Senior Compliance Executive

Sompo Sigorta A.Ş.

Sompo Sigorta  is recruiting for a compliance role.

• The opportunity to be part of a specialized and highly motivated team within the Compliance department,
• A chance to work in a leading global  insurance company,
• Participate in projects related to the design and implementation of state-of-the-art solutions to manage  compliance risks,
• The opportunity to work collaboratively with business partners and other control functions to safely handle our business,
• The individual must be an experienced high-performing candidate operating at Senior Compliance Executive level.

Qualifications

• A Bachelor’s Degree in legal,  finance, business, economics, or equivalent,
• 5 - 8 years' financial services compliance experience.
• Fluent in English both verbal and written,
• Knowledge of the Financial Services Industry, especially insurance,
• A thorough understanding and knowledge of compliance risk management and monitoring programmes,
• A thorough understanding and knowledge of the regulatory requirements impacting on the various businesses within the Company will be advantageous.

Personal Qualities

• Strategic thinking,
• Analytical thinking,
• Decision making skills,
• The ability to manage people and processes effectively in instances where non-compliance is identified,
• Technical professional skills,
• Report writing skills,
• Thorough and detail minded,
• Ethical and principled,
• Good communication and presentation skills.

What will you do?

This is a management role that is responsible for overseeing compliance by all legal and business entitities within the Company's cluster of business. The successful incumbent must provide a trusted view on the level of compliance to senior and executive management and to co-ordinate and provide guidance to a team of compliance officers

Outputs will include but will not be limited to :

• Co-ordinating and provide guidance to a team of compliance officers on activities across business entities within a clustering of businesses,
• Analyse and interpret applicable laws and regulation, and using a risk-based approach in developing compliance risk management and monitoring plans for specific legislation,
• Interpret legislation and assist management with practical implementation thereof as required,
• Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance,
• Drafting reports on monitoring results to the management of business entities forming part of the business clustering,
• Assist with the promotion of a culture of compliance and awareness within the Company by co-ordinating and implementing compliance projects and training initiatives,
• Provide inputs to external industry bodies relative to specific regulatory topics, (e.g. working groups)
• Escalate any matters that may require attention of or a decision by the Head Compliance and/or The Company's EXCO and/or other relevant governing board,
• Maintain good relationships with the various regulators and assist with the compilation of responses pertaining to queries received from the various regulators,
• Assist with the review and reporting of suspicious or unusual transactions as defined and required by the applicable AML/CTF legislation.