Senior Compliance Officer
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
The role involves ensuring compliance with regulations, managing compliance initiatives, and supporting anti-money laundering and anti-fraud programs, requiring strong analytica.
Key Skills for This Role
Responsibilities
- Monitor and interpret regulatory changes, laws, and guidelines affecting the insurance sector in Saudi Arabia
- Design and execute the annual compliance plan
- Review and update company policies and procedures to ensure ongoing compliance
- Provide regulatory advice to business units, projects, and committees
- Represent the compliance function in internal and external meetings, committees, and with regulators
- Lead or participate in internal audits and regulatory inspections
- Manage and support the compliance team
- Conduct compliance risk assessments and self assessment validations
- Prepare and deliver compliance reports (quarterly/annual) for management
- Develop and deliver compliance training and awareness campaigns for staff
- Support data privacy compliance, including breach management and data subject access requests
- Assist in implementing AML requirements, including transaction monitoring, name screening, and filing suspicious transaction reports
Requirements
- Strong knowledge of regulatory changes, laws, and guidelines affecting the insurance sector in Saudi Arabia
- Experience in AML/CFT and Anti Fraud programs
- Experience in conducting compliance risk assessments and self assessment validations
- Experience in developing and delivering compliance training and awareness campaigns
- Experience in managing compliance files, registers, and logs
- Ability to lead or participate in internal audits and regulatory inspections
- Strong communication and interpersonal skills
Full Job Posting
Role Overview
- The Senior Compliance Officer will play a pivotal role in supporting the Head of Compliance to ensure Cigna's operations in Saudi Arabia meet all regulatory and internal compliance requirements.
- This role involves assisting in key compliance initiatives, supporting AML/CFT and Anti Fraud programs, and acting as a subject matter expert on regulatory matters and data privacy.
Key Responsibilities
- Monitoring and interpreting regulatory changes, laws, and guidelines affecting the insurance sector in Saudi Arabia.
- Designing and executing the annual compliance plan.
- Reviewing and updating company policies and procedures to ensure ongoing compliance.
- Providing regulatory advice to business units, projects, and committees.
- Representing the compliance function in internal and external meetings, committees, and with regulators.
- Leading or participating in internal audits and regulatory inspections.
- Managing and supporting the compliance team.
- Coordinating with Legal, HR, and other departments on compliance related matters.
- Supporting regulatory inspections, audits, and supervisory visits.
- Maintaining and updating the compliance database and obligation register.
- Tracking regulatory deadlines and coordinating regulatory submissions.
- Conducting compliance risk assessments and self assessment validations.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Cigna
Graphic Design Specialist
Dubai, UAE
The role involves developing visual assets, managing sales collateral, creating social media content, and ensuring brand consistency across marketing channels.
Actuarial Senior Analyst
United Arab Emirates, UAE
The candidate will analyze data, support actuarial investigations, and collaborate with various teams in the health insurance sector, requiring strong analytical skills.
Associate Talent Acquisition Business Partner
United Arab Emirates, UAE
As part of our Talent Acquisition team, you will help attract and hire talent across a variety of functions within GIH. You will partner with hiring managers, HR colleagues, and...
Talent Acquisition Business Partner
Riyadh, KSA
You will support recruitment primarily in Riyadh, while also partnering on vacancies in Kenya and other international markets. You will work in a fast paced, evolving environmen...
Business Development Manager
Dubai, UAE
Cigna Healthcare is hiring a Senior Business Development Manager for SME Sales to drive growth and improve lives. The role involves guiding customers through the healthcare system and empowering them with information. Qu
Account Installation Representative
Riyadh, KSA
About the role : The Account Installation Representative is responsible for accurately configuring and maintaining medical benefit plans within internal and TPA systems. This ro...
Account Management (IC) Associate
Riyadh, KSA
Be responsible for the assigned client as the designated delegate and support other corporate clients whenever required in their daily inquiries. Own and manage a book of client...
Broker Relationship Analyst
Riyadh, KSA
About the role : The Broker Relationship Analyst will be responsible for providing Broker and client support in the areas of service, maintenance and penetration. Respond to inq...
Graphic Design Specialist
Dubai, UAE
Actuarial Senior Analyst
United Arab Emirates, UAE
Associate Talent Acquisition Business Partner
United Arab Emirates, UAE
Talent Acquisition Business Partner
Riyadh, KSA
Business Development Manager
Dubai, UAE
Account Installation Representative
Riyadh, KSA
Account Management (IC) Associate
Riyadh, KSA
Broker Relationship Analyst
Riyadh, KSA