Due Diligence Consultant - 6 months contractLet's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description Role overview This role will be responsible for third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance e.g. Anti-Money Laundering and Anti-bribery and Corruption policies/legislation, reputational risk assessments. The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals.
Key Result Areas Reduced reputational risk: Focus is primarily on high and medium risk reviews.
Delivered client service: Conduct due diligence investigations on individuals, business entities and associated entities, by following the due diligence assessment process. This entails conducting research and sourcing information utilizing a number of internal databases and third party systems.Draft due diligence reports by consolidating and collating analyzed information, highlighting potential risks/red flags and making recommendations to senior management.Ensure governance and compliance standards are met by recording due diligence assessment outcomes on the case management systems for future reference.Prevent potential risks by processing, analyzing and highlighting risk information to stakeholders.Highlight system and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders.Provide forensic investigation support by obtaining and verifying information that could assist forensic consultants in their investigations.Requirements: Skills, Qualifications, Experience required Grade 12BCom degree or relevantA minimum of 3 years' relevant experience in a financial services/insurance environment (insurers and/or banks).Good knowledge of the financial services industry and types of products, as well as an understanding of typical performance and risk measures.Experience in research methodology, anti-money laundering and anti-bribery and corruption investigations.Ability to analyze and interpret financial/transactional data in order to identify typical financial crime typologies/red flags.Requires excellent report writing skills.Financial risk management/oversight experience would be a distinct advantage.Experience in conducting financial health assessments would be advantageous.Competencies: Excellent verbal and written communication skills.The ability to perform under pressure, related to both time and consequence.The ability to interact and work with different teams across a diverse front.Strong forward-thinking and analytical skills.Pragmatic and numerate.Logical thought processes and critical thinking skills resulting in sound judgment.Decision-making abilities.Education Bachelor of Commerce (BCom)
Closing Date 03 November 2024
The 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!
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