OMF Advanced Compliance Officer at Old Mutual

Job Description

Minimum Requirements:

• At least 3 years' experience in management of a team driving a high-performance team culture.
• At least 5 - 8 years' experience in a 2nd line Regulatory Compliance Function
• CPRAC would be an advantage
• FAIS Compliance Officer would be an advantage
• Preferably experienced in financial services, lending, Anti-money Laundering and Privacy related legislation.
• Law Degree or a Degree in Auditing (preferred - or alternatively a degree acknowledged by the FSCA for Compliance Officers)
• Identify, evaluate, monitor and communicate the organizational QA, Risk and Compliance management activities to manage the organizations exposure to risk. Ensure that the organizations risk and compliance management framework and component policies are effectively implemented and applied.

Responsibilities
Regulatory and Compliance Management

• Help design and implement a compliance program, liaising with the regulator to ensure the program adheres to regulatory and compliance standards. This may also involve supervising the activities of a regulatory/compliance team. 

Regulatory Affairs

• Take responsibility for managing and delivering a designated work program.

Quality Management System

• Identify, analyze, and evaluate the effectiveness of current policies and business processes that are in the scope of the quality management system (QMS); contribute to the design of the QMS; provide specialist quality management oversight to the drafting of new policies and procedures and the design of business processes; contribute to the quantification of the costs and business benefits of change.

Audit Compliance

• Manage a portfolio of audit assignments. Ensure that the team plans and delivers audits that cover identified risk areas, and that appropriate corrective actions are agreed on with auditees. Resolve issues arising from audits and refer serious or contentious issues to the audit program leader.

Quality Assurance Testing Design

• Validate new or existing complex test methods and procedures; identify issues and recommend improvements to contribute to further development.

Stakeholder Engagement

• Contribute to stakeholder engagement by identifying stakeholders; by finding out their needs, issues, and concerns; and by reacting to these needs, issues, and concerns, arranging meetings and events and drafting supporting materials to promote understanding and commitment.

Leadership and Direction

• Communicate the local action plan; explain how this relates to the function's strategy and action plan and to the broader organization's mission and vision; motivate people to achieve local business goals.

Performance Management

• Respond to personal objectives and use performance management systems to improve personal performance; or monitor the performance of the team, allocate work and review completion, take appropriate corrective action to ensure timeliness and quality, and contribute to formal individual performance management and appraisal.

Organizational Capability Building

• Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Budgeting

• Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.

Competencies

• Balances Stakeholders
• Communicates Effectively
• Financial Acumen
• Instills Trust
• Interpersonal Savvy
• Manages Ambiguity
• Manages Complexity
• Optimizes Work Processes

Closing Date

• 23 April 2025 , 23:59