Are you a Compliance professional and looking for a new opportunity based in BERMUDA?
My client is a Global Insurance and Reinsurance company and they are currently recruiting for a Compliance Officer to work in their Bermuda operation.
Their ideal candidate will be an Insurance Market Compliance specialist with 5+ years of experience who's interested in taking on a very exciting and unique opportunity to work in the Bermuda branch of a global Insurance and Reinsurance business.
The candidate will have direct contact and exposure to the main board and will be regularly liaising directly with the regulators.
New Job – Compliance Officer
Global Insurance and Reinsurance Company
Very exciting and unique opportunity to work in Bermuda!!!
Salary + Bonus + Package - Negotiable
Role Summary
Compliance framework, policies and procedures
- Develop and maintain a robust, risk-based compliance framework to facilitate the company’s adherence to applicable regulatory and legislative requirements and the company’s own internal policies, procedures and controls
- Provide expert guidance to the business on compliance/regulatory matters
Monitoring of compliance and regulatory risk
- Assist the senior management, Board and other governance functions in identifying, assessing and monitoring areas of regulatory risk
- Monitor the regulatory and legislative landscape and assess its impact on the business
- Manage regulatory submissions
- Pro-actively monitor the company’s compliance with policies, procedures, and controls
Regulatory relationships
- Develop and maintain open and transparent relationships with regulators in Bermuda
- Acting as an effective principal representative for the Group.
Financial crime prevention
- Mitigate the risks to the company posed by financial crime (e.g., money laundering, terrorist financing, financial sanctions and fraud)
Regulatory reporting
- Prepare compliance reports for the company’s senior management, Board of Directors and relevant committees
Compliance-aware culture
- Embed and develop a strong compliance culture in the Company
Co- Sec Accountabilities
- Attending Board and Committee meeting and minute taking an issuance
- Filing of Key returns and ensuring all records are up to date
- Timely Preparation of committee packs and necessary documentation ahead of meetings
Skills and Demonstrated Experience
- Demonstrable significant relevant compliance and company secretarial experience, preferably within the re/insurance arena
If you would like to discuss this opportunity and/or have questions around how the process of re-location might work, please drop me a line or call me.
Kind Regards
Lee
