Job Opportunities at Old Mutual South Africa

Job Description

• The successful applicant will be responsible for managing Old Mutual Investments’ Regulatory Compliance Team, which is responsible for managing regulatory risk. This is an exciting opportunity in a diverse financial services company and offers the successful candidate stretch across multiple asset classes and asset management boutiques in an ever-changing regulatory environment.

Key Result Areas

• Ably managing the team and ensure that a sound regulatory compliance framework and environment is maintained, by means of drafting, implementing and maintaining suitable policies, processes and monitoring frameworks.
• Ensure compliance with Old Mutual Group standards, as applicable to regulatory compliance.
• Remain abreast of changes to legislation, such that you are able to:
• Engage the business on changes or requirements in applicable primary legislation.
• Propose solutions that are efficient and effective, given business and environmental factors.
• Provide commentary on impending legislation, and understand how it pertains to the business.
• Maintain and enhance Old Mutual Investments’ regulatory training and communication programme, and be comfortable to provide face-to-face training as and when required.
• Compile the annual Compliance Plan and Compliance Monitoring Plan (CMP), and ensure execution thereof.
• Provide assistance and guidance to the business, and respond to queries on all regulatory compliance matters.
• Investigate, track resolution and report compliance breaches.
• Coordinate regulatory engagements, including site visits.
• Ensure reporting obligations, both internal and regulatory reporting requirements, are conducted within required timelines.
• Liaise with key internal and the broader Old Mutual Group governance stakeholders.
• Actively participate, and represent Old Mutual Investments, in internal Old Mutual Group subject matter forums.

Qualifications, Skills And Experience

• A suitable legal degree.
• At least five years of experience in financial services, preferably in asset management, and in a legal or compliance role.
• Capable of being approved as a compliance officer by the Financial Sector Conduct Authority. Being eligible for approval as a JSE Compliance Officer (Bonds and Derivatives) would be advantageous.
• Understanding of key legislation that impacts asset management and regulatory developments, including FICA and FAIS.
• Having fulfilled a role as a compliance officer within an asset manager, and experience with JSE member compliance within a bond/derivatives broker would be considered advantageous.
• Ability to think of innovative and/or efficient solutions.
• Ability to influence and build excellent external and internal working relationships.
• Ability to function and influence at all levels in the organisation including executive level.
• Excellent planning and organisational skills.

Competencies

• Accuracy
• Adaptability
• Communication
• Analysis
• Decision making
• Independent work
• Gaining commitment
• Initiating action
• Problem solving
• Quality orientation
• Stress tolerance
• Technical/ Professional knowledge

Skills

• Compliance Frameworks, Ensure Compliance, People Management, Regulatory Compliance
• Education
• Bachelor Of Laws (LLB) (Required)