Risk and Compliance Administrative Officer

As a member of the Risk and Compliance team, you will contribute to the development, implementation, and ongoing monitoring of compliance programs and risk frameworks that safeguard the integrity and reputation of our business.

Quantum Insurance is seeking a detail-oriented and proactive Risk and Compliance Administrative Officer to strengthen its compliance and risk management function. This is a key role within the organisation, requiring close collaboration with internal departments and external stakeholders to ensure full adherence to legal, regulatory, and internal requirements.

As a Risk and Compliance Administrative Officer, your responsibilities will include:

• Supporting internal departments in conducting Client Risk Assessments (CRA), ensuring alignment with internal policies and applicable regulatory standards
• Maintaining and monitoring Know Your Customer (KYC) documentation, with a focus on accuracy, completeness, and timely updates
• Processing and validating CRA scorecard ratings, and escalating inconsistencies or risk indicators as required
• Performing sanctions, politically exposed persons (PEP), and adverse media screenings of clients, intermediaries, and third parties using approved tools
• Assisting in the preparation and submission of statutory and regulatory filings to the Financial Services Commission (FSC)
• Conducting periodic and ad-hoc reviews of client files, particularly for high-risk and PEP clients, and ensuring proper recordkeeping and follow-up
• Contributing to the review and update of internal policies, procedures, and guidelines relating to compliance, risk management, AML/CFT, and data protection
• Supporting compliance monitoring activities, including transaction sampling, KYC file reviews, and post-transaction checks
• Preparing and maintaining logs, reports, and documentation for internal and external audits, inspections, and board reporting
• Providing administrative and operational assistance to the Money Laundering Reporting Officer (MLRO) and Deputy MLRO (DMLRO)

We are looking for candidates with:

• A degree in Law, Finance, Risk Management, or a related field
• A minimum of 2 years of relevant experience in compliance, legal, or risk-related roles, preferably within the financial or insurance sector
• A solid understanding of AML/CFT frameworks, KYC requirements, and compliance expectations
• Familiarity with insurance operations and the Mauritian regulatory environment
• Proficiency in Microsoft Office tools, particularly Excel for data tracking and reporting
• Strong ability to draft and maintain compliance documentation, procedures, and reports
• Strong written and verbal communication skills with the ability to engage across departments
• A self-starter with a proactive, solution-oriented mindset
• Well-organised, reliable, and committed to delivering high-quality work consistently

Why Quantum Insurance?
At Quantum Insurance, our values—Integrity, Innovation, Professionalism, and Excellence—are more than words. They guide our everyday work. We offer a collaborative and progressive environment where your role will have real impact.