Finance, banking & insurance Jobs in Oman

Interested Job Profile

Why Work in the Finance, Banking & Insurance in Oman

1. Growing Industry

Oman’s finance sector has seen steady growth in recent years, especially with the government’s economic diversification plans (Vision 2040) that aim to reduce reliance on oil. This means more opportunities in banking, investments, fintech, and insurance.

2. Career Opportunities

Banking: Opportunities in corporate banking, retail banking, wealth management, risk management, and compliance.
Insurance: Roles in underwriting, claims management, risk assessment, and customer service.
Finance: Corporate finance, investment analysis, auditing, and financial planning.

These roles can span from entry-level positions to senior management, offering a solid career trajectory.

3. Competitive Salaries

Finance professionals in Oman typically enjoy competitive pay packages compared to other sectors, along with benefits like housing, medical insurance, and sometimes education allowances (depending on the employer).

4. Exposure to International Standards

Many banks and financial institutions in Oman have partnerships with international players. This means exposure to global best practices, standards, and sometimes opportunities for training abroad.

5. Multicultural Work Environment

Because Oman is an open economy and hosts a significant expatriate population, the finance sector is quite diverse, fostering a multicultural environment that broadens your professional network.

6. Regulatory Support

Oman’s Central Bank and Capital Market Authority (CMA) have modernized financial regulations in recent years, which has attracted foreign investment and created a more transparent and secure financial system.

7. Technological Advancements

The sector is rapidly embracing digital transformation: mobile banking, online insurance platforms, fintech, and digital payments. This is exciting for those who want to be at the forefront of technology-driven financial services.

8. Skills Development

Working in finance, banking, or insurance can significantly enhance your skills in areas like financial analysis, risk management, regulatory compliance, and customer relations—skills that are highly transferable within Oman and abroad.

Creative Finance, Banking & Insurance in Oman for International Candidates

1. Digital Banking & Fintech

What’s happening? Oman’s banking sector is embracing digital transformation—think mobile banking apps, digital wallets, and blockchain-based solutions.
Creative roles: UI/UX designers for banking apps, digital product managers, innovation specialists, data analysts, and cybersecurity experts.
Why international talent matters: Many banks and fintech startups in Oman are looking to adopt best practices from international markets. Candidates with experience in mature fintech ecosystems (e.g. UK, Singapore, UAE) can bring fresh perspectives.

2. Islamic Finance Innovation

What’s happening? Oman is a growing hub for Islamic banking and takaful (Islamic insurance), with Shariah-compliant financial products in high demand.
Creative roles: Product development specialists, Shariah compliance advisors, marketing strategists, and digital transformation consultants for Islamic banks.
Why international talent matters: Professionals with experience in Islamic finance from countries like Malaysia, Indonesia, or GCC can contribute innovative product ideas and help local institutions expand their portfolios.

3. Sustainability & ESG Finance

What’s happening? Oman is increasingly focusing on sustainability and green finance, aligned with Vision 2040 goals.
Creative roles: ESG analysts, sustainability consultants, green finance product developers, and risk management specialists.
Why international talent matters: Candidates who have worked in Europe, North America, or Asia-Pacific markets can bring ESG best practices and frameworks that can be adapted to Oman’s regulatory landscape.

4. Insurance Innovation

What’s happening? The insurance sector is ripe for innovation—digital insurance platforms, telematics, AI-based underwriting, and personalized products.
Creative roles: Insurtech specialists, digital marketing experts, AI/data scientists, customer experience strategists.
Why international talent matters: Global experience in launching insurtech products or leading digital transformation can help local insurers stay competitive.

5. Cross-Cultural Management

What’s happening? Many financial institutions in Oman have multicultural workforces and clients.
Creative roles: HR business partners, diversity & inclusion specialists, training and development consultants.
Why international talent matters: Professionals with cross-cultural management skills can bridge gaps and foster collaborative, high-performing teams.

Types of Finance, Banking & Insurance Jobs in Oman

1. Retail Banking Jobs

Customer Service Representative
Relationship Manager
Branch Manager
Personal Banker
Credit Officer

2. Corporate & Investment Banking Jobs

Corporate Relationship Manager
Trade Finance Officer
Treasury Dealer
Investment Analyst
Structured Finance Specialist

3. Risk Management & Compliance

Risk Analyst
Compliance Officer
Internal Auditor
AML/KYC Specialist

4. Finance & Accounting

Financial Analyst
Accountant
Finance Manager
Management Accountant
Financial Controller

5. Insurance Sector Jobs

Underwriter
Claims Officer
Risk Assessor
Actuary
Business Development Manager

6. Islamic Finance

Shariah Compliance Officer
Product Development Specialist
Relationship Manager (Islamic Banking)
Islamic Finance Advisor

7. Digital & Fintech Roles

Digital Banking Product Manager
Data Analyst
UI/UX Designer
Mobile Banking Developer
Cybersecurity Specialist

8. Back Office & Operations

Operations Officer
Payment Processing Specialist
Reconciliation Specialist
Documentation Officer

9. Wealth Management & Private Banking

Wealth Manager
Portfolio Manager
Investment Advisor
Relationship Manager

10. Management & Leadership Roles

Branch Manager
Department Head (e.g. Risk, Compliance, Treasury)
Chief Financial Officer
Head of Retail/Corporate Banking
CEO or Managing Director (in larger organizations)

Average Salary of Top 20 Job Profile of Finance, Banking & Insurance in Oman

Job Title	OMR/Month	USD/Month	INR/Month
Chief Financial Officer	3,000–5,000	7,800–13,000	₹6,50,000–₹11,00,000
Head of Retail Banking	3,000–4,500	7,800–11,700	₹6,50,000–₹10,00,000
Head of Risk Management	2,500–4,000	6,500–10,400	₹5,40,000–₹9,00,000
Treasury Dealer	1,800–3,200	4,700–8,300	₹3,80,000–₹7,20,000
Relationship Manager	1,500–2,500	3,900–6,500	₹3,20,000–₹5,60,000
Financial Analyst	1,200–2,000	3,100–5,200	₹2,60,000–₹4,40,000
Corporate Relationship Mgr.	1,500–2,500	3,900–6,500	₹3,20,000–₹5,60,000
Credit Analyst	1,200–1,800	3,100–4,700	₹2,60,000–₹4,20,000
Internal Auditor	1,500–2,200	3,900–5,700	₹3,20,000–₹4,90,000
Compliance Officer	1,500–2,200	3,900–5,700	₹3,20,000–₹4,90,000
Islamic Finance Officer	1,200–2,000	3,100–5,200	₹2,60,000–₹4,40,000
Product Development Mgr.	1,500–2,500	3,900–6,500	₹3,20,000–₹5,60,000
Insurance Underwriter	1,200–1,800	3,100–4,700	₹2,60,000–₹4,20,000
Claims Officer	1,000–1,500	2,600–3,900	₹2,10,000–₹3,20,000
Risk Analyst	1,200–1,800	3,100–4,700	₹2,60,000–₹4,20,000
Wealth Manager	1,800–3,000	4,700–7,800	₹3,80,000–₹6,50,000
Portfolio Manager	2,000–3,500	5,200–9,100	₹4,30,000–₹7,60,000
Data Analyst (Banking)	1,200–2,000	3,100–5,200	₹2,60,000–₹4,40,000
Branch Manager	1,500–2,500	3,900–6,500	₹3,20,000–₹5,60,000
Operations Officer	1,000–1,500	2,600–3,900	₹2,10,000–₹3,20,000

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

1. Valid Work Visa (Employment Visa)

International candidates must secure an employment visa sponsored by an Omani employer.
The employer typically initiates the process after offering you a job and will handle the paperwork with the Ministry of Labour and the Royal Oman Police (ROP).
The visa is usually valid for 1-2 years and renewable.

2. Educational Qualifications

A bachelor’s degree (minimum) in finance, banking, accounting, business, economics, or a related field is generally required.
For specialized or senior roles (e.g. risk management, investment banking), employers often prefer a master’s degree (e.g. MBA, MSc Finance) or professional certifications like CFA, CPA, ACCA, FRM, or CII.

3. Relevant Work Experience

Most finance-related roles expect 2-5 years of experience in a similar position.
Senior roles (e.g. Head of Risk, CFO) often require 8-10+ years of relevant experience.
Experience in international banking, Islamic finance, or fintech can be especially attractive.

4. Professional Certifications (Optional but Preferred)

Finance: CFA, CPA, ACCA
Banking: Chartered Banker, CIBAFI
Risk Management: FRM, PRM
Insurance: CII, CPCU
These add credibility and increase employability, especially for mid to senior-level roles.

5. Language Requirements

English is the main business language in Oman’s financial sector, so fluency is essential.
Arabic is an advantage (especially for client-facing roles), but not always mandatory.

6. Skills & Competencies

Technical skills relevant to the role (e.g. financial modeling, credit analysis, risk assessment).
Soft skills like communication, teamwork, adaptability, and cultural sensitivity are highly valued.
Familiarity with international banking regulations and best practices can give you an edge.

7. Medical & Security Clearances

You must pass a medical exam in Oman after arrival (to check for communicable diseases).
A police clearance certificate from your home country (sometimes required) to demonstrate good conduct.

8. Employer Sponsorship

The hiring organization in Oman must sponsor your visa application and provide a job offer.
Direct applications to Omani companies or through recruitment agencies are common pathways.

General Roles and Responsibilities in Finance, Banking & Insurance Jobs in Oman with 20 Job Profiles

Job Title	General Roles & Responsibilities
1. Chief Financial Officer (CFO)	Oversee financial planning, budgeting, forecasting, financial reporting, and strategic financial management. Advise executive leadership on financial performance and risk management.
2. Head of Retail Banking	Lead retail banking operations, branch networks, and customer service. Develop retail banking products and grow market share.
3. Corporate Relationship Manager	Manage relationships with corporate clients. Develop and deliver tailored banking solutions like loans, trade finance, and treasury products.
4. Financial Analyst	Analyze financial data, create forecasts and budgets, provide insights for decision-making, and support investment decisions.
5. Credit Analyst	Assess creditworthiness of individuals or companies. Analyze financial statements and recommend credit limits. Monitor loan performance.
6. Risk Manager	Identify, analyze, and mitigate financial, operational, and compliance risks. Develop risk frameworks and ensure adherence to regulatory requirements.
7. Compliance Officer	Ensure the institution complies with local and international regulations. Conduct internal reviews and training, monitor suspicious activities (AML/KYC).
8. Internal Auditor	Evaluate internal controls, processes, and financial statements. Identify risks and recommend improvements.
9. Treasury Dealer	Manage liquidity, foreign exchange, money markets, and other treasury operations. Optimize cash flow and investment of funds.
10. Investment Analyst	Conduct market research, analyze investment opportunities, build financial models, and recommend investment strategies.
11. Islamic Finance Officer	Develop and manage Shariah-compliant financial products. Ensure adherence to Islamic finance principles and liaise with Shariah boards.
12. Insurance Underwriter	Assess insurance applications, evaluate risks, set premium rates, and approve or decline coverage.
13. Claims Officer	Process and evaluate insurance claims. Investigate, settle, or deny claims according to policy terms.
14. Actuary	Analyze statistical data, calculate risks, and design insurance policies. Develop pricing models and reserves for insurers.
15. Branch Manager	Oversee branch operations, staff management, sales targets, and customer service. Ensure compliance with policies.
16. Product Development Manager	Design and develop new banking or insurance products. Conduct market research and coordinate with sales and marketing teams.
17. Wealth Manager	Advise high-net-worth clients on investments, estate planning, and wealth preservation. Build and maintain client relationships.
18. Portfolio Manager	Manage investment portfolios, analyze market trends, select assets, and optimize returns while managing risk.
19. Data Analyst (Banking/Finance)	Analyze financial data, customer behavior, and market trends. Support decision-making with actionable insights and reports.
20. Operations Officer	Handle back-office operations such as payments processing, reconciliations, transaction settlements, and record-keeping.

General Job Eligibility to work in Finance, Banking & Insurance in Oman with 20 Job Profiles

Job Title	General Eligibility Requirements
1. Chief Financial Officer (CFO)	Bachelor’s degree in finance/accounting (MBA/CFA/ACCA preferred); 10+ years of senior finance leadership experience.
2. Head of Retail Banking	Bachelor’s in finance or business; 8–10+ years in retail banking with leadership experience.
3. Corporate Relationship Manager	Bachelor’s in finance/business; 4–6 years in corporate banking relationship management.
4. Financial Analyst	Bachelor’s in finance/economics/accounting; 2–4 years in financial analysis or investment roles.
5. Credit Analyst	Bachelor’s in finance/accounting; 2–4 years in credit risk or loan assessment.
6. Risk Manager	Bachelor’s in finance/economics; 5+ years in risk management (FRM/PRM certification preferred).
7. Compliance Officer	Bachelor’s in finance/law/business; 3–5 years in compliance or regulatory roles (AML/KYC knowledge).
8. Internal Auditor	Bachelor’s in accounting/finance; 3–5 years in auditing (CIA/ACCA/CISA certifications preferred).
9. Treasury Dealer	Bachelor’s in finance/economics; 3–5 years in treasury operations or FX/money market dealing.
10. Investment Analyst	Bachelor’s in finance/economics; 2–4 years in investment analysis or portfolio management (CFA a plus).
11. Islamic Finance Officer	Bachelor’s in finance/Islamic finance; 2–4 years in Islamic banking or Shariah-compliant finance.
12. Insurance Underwriter	Bachelor’s in insurance/business; 2–4 years in underwriting or risk assessment.
13. Claims Officer	Bachelor’s in insurance/finance; 1–3 years in claims processing or insurance operations.
14. Actuary	Bachelor’s in actuarial science/math/statistics; 3–5 years’ experience (actuarial exams/certifications preferred).
15. Branch Manager	Bachelor’s in finance/business; 5+ years in retail banking with branch operations experience.
16. Product Development Manager	Bachelor’s in finance/marketing/business; 4–6 years in banking/insurance product development.
17. Wealth Manager	Bachelor’s in finance/business; 4–6 years in wealth management or private banking (CFA/CWM a plus).
18. Portfolio Manager	Bachelor’s in finance/economics; 5+ years in portfolio management or asset management (CFA preferred).
19. Data Analyst (Banking/Finance)	Bachelor’s in data science/statistics/finance; 2–4 years in data analysis or business intelligence.
20. Operations Officer	Bachelor’s in finance/business; 2–3 years in banking operations or back-office support.

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

Job Title	Typical Experience Required
1. Chief Financial Officer (CFO)	10–15+ years in senior finance roles, including leadership experience.
2. Head of Retail Banking	8–12+ years in retail banking, with management experience.
3. Corporate Relationship Manager	4–6 years in corporate banking relationship management.
4. Financial Analyst	2–4 years in financial analysis or investment roles.
5. Credit Analyst	2–4 years in credit risk assessment or lending analysis.
6. Risk Manager	5–8 years in risk management, preferably with relevant certifications.
7. Compliance Officer	3–5 years in compliance, regulatory affairs, or AML/KYC.
8. Internal Auditor	3–5 years in internal auditing, preferably in banking or finance.
9. Treasury Dealer	3–5 years in treasury operations, FX, or money market dealing.
10. Investment Analyst	2–4 years in investment analysis, research, or portfolio support.
11. Islamic Finance Officer	2–4 years in Islamic banking or Shariah-compliant finance.
12. Insurance Underwriter	2–4 years in underwriting or insurance risk assessment.
13. Claims Officer	1–3 years in claims processing or insurance operations.
14. Actuary	3–5 years in actuarial roles, with exams or certifications underway.
15. Branch Manager	5–8 years in retail banking, with supervisory experience.
16. Product Development Manager	4–6 years in banking/insurance product development or marketing.
17. Wealth Manager	4–6 years in wealth management, private banking, or investment advisory.
18. Portfolio Manager	5–8 years in portfolio management or asset management roles.
19. Data Analyst (Banking/Finance)	2–4 years in data analytics, business intelligence, or financial modeling.
20. Operations Officer	2–3 years in banking or finance operations, back-office processes.

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

Company Name	Sector	Details
Bank Muscat	Banking	The largest bank in Oman; frequently hires experienced international professionals for areas like corporate banking, risk management, digital banking, and wealth management.
National Bank of Oman (NBO)	Banking	Strong focus on corporate and retail banking; offers roles in digital transformation, relationship management, and compliance.
Bank Dhofar	Banking	Known for technology-driven banking and innovation; opportunities in product development, treasury, and branch management.
Oman Arab Bank (OAB)	Banking	Active in digital banking, SME banking, and fintech partnerships; hires international talent in areas like risk, compliance, and treasury.
HSBC Oman	Banking	Part of the global HSBC group; hires for corporate banking, risk, and compliance roles. International candidates often recruited for leadership and specialist positions.
Sohar International	Banking	Expanding retail and corporate banking operations; seeks international professionals for roles like risk, treasury, and digital banking.
Muscat Insurance Company	Insurance	Opportunities for international experts in underwriting, claims, and reinsurance.
National Life & General Insurance (NLGIC)	Insurance	A large insurance provider; roles in underwriting, product development, and actuarial analysis.
Al Ahlia Insurance Company	Insurance	A key player in the general insurance market; hires for roles like claims, underwriting, and risk assessment.
Central Bank of Oman (CBO)	Regulatory/Finance	Primarily hires local talent but occasionally brings in international experts for specialized regulatory, risk management, or technical advisory roles.
Capital Market Authority (CMA)	Regulatory/Finance	Regulates financial markets and insurance; occasionally recruits international consultants for projects in compliance and regulation.
Oman Reinsurance Company (Oman Re)	Reinsurance	Recruits international talent for underwriting, risk analysis, and actuarial roles.
Meethaq Islamic Banking (Bank Muscat’s Islamic window)	Islamic Banking	A growing sector; roles in product development, Shariah compliance, and Islamic finance advisory.
Ahli Bank Oman	Banking	Expanding presence; hires international candidates in corporate banking, trade finance, and operations.
Majan Exchange	Remittances/Payments	Occasionally recruits international candidates for compliance and AML roles, as well as fintech development.
Bank Nizwa	Islamic Banking	Focus on Islamic finance products; hires specialists in Shariah compliance, product development, and risk management.
Dhofar Insurance Company	Insurance	Offers opportunities in underwriting, claims, and product development.
Oman Insurance Association	Industry Body	Though primarily local, sometimes collaborates with international consultants on policy and regulatory initiatives.
Gulf Baader Capital Markets	Investment Banking	Occasionally recruits international candidates in asset management, trading, and research.
Takaful Oman	Takaful/Islamic Insurance	Opportunities in underwriting, product development, and Shariah advisory.