Offers “Axa”

Expires soon Axa

Risk and Monitoring Group Compliance Officer - (F/H)

  • Internship
  • Paris 1er Arrondissement (Paris)
  • Energy / Materials / Mechanics

Job description



Job Purpose:

AXA Group Compliance Risk and Monitoring team defines, implements and promotes consistent standards and frameworks to AXA entities worldwide. In particular, the team assesses and monitors the effectiveness of the compliance risks and control environment within the compliance functions worldwide.

The team provides AXA Board and Group Senior Management with assessments of the overall AXA's Compliance risk profile and monitors the mitigation of high-risk compliance matters. The function also provides them with compliance reports and analysis in order for them to understand the key risks and issues and fulfil their legal responsibilities.

This role assists the Group Senior Compliance Officer in developing and managing the global compliance risk and monitoring the compliance frameworks and programs within the Group. The role ensures that appropriate compliance processes are in place across AXA entities worldwide to meet the compliance Group standards, policies and international regulatory requirements, and to identify and manage current and emerging compliance risks and issues.

The role is responsible, as directed, for specified activities of the team which include:

· Compliance Risk Assessment
· Compliance Internal Control framework
·
Compliance Support and Development Program (CSDP) monitoring

· Annual Compliance Plan
· Occurrence Report
·
Collective or individual training and awareness

·
Production of the Compliance Reports to Group governance bodies

·
Production of the Compliance section for the Group Annual Report, ORSA and other Solvency II mandatory documents

Dimensions:

· Coordination of the compliance risk assessment and monitoring of approx. 70 compliance functions around the world – Compliance risk is the single largest operational risk contributing to the Group's capital model (i.e. the biggest risk after financial and insurance risk)
· Support and challenge to local compliance functions on compliance risk, monitoring and reporting issues in all AXA's markets:
· Large Markets' entities – AXA France, AXA US, AXA Belgium, AXA Germany, AXA One Italy, AXA Spain, AXA UK, AXA Switzerland, …
· Transversal entities – AXA XL, AXA Corporate Solutions, AXA Partners AXA IM, …
· INM Market
· Asian Market

Context & Major Challenges:

· Number of entities (approx. 70)
· Wide spectrum of compliance maturity and culture across AXA Group
· Constant evolution of the regulatory requirements worldwide

Key Accountabilities:

· Be a subject matter expert on compliance risk assessments and monitoring matters through continuous education and benchmarking efforts.
· Be responsible for the delivery of certain activities of the team as directed
· Assist in maintaining and developing AXA Group's standards, policies and guidance for compliance risk and monitoring matters.
· Assist in developing the Group compliance risk and monitoring processes to ensure that the Group compliance framework allows AXA markets and entities to effectively identify, manage and mitigate their compliance risks and issues. This includes, for example, training and awareness, change or creation of operating procedures and reporting documents.
· Work closely with AXA markets and entities' Compliance teams to implement Group standards and processes and ensure that the Group framework is properly embedded.
· Work closely and support AXA markets and entities' Compliance teams when issues arise. This includes for example, providing them with the relevant information or best practices, assisting in the definition of the remediation action plans and monitoring their implementation.
· Ensure that, where required, issues are escalated appropriately.
· Investigate and propose opportunities to improve Group Compliance efficiencies by using new technology and by leveraging AXA Business Services.
· Ensure that information/reports required by Group compliance team are delivered in accordance with the timeline and guidance set by Group compliance.
· Share best practices from internal and external sources/experiences.
· Other miscellaneous tasks as directed by his/her manager

Desired profile



Qualifications :

Qualification:
·  Post degree professional qualification
·  Minimum 5 years of professional experience in Compliance/Law/Risks within financial services sector
·  Proven track record of successful expériences
Skills:
·  Managing self – through self-awareness, confidence, independence and self-improvement initiatives
·  Solving problems – though the ability to understand the issues, develop ideas and propose meaningful solution in a complex environment
·  Able to deal with issues at operational level – though the ability to translate specialized regulatory requirements and technology into value-added processes that are meaningful for businesses
·  Exerts influence – through persuasive communications, expertise and challenge
·  Result focused – through drive, raising standards and ability to execute on time
·  Building relationships – through understanding others, stimulating collaboration and influencing
·  Builds credibility – through technical knowledge
Knowledge:
·  Good understanding of current and emerging changes and issues in:
·  Compliance insurance industry
·  International insurance regulatory environment
·  Risk management
·  IT developments
Language: As a minimum fluent in English (mandatory) and business French

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