Compliance Officer - Old Mutual Corporate page is loaded Compliance Officer - Old Mutual Corporate Apply remote type Hybrid locations Cape Town Johannesburg time type Full time posted on Posted Yesterday job requisition id JR-53066 Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description This role is responsible for ensuring a coordinated view of Old Mutual Corporate's "OMC" state ofcompliance,gapsandremedialaction required and that all legislative changes impacting OMC is timeously implemented.
Key Result Areas :
Receive legislative change via LARC on CURA Source/facilitate high level impact assessment of legislative change, with the support of OMC Legal, Product Legal and Line 2 Compliance.
Capture/upload high level impact assessment on CURA Present high- level impact assessment at the OML Legislative Change Committee.
Facilitate/Source detail business and or project plan to evidence legislative change implementation plan in line with required compliance date.
Guide and Support business implementation projects to ensure that it aligns with the Legislation and OMC strategy.
Capture/Upload implementation plan on CURA and keep up to date from a tracking and reporting perspective.
Report progress on the Legislative Change Committee.
Drive/negotiate/influence/collaborate cross segment uniformity of compliance implementation, either at the Legislative change committee or the identified legislative coordinator in another segment.
Ensure impacted COE 's is informed and have an evidencable implementation plan.
Support OMC Legal in the updating of the OMC License to Operate Dashboard.
Legislation monitoring and reporting: Review business areas compliance monitoring and reporting outputs, to ensure the correct outcomes are measured.
Agree with business areas corrective actions where applicable to ensure compliance monitoring and reporting efforts, evidence the correct legislative compliance outcomes.
Create an OMC compliance outcome report, that informs OMC and its relevant stakeholders of its overall compliance state.
Review business areas action plans to increase positive compliance outcomes and report to OMC Ops progress on these corrective actions.
Interpret compliance reports to identify trends, agree with responsible business areas their action plans to correct non- compliant trends.
Qualifications, skills and experience required: LLB or similar Law degree required
2-3 years Financial Services compliance experience
Compliance and risk management experience
Sound Knowledge and understanding of the regulatory and statutory environment.
Interpretation of Legislation
Excellent Written and verbal communication
Analytical Thinking
Analysing and fact finding
Project management experience
Ability to compile accurate and complete reports.
Skills Education Closing Date
20 April 2024The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question. Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19. All prospective employees are required to disclose their vaccination status as part of the recruitment process. Please refer to the Old Mutual's Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so. The Old Mutual Story! About Us Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.
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