Senior Banking Regulation Specialist

Central Bank of Oman; Ruwi; On-site; OMR 18,000 - 32,000; Full time

Job summary

Central Bank of Oman is recruiting a Banking Executive/Expert to discharge regulatory and supervisory duties under Banking Law and the National Payment System Law. You will formulate regulations, review existing laws, and guide financial institutions to maintain a sound banking sector.

The role requires extensive experience in banking regulation, collaboration with international bodies, and the development of policy for secure payment systems and financial inclusion.

Qualifications

• A Graduate / Post Graduate degree in Economics, Commerce or professional qualifications in Accounting or Finance.
• Additional professional qualifications in banking and finance from an accredited institution.
• 10 years of relevant experience in banking/regulatory/supervisory roles.

Responsibilities

• Discharge regulatory and supervisory responsibilities under Banking Law and National Payment System Law.
• Formulate, review and amend banking regulations to align with international best practices.
• Oversee licensing, prudential limits, capital and reserve requirements for financial institutions.
• Coordinate with international bodies (IMF, World Bank, BCBS) and domestic authorities on standards.
• Prepare studies on financial inclusion, market development and fintech regulations.
• Provide guidance to licensed banks, non-banks and payment service providers.
• Draft regulatory instructions, circular letters and policy documents.

Education

Graduate / Post Graduate degree in Economics, Commerce

Additional professional qualifications in banking and finance

Job description

Central Bank of Oman is recruiting a Banking Executive/Expert to discharge regulatory and supervisory duties under Banking Law and the National Payment System Law. You will formulate regulations, review existing laws, and guide financial institutions to maintain a sound banking sector.

The role requires extensive experience in banking regulation, collaboration with international bodies, and the development of policy for secure payment systems and financial inclusion.