The Role
Senior Compliance Officer
The candidate will form part of the Compliance Team that has responsibility for compliance of the Management Company and all clients under management.
Specifically:
• Support the client servicing teams in the delivery of services to insurance and reinsurance companies under management, ensuring that those client companies remain compliant with applicable regulations and legislation.
• Act as the named Compliance Officer for a number of entities as approved by MFSA.
• Advise the Management Company and clients under management on applicable laws, rules, regulations and codes of practice to ensure business is conducted in a compliant manner, providing insight on industry best practice, and benchmarking.
• Reporting to client company Boards on applicable regulation and legislation, and on the extent of their compliance with regulation and legislation.
• Be of support to other Compliance Officers and the wider Captive and Insurance Management Solutions team in the ongoing development, implementation and management of an appropriate risk-based compliance monitoring programme.
• Review and assess compliance breaches and remediation.
• Provide training in compliance matters as appropriate.
• Keep up to date with future compliance developments and be a source of advice and guidance on this and related issues to the Company and Clients.
• Continually review and adapt the compliance infrastructure in response to any changes in the compliance environment.
The Requirements
• Third level degree and relevant qualifications.
• Minimum 3 to 5 years’ experience as the named compliance officer (PQ’d), preferably in an insurance business or within the insurance industry
• Ability to understand and interpret regulatory requirements. Knowledge and experience of the local regulatory environment would be an advantage.
• Ability to communicate with colleagues and clients at all business levels, including Board Directors.
• Excellent organization and time management skills with the ability to prioritize workload.
• Strong inter-personal and communication skills including ability to deliver information in a clear and concise manner.
• Ability to manage multiple simultaneous tasks in a high pressure, deadline-driven environment.
We are committed to equal employment opportunities at WTW