Gulf Union Al Ahlia

Compliance Officer

Dammam, Saudi ArabiaPosted 1 weeks ago

Salary
AED 6k–9k a month· est.
Job type
Full time
Level
Mid level
Field
Legal & Compliance
Work mode
On site

About the role

We are looking for a Compliance Officer to support the implementation of regulatory requirements and ensure compliance with applicable laws, regulations, and internal policies within the insurance sector. Key Responsibilities: • Monitor compliance with applicable laws, regulations, and Insurance Authority requirements. • Review internal policies and procedures to ensure regulatory compliance. • Identify compliance risks and recommend appropriate corrective actions. • Support regulatory reporting and maintain accurate compliance records. • Conduct compliance reviews and follow up on identified observations. • Raise awareness of compliance requirements across departments. • Coordinate with internal stakeholders on regulatory matters. • Support the implementation of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, where applicable. Qualifications & Experience: • Bachelor’s degree in Law, Business Administration, Finance, or a related field. • Relevant experience in compliance, preferably within the insurance or financial services sector. • Good knowledge of applicable Saudi regulations and Insurance Authority requirements. • Strong analytical, communication, and reporting skills. • Fluency in Arabic and good command of English. 📍 Location: Dammam, Saudi Arabia

Requirements

Bachelor’s degree in Law, Business Administration, Finance, or a related field. Relevant experience in compliance, preferably within the insurance or financial services sector. Good knowledge of applicable Saudi regulations and Insurance Authority requirements. Strong analytical, communication, and reporting skills. Fluency in Arabic and good command of English.

Responsibilities

Monitor compliance with applicable laws, regulations, and Insurance Authority requirements. Review internal policies and procedures to ensure regulatory compliance. Identify compliance risks and recommend appropriate corrective actions. Support regulatory reporting and maintain accurate compliance records. Conduct compliance reviews and follow up on identified observations. Raise awareness of compliance requirements across departments. Coordinate with internal stakeholders on regulatory matters. Support the implementation of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements, where applicable.

Skills

  • Regulatory compliance
  • Policy review
  • Regulatory reporting
  • Compliance risk assessment
  • AML/CTF knowledge
  • Stakeholder coordination
  • Analysis
  • Effective communication
  • Documentation and record-keeping
  • Arabic fluency
  • English proficiency

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