Risk Specialist - OMFIN

About the role

Old Mutual is hiring a Risk Specialist for its OMFIN unit in Windhoek. The role embeds compliance and risk management in the area of responsibility, drives compliance with the Enterprise Risk Management (ERM) policy, manages financial risk and supports risk reporting to management and the board.

Key responsibilities

• Provide guidance and training to OMFIN on risk methodology and systems, and proactively identify risks, controls, actions, key risk indicators (KRI) and risk events, including timely reporting and escalation.
• Ensure the ERM system data is used and improved, and support quarterly OMFIN Risk Review sign-offs and the annual OMHN Risk Strategy review.
• Manage and embed financial risk management aligned to the OMHN framework, and monitor and report on risk and compliance ratings.
• Support risk policy adoption, keep policy checklists and templates updated, create awareness of risk policies and maintain the risk policy repository.
• Perform monitoring and assurance of controls, KRIs, risk events and management actions, and give process assurance on key business areas.
• Report risk and governance matters in monthly business forums and the OMFIN Executive Committee, and prepare risk reports for the OMHN Group Risk and Compliance Manager for onward reporting to the board or group functions.
• Assist with the annual Letter of Representation and attestation, and perform other ad hoc risk and assurance tasks.

Required profile

• Namibian citizen.
• B.Com degree or equivalent qualification as a minimum mandatory requirement.
• 3-4 years of relevant risk management experience, ideally in financial services.
• Risk management certifications are an advantage.
• Flawless command of English, strong communication, organisation and presentation skills, and ability to work under pressure.

Required skills

• Compliance software and regulatory compliance management.
• Data compilation, management reporting and QA methodologies.
• Policies and procedures, legal practices and engineering standards.