AIG-Compliance Officer

AIG-Compliance Officer
Dubai

Functional Area:

CP – ComplianceEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG MEA LimitedTo support and advice senior management and other relevant staff regarding their regulatory obligations and AIG internal policies, and for assisting such persons in the achievement of compliance with those obligations through the effecting of appropriate systems and controls. onitoring and assessment of the adequacy and effectiveness of the systems and controls effected by management and other relevant staff for the achievement of compliance with its regulatory obligations and AIG internal policies.

Specific Accountabilities:

to provide and maintain the compliance manuals for our AIG Entities located in the MENA to monitor and notify changes / proposed to changes to regulatory requirementsand developments in the regulatory environment; to provide and assist the RCO with the providing of timely and accurate advice and guidance to the business regarding regulatory requirements and AIG corporate compliance policy; to assist with the development of relevant training material; to assist local management with the development of systems and controls for the achievement of compliance with regulatory requirements and AIG corporate compliance policy. to assist the RCO with the preparation of the annual Compliance Monitoring Schedule of AIG Entities located in the MENA; to assist the RCO with the carrying out of the monitoring function in accordance with the Compliance Monitoring Schedule; to provide timely and accurate status reports to the RCO in respect of the monitoring carried out; to provide and assist the RCO with the providing of advice and guidance to local management and other relevant staff regarding necessary remediation of regulatory issues identified through the carrying out of compliance monitoring and other sources; to monitor the progress of remedial actions undertaken in respect of the regulatory issues identified through the carrying out of compliance monitoring and data sources; to maintain the Remedial Actions Log

Experience & Qualifications Required:

Proven management and organisational abilities; in-depth knowledge of the Middle East and North Africa insurance regulators, regulatory frameworks; ability to analyse complex situations / prioritise actions; knowledge of retail and commercial insurance products; and a good understanding of the mechanisms for distributing general insurance products.

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

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