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Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

a)    Establishing and continuously improving a consistent operating framework for the identification, management, monitoring and reporting of compliance risks and issues.
b)    Assisting the BU Anti-Money Laundering (AML) Officer to establish and embed a culture of compliance with AML requirements.
c)    Reporting compliance breaches to the Head of Compliance on a monthly /quarterly basis.
d)    Handling the management and execution of second line monitoring and assessment program for Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF);
e)    Improving and maintaining AML/CTF policies and procedures.
f)    Providing relevant compliance reporting to ensure the completion and proper analysis of suspicious activity reports.
g)    Ensuring detailed and prompt investigation of all AML/CTF incidents and cases.
h)    Maintaining a proper register of all incidents reported internally and externally.
i)    Aiding in the improvement of tools to monitor, analyze, and report suspicious activity.
j)    Monitoring the performance of the Compliance Program and related activities on a continuing basis, taking appropriate steps to improve its effectiveness.
k)    Identifying applicable Legislation, Regulatory Directives, Rules and Regulations, and analysing the impact thereof on the Group and applying this to Group processes and procedures, current/new projects and current/new products.
l)    Ensuring that internal policies do not contravene current and/or proposed Legislation, Regulatory Directives, Rules and Regulations.
m)    Assisting in general compliance awareness, AML/CFT and refresher trainings.

 

Establishes and embeds compliance in area of responsibility. Ensures compliance within area by implementation of compliance risk management and monitoring plan. Reports on compliance breaches to line management and Senior Compliance Officer/Compliance Executive. Facilitates resolution of compliance breaches. Assists in mitigation of compliance risk. Utilises limited legislation, and impact of legislation on the BU/functional area is limited."

ResponsibilitiesRegulatory and Compliance Management

Investigate all kinds of incidents and reports and provide expert advice to more senior colleagues. Minimize risk exposures and ensure adherence with regulatory standards by working with all internal functions to make sure compliance programs are properly implemented.

Regulatory Affairs

Take responsibility for managing and delivering a designated work program.

Quality Management System

Contribute to the identification and evaluation 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 input 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.

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.

Policy Development and Implementation

Work within established procedures to achieve specified goals.

Organizational Capability Building

Provide coaching to team members to develop their skills.

Information and Business Advice

Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring issues to others where necessary for interpretation of policy.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Skills

Compliance Software, Data Compilation, Engineering Standards, Legal Practices, Management Reporting, Oral Communications, Policies & Procedures, Presenting Solutions, Professional Presentation, QA Methodologies, Regulatory Compliance Management, Requirements Development

Competencies

Action OrientedBalances StakeholdersFinancial AcumenInstills TrustInterpersonal SavvyManages ComplexityOptimizes Work ProcessesPersuades

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

12 September 2025 , 23:59

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