Head of Compliance & DPO

  • Basis:  Full-Time
  • Closing Date:  21 Jun, 2020
  • Job Ref:  KMP-53762

Job Description

Ivalife is undergoing an application with the Malta Financial Services Authority to become a new life insurance company. We aim to establish ourselves as a key player in the Maltese market as one of Malta’s leading financial institutions. We’re putting a small and dynamic team together offering a full range of new and exciting life insurance and savings products to both personal and business customers. To kick-off we’re looking for a Head of Compliance and DPO.

If you meet any of the below requirements and are interested in joining our dynamic team at this exciting time, then we would like to hear from you.

Responsibilities

  • Manage the day-to-day operations of the compliance function
  • Proactively drive and lead compliance-related education, insight and training to business partners and distribution networks alike
  • Sound knowledge of current laws, regulations and common practices in compliance and be able to provide training
  • Develop and review company policies, identifying any shortfalls and making recommendations in order to address such weaknesses
  • Self-motivated, able to take ownership in a dynamic environment with a positive mindset
  • Create and manage effective action plans in response to audit discoveries and regular compliance health checks
  • Able to define, structure and prioritise workload for themselves and others, with the flexibility and capability to change when required
  • Providing strategic direction to the management team on compliance
  • Preparing and presenting clear and concise compliance reports to the board
  • Keep abreast of GDPR regulations, and other such related regulations, while ensuring that internal data protection policy conforms
  • Interact effectively with regulatory authorities on compliance issues

Competences and experiences
The potential candidate should have a positive attitude, be well-organised, with a disposition to learn and have a team-oriented approach to work.

You will also:

  • Have a bachelor’s degree in law, finance, business management or a related field
  • 3 years’ proven experience in a compliance officer role
  • Understanding and familiarisation with general EU insurance regulations and directives
  • Excellent verbal and written communication skills in English
  • Highly-analytical with strong attention to detail
  • Good IT skills and knowledge are essential
  • Judgement to balance commercial and compliance risks to achieve positive outcomes
  • Ability to deal with confidential matters with discretion and tact
  • Ability to communicate effectively and clearly and to interact confidently with internal and external customers
  • Ability to work well in a team