Central Bank of Oman is seeking to recruit competent, committed, self-motivated and enthusiastic Omani candidate to work as Financial Systems Analyst

Purpose:

To carry out its mandate by shouldering a part of the regular work particularly in the area of Bank Resolution & Crisis Management.

Key Responsibilities:

1. Providing recommendations regarding designating/excluding financial institutions, markets, or infrastructure as systemically important.
2. Assist in periodically updating and disseminating Domestic Systemically Important Banks (D-SIBs) scores.
3. Assist in review of recovery plans of D-SIBs and participating in the meetings of the D-SIBs Committee.
4. Assist in Implementing the Resolution Framework for critical financial intermediaries in Oman (D-SIBs) and spearheading all aspects of the Bank Resolution Framework including:

a. Related analysis

b. Resolution plans

c. Assessment of resolution funding

d. Resolvability assessments

e. Setting-up of Bank Resolution Committee

f. Resolution simulation

5.Supporting the work of the proposed Resolution Committee including taking a lead in drafting ToRs of the Committee.

6.Working on the (components of) “Emergency Readiness, Management & Response Framework”.

7.Supporting the work of the proposed Emergency Committee including taking a lead in drafting ToRs of the Committee.

8.Collecting and compiling data needed for the work.

9.Any other work assigned by the Head.

Minimum Qualifications:

At least 3 years of work experience in regulation/banking/bank supervision/research or related areas with Bachelors Degree in a related field (Finance, Accounting, Banking, Economics, Public Policy, Law).

Desirable Qualifications:

Masters in any related field stated above.

Professional qualifications ACCA, CPA, CFA, FRM, CMA

Please Submit your Application before October 13, 2024.