Chief Risk & Compliance Officer – OMSIC

About the role

Old Mutual is hiring a Chief Risk & Compliance Officer for OMSIC in Windhoek. The role identifies, evaluates, monitors and communicates the organisation's quality assurance, risk and compliance activities, ensures the risk and compliance framework and policies are implemented, and advises the OMSIC Board, Executive Committee and senior management on risk, regulatory and governance matters.

Key responsibilities

• Align and optimise OMSIC to the OMNAM Risk Methodology and OMHN Risk Strategy, and drive full compliance with the OMHN Enterprise Risk Management Policy
• Oversight of risk identification, controls, management actions, key risk indicators and risk events, including timely risk reporting and escalations
• Provide guidance and training on risk methodology, strategy and systems, and plan assurance of controls and risk indicators
• Embed financial risk management and prepare quarterly risk control self-assessment sign-offs
• Manage annual risk and compliance monitoring plans, the annual letter of representation and attestation, and Group Internal Audit reviews
• Implement the regulatory compliance risk policy and frameworks, and report regulatory breaches and statutory submissions accurately and on time
• Manage regulatory affairs, relationships with regulators and responses to audits, inspections and investigations
• Monitor compliance breaches, remediation actions and corrective and preventive measures
• Prepare risk and compliance reports, risk assessments and regulatory updates for the Board, Executive Committee and Group functions
• Lead teams, manage performance, allocate resources, coach and mentor staff, and deliver awareness initiatives on legislation and regulatory developments

Required profile

• Namibian citizen
• B.Com, B.Acc or LL.B degree or equivalent, with articles as a minimum mandatory requirement
• 5 to 7 years' experience in risk management, audit and compliance, ideally in financial services
• Relevant financial services certifications preferred
• Flawless command of English, strong communication, organisation and presentation skills, and ability to work under pressure

Required skills

• Regulatory compliance management
• QA methodologies and risk and compliance software
• Legal practices and data compilation