We are specifically seeking consultants with prior experience in insurance companies, preferably Arabic speakers. Ideally candidates should have strong familiarity with regulatory filings and reporting, as well as experience liaising with entities such as CBUAE, DOH, DHA, ADX, and SCA (CMA), along with a solid understanding of corporate governance within the insurance sector.
- Assist in the timely review of AML, CTF and Sanctions related exception reports generated by the system, with appropriate escalation of significant items.
- Assist in the periodic review and update of policies, procedures, and process documents to ensure alignment with regulatory guidance and industry best practices.
- Assist in the preparation of assessment reports (audits) covering the AML, CFT, and Targeted Financial Sanctions (TFS) regulatory framework and applicable guidelines.
- Support in raising regulatory queries on behalf of other departments when needed.
- Support in ensuring timely submission of all regulatory disclosures.
- Assist in maintaining and updating the Regulations Log.
- Support the implementation of new and existing laws and regulations.
- Conduct sample checks on regulatory requirements.