Compliance Advisor (UAE Nationals only)

Zurich 56 Company Ltd; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An international insurance provider in Dubai is seeking a Compliance Advisor. This role involves identifying compliance risks, ensuring adherence to regulations, and working collaboratively with the Compliance team. Candidates should have a Bachelor’s degree, 3-5 years of experience in compliance or risk management, and strong analytical skills. This position offers opportunities for career development within a forward-thinking organization.

Qualifications

• 3-5 years of experience in Compliance, Risk Management, or a related field.
• Knowledge of relevant laws, regulations, and industry standards.
• Professional certifications in compliance, such as CAMS, ICA are a plus.

Responsibilities

• Assist in preparing compliance metrics and training needs.
• Support with the review of new laws and trends.
• Maintain internal compliance reporting system.

Skills

Analytical skills

Problem-solving skills

Communication skills

Organizational skills

Attention to detail

Education

Bachelor’s degree in business, Law, Finance, or a related field

Job description

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.

Reporting to the Compliance Manager, the Compliance Advisor collaborates with Compliance team and First Line of Defense to promote an ethics-based culture, deliver practical solutions, guidance and training. He/she will be required to identify and manage moderately to complex Compliance Risks, implementing policies, processes and controls related to the Compliance Risk Universe and local regulation.

Job Accountabilities

As Compliance Advisor, your role will involve:

• Assist in preparing relevant metrics that focus on the culture, training needs, and awareness activities.
• Support with the review of new laws and trends, liaise with Legal team and ensure these are communicated and recorded appropriately.
• Maintain internal compliance reporting system updated on each of the matters subject to reporting to local regulatory authorities.
• Assist the Compliance Officer to craft relevant reports to be shared with the First Line leadership.
• Assist in evaluating business activities (e.g. customer facing conduct) to assess compliance risks.
• Help develop plans for regular awareness campaigns reminding employees of the respective Group Policy and how they can report a violation or a concern.
• Support First Line of Defense with the adoption of Compliance Policies and local regulations.
• Perform Compliance Oversight, establishing and maintaining reports to relevant stakeholders, as foreseen internal policies and local regulation.
• Assist in developing reports that provide insights and trends for the first line of defense and for Compliance Officer.
• May participate in assurance work to the business that the function inherent risks are being identified, managed and mitigated where possible.
• Work with Compliance team to ensure the completion of their Compliance plan.

Job Qualifications

To be successful in this role, you will need:

• Bachelor’s degree in business, Law, Finance, or a related field.
• 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 and develop practical solutions.
• Understanding of Compliance frameworks, risk assessments, and internal control systems.
• Effective communication and interpersonal skills.
• Strong attention to detail and organizational skills.
• Able to manage multiple tasks and priorities.
• Strong ethical standards and integrity, with a commitment to maintaining confidentiality and handling sensitive information.
• Professional certifications in compliance, such as CAMS, ICA etc. are a plus.
• Ability to work independently and collaboratively in a diverse team environment.
• Proactive and self-motivated, with a commitment to continuous learning and staying updated on regulatory and industry developments.

You are the heart & soul of 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 highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.