job_title - Associate / Senior Associate Risk

Oman Investment Authority

Develop and implement TANMIA s Enterprise Risk Management (ERM) framework aligned with COSO and leading practices.

Prepare and execute a strategic plan for the Risk Management function, defining structure, resources, and tools required.

Maintain and continuously enhance the Risk Register, identifying emerging, operational, and investment risks.

Integrate risk assessments into the investment life cycle, from deal origination to exit.

Conduct regular reviews of investment and operational processes to ensure risk exposures are identified and controlled.

Advise on risk aspects for new financial products, funds, or structures.

Prepare comprehensive risk reports (qualitative and quantitative) for Executive Management, Risk & Audit Committee (ARC), and the Board.

Provide ongoing guidance to management to strengthen internal controls and risk culture across all departments.

Continuously evaluate Tanmia s ERM framework and procedures to ensure that professional standards and performance targets are met in accordance with Tanmia s risk management policy.

Conducts reviews of investment and operations management procedures, systems, services, and documentation to ensure that risk exposures are identified, understood and controlled and/or minimized.

Work closely with the investments team to ensure that the risks throughout the investment life cycle is assessed and regularly monitored.

Review risks programs to ensure that potential weaknesses and losses are identified and associated risks brought to the attention of Tanmia s Board of Directors.

Maintain strong and effective working relationships with all focal points across departments responsible for parts of ERM framework.

Assist Tanmia s Executive Management team in the development of the strategic direction of Tanmia s Risk Management function.

Provide advice and guidance to the department managers and other managers in matters relating to risk management.

Support staff to build risk awareness within the organization; this should be achieved by running an awareness program to all staff within Tanmia.

Ensure full compliance with Financial Service Authority (FSA) regulations, fund management rules, and internal governance policies, acting as the primary liaison with regulators.

Monitor and report compliance risks, identify breaches or control gaps, and recommend corrective actions to management, ARC and the Board.

Maintain up-to-date compliance policies and registers, and conduct regular awareness and training programs to promote a strong compliance culture across the organization.

Support the Executive Management in embedding governance principles across all levels of the organization.

Evaluate internal control systems and recommend improvements to strengthen governance and operational efficiency.

Collaborate with internal audit and external auditors to ensure integrated oversight and consistent reporting of control effectiveness.

Ensure clear documentation and audit trails of risk, compliance, and governance activities.

Carry out other related duties and responsibilities as and when required by management, ARC, or the Board of Directors.

Technical and Soft Skills:

Strong understanding of various qualitative and quantitative measure used to evaluate risk especially within the investment field.

Solid knowledge of FSA regulations, investment companies and funds structures, and Omani financial and investment regulatory environment.

Has a good understanding of how an investment entity operates and the investment standards normally adopted.

Strong analytical, investigative, and problem-solving skills.

High attention to detail, and ability to manage multiple priorities.

Excellent communication and presentation skills.

Proficiency with MS Office applications and risk management tools.