Compliance Officer - Bermuda

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 5+ 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 OfficerGlobal Insurance and Reinsurance CompanyVery exciting and unique opportunity to work in Bermuda!!!Salary + Bonus + Package - NegotiableRole SummaryCompliance framework, policies and proceduresDevelop 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 controlsProvide expert guidance to the business on compliance/regulatory mattersMonitoring of compliance and regulatory riskAssist the senior management, Board and other governance functions in identifying, assessing and monitoring areas of regulatory riskMonitor the regulatory and legislative landscape and assess its impact on the businessManage regulatory submissionsPro-actively monitor the company’s compliance with policies, procedures, and controlsRegulatory relationshipsDevelop and maintain open and transparent relationships with regulators in BermudaActing as an effective principal representative for the Group.Financial crime preventionMitigate the risks to the company posed by financial crime (e.g., money laundering, terrorist financing, financial sanctions and fraud)Regulatory reportingPrepare compliance reports for the company’s senior management, Board of Directors and relevant committeesCompliance-aware cultureEmbed and develop a strong compliance culture in the CompanyCo- Sec AccountabilitiesAttending Board and Committee meeting and minute taking an issuanceFiling of Key returns and ensuring all records are up to dateTimely Preparation of committee packs and necessary documentation ahead of meetingsSkills and Demonstrated ExperienceDemonstrable significant relevant compliance and company secretarial experience, preferably within the re/insurance arenaIf 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 RegardsLee As true market specialists we work in partnership with our candidates and clients, delivering unrivalled market knowledge and insight. Driven by our passion to become the partner of choice we offer tailored advice and guidance...
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