Business Title
Compliance Officer (Belgium & Europe)
Position Summary
The Compliance Officer will support the Legal & Compliance team established in Belgium in ensuring that the company complies with applicable laws, regulations, and internal policies across Belgium and Europe. This role focuses on providing practical assistance on compliance‑related projects, monitoring activities, and regulatory change implementation. It is designed for someone eager to develop their compliance expertise in the insurance sector, with prior background and practical experience in the financial sector. You will help maintain the company's compliance framework, support daily business requests, assist with regulatory reporting, and contribute to fostering a strong compliance culture across all relevant domains. The role encompasses collaboration in every compliance domain touching the life and non‑life insurance sector (AML/CFT, product oversight and governance, conduct rules, outsourcing, etc.).
Key Responsibilities
* Regulatory support: Assist in identifying and tracking regulatory developments in Belgium and the EU that impact the company's activities. Help update compliance trackers and perform gap analyses under guidance.
* Project assistance: Provide compliance input and administrative support for ongoing projects across different compliance domains (e.g., conduct of business, financial crime, data protection, etc.).
* Daily compliance business support: Act as a first point of contact for requests from the distribution department to ensure business activities remain adequate and aligned with internal policies and practices.
* Policy maintenance: Support the review and update of compliance policies and procedures to ensure alignment with current regulations and best practices.
* Compliance monitoring: Carry out daily monitoring activities as part of the annual compliance plan, document findings, and follow up on remediation actions.
* Training and awareness: Help prepare training materials and presentations for staff members required to undertake continuous professional development at the European level (Spain, Scotland/UK, and Belgium). This role also encompasses the delivery of some training directly to staff members in charge of the distribution of insurance products.
* Transaction monitoring: Assist in reviewing transactional referrals to ensure alignment with internal practices and relevant financial crime legislation, identifying potential issues and reporting concerns.
* Record keeping: Maintain accurate compliance records and documentation to demonstrate adherence to regulatory requirements.
* Third‑party due diligence: Assist in conducting compliance checks on third‑party vendors and partners.
* Incident management: Help investigate and document compliance breaches or suspected violations, ensuring proper escalation and remediation steps.
* Controls monitoring: Assist in the development and listing of compliance controls in place per compliance domain.
* Cross‑border coordination: Liaise with compliance colleagues in other European jurisdictions (including the United Kingdom) to share practices and ensure consistency in compliance standards. This also includes collaboration with local compliance officers pertaining to foreign branches.
* Customer outcome focus: Contribute to initiatives that ensure fair treatment of customers and compliance with conduct risk principles.
Role Requirements
* Education: Degree in Law, Economics, Business, or related field, or equivalent experience.
* Experience: Some experience or internship in compliance, legal, or risk management within financial services or insurance is an advantage.
* Knowledge: Basic understanding of Belgian and EU regulatory frameworks for insurance (e.g., FSMA requirements, Solvency II) is desirable.
* Languages: Good command of English and French or Dutch.
* Skills:
o Strong organizational and administrative skills.
o Good communication skills (written and verbal).
o Collaborative mindset.
o Solution‑oriented approach.
o Ability to work accurately and meet deadlines.
o Proficient in Microsoft Office tools.
* Attributes:
o Detail‑oriented and proactive.
o Willingness to learn and develop compliance expertise.
o High integrity and ethical standards.
The company management reserves the right to add, delete, or otherwise alter assigned duties at any time. The minimum qualifications listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Equal Employment Opportunity
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
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