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Officer, Compliance & Regulatory Affairs, Benelux
We are now looking to add a Compliance Officer to our growing legal and compliance function based in Amsterdam, The Netherlands working with the Benelux region (with insurance business operations in The Netherlands and Belgium). In this role you will develop and drive our compliance function for this region to the next level. You report to the Head of Compliance and Regulatory Affairs, Europe with a dotted line to the Legal Counsel Benelux. As part of AXA XL you will also be contributing to business area- and group wide initiative on European and Global level.
DISCOVERyour opportunity
What will your essential responsibilities include?
·Working in association with the Head of Compliance and Regulatory Affairs Europe, theLegal Counsel, Benelux, and the regional Compliance team to implement and monitor the local Compliance Programme and work with local management to promote a culture of compliance across the Benelux business.
·Provide timely and accurate advice to both internal and external stakeholders on compliance with local regulatory obligations, sanctions, licensing requirements and internal compliance requirements.
·Working closely with other control functions (locally/ regionally/ globally) (Risk Management, Finance and Internal Audit) to identify key control issues and ensure adequate controls are put in place to mitigate risks to the business.
·Periodic review and update of internal compliance policies and procedures, including DNB/AFM/NBB/FSMA requirements and internal codes of conduct.
·Ongoing compliance monitoring and provision of compliance training to management and staff to address gaps/ topical issues affecting the Benelux business.
·Reviewing and monitoring regulatory and legislative updates impacting the Benelux business operations, ensuring that legal/ compliance obligations are understood by stakeholders and providing timely advice to the management, as appropriate.
·Act as primary contact for self-regulation, to .
·Work with colleagues in Group compliance on the horizon scanning programme and the implementation by the business of regulatory change applicable to the business.
·Work with the compliance monitoring, regulatory, complaints and conduct risk teams on compliance issues and regulatory matters arising and if required, escalate appropriately to the Head of Compliance.
·Support the Head of Compliance on all reporting requirements to internal and external stakeholders.
·Review and assess compliance breaches and work with Group compliance and the business to remediate.
·Main point of contact for and liaising closely with local regulatory authorities.
·Providing ad hoc support to the Legal Counsel Benelux on a various range of matters, which could include support on specific Legal issues.
SHARE your talent
We’re looking for someone who has these abilities and skills:
·Experience in compliance/ risk related roles, preferably in the insurance/reinsurance industry or other regulated financial services industry.
·Master’s of Laws degree. Legal qualification (in The Netherlands and/or Belgium) would be an advantage.
·Familiarity with local regulations and requirements.
·Knowledge of Belgian legal requirements would be preferable.
·Strong communication skills with proven ability to communicate across all levels in the organisation and to communicate effectively with internal and external stakeholders.
·Excellent command of written and spoken English.
·Independent worker with excellent stakeholder management capability.
·You will have the ability to work in an international, multicultural environment within financial services.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
At AXA XL we are happy to talk flexible working. We are committed to building a diverse and inclusive workforce and consider flexible ways of working for every role. Talk to us about how we can make flexibility work for you.
Inclusion & Diversity