Compliance Consultant
Venture Search · Dubai, United Arab Emirates
Apply & track with Apply EdgeCompliance Consultant We are currently partnering with a leading firm specialising in providing comprehensive regulatory, compliance and risk services to the financial services sector, in the search for a Compliance Consultant to join their growing Insurance team.This is an excellent opportunity for a compliance professional with commercial insurance experience who is looking to broaden their exposure across a diverse portfolio of clients and work within a fast-paced, international consulting environment.The successful candidate will ideally come from an insurance company, insurance broker, MGA, or another commercial insurance environment, with a strong understanding of the regulatory and compliance considerations specific to the insurance sector.Position SummaryThe successful candidate will support a portfolio of clients across compliance, regulatory and risk matters, helping them navigate an increasingly complex regulatory environment.You will work closely with senior consultants and client stakeholders to deliver practical compliance solutions, undertake monitoring and reviews, support regulatory requirements, and provide ongoing advice across a range of engagements.Key ResponsibilitiesProvide day-to-day compliance and regulatory support to clients across the insurance and wider financial services sectors.Apply your understanding of commercial insurance operations, products, distribution models and regulatory requirements to client engagements.Support clients with regulatory compliance frameworks, policies, procedures and controls.Conduct compliance monitoring reviews, thematic reviews and gap analyses, identifying areas of regulatory and operational risk.Assist with the development, enhancement and implementation of compliance monitoring programmes.Provide practical guidance to clients on regulatory developments and their impact on business operations.Support client onboarding, KYC, AML and customer due diligence processes where applicable.Assist with regulatory reporting, notifications, submissions and ongoing regulatory obligations.Support clients with regulatory change projects, ensuring relevant requirements are appropriately incorporated into policies, procedures and controls.Assist with the identification, assessment and management of compliance and regulatory risks.Prepare compliance reports, monitoring reports, policies, procedures, risk assessments and client correspondence.Work closely with senior team members on client projects, regulatory reviews, remediation exercises and authorisation projects.Where appropriate, take on designated compliance responsibilities for client engagements.Develop and maintain strong relationships with clients, acting as a trusted point of contact for day-to-day compliance matters.Keep up to date with regulatory developments affecting the insurance and financial services sectors and communicate relevant changes to clients.Contribute to proposals, presentations and business development activities.Support industry events, thought leadership and other initiatives that contribute to the firm's market presence.Maintain accurate client records and ensure internal administrative and reporting requirements are completed in a timely manner.Contribute to wider consulting, outsourcing and project-based assignments across multiple jurisdictions.RequirementsMinimum 3 years' relevant experience within Compliance, Risk or Regulatory functions in the insurance sector.Commercial insurance experience is essential.Experience gained within an insurer, insurance broker, MGA, underwriting business or other commercial insurance environment will be considered.Strong understanding of the regulatory and compliance environment applicable to commercial insurance.Strong understanding of the insurance operating environment and the ability to engage confidently with insurance professionals and senior stakeholders.Experience working within a regulated financial services environment.Relevant insurance or compliance qualifications such as CII, ACII, ICA, CISI or equivalent would be advantageous.Previous experience working with financial regulators is desirable.Strong client management and stakeholder engagement skills.Excellent organisational skills, with the ability to manage multiple client assignments and competing deadlines.Strong written and verbal communication skills, with the ability to produce high-quality reports, policies and client documentation.A proactive approach to keeping up to date with regulatory developments and industry best practice.High level of attention to detail, analytical ability and commercial awareness.Comfortable working independently while also collaborating effectively with a wider consulting team.International candidates and individuals considering relocation are welcome to apply.To ApplyIf you have a background in commercial insurance and compliance and are interested in exploring this opportunity, please submit your CV outlining your relevant experience.Please note that due to the volume of applications, only shortlisted candidates will be contacted.