Lets Write Africa’s Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
The purpose of Group Compliance is to establish and maintain mechanisms and systems of internal control to assist the UAP-OM Board of Directors and Managing Executives in meeting legal, regulatory and supervisory obligations and to promote and sustain a sound compliance culture.
This includes ensuring legal and regulatory compliance implications are integrated into material strategic, financial and operational decisions.
The Compliance Assistant will be part of the Risk and Compliance team for a Fixed term of 6 months and supporting achievement of specific Group Compliance Framework deliverables.
1. KEY TASKS AND RESPONSIBILITIES
Specific responsibilities are as follows:
Regulatory Change Management –
- Support on the Roll-out of the Regulatory Change Management for East Africa – including Line 1 Regulatory Change Coordinators and coordinating with BU Risk and Compliance Officers.
- Complete required input and updates within the GRC system in line with the Regulatory Change Framework
- Providing training and required admin support to Regulatory change coordinators and various teams.
- Produce reporting and dashboards on Regulatory Change to track and create visibility on the pillar.
AML Compliance support
Working closely with the Group AML Officer;
- Support in refresh of Business Risk Assessment (BRA for the respective business. Ensuring required data, processes and catalogues are up to date.
- Groupwide Project – administrative tracking and status updates of EA deliverables from the project, analysing raw data requests, and compiling summaries with respect to current workstreams.
- Review and refining of system alert Rules reviewing raw data over a period of time and presenting supporting cases for refining existing rules.
- Support management of alerts and transition of alert management inline with proposed new operating model.
- Updates to existing risk registers/listings to reflect changes in East Africa region. In order to ensure screening data is up to date.
- Additional duties as assigned.
2. SKILLS AND COMPETENCIES
- Excellent communications skills (written and oral), able to communicate complex information to a variety of audiences.
- Organization skills, good level of attention to detail working to tight deadlines, An ability to manage deadlines and priorities
- Ability to both collaboratively and independently; team player.
- Is proactive and can anticipate the needs of those the role supports
3. KNOWLEDGE & EXPERIENCE
- Ability to understand, derive and interpret compliance control requirements, strong working computer skills.
- Previous experience in Risk, Compliance or Audit function including in control assessment and testing and reporting will be an advantage.
4. QUALIFICATIONS
- Bachelor’s Degree/University degree
- 2+ years of hands-on experience in a corporate environment.
- Professional qualifications in audit, IT, risk management, compliance or project management would be an added advantage
Skills
Education
Closing Date
28 August 2024