Career Opportunities at Old Mutual South Africa

Responsibilities: 

• Regulatory compliance and oversight: Ensure operations comply with applicable local regulatory requirements. Stay updated on relevant financial services regulations, venture capital guidelines, and industry-specific compliance issues, and their impact to Next176 operations.  
• Creation and implementation of Next176 Risk Management Plan  
• Alignment with Old Mutual Group policies and frameworks: Where relevant, understand Old Mutual’s compliance, risk and governance frameworks, their implications on Next176 operations and frameworks and the adoption and embedment of applicable requirements.  
• Contractual and regulatory adherence: Review and advise on contractual obligations, due diligence, and risk assessment for new contracts across the business.  
• Risk Management Framework: Develop and maintain a robust risk management framework to identify, assess, mitigate, and report on financial, operational, regulatory, reputational, and strategic risks. Conduct periodic risk assessments and reviews to evaluate the company's risk profile and risk management processes. 
• Operational Policy and process development and implementation: Draft, review, and update policies and procedures to address compliance with laws, regulations, and best practices. Implement and monitor effective controls and systems to prevent or manage violations of legal guidelines and internal policies. 
• Venture and partnership compliance: Integrate risk management checks into the due diligence processes for potential investments and partnerships. Monitor and advise on the legal aspects of venture contracts, partnership agreements, and new market entries. 
• Governance: definition, set up and enforcement of governance framework, forums and Terms of Reference.  
• Stakeholder management: own relationships with external and internal stakeholders including legal counsel, auditors, regulators, Old Mutual Group legal, compliance and risk stakeholders. Be the go-to person at Next176 for matters on Risk, Compliance, Legal and Governance.  
• Continuous improvement and reporting: Continually evaluate and enhance the efficiency of  controls. Prepare detailed reports for senior management, highlighting risks, non-conformity issues, and progress on risk management metrics.
• Training and development: Educate and train staff on risk awareness, compliance procedures, and governance principles, fostering a culture of continuous improvement. 

Qualification, Skills and Experience:

• Bachelor's degree in business administration, or a related field. MBA preferred. 
• Proven experience in risk, compliance, or governance roles within the financial services or insurance industry.  
• Ideally experience within venture capital, corporate venture capital, venture builder