Position Title – Chief Compliance Officer, EMEA

Location - Luxembourg

The Chief Compliance Officer (CCO-EMEA) has complete oversight of all Compliance-related activities across the EMEA region, including those of AIG Europe SA.  The CCO EMEA will be accountable for the implementation of the Compliance Framework which aligns with AIG policies, standards, and business objectives, and for ensuring effective compliance governance.  The CCO EMEA will report directly to the AIG Global Chief Compliance Officer (“AIG CCO”).

Specific Responsibilities

Oversee the AIG EMEA compliance framework, and lead and manage the EMEA compliance team.  Coordinate with other Regional and Global Compliance functions to ensure consistency of approach, proactively seek and analyze themes and trends, and implement a tailored approach to business-specific and compliance risks. Engage with the Executive Leadership team of AIG EMEA to foster relationships and provide compliance advice and strategy.  Work with all areas of the company to assist in advancing corporate goals and objectives. The EMEA CCO is a member of the AESA Executive Committee and attends the AESA Audit Committee.  If and when required, they may also attend a meeting of the Board of Directors to provide a Compliance update.Ensure that effective controls are designed, communicated and implemented to monitor the effectiveness of the compliance program.  Reporting periodically to EMEA CEO, senior management, board of directors and other stakeholders as necessary.Drive the observance of regulations, rules, and standards relevant to the business through policy governance and be an escalation point for any compliance issues, local investigations, and potential breaches of laws, regulations, rules, and standards. Exercise critical judgment on relevant compliance matters by consulting and working collaboratively with all other functions including governance functions such as Legal, Regulatory, Risk, and Internal Audit.Communicate with  regulators with regard to regulatory misconduct, incident reporting, and remediation development and follow-up, as needed.Operate as a senior advocate for promoting awareness of current and emerging regulatory developments relevant to the business.Provide leadership, management, support and direction to the EMEA Compliance team and support the overall development and training of individual members. Ensure that resources and capabilities are aligned to business requirements.Be accountable for ensuring that all EMEA compliance officers possess a sound understanding of relevant laws, regulations, rules, standards, guidelines and AIG Code of Conduct and their practical impact on the business operations. Ensure implementation of a local annual compliance training program relevant to the business to enhance employees’ knowledge and understanding of compliance policies and procedures, relevant laws, regulations, and standards of good business.Escalate compliance issues and potential violations of compliance policies and procedures, laws, regulations, rules and standards of good business practice to the AIG CCO, as appropriate.Qualifications & Experience:

The ideal person for this role should have senior leader experience and a track-record of effectively leading and managing teams across multiple regions and jurisdictions, developing strategic direction and enhancing business relationships in an international, regulated environment.A strong education including an undergraduate degree; graduate degrees in relevant areas of study (Law degree or MBA) preferred. Several years of relevant experience with prior experience in control-related functions.  Experience in these roles at an executive level would be highly beneficial.Significant knowledge and understanding of the financial services industry and regulatory issues; prior experience with applicable regulatory regimes including the Commissariat aux Assurances (CAA).  Prior insurance exposure strongly preferred.Demonstrated ability to influence and work effectively within a highly-matrixed organization with employees at all levels and in various countries.Results-orientated with strong problem-solving and program management skills.Excellent organizational, written, verbal and presentation skills.Fluency in English language (written & spoken) required and ideally another European language (French, German, Italian, Spanish).Ability to function as a trusted business partner to senior business professionals; providing relevant perspectives and sound judgement; maintaining the highest levels of confidentiality; and gaining trust from the organization at all levels.Strong interpersonal skills to foster good working relationships based on respect and trust.  Ability to maintain an independent view where necessary. Ability to pro-actively manage workload and prioritize tasks to ensure service standards are met. Demonstrate personal commitment, acting with integrity displaying an open and trustworthy attitude.

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American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

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Functional Area:

CP - Compliance

AIG Europe S.A.