Senior Due Diligence Consultant at Old Mutual

Job Description

• 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
• This role will be responsible for high risk / complex third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance.  The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals. In addition, the incumbent will be responsible for conducting quality assurance on work performed by Due Diligence Consultants and supporting the Due Diligence Manager with ad-hoc requests / projects as required.

Reduced reputational risk: 

The focus is primarily on conducting due diligence reviews in respect of high risk / complex investigations, including anti-bribery and corruption assessments. The main purpose is to identify financial crime and / or reputational risk exposure for the group, amongst others. 
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 and engaging with external parties as required. 
• 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.
• Perform quality assurance on work completed by Due Diligence Consultants. 
• Provide coaching and guidance to Due Diligence Consultants.
• Influences the enhancement of business processes and methodologies by researching and recommending improvement.
• Support the Due Diligence Manager with ad-hoc projects / requests as required.

Requirements:

• Grade 12
• BCom degree or relevant
• A minimum of 3 to 5 years’ due diligence experience in a financial services (insurers and/or banks). 
• Experience in research methodology and anti-bribery and corruption investigations.
• Demonstrated experience with engaging with external stakeholders, including senior management.
• Experience in leading teams and conducting quality assurance.
• Requires excellent report writing skills.
• Good knowledge of the financial services industry and types of products, as well as an understanding of typical performance and risk measures.
• Ability to analyze and interpret financial / transactional data in order to identify typical financial crime typologies / red flags.
• Experience in conducting financial health assessments would be advantageous.

Personal Attributes:

• 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.

Skills

• Communication, Regulatory Compliance, Report Writing, Standards Compliance, Written Communication

Education

Bachelors Degree (B)  (Required)
Closing Date

• 20 May 2021