Compliance Specialist (OMSIC)

About the role

Old Mutual Namibia is looking for a Compliance Specialist for OMSIC. The role embeds compliance in the area of responsibility through a compliance risk management and monitoring plan, reports breaches to line management and the Senior Compliance Officer, and helps resolve them and mitigate risk. It suits someone who wants to support the implementation of the Old Mutual Group Compliance Framework and promote a strong culture of compliance.

Key responsibilities

• Support management in implementing the Old Mutual Limited Group Compliance Framework and help oversee OMSIC so it meets its legal and regulatory obligations, including emerging laws and their impact.
• 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 update the employee training framework and training materials, and deliver training on legislation and industry changes.
• Cooperate with regulatory requests for information, 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 as a minimum mandatory requirement.
• 3 to 4 years of relevant compliance experience, ideally in financial services.
• Admission as a Compliance Practitioner with a recognised association or relevant financial services certification is an advantage.
• Flawless command of English; assertive, self-starter with excellent communication, organisation and presentation skills.
• Ability to work under pressure while maintaining high service levels.

Required skills

• Regulatory compliance management and compliance software
• Data compilation, management reporting and policies and procedures
• Professional presentation and oral communication