Risk and Compliance Manger - Insurance - DIFC


Location:

Dubai

Date posted:

19th July 2018

Employment type:

Permanent

Job reference:

65500-0010542952

Staffing area:

Financial Services


Description

The Company

My client, a multinational insurer, based in the DIFC is seeking a Risk and Compliance Manager to ensure that the company is conducting its business in full compliance with all national and international laws and regulations that pertain to its particular industries, as well as professional standards, accepted business practices, and internal standards.

The Role

  • Implement the company wide compliance program, supporting the business units in alignment with the common compliance priorities and standards for the region
  • Take responsibility to ensure that the business units, implement the elements of the company required compliance policies, taking into account local regulations
  • Develop and oversee control systems to prevent or deal with violations of legal guidelines and internal policies
  • Evaluate the efficiency of controls and improve them continuously
  • Follow up the effective implementation of audit recommendations within the established timeframe
  • Monitoring of 1st level operational control plans and implementation of 2nd level operational controls, updating of operational risk mapping
  • Implementation of risk management and control policies defined at Group level
  • Monitoring of all risks and incidents
  • Animation of the risk management, participation in strengthening of the risk culture and be part of local committees
  • Monitoring regulatory developments in conjunction with the region
  • Continuity and disaster recovery plans maintained in operational conditions at local level.

The Candidate

  • Experience in Compliance, Audit or Legal function
  • Strong project management skills and execution focus
  • Knowledge of process and program design and implementation
  • Previous Insurance experience is ESSENTIAL


Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1, Office Unit 104, P.O. Box 482100
Dubai
+971 (0) 4 382 6700
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