Compliance Analyst

IPA acts as the main risk carrier for AXA Partners’ assistance business in Europe. The company is based in Belgium and has 10 branches across the EU. The Compliance analyst is responsible for supporting IPA Compliance Officer in respect of the IPA Branch structure and Belgium regulatory monitoring.

In addition, the role will support central compliance in implementing and ensuring a robust and effective compliance function across all business units within IPA SA. The Compliance analyst will work as part of the Central Compliance team to implement policies and procedures and ensure delivery of yearly mandatory assessments and compliance plan. The Compliance analyst is responsible for assisting the Compliance Function of IPA in implementing and ensuring a robust and effective compliance function across all business units within IPA SA. 
 

 DIMENSIONS OF ROLE 

•    Support IPA Compliance Officer in assessing, mitigating and remediating compliance and regulatory risks
•    Member of the Regional Compliance and General Secretary teams
•    Perform the regulatory watch on NBB and FSMA requirements and contribute to their implementation locally and/or in the branches
•    Assist in the delivery of Compliance Training and Awareness locally
•    Develop and expand Compliance skills from working closely with senior team members in Compliance but also with the General Counsel on regulatory       aspects in order to grow in the position and gain autonomy
•    Provide support in completing annual Group Compliance Risk Assessment and Anti-Bribery and Corruption Risk Assessment for IPA
•    Provide BAU Compliance support to all Business Units within IPA SA as requested
•    Provide Quality Assurance to the Compliance Team- in respect of IPA activities 
•    Conduct Compliance Monitoring Reviews in line with the annual IPA SA Compliance Plan
•    Provide assistance on the preparation of Compliance Action Plan for IPA Board Reporting
•    Assist in the delivery of Compliance Training and Awareness locally
•    Promote a One AXA Partners Compliance team across all business lines

KEY RESPONSIBILITIES 

Ensure compliance with rules and regulations applicable to the company

Objectives: Assist the IPA Compliance Officer for the Belgian entity and its branches (NBB Circular NBB_2012_14 of 4 December 2012 and the FSMA) 

1. Elaborate compliance reports that commit the company to the regulators, the auditors, the AXA Partners Group.
2. Carry out various legal analysis relating to the applicable regulations
3. Conduct compliance risk analysis.
4. Ensure support in the coordination in compliance among IPA branches
5. Inform the company management of any incident of non-compliance.
6. Identify the insufficiencies with regard to the regulatory frameworks that apply and, where appropriate, propose and / or implement any corrective actions (preparation of an annual action plan).
7. Follow up on these actions and maintain a record of the incidents thus detected
8. Monitor developments in the field closely to maintain the level of knowledge and keep abreast of changes in rules and legislation

Ensure relations with insurance regulators

Objectives: Assist the IPA Compliance Officer and General Counsel to ensure relations and meet the requirements of the various regulators for IPA SA and its branches.

1.    Analyze data and prepare reports and documents to be provided to the NBB and the FSMA.

Diffusion of the Group's principles/standards

Objectives: Ensure that the AXA Group's compliance principles and standards are communicated and adapted to IPA and its branches.

1. Take the necessary training and information actions of the staff.
2. Contribute to the completion of operational control questionnaires and surveys.
3. Ensure, in liaison with Central Legal and Central Compliance, a regulatory watch.

Organisational Summary 

IPA SA belongs to the AXA Partners group which is AXA’s global entity dedicated to co-building and distributing with partners simple, customer-centric and innovative solutions that combine insurance, assistance and other value-added services.
As an integral part of the Group Innovation unit, AXA Partners also plays a key role in the deployment of disruptive solutions emerging from this innovation ecosystem. 
The combination of both missions and positions AXA Partners today as a key pillar of AXA’s Payer-to-Partner strategy. 
With the support of operating units established in 39 countries, our more than 9,000 employees are at the service of our customers anywhere, anytime.
 

Reporting/ Working Relationships:

•    The Compliance analyst reports to the Compliance Officer of IPA SA 
•    Dotted report line where required for specific project work (in respect of the independence of the function)
•    Working relationships with:

          o    IPA SA Legal function
          o    AXA Partner Holding Legal function
          o    IPA SA Chief Risk Officer 
          o    IPA SA Head Office
          o    IPA SA local branches (Compliance & Legal)
          o    All relevant ExCom 
          o    Non- Executive Directors where relevant
          o    AXA Partners / IPA SA Data Protection Officer 

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SKILLS AND EXPERIENCE  

•    Minimum of 2 years working within the Compliance, Audit or Risk team or a regulated insurance company or group.
•    Solid legal background, preferably in insurance.
•    Understanding and experience of insurance regulatory framework.
•    Strong understanding of Insurance products and distribution models. 
•    French or Dutch as native language.
•    Ability to communicate effectively (both written and verbal) in English.
•    Commercial acumen and ability to influence with persuasive skills and a high level of personal integrity
•    Critical thinking and good analytical skills 
•    Strong decision-making skill is a core requirement. 

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AXA Partners is een transversale business unit van AXA die een breed scala aan oplossingen biedt op het gebied van ondersteuning, reisverzekering en kredietbescherming.
De rol van AXA Partners is ook om innovatieve oplossingen te implementeren die voortkomen uit de AXA Innovation unit.

Combineer passe met expertise, Wij ontwerpen en leveren wereldwijd oplossingen voor partners en gemeenschappen. Wij beschermen wat belangrijk is, wanneer het belangrijk is.

Als medewerker van AXA Partners, kom je terecht in een verantwoordelijk bedrijf, waar je kan genieten van echte cultuur van expertise en diversiteit. Onze focus ligt op het ontwikkelen van jouw vaardigheden. Daarbij bieden we jou een aantrekkelijke en competitieve verloning, professionele ontwikkeling en groei. Bovendien willen we bij AXA echt een verschil te maken voor mensen. Wanneer we samen geweldige dingen tot stand laten komen en wanneer we kansen creëren voor een beter leven, dan zal jij je ongetwijfeld ook buitengewoon trots voelen deel uit te maken van ons team.