Compliance Officer - Oman

Job Level:  Professional
Location: 

Muscat, OM

Area of Expertise:  Legal & Compliance
Unit:  Allianz Partners
Employing Entity:  NEXTCARE OMAN
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  45520
Position Cluster:  Non-Executive

Nextcare is part of Allianz Partners which is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. 
By truly caring about people – both its and corporate customers and its 21,112 employees – Allianz Partners fosters a culture where its employees are empowered to collaborate, perform, push the boundaries and challenge the industry.
Nextcare is mandated by insurance companies to manage a network of healthcare providers, and offer best in class services to member benefiting from health insurance coverage.


JOB DETAILS:
The Compliance Officer plays a key control role within Nextcare and acts as a second line of defense as well as a business partner to enable growth in line with regulations. The Compliance Officer is equipped with best in class tools and policies which provides a strong platform to apply effective monitoring. He/she enjoys a strong relationship with the regulator in order to coordinate the application of new and existing regulations, and enjoys a strong relationship with members of Nextcare team to help the understanding and deployment of the regulations. Internally, he/she is empowered to train and educate staff on various topics including Economic Sanction/Privacy/Anti-corruption/consumer protection.
The compliance officer resident in Oman reports to Senior Manager - Compliance @ Nextcare and locally to the General Manager

 

KEY RESPONSIBILITIES
Advisor and Business Partner
•    Provide advice on applicable laws and regulations
•    Discuss and provide advice on principles and procedures to achieve compliance with laws and regulations
•    Partner with management, business and project teams to adhere to the relevant Group standards, policies and practices.

 

Regulatory Compliance
 The duties of the compliance officer include :
(a) Act as point of contact with CMA 
(b) Complete all company procedures with the authorities
(c) Verify that the company is compliant with all CMA regulations

 

Data Privacy 
Act as DPP (data privacy professional) for Nextcare

 

Internal Compliance

(a) Assisting the local General Manager to identify and assess the main compliance risks facing Nextcare and the plans to manage them;
(b) Advising the Local General Manager on compliance with laws, rules and standards, including keeping them informed on developments in the area;
(c) Assisting the Local General Manager in educating staff on compliance issues, and acting as a contact point within the licensee for compliance queries from staff members;
(d) Ensuring the establishment of written guidance to staff on the appropriate implementation of compliance with laws, rules and standards through policies and procedures and other documents such as compliance manuals, internal codes of conduct and practice guidelines;
(e) On a pro-active basis, identifying, documenting and assessing the compliance risks associated with Nextcare's business activities, including the development of new products and business practices, the proposed establishment of new types of business or customer relationships, or material changes in the nature of such relationships;
(f) Monitoring and testing compliance by performing sufficient and representative compliance testing; and
(g) Reporting on a regular basis to the board of directors or the Audit committee of the board of directors.


Risk identification and assessment
•    Check if Internal Procedures within each Business Units are appropriate and effective to ensure compliance with applicable laws and regulations
•    Conduct Regulatory Tests for each Nextcare Business Unit once per year and issue a Compliance Report
•    Support Risk Management Function in the Top Risk Assessment (TRA) and the IRCS

 

Monitoring and Reporting
•    Report any suspicious fraudulent activities detected by the Company to Senior Manager-Compliance @ Nextcare and the GM
•    Issue Compliance Report based on the Test results and submit to Senior Manager-Compliance @ Nextcare and the GM
•    The Compliance Report must include findings and deficiencies in the controls and recommend corrective action
•    Evaluate potential impact of changes to the legal environment, and inform Senior Manager-Compliance @ Nextcare and the GM of any potential consequence in sufficient time in order to take necessary precautions. 

 

Awareness Raising 
•    Identify training needs for topics related to Regulations
•    Recommend to Senior Manager-Compliance @ Nextcare the training needs and agree on training plans
•    Assist Allianz Partners Group is ensuring that mandatory training is deployed across the Company.


PROFILE KEY REQUIREMENTS
•    You are a role model in the organization before being a controller. Therefore, you must portray high ethical and moral values and must be trustworthy to support your colleagues as a key team player.
•    You must have to ability and willingness to guide the teams into the right direction when consulted on various business propositions. Your approach should always be based on effective cooperative and you must be able to communicate in an effective and clear way to ensure smooth support.
•    A law background would be an asset, but it is important to have experience in control function and be able to provide evidence of success based on the previous criteria.
•    You need to have knowledge of Data Protection regulations and minimum 3 years’ experience to fulfill the role of DPP within Nextcare.
 

 

 


45520 | Legal & Compliance | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Great to have you on board. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.