Regulatory Compliance Advisor - Insurance

Discipline: Compliance, Regulatory
Job type: Full-time
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15939
Published: about 1 year ago
Our client is an established company and is seeking to recruit for a Regulatory Compliance Advisor. The person will be focused on compliance advisory within Insurance. 

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.