Senior Credit Risk Manager

Aventus Global Talent; Muscat; On-site; OMR 48,000 - 72,000; Full time

Job summary

A Senior Manager - Credit Risk in Muscat, Oman, will lead the independent review of lending decisions across wholesale and retail businesses. You will manage a credit team, work with Risk leadership, and ensure adherence to regulatory frameworks and internal policies.

The role requires deep credit analysis, strong leadership, and a practical approach to strengthening proposals, with fluency in English and Arabic as a plus.

Qualifications

• A numerate or business degree is required.
• Postgraduate qualification (CFA/PRM/CPA) would be advantageous.
• 8+ years in a large banking environment with leadership experience in credit risk.
• Strong corporate credit analysis with financial statement interpretation.
• Good knowledge of Basel principles and banking products.
• Familiarity with credit modelling and risk tools is a plus.
• Fluent English; Arabic is advantageous.

Responsibilities

• Act as the independent credit voice on corporate lending requests and certain retail applications.
• Produce in-depth credit evaluations considering borrower profile, sector, jurisdiction, and security package.
• Suggest improvements to proposals and decline exposures that don’t meet standards.
• Ensure decisions align with risk appetite and regulations.
• Lead and mentor a team of credit professionals, allocate work, and build capability.
• Collaborate with coverage and relationship teams to ensure efficient credit processing.
• Shape and monitor performance metrics for the function.
• Represent credit in dealings with regulators, auditors and Compliance.
• Promote a robust risk and control culture and deliver credit training.

Skills

Credit risk analysis

People leadership

Regulatory knowledge

Financial statement analysis

Data analysis

English fluent

Education

Degree in Finance/Economics/Mathematics

Postgraduate degree or CFA/PRM/CPA (advantage)

Tools

Credit modelling

IFRS knowledge

Job description

Job description

Title: Senior Manager - Credit RiskLocation: Muscat, Oman

About the Client

Our client is a highly regarded international bank with a well-established platform in Oman. As it continues to build out its local Risk function, it is looking for a Senior Manager - Credit Risk to lead the independent review of lending decisions across its wholesale and retail businesses. You will manage a credit team and work closely with senior Risk leadership. The role would suit a seasoned credit specialist who brings sharp analytical judgement, strong people leadership and a collaborative approach to working with the business.

Key Responsibilities

• Act as the independent credit voice on corporate lending requests, and on any retail applications that require exceptions, signing off within your approval limits or referring them upward with a clear view.


• Produce in-depth credit evaluations that weigh up the borrower’s profile, sector and jurisdiction exposure, financial strength, repayment ability and security package, and determine the appropriate internal risk grade.


• Propose practical ways to strengthen weaker proposals, such as enhanced collateral, revised structures or tighter covenants, and decline exposures that don’t meet the bank’s standards.


• Keep every credit decision consistent with the bank’s risk appetite, internal lending policies and Central Bank of Oman regulations.


• Manage and mentor a team of credit professionals by allocating work, reviewing output, building capability and preparing team members for greater responsibility.


• Work hand in hand with coverage and relationship teams so that credit applications move efficiently and agreed service timelines are met.


• Help shape and monitor performance measures for the function, and look for opportunities to make credit processes leaner and more effective.


• Represent the credit function in dealings with regulators, auditors and Compliance, and drive timely resolution of any issues they raise.


• Promote a robust risk and control culture, supporting operational risk, conduct and governance frameworks, and help deliver credit training to business colleagues.

Key Requirements

• A degree in a numerate or business discipline such as Finance, Economics or Mathematics.


• A postgraduate degree or a recognised professional qualification (CFA, PRM or CPA) would be advantageous.


• 8+ years in a large banking environment, including at least 2 years leading or supervising people within credit risk.


• Strong corporate credit analysis background, with confidence in interpreting financial statements, cash flows and sector dynamics.


• Good working knowledge of Basel principles, IFRS, banking products and financial markets.


• Familiarity with credit modelling, VaR or other quantitative risk tools would be a plus.


• An effective leader and communicator, fluent in English with Arabic a strong advantage, who can handle large data sets and challenge the business constructively.