Urwah Admin

Bank Nizwa

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 Job Purpose:
 
 
 
 
 
 
 The Deputy Manager - Remedial &amp; SAM is responsible for proactively managing the Bank's classified, watchlist, and overdue corporate portfolio to minimize credit losses, maximize recoveries, and preserve asset quality. The role focuses on early identification of problem accounts, formulation and execution of remedial strategies, restructuring of distressed financing facilities, and coordination with internal and external stakeholders to achieve optimal recovery outcomes while ensuring compliance with regulatory and Shariah requirements.
 
 
 
 
 
 
 Main Tasks &amp; Accountabilities:
 
 
 
 
 
 <ul>
 <li>
 Manage and monitor the Bank's classified, watchlist, and overdue Corporate Banking portfolio.
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 Identify early warning signals and recommend timely remedial actions to prevent deterioration of asset quality.
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 Conduct regular portfolio reviews and recommend appropriate risk mitigation strategies.
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 Monitor clients' financial performance and industry developments that may impact repayment capacity.
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 Develop and implement turnaround, restructuring, and recovery strategies for distressed accounts.
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 Lead negotiations with customers, sponsors, guarantors, and other stakeholders to achieve sustainable repayment solutions.
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 Recommend restructuring, rescheduling, settlements, or legal recovery actions based on commercial viability.
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 Maximize recoveries while minimizing impairment and credit losses.
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 Coordinate with Legal, Risk, Finance, and Shariah departments throughout the recovery process.
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 Prepare comprehensive credit proposals relating to restructuring, provisioning, settlements, write-offs, and recovery strategies.
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 Ensure timely classification and provisioning in accordance with regulatory requirements and the Bank's credit policies.
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 Monitor covenant compliance and recommend corrective actions where necessary.
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 Support the Bank in maintaining a healthy corporate financing portfolio
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 Liaise with Relationship Managers to facilitate early intervention in potentially stressed accounts.
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 Engage with external legal counsel, receivers, liquidators, valuers, auditors, and consultants where required.
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 Maintain effective relationships with regulators and external stakeholders on matters relating to classified accounts.
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 </ul>
 
 
 
 
 
 Education:
 
 
 
 
 
 <ul>
 <li>
 Minimum: Undergraduate degree
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 Preferred: MBA/ CFA / CA or equivalent finance qualification
 </li>
 </ul>
 
 
 
 
 
 Work Experience:
 
 
 
 
 
 <ul>
 <li>
 Minimum 1O+ years of experience in corporate banking
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 </ul>
 
 
 
 
 
 General Competencies:
 
 
 <ul>
 <li>
 Proven track record in Special Assets management and restructuring of financing facilities.
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 Strong understanding of industry dynamics and risk framework.
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 </ul>
 
 
</div>

Deputy Manager - LCB & Remedial

<div>
 
 
 Job Purpose:
 
 
 
 As an Industry Head, you will be responsible for managing and expanding a sector-specific portfolio, leading client coverage, and delivering sustainable growth while maintaining strong asset quality.
 
 
 
 
 
 
 Main Tasks &amp; Accountabilities:
 
 
 <ul>
 <li>
 Lead and manage sector-specific corporate banking portfolios
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 Develop and execute industry-driven client strategies
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 Originate high-quality lending and fee-based opportunities
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 Ensure robust credit quality and portfolio monitoring
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 Build deep relationships with key corporates and stakeholders
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 Drive alignment with sectoral lending priorities and regulatory frameworks
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 Lead and mentor a team of Relationship Managers and Analysts
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 Participate and assist in developing business plans and Strategy for Corporate Banking
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 Responsible for effective coordination with support functions with a view to book business to meet timelines
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 Delivering of annual budget, including setting up Performance Targets for RM&rsquo;s and other staff members of the department.
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 Participate and develop new products, monitoring and managing daily performance activities of the Department
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 Explore new business potential from existing clients, regular visit to new &amp; existing clients to understand their needs and deepen relationship
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 Strict monitoring of portfolio for zero tolerance on asset quality slippages
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 Responsible for monitoring compliance with internal policies and CBO regulations
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 </ul>
 
 
 
 
 
 Background Knowledge &amp; Experience:
 
 
 <ul>
 <li>
 Minimum: Undergraduate degree
 </li>
 <li>
 Preferred: MBA / CFA / CA or equivalent finance qualification
 </li>
 <li>
 Minimum 12+ years of experience in corporate banking
 </li>
 <li>
 Proven track record in client coverage, credit, and business development
 </li>
 <li>
 Strong understanding of industry dynamics and risk frameworks
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 </ul>
 
 
 
 
 
 General Competencies
 
 
 <ul>
 <li>
 Leadership and team Management
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 Strategic and Commercial Thinking
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 Relationship Management and Stakeholder Engagement
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 Credit and Risk Management Awareness
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 Analytical and Problem-Solving Abilities
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 High Integrity and Professionalism
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 </ul>
</div>

Industry Sector Heads (Corporate Banking)

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 Department:
 
 Treasury, Investment Banking and International Business Group (TIBIG)
 
 
 
 
 
 
 Job Purpose
 
 
 
 
 
 
 The role is responsible for setting up inhouse portfolio and fund management businesses and assisting clients in managing their investment across asset classes through Shariah compliant strategies. The overall objective of this role is to set up the investment management function to act as strategic advisor to our clients by formulating investment strategies and raising assets under management (AUMs). The role is responsible for setting up public funds covering both sukuks and equities, pitching investment advisory services to bank&rsquo;s clients to get discretionary mandates and coordinating with internal stakeholders as well as external regulators for ensuring full compliance with rules and guidelines. This role requires a seasoned investment professional with extensive experience in cross asset portfolio management, fund structuring, and regulatory compliance, strong client relationships, and a track record in building AUMs. The role will be involved in other key aspects of the Investment Banking unit&rsquo;s activities including supporting the wealth management business, risk management, performance analysis reporting, and the continuous build-out of the team&rsquo;s operating infrastructure.
 
 
 
 
 
 
 Role &amp; Responsibilities
 
 
 
 
 
 
 
 Business Development Strategy
 
 
 
 
 
 <ul>
 <li>
 Set up public funds and develop investment strategies to attract AUMs
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 Build relationships by providing sophisticated investment solutions tailored to the clients' needs in line with their risk/return objectives
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 Manage specific investment mandates and communicating internally and externally on the changing risk/return characteristics of the asset class and securities held in the portfolio
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 Review and recommend investment strategies for clients and identify criteria for evaluating and appointing third party investment managers
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 Identify and pursue new business opportunities, leveraging industry contacts and market knowledge.
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 Serve as the primary point of contact for clients, providing expert advice and guidance on Investment advisory transactions.
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 Work on RFPs and EOIs for submission to prospective clients for the award of discretionary portfolio mandates
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 Conduct market research and analysis to identify trends and opportunities
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 </ul>
 
 
 
 
 
 Investment Management execution, Risk Management, Regulatory Compliance and Market Research
 
 
 
 
 
 <ul>
 <li>
 Assist in areas including Investment Strategy, Risk management as well as Investment Operations
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 Provide inputs on an ongoing basis with regards to potential opportunities or developing risks in the markets based on market research and trends
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 Assist in developing internal presentations for Committee meetings, investment proposals, or other purposes as needed
 </li>
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 Manage the end-to-end process of setting up public funds including regulatory approvals and licenses, appointment of key service providers and marketing to core investors
 </li>
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 Coordinate with legal, compliance, and other internal and external teams to ensure seamless execution.
 </li>
 </ul>
 
 
 
 
 
 Performance Management and Brand Positioning
 
 
 
 
 
 <ul>
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 Develop and implement strategic plans to achieve business objectives and drive growth
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 Monitor industry developments and competitive landscape to formulate business strategy
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 Achieve revenue and profitability targets for the IB unit
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 Manage budgets and financial performance, ensuring efficient use of resources
 </li>
 <li>
 Position the bank as a top Islamic Investment Management Solutions provider in Oman and the GCC region
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 </ul>
 
 
 
 
 
 Education
 
 
 
 
 
 <ul>
 <li>
 Bachelor&rsquo;s degree in any discipline, preferably in Finance/Economics/Business
 </li>
 <li>
 Master&rsquo;s Degree is preferable
 </li>
 </ul>
 
 
 
 
 
 Professional Qualifications
 
 
 
 
 
 <ul>
 <li>
 CFA, CAIA or FRM
 </li>
 </ul>
 
 
 
 
 
 Work Experience
 
 
 
 
 
 <ul>
 <li>
 Minimum 10 years work experience in banking/financial institutions with at least 5 years' experience in in asset management or investment advisory
 </li>
 <li>
 Deep expertise in domestic and regional financial markets, having strong relationships with Financial Institutions, NBFIs, takaful/insurance, pension funds, Corporates and regulatory bodies
 </li>
 <li>
 Well-versed with local and international capital market standards, rules &amp; regulations with track record of success in structuring funds and managing portfolios
 </li>
 <li>
 Proven track record of successful transaction execution and client relationship management
 </li>
 <li>
 Proven track record of driving revenue and AUMs growth
 </li>
 </ul>
 
 
 
 
 
 General Competencies
 
 
 
 
 
 <ul>
 <li>
 Strong analytical and quantitative skills
 </li>
 <li>
 Excellent communication, negotiation and presentation skills
 </li>
 <li>
 Ability to multi-task, prioritize, and pivot efficiently
 </li>
 <li>
 Excellent organization and interpersonal skills
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 Ability to build and maintain relationships with clients, colleagues, and stakeholders
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 <li>
 Competent with MS Office and comfortable with using platforms such as Bloomberg/Reuters
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 Other core competencies: Strategic thinking, Problem-solving, Self-driven, Integrity, and passion for Customers
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 </ul>
 
 
 
</div>

Portfolio Manager – Investment Advisory

<div>
 
 
 Job Purpose
 
 
 
 
 
 
 To ensure efficient processing, monitoring, and settlement of Treasury and Investment transactions, with a strong focus on investment activities, portfolio monitoring, and compliance with bank policies and regulatory requirements.
 
 
 
 
 
 
 Main Tasks &amp; Accountabilities
 
 
 
 
 
 <ul>
 <li>
 Process and monitor Treasury and Investment transactions including FX, Money Market, Sukuk, Equities, and other investment products.
 </li>
 <li>
 Handle end-to-end settlement of investment deals (Sukuk, equities, funds, IPOs, structured deals) through SWIFT, custodians, and payment systems.
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 Handling IPO subscriptions, fund investments, and structured investment transactions.
 </li>
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 Prepare and update reports related to investment portfolio, positions, MTM, and operational MIS.
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 Ensure timely settlement of treasury deals and payments through SWIFT, RTGS, ACH and other payment channels.
 </li>
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 Perform daily reconciliation of Nostro accounts and investment positions; investigate and resolve discrepancies.
 </li>
 <li>
 Monitor investment portfolio movements including MTM (Mark-to-Market), revaluation, and pricing updates.
 </li>
 <li>
 Coordinate with custodians (e.g., Euroclear) for settlement, corporate actions, and custody-related activities.
 </li>
 <li>
 Verify deal details and ensure proper matching of confirmations with counterparties and correspondent banks.
 </li>
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 Ensure all investment and treasury transactions are processed accurately and in compliance with internal policies, CBO regulations, and Sharia guidelines.
 </li>
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 Monitor cash flows related to investment activities and ensure timely funding and settlement.
 </li>
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 Investigate and resolve settlement breaks, failed trades, and operational and system enhancements related to investment operations.
 </li>
 <li>
 Participate in UAT testing for new systems or enhancements related to treasury and investment modules.
 </li>
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 Coordinate with Treasury Front Office, Finance, Risk, and Compliance to ensure smooth investment operations.
 </li>
 <li>
 Perform any other duties assigned by the unit head.
 </li>
 </ul>
 
 
 
 
 
 Education Level &ndash; Minimum
 
 
 
 Bachelor&rsquo;s Degree in Accounting
 
 
 
 
 
 
 Professional Qualifications/ Mandatory Licenses
 
 
 
 Professional banking or treasury related certifications are an advantage.
 
 
 
 
 
 
 Work Experience
 
 
 
 Minimum 3&ndash;5 years in Treasury / Investment Operations
 
 
 
 
 
 
 General Competencies
 
 
 <ul>
 <li>
 Strong knowledge in investment products (Sukuk, equities, funds)
 </li>
 <li>
 Understanding of settlement lifecycle &amp; custody processes
 </li>
 <li>
 Knowledge in MTM, revaluation, and portfolio monitoring
 </li>
 <li>
 Strong analytical and problem-solving skills
 </li>
 <li>
 Attention to detail and accuracy
 </li>
 <li>
 Ability to work under pressure
 </li>
 </ul>
</div>

Supervisor B - Treasury Operations

Join Bank Nizwa and explore 4   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Bank Nizwa

About Company

Deputy Manager - LCB & Remedial

Industry Sector Heads (Corporate Banking)

Portfolio Manager – Investment Advisory

Supervisor B - Treasury Operations