Compliance Officer

at  Allianz Partners

The job holder shall perform the second line of defense tasks among which (but not limited to):

• Ensure all relevant regulatory requirements are documented and action plan created by the topic owner
• Monitor the implementation of regulations, review and signoff the implementation actions
• Liaise with the concerned Authorities where required in coordination with the GM
• Contribute to designing the compliance program to prevent illegal, unethical, or improper conduct for Nextcare
• Ensure achievement of the objectives of an effective compliance program
• Escalate to GM and Shareholders instances of non-compliance
• Perform all tasks as per regulatory expectations and in line with best practice.
• Conduct compliance related testing as per compliance program.
• Prepare the compliance related assessments and reports.
• Update the compliance related registers and records.
• Follow up with the concerned departments on the regulatory requests.
• Review new regulations and cascade to concerned departments
• Escalate to GM cases of noncompliance with regulations.
• Prepare the compliance communication letters.
• Manage the compliance related trainings, awareness sessions and other arrangements.
• Ensure that all Compliance related policies are in line with best practice and regulatory requirements.
• Education: Bachelors or Masters Degree in Law
• Experience: Minimum 3 years relevant experience in a Legal/compliance department.
• Subject to the Regulator’s fit & proper assessment and approval
• Comfortable working in high-pressure situations, meeting challenging deadlines on high-profile issues;

Legally permitted to work in the country of operations.

• Fluency in MS Office (Excel, Word, Outlook, PowerPoint) and general internet navigation and research skills
• Compliance related certification is an advantage

Job Level:
Entry Level
Location:
Khobar, SA
Area of Expertise:
Communication & Public Relations
Unit:
Allianz Partners
Employing Entity:
Nextcare Saudi Arabia
Job Type:
Full-Time
Remote Job:
100% on-site
Employment Type:
Permanent
ID:
56946

• Ensure all relevant regulatory requirements are documented and action plan created by the topic owner
• Monitor the implementation of regulations, review and signoff the implementation actions
• Liaise with the concerned Authorities where required in coordination with the GM
• Contribute to designing the compliance program to prevent illegal, unethical, or improper conduct for Nextcare
• Ensure achievement of the objectives of an effective compliance program
• Escalate to GM and Shareholders instances of non-compliance
• Perform all tasks as per regulatory expectations and in line with best practice.
• Conduct compliance related testing as per compliance program.
• Prepare the compliance related assessments and reports.
• Update the compliance related registers and records.
• Follow up with the concerned departments on the regulatory requests.
• Review new regulations and cascade to concerned departments
• Escalate to GM cases of noncompliance with regulations.
• Prepare the compliance communication letters.
• Manage the compliance related trainings, awareness sessions and other arrangements.
• Ensure that all Compliance related policies are in line with best practice and regulatory requirements.
• Education: Bachelors or Masters Degree in Law
• Experience: Minimum 3 years relevant experience in a Legal/compliance department.
• Subject to the Regulator’s fit & proper assessment and approval
• Comfortable working in high-pressure situations, meeting challenging deadlines on high-profile issues