Job Description

Work From Office


InsuranceMarket.ae


Full-Time



Lead a small but high-impact compliance function to keep InsuranceMarket.ae fully aligned with Central Bank of the UAE (CBUAE) requirements and best?practice AML/CFT standards for insurance intermediaries. You will be the primary contact for regulators, own our compliance framework end?to?end, and enable commercial growth with strong controls.

Responsibilities

Own and maintain the Compliance Framework: policies, procedures, monitoring plan, risk assessment (compliance and AML/CFT), and annual compliance program Own and maintain compliance tracker and compliance calendar Oversee licensing/authorisations and ensure ongoing compliance with CBUAE rules applicable to insurance brokers/intermediaries (including reporting, returns, notifications, and on?site inspection readiness) Lead regulatory reporting and correspondence; manage information requests, exams, remedial action plans, and board/management reporting Design and execute second?line monitoring and thematic reviews across all regulatory requirements Maintain sanctions and PEP screening standards; ensure name screening, list updates, alert handling, and audit trails Review of all contracts and agreements prior to their signatures Analyzing and implementing all Regulatory Updates as and when they are released

Requirements

6 to 9 years of compliance/AML experience, including 3+ years in UAE insurance (broker, aggregator, or insurer) or financial services with insurance exposure Registered with the Central Bank of the UAE in a relevant compliance/MLRO capacity, or immediately eligible to be registered/approved Strong command of UAE regulatory expectations for insurance intermediaries under CBUAE, plus practical AML/CFT program experience (KYC, sanctions, STR/SAR, goAML) Proven track record designing monitoring plans, drafting policies/procedures, and handling regulatory exams/inspections Excellent stakeholder skills; able to influence senior leadership while enabling business objectives Bachelor's degree required; compliance/AML certifications preferred (e.g., ICA, ACAMS) *

Tools:

familiarity with screening/KYC platforms, CRM/telephony environments, and Excel/Sheets for MI; comfort with dashboards and evidence management