Overview
Compliance Officer (Insurance Experience Only) Jobs in Dubai, United Arab Emirates at Confidential Careers
Title: Compliance Officer (Insurance Experience Only)
Company: Confidential Careers
Location: Dubai, United Arab Emirates
Design, implement and execute the company’s Ethics & Compliance program, including:
· Develop, together with the Board of Directors, the company’s code of conduct and update it periodically.
· Develop, monitor and update general policies and processes related to ethics and compliance to ensure it is up-to-date.
· Monitor and coordinate E&C activities in other areas.
· Design and conduct periodic training in compliance and ethics for all employees and executives.
· Ensure the proper functioning of the company’s complaint lines and monitor the effective application of the non-retaliation policy.
· Act as an independent evaluation and review body to ensure that incidents and compliance concerns within the company are evaluated, investigated and resolved in a confidential, objective and independent manner.
· Collaborate with other areas such as Risk Management, Legal, Internal Audit, IT and HR to direct compliance incidents to the appropriate channels for their investigation.
· Identify areas of potential vulnerability and E&C risk; develop and implement action plans to prevent, detect and / or mitigate E&C issues and provide general advice to avoid similar situations in the future.
· Ensure appropriate external reporting of Compliance standards violations.
· Implement and maintain an E&C communication program, promoting high standards of integrity and alignment with the company’s values, understanding of policies and procedures on E&C issues and the use of the lines of complaints.
· Perform periodic evaluations of the program´s effectiveness.
· Regularly inform the Board of Directors about the company’s E&C situation, the status of the E&C program as well as risks and incidents.
· Promote and maintain the company’s ethical standards.
· Be a guide and advisor for executives and the Board of Directors regarding E&C matters.
· Support management in the development of a suitable “Tone at the Top.”
· Cooperate with the company’s leadership in the formulation of E&C organizational objectives, incentives and rewards programs.
· Co-organize with the corresponding area the E&C risk mapping and its periodic update.
· Supervise E&C risk management in cooperation with the corresponding areas.
· Be permanently connected to the company’s operations to get to know the business and be able to build an ethical culture.
· Cooperate closely with the Sales and Marketing areas by participating in business meetings.
· Report, inform and, where appropriate, independently investigate incidents involving E&C.
