Compliance Advisor

Job Summary

Zurich Middle East is part of Zurich Insurance Group, one of the world’s largest and most experienced insurers. Our mission is to help our local community understand and protect themselves from risk both locally and globally.

We are seeking a skilled and detail-oriented individual to join our team as a Compliance Advisor. In this role, you will be responsible for delivering practical solutions, guidance, training, identifying, and managing Compliance Risks, implementing policies, processes and controls related to the Compliance Risk Universe. Interact with supervisory bodies whenever required. The Compliance Advisor will develop and implement compliance programs, conduct audits and assessments, and provide guidance to employees on compliance matters. The ideal candidate should understand regulatory requirements, good analytical skills, and the ability to communicate effectively at all levels of the organization. This position offers an exciting opportunity to contribute to the integrity and ethical standards of our company.

Job Accountabilities

As a Compliance Advisor, your role will involve:

• Reviewing, developing and implementing compliance strategies, policies, procedures, and programs to ensure adherence to applicable laws, regulations, and internal policies.
• Conducting regular compliance audits and assessments to identify potential areas of risk and non-compliance.
• Collaborating with cross-functional teams to ensure that compliance standards are integrated into business processes and practices.
• Providing guidance and training to employees on compliance matters, including ethics, anti-, data privacy, and other relevant areas.
• Monitoring changes in laws and regulations and assess their impact on the company's compliance requirements.
• Investigating and responding to compliance-related incidents, including conducting internal investigations and implementing corrective actions.
• Maintaining accurate and up-to-date records of compliance activities, including audit findings, remediation efforts, and training programs.
• Collaborating with external regulatory agencies and legal counsel, as necessary, to address compliance issues and inquiries.
• Staying updated on industry best practices and emerging trends in compliance management.
• Preparing reports and presentations for senior management and stakeholders to communicate compliance-related information and recommendations.
  

Job Qualifications

To be successful in this role, you will need:

• Bachelor’s degree in business, Law, Finance, or a related field. Advanced degree is a plus.
• 3-5 years of experience in compliance, risk management, or a related field is preferred.
• Knowledge of relevant laws, regulations, and industry standards is an added advantage.
• Possess good analytical and problem-solving skills, with the ability to assess complex situations and develop practical solutions.
• Understanding of compliance frameworks, risk assessments, and internal control systems.
• Excellent communication and interpersonal skills, with the ability to effectively communicate complex compliance concepts to diverse audiences.
• Strong attention to detail and organizational skills, with the ability to manage multiple tasks and priorities.
• Strong ethical standards and integrity, with a commitment to maintaining confidentiality and handling sensitive information.
• Proficiency in using compliance management software and tools is preferred.
• Professional certifications in compliance, such as CAMS, ICA etc are a plus.
• Ability to work independently and collaboratively in a team environment.
• Proactive and self-motivated, with a commitment to continuous learning and staying updated on regulatory developments.
  

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!

Join us as we constantly explore new ways to protect our customers and the planet .

• Location(s): BH - Manama
• Remote working: Hybrid
• Schedule: Full Time
• Recruiter name: Shu Hui Leong
• Closing date: