Duties include:
- Assist the Head of Compliance Services to provide day-to-day support in the development, implementation and maintenance of regulatory compliance and financial crime compliance programs for a variety of clients within the insurance space;
- Assist with the development and implementation of compliance policies and procedures-ensure compliance policies and procedures are effectively communicated to client, in accordance with the client’s regulatory requirements;
- Monitor and interpret new regulations which could impact clients;
- Monitor MFSA circulars etc. to follow up with clients;
- Assist in the submit quarterly compliance reports;
- Assist in conducting onsite compliance visits;
- Assist regulators during their onsite visits; and
- Handling correspondence with regulatory authorities
Requirements:
- Strong analytical skills;
- Be in possession of a tertiary degree or professional qualification related to law, banking and finance and investment services;
- An understanding of the role of the compliance officer, the compliance program development and its maintenance;
- An understanding of laws and regulations surrounding insurance business and their application.
- Ability to think critically to efficiently and effectively provide solutions to regulatory issues;
- Possess good verbal, written and interpersonal communication skills;
- Strong, independent self –starter, as well as be capable to work in a team; and
- Strong research and time management skills
An attractive salary will be offered to the selected candidate.