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Jobs Details

Head of Risk and Compliance

Work Type:
We are seeking a Head of Risk and Compliance on behalf of our client in Gibraltar (Insurance).

If you hold previous experience in a Senior Risk and Compliance role, ideally within insurance and looking for your next career move this could be a fantastic opportunity!

Head of Risk and Compliance Responsibilities:

• Ensure that the compliance and risk functions act as a strong second line of defense that is supportive, enabling and
independently challenging systems and controls in respect of compliance and risk management
• Develop positive relationships with the GFSC and ensure regular communication to keep on top of the latest developments
• Follow the Regulated Individuals Regime and ensure the roles are reported and authorised by the GFSC
• Ensure Treating Customers Fairly (TCF) is embedded in the culture to deliver the six customer outcomes of right culture, right
information, right delivery, right targeting, right advice, and right post sales treatment
• Develop, motivate and give direction to the Compliance Officer and Risk Coordinator and provide oversight and support for
the Company Secretary function
• Advising senior management on the regulatory implications of business strategies to ensure that the company remains
compliant with the relevant requirements and standards of the regulatory system.
• Ensuring delivery of compliance monitoring and completion of actions; compliance oversight, advice and guidance;
management of conflicts of interest; horizon scanning and regulatory change; regulatory returns and applications
• Document and monitor risks within the risk forum, risk register and ARCC
• Assist and input in to the production of key deliveries including the ORSA, SFCR and RSR
• Ensuring the Board understand their regulatory risks and Compliance obligations and have sufficient knowledge to make
informed decisions regarding plans/actions to mitigate any risks
• Accountable for proactively managing a positive, influential and interactive relationship with the GFSC and, where
appropriate, other industry bodies and ensure requests are delivered in line with their expected timelines
• Where relevant, to assist in the implementation of and compliance with all AA policies, procedures and standards including
but not limited to Health Safety and Environment, Human Resources, Data Protection, Risk Management.

Head of Risk and Compliance Experience/Skills:

• Experience in a senior risk and compliance role
• A good understanding of the insurance/financial services market
• Preferably CMIRM/ MICA/MCII or similar qualifications
• Strong English communication skills
• Regulatory reporting experience and knowledge of Solvency II
• Commercially oriented
• Ability to manage several projects at the same time
• Excellent at building relationships with good interpersonal and communication skills

Apply today or get in touch at for the full specification and details!
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