Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Minimum Requirements:
• Namibian citizenship;
• LL.B or higher or a B.Com is a minimum mandatory requirement;
• 2 – 3 years’ compliance or audit experience;
• Admission as a Compliance Practitioner with a relevant recognised international association shall be an advantage;
• Strong technical skills;
• Flawless command of the English language;
• Assertive self-starter with excellent communication, organisation and presentation skills;
• Excellent conflict handling skills;
• Ability to work independently and under pressure while maintaining high service levels; and
• A team player.

Job Description:
• Support Management with the implementation of the Old Mutual Limited Group Compliance Framework;
• Assist Management in overseeing and monitoring that the business meets its legal and regulatory obligations, and that it promotes and sustains a strong culture of compliance;
• Provide input and express an independent opinion on the adequacy and effectiveness of regulatory controls (including efficiency and effectiveness of the systems implemented to manage regulatory compliance matters within the business), as well as the overall internal regulatory control environment;
• Assist Management in overseeing, monitoring and providing guidance on emerging laws and regulations, their impact on business and required implementation;
• Maintain the regulatory universe and related Compliance Risk Management Plans (CRMPs);
• Compile and conduct monitoring in line with Regulatory Compliance Plans on a risk-based approach;
• Ensure accurate reporting and escalation of any regulatory compliance breaches or concerns;
• Monitor regulatory / compliance failure remediation against agreed Management Actions and due dates;
• Provide advice, develop and / or update the Employee Training and Development framework and set of training material and provide training for the functional units / entities with respect to all relevant legislation and industry changes or amendments thereto, inclusive of general communications as the need arises;
• Cooperating with regulatory and law enforcement request for information, reviews, audits and investigations;

• Review and provide guidance to Management and oversight over implementation of the Anti-Money Laundering and Counterterrorist and Proliferation Financing Risk Management Compliance Programme (RMCP), inclusive of controls and procedures to mitigate Money Laundering, Terrorist Financing and Proliferation Financing risks;
• Assist Management to perform Business and Product Risk Assessments as required by the RMCP, inclusive of regular reviews of such;
• Present feedback on all compliance reporting and issues monthly at functional unit / entity Executive Committee level, as required; and
• As required submit the necessary regulatory / compliance reports to the Old Mutual Namibia (OMNAM) Group Compliance Manager for onward reporting to OMNAM Exco, Management and the various OMNAM Boards, inclusive of any regulatory / compliance breaches.

Establishes and embeds compliance in area of responsibility. Ensures compliance within area by implementation of compliance risk management and monitoring plan. Reports on compliance breaches to line management and Senior Compliance Officer/Compliance Executive. Facilitates resolution of compliance breaches. Assists in mitigation of compliance risk. Utilises limited legislation, and impact of legislation on the BU/functional area is limited."

ResponsibilitiesRegulatory and Compliance Management

Investigate all kinds of incidents and reports and provide expert advice to more senior colleagues. Minimize risk exposures and ensure adherence with regulatory standards by working with all internal functions to make sure compliance programs are properly implemented.

Regulatory Affairs

Take responsibility for managing and delivering a designated work program.

Quality Management System

Contribute to the identification and evaluation of current policies and business processes that are in the scope of the quality management system (QMS); contribute to the design of the QMS; provide specialist quality management input to the drafting of new policies and procedures and the design of business processes; contribute to the quantification of the costs and business benefits of change.

Audit Compliance

Manage a portfolio of audit assignments. Ensure that the team plans and delivers audits that cover identified risk areas, and that appropriate corrective actions are agreed on with auditees. Resolve issues arising from audits and refer serious or contentious issues to the audit program leader.

Stakeholder Engagement

Contribute to stakeholder engagement by identifying stakeholders; by finding out their needs, issues, and concerns; and by reacting to these needs, issues, and concerns, arranging meetings and events and drafting supporting materials to promote understanding and commitment.

Policy Development and Implementation

Work within established procedures to achieve specified goals.

Organizational Capability Building

Provide coaching to team members to develop their skills.

Information and Business Advice

Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Skills

Competencies

Action OrientedBalances StakeholdersFinancial AcumenInstills TrustInterpersonal SavvyManages ComplexityOptimizes Work ProcessesPersuades

Education

Closing Date

22 May 2025 , 23:59

The Old Mutual Story!