Risk and Compliance Office

Key Responsibilities

Risk Management

• Develop and maintain a comprehensive risk management framework across operational, financial, and cyber domains.
• Conduct periodic risk assessments and internal audits.
• Monitor regulatory changes and assess their impact on internal risk policies.
• Prepare quarterly internal control reports for submission to the CBUAE.
• Support business continuity and cyber incident response planning.

Compliance Oversight

• Lead the independent compliance function as mandated by the CBUAE.
• Ensure adherence to AML, KYC, data protection, and whistleblowing protocols.
• Draft and update compliance policies and professional codes of conduct.
• Ensure all personal and policyholder data is stored within the UAE with secure backups retained for 10 years.
• Oversee outsourcing controls and ensure no offshore outsourcing of core functions.
• Liaise with regulatory authorities and ensure timely submission of compliance reports.

Qualifications & Experience

• Bachelor’s degree in Law, Finance, Risk Management, or Business Administration.
• Professional certifications such as FRM, PRM, ACAMS, ICA, or equivalent preferred.
• Minimum 5 years of experience in risk and/or compliance within insurance or financial services.
• Strong understanding of UAE regulatory frameworks, especially the Insurance Brokers Regulation 2024.
• High ethical standards, analytical skills, and ability to work independently with unrestricted access to staff and records.
• Fluency in English; Arabic is a plus.

What We Offer

• Competitive salary and benefits package.
• Hybrid work flexibility.
• Opportunity to contribute to a fast-growing, regulation-forward insurance brokerage.
• Direct engagement with senior leadership and regulatory bodies.

Job Type: Full-time