Compliance Officer - Shariah & Ethics

Job title: Compliance Officer - Shariah & Ethics

About the Role Promotes an ethics-based culture, delivering practical solutions, guidance and training, identifies and manages less moderately complex Compliance Risks implementing policies, processes and controls related to the Compliance Risk Universe, including Shariah Compliance. Interacts with supervisory bodies whenever required. The role ensures the compliance strategy aligns with the business strategy, regulatory requirements and emerging industry trends.

What You'll Do

• Promote an ethics-based culture and deliver training, guidance and practical solutions; identify and manage less moderately complex Compliance Risks, including Shariah Compliance; implement policies, processes and controls within the Compliance Risk Universe.
• Ensure the compliance strategy remains aligned with business objectives, regulatory requirements and industry trends; assess new laws/regulations and their applicability to Zurich's operations in the jurisdiction, in coordination with Legal.
• Perform compliance reviews and assessments for BAU activities (product development, assurance activities, projects and initiatives, regulatory requests), manage non-compliance incidents, and conduct regulatory change assessment.
• Support the implementation of financial crime controls, including AML/CFT risk assessments, transaction monitoring, policy execution and advisory support to business units.
• Prepare Management Information and compliance reports for local management committee, Shariah Committee, Audit Committee, Board and Regional/Group Compliance.
• Promote an ethics-based and compliance-driven culture through training, communications and awareness activities, and provide relevant metrics to management.
• Support planning, execution and monitoring of continuous improvement initiatives and ad-hoc projects until implementation.
• Perform any other duties as assigned by the supervisor to support departmental objectives and ongoing regulatory compliance.

What We're Looking For

• A solid understanding of Insurance and/or Takaful laws and regulations, best practices in compliance, and knowledge of financial products and systems.
• Bachelor’s degree with a minimum of 5 years of relevant experience.
• Strong interpersonal and communication skills, with a self-motivated attitude; proactive, demonstrating initiative and continuously seeking areas for improvement.
• Excellent written and spoken communication skills in English and the local language; strong analytical and presentation skills.

Nice to Have

• Possession of relevant compliance certifications will be an added advantage.

Compensation & Benefits

• Great Place To Work Certification; our company culture is our top priority.
• We value the experience and know-how of our employees and offer opportunities across business areas to encourage applying for new opportunities within Zurich when you are ready for your next career step.