Compliance & Privacy Officer

Stellantis Insurance Manager Limited in Malta is currently looking to recruit a Compliance & Privacy Officer to join their team on a full-time basis.

Job Role:
Are you passionate about regulatory compliance and data protection within the insurance industry?
We are seeking a proactive and detail-oriented individual to join our team as a Compliance and Privacy Officer, working closely with the Head of Compliance & Risk Insurance.

Responsibilities:

• Ensure Regulatory Compliance: Support adherence to Insurance and Insurance Distribution regulations, assisting in maintaining license conditions
• IDD Regulation Compliance: Assist in ensuring compliance with the Insurance Distribution Directive (IDD) regulations
• Regulatory Watch: Conduct systematic monitoring of regulatory developments both locally and internationally to ensure timely compliance updates
• General Good Provisions Analysis: Analyze and assist in ensuring compliance with General Good Provisions
• Policy and Procedure Management: Assist in establishing, updating, and ensuring adherence to company policies and procedures across all entities
• Reporting Support: Aid the Head of Compliance in preparing reports for the Board of Directors, Compliance Committee, and Group Reporting matters
• Regulatory Correspondence: Assist with correspondence with the Malta Financial Services Authority (MFSA), regulatory reporting, visits, and recommendations
• AML Compliance: Support compliance with Anti-Money Laundering (AML) regulations by conducting checks and regular reporting as required
• GDPR Compliance: Assist the Data Protection Officer in ensuring compliance with the General Data Protection Regulation (GDPR), including handling data protection requests and agreements
• Data Protection Management: Assist in maintaining the data processing register, reviewing Data Protection procedures, and conducting Data Protection Impact Assessments (DPIAs)
• Privacy by Design: Support the implementation of Privacy by Design principles for new projects and initiatives.

Requirements:

• Background in legal, compliance, or insurance studies preferred
• Familiarity with Insurance and Insurance Distribution regulations, GDPR, and AML regulations
• Strong organizational skills with attention to detail
• Excellent communication skills, both verbal and written
• Ability to work collaboratively within a team
• Proficiency in English is required; knowledge of another European language is advantageous.

Why Join Us?

• Hybrid working (70% from home, 30% from the office)
• Paid allowance for working from home
• Life Insurance Cover
• Health Insurance Cover
• Free lunch and refreshments while working from the office
• Performance bonus based on group and individual performance
• Financial assistance for education and training related to the position
• Excellent exposure to a European and global market.

Embark on a rewarding journey with us, shaping the future of insurance in a global landscape!

#Compliance #Insurance #CareerOpportunity