Compliance Specialist

We are actively seeking a highly motivated candidate to join the Compliance team for our client, a Bermuda based captive insurance company that provides insurance to one of the world’s leading professional services organizations. Job title will be dependent on prior experience.

Required Qualifications and Skills

• Bachelor’s degree preferred
• Candidates are likely to possess 3- 10 years' experience, with capacity to shape the role according to relevant experience
• Knowledge of regulatory and legislative regimes in Bermuda preferred
• Highly motivated individual with ability to work on own initiative within a challenging / dynamic work environment
• Team player with good organizational skills and attention to detail
• Must demonstrate capability of working within demanding situations that require the ability to multi-task, meet tight deadlines and work overtime on short notice
• Strong interpersonal abilities and written and verbal communication skills
• Strong IT skills

General Role and Responsibilities:

The successful candidate will report to the Compliance Officer and have the following key responsibilities:

• Assist with the execution and reporting of compliance activities set out in the Compliance Plan
• Identification, assessment, and monitoring of the full spectrum of compliance risk exposures i.e. beyond financial crime compliance
• Assessment of the effectiveness of key controls through sample-based controls testing
• Undertaking compliance deep dive risk assessments
• Monitoring and analyzing the regulatory landscape to identify the possible impact of changes on the Group
• Assisting with the annual refresh of the Compliance Plan
• Monitoring and ensuring compliance with applicable affiliate compliance requirements
• Maintenance and monitoring of Compliance policies and process flows
• Reviewing compliance with internal policies
• Communicating and/or providing training on compliance related matters
• Undertaking fit and proper assessments for board members and key function holders
• Assisting in the provision of an effective corporate governance framework
• Preparation of papers for Board/Committee meetings
• Taking formal minutes of Committee meetings
• Collaborating across the business on ad-hoc regulatory change projects, as required

For further information on this job contact us at bm_execsearch@pwc.com