Non-native fish species may generate major ecological impacts on native assemblages. This study aims to assess the potential impact of the introduced Arapaima gigas on native fish assemblages in two oxbow lakes of the Bolivian Amazon. Stable isotope data were used to determine trophic position (TP) and isotopic niche overlap, to evaluate potential predation and competition interactions, respectively. Results suggest that A. gigas is more an omnivore than a top predator, as often claimed. Arapaima gigas occupied an intermediate TP between detritivore/herbivore and piscivore fish species and showed broader isotopic niche compared to most native species analysed. The isotopic niche of A. gigas significantly overlapped with most native fish species in one lake (i.e. Lake Mentiroso), while there was low niche overlap in the second (i.e. Lake Miraflores). Given its omnivorous tendencies, the predation impact of A. gigas on other fish species is likely less than currently claimed and likely varies with the food web structure of the ecosystem. More precise data on resource availability and use are necessary to infer whether niche overlap will have negative impacts on native fish species through potential competitive interactions. Increasing our understanding on the processes generating impact of these introductions on resident communities through food web ecology will pave the way for better resource management and conservation efforts.