Senior Compliance Manager

Consulture Search; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading insurance firm in Dubai is seeking a Senior Compliance Manager to oversee compliance and manage all aspects of regulatory adherence. The ideal candidate will possess strong knowledge of UAE laws and at least 5 years of experience in compliance management, preferably in the insurance sector. This role requires excellent communication skills and the ability to lead a team. Responsibilities include developing compliance policies, conducting audits, and ensuring the company's adherence to local regulations.

Qualifications

• Minimum of 5 years of experience in compliance management, preferably in the insurance sector.
• Professional certifications in compliance or risk management are a plus.

Responsibilities

• Develop and implement compliance policies and procedures in accordance with local laws and regulations.
• Monitor and evaluate the effectiveness of existing compliance programs.
• Conduct regular compliance audits and reviews to identify potential risks.

Skills

Strong knowledge of UAE laws and regulations

Excellent communication and interpersonal skills

Proven leadership and team management experience

Ability to analyze complex information

Attention to detail

Education

Bachelors degree in business finance or a related field

Job description

About thee Role

We are seeking a highly experienced Senior Compliance Manager to join our insurance clients team in Dubai. The successful candidate will be responsible for overseeing and managing all aspects of compliance within our organisation. This includes ensuring that our company is in compliance with all relevant laws and regulations as well as internal policies and procedures.

Key Responsibilities:

• Develop and implement compliance policies and procedures in accordance with local laws and regulations
• Monitor and evaluate the effectiveness of existing compliance programs and make recommendations for improvement
• Conduct regular compliance audits and reviews to identify any potential areas of risk or non-compliance
• Provide guidance and support to other departments on compliance-related matters
• Stay up-to-date with regulatory changes and ensure that the company is in compliance at all times
• Develop and deliver compliance training programs for employees
• Investigate and resolve any compliance issues or violations that may arise
• Prepare and submit reports to regulatory bodies as required
• Collaborate with external auditors and regulatory agencies as needed
• Lead and mentor a team of compliance professionals

Qualifications:

• Bachelors degree in business finance or a related field
• Minimum of 5 years of experience in compliance management preferably in the insurance sector
• Strong knowledge of UAE laws and regulations related to the insurance industry
• Excellent communication and interpersonal skills
• Proven leadership and team management experience
• Ability to analyse complex information and make sound decisions
• Attention to detail and strong organizational skills
• Professional certifications in compliance or risk management are a plus