and ethical conduct matters and lead their implementation in line with the Organization s vision mission and corporate objectives

Policies Systems Processes amp Procedures

Lead the development enhancement and implementation of governance risk compliance and due diligence policies systems procedures and frameworks to ensure compliance with applicable legislative regulatory and organizational requirements while delivering effective and value-added services

Continuous Improvement

Drive the identification and implementation of opportunities for continuous improvement and sustainability of governance risk compliance systems processes and practices taking into account industry best practices operational effectiveness and organizational objectives

Quality Health Safety amp Environment

Ensure compliance with all relevant quality health safety and environmental policies procedures and controls within the area of responsibility to support employee safety regulatory compliance service excellence and responsible environmental practices

Statement and Reports

Oversee the preparation and submission of governance risk compliance and departmental reports to ensure timely accurate and meaningful reporting in accordance with o rganizational requirements policies and standards

Minimum Qualification

Bachelor s degree in Business Administration, Finance, Law, or a relevant discipline. Certified Risk and Compliance Management Professional (CRCMP) or similar certification is highly desirable.

Minimum Experience & Knowledge & Skills

8 to 10 years of relevant experience in risk management, compliance, audit, or a related field.Proven experience in risk management, compliance, or regulatory affairs.Demonstrated experience in developing and implementing risk management and compliance frameworks.Experience in conducting risk assessments, audits, and investigations.Understanding of corporate governance principles and their application.Knowledge of emerging risk trends and their potential impact on the organization.Familiarity with risk management software and tools.Good analytical skills with the ability to identify and evaluate potential risks and compliance issues.Excellent communication skills, both verbal and written, with the ability to effectively convey complex information to diverse audiences.Leadership abilities, including the capability to influence and collaborate with stakeholders across the organization.Strategic thinking and the ability to align risk management and compliance efforts with business objectives.Attention to detail and the ability to work under pressure to meet deadlines.Proficiency in risk assessment techniques and risk mitigation strategies.Adaptability and flexibility to navigate changing regulatory environments and business conditions.Fluency in Arabic and English both oral and written