Compliance Officer - Bermuda

Posted 28 March by Harrison Holgate
Easy Apply
£120,000 - £150,000 per annum
Bermuda
Permanent, full-time

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Posted by Harrison Holgate
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 3+ 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

Required skills

  • Compliance

Reference: 52397309

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