Head of Compliance
Bcare | بي كير للتأمين · Riyadh Region
Tailor my CV for this job — free𝗝𝗼𝗯 𝗣𝘂𝗿𝗽𝗼𝘀𝗲The Head of Compliance is responsible for ensuring the company complies with applicable laws and regulations and for strengthening corporate governance practices across the organization.𝗞𝗲𝘆 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲
- Develop and implement compliance policies and procedures in line with applicable local and international laws and regulations
- Monitor compliance across the company and ensure no breaches of laws or regulations occur
- Design and deliver employee training on legal requirements, regulations, and internal policies
- Handle investigations and reports on compliance breaches and recommend appropriate solutions𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲
- Develop and implement a governance framework that ensures transparency and accountability at all levels
- Support senior management in setting internal policies and governance procedures that enable sound decision-making
- Prepare periodic governance performance reports with recommendations for improvement
- Ensure the Board of Directors follows corporate governance best practices𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀
- Bachelor's degree or higher
- Insurance Fundamentals certificate 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲
- Minimum of 6 years of experience in compliance within the insurance sector𝗦𝗸𝗶𝗹𝗹𝘀 & 𝗖𝗼𝗺𝗽𝗲𝘁𝗲𝗻𝗰𝗶𝗲𝘀
- Strong knowledge of insurance industry laws and regulations
- Experience dealing with regulators and applying international compliance standards
- Excellent communication skills, with the ability to prepare reports and advise senior management
- Strong analytical skills to assess the impact of regulatory requirements on the business
- Strong organization and time management skills
- Ability to work under pressure and solve problems
- Ability to adapt to and work with different personalities
- Proficiency in English