Lead Regulatory & Risk — Second Line, FMI

Employment; Muscat; On-site; OMR 46,000 - 69,000; Full time

Job summary

Employment in Oman seeks a Regulatory and Risk Lead to head the second line of defence for a new financial markets infrastructure venture. You will own the enterprise risk framework, regulatory relationships, and AML/financial crime oversight, with a view to progressing into Head of Risk and Compliance during Run.

You will design and implement policies, engage with regulators on licensing and inspections, and lead the second-line function as it matures in a regulated FMI environment.

Qualifications

• At least 12 years in risk, compliance, or regulatory roles in financial services.
• Direct second-line risk and compliance ownership at a regulated financial market infrastructure.
• Experience engaging with senior regulators on licensing, supervisory matters, and inspections.
• Knowledge of CPMI-IOSCO Principles for Financial Market Infrastructures.
• Experience designing AML and financial crime frameworks including MLRO accountability.
• Ability to challenge first-line decisions and escalate to Board level when needed.
• Professional qualifications such as ICA Diploma, CISI, or ACAMS preferred.

Responsibilities

• Design the enterprise risk framework from a blank sheet, incl. risk taxonomy and governance.
• Own regulator relationship, lead responses to inspections and supervisory inquiries.
• Own the regulatory engagement plan: notifications, submissions, meetings, reviews.
• Provide second-line oversight of adherence to CPMI-IOSCO Principles for FMIs.
• Design and own the financial crime framework and MLRO accountability.
• Set information security policy framework and regulator-facing reporting.
• Provide independent second-line reporting to the Board Risk Committee.
• Line-manage the Cybersecurity/Info Security Manager and KYC/Compliance experts.

Skills

Second-line risk ownership

Regulatory engagement with authorities

Regulatory reporting oversight

AML/financial crime framework design

Information security oversight

Board-level escalation & challenge

Education

Professional qualification (ICA Diploma, CISI, ACAMS, or equivalent)

Job description

Employment in Oman seeks a Regulatory and Risk Lead to head the second line of defence for a new financial markets infrastructure venture. You will own the enterprise risk framework, regulatory relationships, and AML/financial crime oversight, with a view to progressing into Head of Risk and Compliance during Run.

You will design and implement policies, engage with regulators on licensing and inspections, and lead the second-line function as it matures in a regulated FMI environment.