Old Mutual Job Recruitment

Old Mutual job recruitment

Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange.

Job Description

At Old Mutual Limited, the role is individually accountable for establishing and embedding a culture of compliance as well as ensuring that risk management processes are implemented at Business Unit (BU) levels through own efforts. The incumbent initiates and facilitates corrective action where required.

Duties and Responsibilities

  • Ensures risk processes (Risk assessment, identification, management, reporting and optimization) are occurring at BU level
  • Challenges risk management information received from reporting entities
  • Monitoring top and emerging risks as well as putting in place management actions to mitigate same
  • Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues
  • Provides oversight for risk management activities ensuring Group Risk Policy statements are met
  • Rolls out policies and ensures all  policies are complied with
  • Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures
  • Ensures monthly risk control logs are updated and follows up with various Line Managers
  • Establishes and embeds compliance across the various entities within the business.
  • Ensures compliance within area by implementation of compliance risk management and monitoring plans
  • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem
  • Interacts with senior management on compliance and legislative developments that may influence the company direction.
  • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation
  • Manages  relationships with various stakeholders
See also  Job Advertisement At Code For Africa

Competencies

  • Innovation
  • Business Awareness
  • Technical Knowledge
  • Execution
  • Initiating Action
  • Decision Making

Qualifications and Experience

  • A minimum of a Bachelor’s degree (from an accredited university) in Actuarial science, Mathematics/Statistics, Risk Management, Law or related field.
  • 2-3  years’ experience in Risk, Legal, compliance and audit and /or enterprise risk management function
  • Working Knowledge of Life Insurance business

APPLICATION PROCESS FOR OLD MUTUAL LIMITED

CLICK HERE TO APPLY ONLINE

Closing Date: Friday 24th September 2021

Thank You for your interest in working with Old Mutual. Please note that only shortlisted candidates will be contacted.

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