Jobs in Oman Apply Now

Interested Job Profile
Training Duration

Finance,Banking & Insurance Job Market in Oman for International Citizens

  1. Banking: Oman has a well-established banking sector, with both local and international banks operating in the country. The banking industry in Oman offers opportunities in areas such as retail banking, corporate banking, investment banking, wealth management, and risk management. Roles include branch managers, relationship managers, credit analysts, investment advisors, and operations officers.

  2. Insurance: The insurance industry in Oman is steadily growing, providing coverage for various sectors, including life, health, motor, property, and marine insurance. International candidates can find opportunities in insurance companies as underwriters, claims officers, risk managers, sales executives, and product managers.

  3. Financial Services: The financial services sector in Oman encompasses a wide range of activities, including asset management, financial planning, investment advisory, brokerage services, and capital markets. International citizens can explore roles in financial institutions, investment firms, and consulting companies.

  4. Islamic Finance: Oman has a significant presence in the Islamic finance industry. Islamic banks and financial institutions offer Sharia-compliant products and services, such as Islamic banking, Islamic investment funds, and Takaful (Islamic insurance). International candidates with expertise in Islamic finance and knowledge of Sharia principles can find opportunities in this sector.

  5. Regulatory Bodies: Oman has regulatory bodies responsible for overseeing the finance and insurance sectors, such as the Central Bank of Oman (CBO) and the Capital Market Authority (CMA). These organizations may offer employment opportunities for international professionals with regulatory and compliance expertise.

  6. Financial Technology (Fintech): With the rise of fintech globally, Oman is also witnessing the growth of the fintech sector. Fintech companies are emerging, offering digital payment solutions, online banking services, and innovative financial technologies. International candidates with expertise in fintech, digital banking, cybersecurity, and data analytics can explore opportunities in this dynamic sector.

Average Salary of Finance,Banking & Insurance Industry in Oman

Job Profile Average Salary (OMR/month)
Bank Branch Manager 1,500 - 2,500
Relationship Manager 1,200 - 2,000
Credit Analyst 1,200 - 2,000
Investment Advisor 1,500 - 2,500
Operations Officer 800 - 1,500
Risk Manager 1,800 - 3,000
Sales Executive (Banking) 800 - 1,500
Underwriter (Insurance) 1,200 - 2,000
Claims Officer (Insurance) 1,000 - 1,800
Product Manager (Insurance) 1,800 - 3,000
Financial Analyst 1,500 - 2,500
Compliance Officer 1,800 - 3,000
Treasury Manager 1,800 - 3,000
Wealth Manager 1,800 - 3,500
Audit Manager 2,500 - 4,000
Financial Controller 2,500 - 4,500
Chief Financial Officer (CFO) 3,500 - 6,000
Investment Manager 2,500 - 4,000
Risk Analyst 1,500 - 2,500
Insurance Broker 1,200 - 2,000

Finance,Banking & Insurance Jobs in Canada

Job Eligibility to Work in Finance,Banking & Insurance Industry in Oman for International Job Applicants

  1. Work Permit and Visa: You would need a valid work permit and employment visa to work legally in Oman. Your prospective employer would typically sponsor your work permit and assist you in obtaining the necessary visa.

  2. Qualifications and Experience: Most finance, banking, and insurance roles require relevant educational qualifications and professional experience. Ensure that your qualifications align with the job requirements. Possessing a degree in finance, accounting, business administration, or a related field is often beneficial.

  3. Language Proficiency: Proficiency in English is essential for most positions in the finance, banking, and insurance industry in Oman. Good communication skills in Arabic can also be advantageous, as it is one of the official languages in Oman.

  4. Industry Knowledge and Skills: Having a solid understanding of finance, banking, or insurance practices, regulations, and industry trends is important. Depending on the job role, specific skills such as financial analysis, risk management, relationship management, or underwriting may be required.

  5. Professional Certifications: Holding relevant professional certifications can enhance your eligibility and competitiveness. Examples include Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), or other certifications specific to banking or insurance.

  6. Licensing and Regulatory Requirements: Certain roles in the finance, banking, and insurance industry may require you to obtain specific licenses or certifications from regulatory bodies in Oman. This can include licenses for financial advisory services, insurance brokerage, or compliance-related functions.

  7. Background Checks: Employers may conduct background checks on international job applicants, including verification of educational credentials and employment history.

General Roles and Responsibilities in Finance,Banking & Insurance Jobs in Oman

Job Profile Roles and Responsibilities
Financial Analyst Analyzing financial data, preparing reports, and making forecasts
Bank Teller Assisting customers with transactions and cash handling
Insurance Agent Selling insurance policies and providing customer service
Investment Manager Managing investment portfolios and analyzing market trends
Credit Analyst Assessing creditworthiness and making recommendations
Risk Manager Identifying and managing financial risks
Underwriter Evaluating insurance applications and determining coverage
Loan Officer Evaluating loan applications and assisting with loan disbursement
Financial Controller Overseeing financial reporting and ensuring compliance
Branch Manager Managing branch operations and supervising staff
Actuary Assessing financial risks and designing insurance policies
Wealth Manager Advising clients on investment strategies and wealth management
Compliance Officer Ensuring adherence to regulatory requirements
Claims Adjuster Investigating and settling insurance claims
Internal Auditor Evaluating internal controls and identifying areas for improvement
Relationship Manager Building and maintaining relationships with clients
Treasury Analyst Managing cash flow, liquidity, and investments
Mortgage Specialist Assisting customers with mortgage applications and processing
Risk Analyst Analyzing and assessing potential risks
Financial Planner Helping clients plan and achieve their financial goals


General Job Eligibility to work in Finance,Banking & Insurance Industry in Oman

Job Profile Eligibility Requirements
Financial Analyst Bachelor's degree in finance or related field
Bank Teller High school diploma or equivalent
Insurance Agent High school diploma or equivalent
Investment Manager Bachelor's degree in finance or related field
Credit Analyst Bachelor's degree in finance or related field
Risk Manager Bachelor's degree in finance or related field
Underwriter Bachelor's degree in finance or related field
Loan Officer Bachelor's degree in finance or related field
Financial Controller Bachelor's degree in finance or accounting
Branch Manager Bachelor's degree in finance or related field
Actuary Bachelor's degree in actuarial science or related field
Wealth Manager Bachelor's degree in finance or related field
Compliance Officer Bachelor's degree in finance, law, or related field
Claims Adjuster High school diploma or equivalent
Internal Auditor Bachelor's degree in finance, accounting, or related field
Relationship Manager Bachelor's degree in finance or related field
Treasury Analyst Bachelor's degree in finance or related field
Mortgage Specialist Bachelor's degree in finance or related field
Risk Analyst Bachelor's degree in finance, mathematics, or related field
Financial Planner Bachelor's degree in finance or related field

Finance,Banking & Insurance Jobs in UAE

Experience Required to work in Finance,Banking & Insurance Industry in Oman

  1. Entry-Level Positions: These roles are often suitable for fresh graduates or individuals with limited work experience. They typically do not require prior experience but may prefer candidates with internships or relevant coursework.

  2. Mid-Level Positions: These positions generally require a few years of relevant work experience in the field. The specific requirement can vary, but typically ranges from 2 to 5 years of experience.

  3. Senior-Level Positions: Senior roles in finance, banking, and insurance typically require a significant amount of experience and expertise. The specific requirement can vary widely, but it is not uncommon for such positions to require 5 to 10 years or more of relevant experience.

  4. Executive-Level Positions: Executive roles, such as chief financial officer (CFO) or chief risk officer (CRO), often necessitate a substantial amount of experience, typically more than 10 years, along with proven leadership and strategic skills.

Top Hiring Companies in Oman to International Candidates in Finance,Banking & Insurance Industry

  1. Bank Muscat
  2. National Bank of Oman
  3. HSBC Bank Oman
  4. Bank Dhofar
  5. Oman Arab Bank
  6. Oman Investment and Finance Co. (OIFC)
  7. Gulf Insurance Group
  8. Takaful Oman Insurance
  9. United Insurance Company (UIC)
  10. AXA Insurance Oman
  11. Oman Insurance Company (OIC)
  12. Al Ahlia Insurance Company
  13. Taageer Finance Company
  14. Omani Qatari Telecommunications Company (Ooredoo Oman)
  15. Bank Sohar
  16. Meethaq Islamic Banking
  17. Bank Nizwa
  18. Oman International Development and Investment Company (Ominvest)
  19. Ahlibank Oman
  20. Alizz Islamic Bank

CV and Resume Format to apply for the Finance,Banking & Insurance Jobs in Oman

  1. Personal Information:

    • Full Name
    • Contact Information (phone number, email address)
    • Address (optional)
  2. Professional Summary/Objective:

    • A brief statement summarizing your career goals, skills, and experience in the finance, banking, and insurance industry.
  3. Education:

    • List your academic qualifications in reverse chronological order.
    • Include the degree obtained, institution name, location, and dates of attendance.
    • Highlight any relevant coursework or honors.
  4. Professional Experience:

    • List your work experience in reverse chronological order.
    • Include the job title, company name, location, and employment dates.
    • Provide a brief description of your roles, responsibilities, and accomplishments.
    • Emphasize any experience related to finance, banking, and insurance.
  5. Skills:

    • Highlight your relevant skills, such as financial analysis, risk management, banking operations, insurance sales, etc.
    • Include both technical skills (e.g., proficiency in financial software, data analysis) and soft skills (e.g., communication, problem-solving).
  6. Certifications and Training:

    • Mention any professional certifications, licenses, or specialized training relevant to the industry (e.g., CFA, CPA, banking certifications).
  7. Language Skills:

    • Specify your proficiency in languages, especially if you are multilingual.
  8. Achievements and Awards:

    • Mention any notable achievements or awards related to your work or academic performance.
  9. References:

    • Optionally, provide references from previous employers or academic supervisors. Include their names, positions, contact information, and their consent to be contacted.

Step by Step about How to apply for Finance,Banking & Insurance Jobs in Oman

  1. Research the Job Market: Gain a good understanding of the finance, banking, and insurance industry in Oman. Research the current job market, including the types of roles available, in-demand skills, and the leading companies in the sector.

  2. Identify Job Opportunities: Look for job openings that match your qualifications and career goals. Check online job portals, company websites, professional networking platforms, and local newspapers for job advertisements. Networking with professionals in the industry and attending job fairs or industry events can also provide potential leads.

  3. Prepare Your Documents:

    • CV or Resume: Tailor your CV or resume to highlight your relevant skills, experience, and qualifications. Follow the recommended CV/resume format mentioned earlier in this conversation.
    • Cover Letter: Draft a cover letter expressing your interest in the specific position and explaining how your skills and experience make you a suitable candidate.
  4. Submit Your Application:

    • Online Applications: Many companies in Oman provide online application systems. Visit the company's website or job portals, create an account if required, and submit your application online. Attach your CV/resume and cover letter in the specified formats.
    • Email Applications: If applying via email, ensure your subject line is clear and concise, indicating the job position you're applying for. Attach your CV/resume and cover letter as PDF or Word documents. Write a brief, professional email introducing yourself and expressing your interest in the position.
  5. Follow Up: After submitting your application, it's a good practice to follow up with the employer. Wait for a reasonable period (usually 1-2 weeks) before sending a polite email to inquire about the status of your application or express your continued interest in the role.

  6. Prepare for Interviews: If your application is shortlisted, you may be invited for an interview. Research the company, review common interview questions in the finance, banking, and insurance industry, and prepare thoughtful answers that highlight your skills and experiences.

  7. Attend Interviews: Dress professionally and arrive on time for the interview. Be prepared to discuss your qualifications, relevant experiences, and demonstrate your knowledge of the industry. Ask thoughtful questions about the company and the role to show your interest and engagement.

  8. Provide References: If requested, provide references from previous employers or academic supervisors. Ensure you have consent from your references to share their contact information.

  9. Negotiate and Accept an Offer: If you receive a job offer, carefully evaluate the terms and conditions. Negotiate if needed, considering factors such as salary, benefits, and work conditions. Once you're satisfied, formally accept the offer in writing and express your gratitude.


Our Partners