Legal, Risk and Compliance Officer Apply
Locations: Cape Town
Time Type: Full time
Posted on: Posted Yesterday
Job Requisition ID: JR-57487
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 A vacancy has arisen for a Legal, Risk and Compliance Officer for Old Mutual Property also known as Old Mutual Real Estate Holdings Company (OMREHC) (Pty) Ltd. This Cape Town based role delivers legal support services, secretarial and compliance support services as per legislative requirements.
Legal, Risk & Compliance Services Advises the business with interpretation, advice and application of legal and regulatory requirements across assigned entities and trusts. Assists the Board with the interaction/communication with regulatory bodies, with respect to matters affecting the Board, such as governance requirements. Ensure that all compliance matters are managed, addressed and presented and tabled at subsidiary Board's in accordance with the compliance calendar applicable to subsidiaries. Provides legal transactional governance advice to assigned entities and trusts. Draft, review and vet various property related contracts. Manage property related litigation. Provide general commercial advice to the business. Plan for, implement and take accountability for the development and adoption of a first line risk and compliance function for the business. Provide risk identification, assessments and monitoring to the business. Communicate updates, monitor and report on the risk to second line risk and compliance. Provide technical risk and compliance inputs and provide support in business projects. Reporting on the effectiveness of company policy, standards, processes and procedures in Risk and Compliance Reports. Establish and manage relationships and enhance engagement with 2nd and 3rd line of defence assurance functions (Risk, Compliance Internal Audit and Governance). Identify and communicate training requirements and encourage awareness. Company Sec Services Responsible for providing efficient and effective Company Secretarial services to the Board/Trustees and if so required, Committees as assigned. Implement agreed advice/guidance to directors both collectively and individually on their statutory and fiduciary duties, responsibilities and powers. Responsible for administration relating to Board meetings, filing of documents and preparing Board Charters and Terms of Reference. Implement in line with agreed interpretation of the Companies Act and best practice corporate governance (including adherence to regulatory governance requirements) to all directors and members of management, aligned to Group Governance Framework (GGF) implementation and annual assessment. Ensures compliance with the Companies Act and any other applicable legislation in assigned entities and trusts. Organizes and administers the smooth running of meetings, producing accurate minutes and resolutions. Provides general support - maintenance of databases of information on directors and subsidiary companies, signing powers, etc. Delivers secretarial services as per legislative requirements. Manages remuneration of directors (if required). Sets up new subsidiary companies and trusts. Corporate Governance advice & monitoring Ensures that the Board implements best practice corporate governance requirements in line with the Group Governance Framework (GGF), when making decisions. Implementation of the GGF, to ensure efficiencies and drive down the overall cost of Corporate Governance. Provide input into all corporate governance initiatives, to ensure alignment with the Group. Accountable for GGF assessment/attestation, application and reporting across assigned entities and trusts. Provides oversight and monitoring of corporate governance and escalates Group wide issues. Assists in driving governance initiatives to underpin the vision of Old Mutual being a responsible business. Administers the Group's subsidiary companies' statutory records, registers and the lodgment of necessary returns in compliance with statutory requirements. Keeps Company registers up to date. Stakeholder relations Facilitates communication with stakeholders and acts as point of consultation between external defined stakeholders and the organization, pertaining to relevant matters. Building professional relationships with key stakeholders within the business. Responsible for AGM administration across assigned entities. Basic Job Requirements Relevant Tertiary Qualification. Chartered Governance Institute Qualification will be advantageous. At least 5 to 7 years' experience in a legal and corporate secretarial environment. Property related experience being an advantage. Strong knowledge of statutory and regulatory requirements as per legislature. Board and board committee, executive/management committee administration experience required. Closing Date: 09 October 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.
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