Risk Specialist - OMFIN

About the role

Old Mutual is hiring a Risk Specialist for its OMFIN unit in Namibia. 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.
• Identify and manage risks, controls, actions, key risk indicators (KRI) and risk events, and report and escalate risks on time.
• Maintain and improve the quality of data and reporting in the ERM system.
• Monitor and assure controls, KRIs, risk events and management actions.
• Ensure quarterly OMFIN Risk Review sign-offs are ready and reported accurately.
• Contribute to the annual review of the OMHN Risk Strategy and embed financial risk management aligned to the OMHN framework.
• Support the adoption and embedding of the Risk Policy, keeping checklists and templates updated, and create awareness of applicable policies.
• Assist with the annual Letter of Representation and attestation, maintain the Risk Policy repository and give process assurance on key business areas.
• Report on 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.
• Perform other ad hoc risk and assurance tasks as required.

Required profile

• Namibian citizen.
• B.Com degree or equivalent qualification as a minimum mandatory requirement.
• 3 to 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.
• Ability to work under pressure, handle conflicts and work as a team player.

Required skills

• Compliance software and regulatory compliance management.
• Data compilation and management reporting.
• Policies and procedures, QA methodologies and requirements development.