Compliance Specialist (OMSIC)

About the role

Old Mutual is hiring a Compliance Specialist for OMSIC in Windhoek. The role embeds compliance in its area of responsibility through risk management and monitoring, reports breaches to line management and the Senior Compliance Officer, and helps mitigate compliance risk. It suits someone who can work under pressure and act as an assertive team player.

Key responsibilities

• Support management in implementing the Old Mutual Limited Group Compliance Framework and help oversee OMSIC's legal and regulatory obligations, including emerging laws.
• Promote and sustain a strong culture of compliance.
• Give independent input on the adequacy of regulatory controls and the internal control environment, following the Group Compliance Monitoring and Assurance Methodology and the Annual Compliance Plan.
• Maintain the regulatory universe and the Compliance Risk Management Plan for OMSIC.
• Ensure accurate reporting and escalation of breaches, and monitor remediation against agreed actions and due dates.
• Advise on, develop and deliver employee training on legislation and industry changes.
• Assist with regulatory requests, reviews, audits and investigations.
• Present feedback on regulatory compliance matters in monthly business forums and the OMSIC Executive Committee, and prepare compliance reports for the Group Risk and Compliance Manager.

Required profile

• Namibian citizen.
• LL.B or B.Com degree or equivalent (NQF level 7).
• 3-4 years of relevant compliance experience, ideally in financial services.
• Admission as a Compliance Practitioner or relevant certification is an advantage.
• Flawless command of English and excellent communication, organisation and presentation skills.

Required skills

• Regulatory compliance management and compliance software.
• Data compilation, management reporting and policies and procedures.
• Conflict handling and ability to work under pressure.