Compliance Officer

Job Description

<ul><li>All compliance and legal risks, including emerging legal changes will be identified, assessed, monitored, and controlled to a level accepted by the business and when appropriate, reported accordingly, including to the Board of Directors</li><li>An annual Compliance Maturity Assessment will be undertaken and reported, supplemented by the MedNet Governance and Compliance Self-Assessment with all gaps documented, implemented, and monitored within the annual Compliance Plan. </li><li>Compliance incidents and events will be reported (including on BKMS) and the necessary investigations will be undertaken and reported. </li><li> Training will be conducted for all relevant compliance risks and topics with all training activity adequately </li></ul><p><br></p>documented and participation actively tracked.<p><br></p><ul><li>All regulatory, internal and Munich Re group reporting requirements will be fully met. </li><li>All compliance norms including Financial Crime and AML will be reviewed and validated at least annually</li><li>The Senior Management Team will be fully supported through the provision of sound advice and where necessary they will be actively challenged when fulfilling their compliance obligations. </li><li>All MedNet licensing requirements will be met. </li><li>MedNet will be compliant with all applicable laws and regulatory requirements. </li><li>Good relationships will be formed with Regulators</li></ul><p><br></p><strong>Requirements</strong><p><br></p><ul><li>Bachelor’s degree in Law or any other relevant field</li><li>Diplomas or professional certification in Compliance and/or Anti Money Laundering an advantage</li><li>Ability to pass a Fit &amp; Proper assessment by the Regulator (where required)</li><li>Experience in Health Insurance regulations and applicable laws</li><li>A minimum of 3 years of experience in compliance and regulatory business affairs within health insurance or a comparable sector</li><li>Experience in dealing with regulators as well as higher management levels. </li><li>Experience in managing a Compliance Management System and providing competent compliance advice</li><li>Health Insurance/ TPA/ Reinsurance background or similar industry</li><li>Excellent oral and written communication skills, with fluency in English is a must; Arabic is an advantage</li><li>Excellent organizational skills and who can deliver tasks and objectives on time. </li><li>Ability to work autonomously with minimal supervision.</li></ul>