Senior Credit Risk Manager

About the role

An international bank with a well-established presence in Oman is building out its local Risk function and is looking for a Senior Manager - Credit Risk in Muscat. The role leads the independent review of lending decisions across wholesale and retail businesses, manages a credit team and works closely with senior Risk leadership.

Key responsibilities

• Act as the independent credit voice on corporate lending requests and retail applications requiring exceptions, signing off within approval limits or referring them upward.
• Produce in-depth credit evaluations covering borrower profile, sector and jurisdiction exposure, financial strength, repayment ability and security package, and assign the appropriate internal risk grade.
• Propose ways to strengthen weaker proposals (enhanced collateral, revised structures, tighter covenants) and decline exposures that do not meet the bank's standards.
• Ensure every credit decision aligns with the bank's risk appetite, internal lending policies and Central Bank of Oman regulations.
• Manage and mentor a team of credit professionals, allocate work, review output and prepare members for greater responsibility.
• Work with coverage and relationship teams so applications move efficiently and agreed service timelines are met.
• Help shape and monitor performance measures and improve credit processes.
• Represent the credit function with regulators, auditors and Compliance, and promote a robust risk and control culture through training.

Required profile

• Degree in a numerate or business discipline such as Finance, Economics or Mathematics; a postgraduate degree or recognised professional qualification (CFA, PRM or CPA) is 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 and confidence interpreting financial statements, cash flows and sector dynamics.
• Effective leader and communicator fluent in English; Arabic is a strong advantage.

Required skills

• Good working knowledge of Basel principles, IFRS, banking products and financial markets.
• Familiarity with credit modelling, VaR or other quantitative risk tools is a plus.