COMPLIANCE MANAGER

Jeddah, KSA

About the Company

A well-reputed Insurance Broker is currently looking to hire an experienced Compliance Manager to join their team in Jeddah, KSA.

About the Role

  • Develop, implement, document and update as needed compliance monitoring and risk mitigation strategies, systems, procedures, and control to meet SAMA’s regulatory requirements, directives and AML regulation;
  • Support functions implementing compliance programs;
  • Engage with functions to timely prepare regulatory reports
  • Present new circulars and directives to functions, and ensure follow-up on required actions;
  • Define and implement AML & Anti-fraud policies and procedures;
  • Prepare for a system in AML for observation and monitoring;
  • Elaborate compliance report status for the Audit Committee

About the Individual

  • Has a bachelor’s degree with a minimum of 3-5 years of insurance industry experience,
  • Preferably Certified Compliance Officer (CCO)
  • Preferably having insurance brokerage experience
  • Excellent writing, communication and presentation skills.
  • A demonstrable ability to manage projects to completion
  • Aptitude and attitude for Compliance, ethical behavior and avoiding conflicts of interest demonstrated by personal integrity and accountability.
  • Experience with Corporate Governance related to SAMA & CMA regulations
  • Location: Jeddah (candidates should be based in Jeddah or ready to relocate to Jeddah)

Salary

Salary commensurate based on Candidates’ experience

Benefits

An excellent bonus scheme and other benefits

Akshaya

Akshaya Ananth

Recruitment Associate

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