Lets Write Africa's Story Together!

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

Job Description

This role is responsible for facilitating, co-ordinating and overseeing the implementation of the Old Mutual Zimbabwe Group (OMZL) risk strategy and enterprise risk management and compliance disciplines within its businesses, and monitors, escalates and reports material risks, events and issues to the Old Mutual Africa Regions Chief Risk Officer or designate, with the primary objectives of contributing to the overall success and achievement of the business objectives.

RESPONSIBILITIES

Accountable for co-ordinating the formulation of the Risk and Compliance Strategy, which is aligned to Old Mutual Zimbabwe Group business strategy.Leads the formulation of the risk appetite statement and qualitative and quantitative risk limits/metrics for the business, in collaboration with risk owners.Recommends and implements a group-wide enterprise risk management framework (including the compliance and combined assurance frameworks) for identifying, assessing, managing, monitoring and reporting all enterprise risks across the business.Co-ordinates the development or customisation of country risk policies, supporting guidance and procedures to be applied group-wide and oversees the adoption of such policies by the appropriate governance and oversight bodies.Facilitates through risk advisory activities, quantitative and qualitative risk, and control assessments of all material risks within the Group. This includes monitoring management responses/mitigating actions and tracking progress in managing risks to within target ranges.Provides risk advice to the business on proactive risk assessments such as emerging risk reviews and stress testing and scenario analysis.Provides group-wide oversight and advice on risk and compliance management activities, to ensure compliance with risk policies.Provides assurance to management and the Board, through assurance activities and conformance tests, on the status of the risk and control environment within the Group and recommending enhancements.Responsible for the implementation of a regulatory engagement strategy, facilitating and maintaining cordial relationships with the Group’s regulators.Provides risk and compliance thought leadership on key themes and emerging trends, including identifying topics, designing and facilitating ongoing training programmes up to Board level.Supports the Group effectively manage regulatory compliance risk, including anti-money laundering, market conduct, and privacy risks.Responsible for the administrative management of the Group Forensic Services (GFS) function in-country.Accountable for managerial work, including selection, performance management and talent management of Risk, Compliance and GFS personnel.Reviews, challenges and provides input on the risk and compliance management information received from reporting entities before reporting on the same to Group committees.Attests, through reports, to the Board Committees (Group Risk and Compliance Committee and Group Audit Committee) as well as to Old Mutual Africa Regions (OMAR) and the wider Old Mutual Group on the status of the risk management control system within the Group.Oversees monthly tracking throughout the Group of the status and changes in the risk and control environment through appropriate reporting.Is the Primary Advisor to the Group Executive Committee (Group Exco) on Risk and Compliance matters.

Experience:

A Degree in Finance, Banking, Risk Management, Actuarial Science or related field. Professional Qualifications and certifications in the appropriate fields is an added advantage.Experience in risk management and compliance or in related and overlapping fields.At least seven (7) years’ experience at senior management or executive level.

Competency Requirements:

AdaptabilityAligning performance for successBusiness Awareness and technical knowledgeDecision makingGaining commitmentPlanning and organizingInformation monitoringOwnershipCritical thinking

Skills

Adaptive Thinking, Business Needs Analysis, Business Requirements Analysis, Business Risks, Change Management, Compliance Management, Current State Assessment, Data Compilation, Enterprise Risk Management (ERM), Executing Plans, Oral Communications, Policies & Procedures, Policy Development, Presenting Solutions, Professional Presentation, Readiness Assessments, Risk Strategies, Strategic Planning

Competencies

Balances StakeholdersBuilds Effective TeamsBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyDrives Vision and PurposeEnsures Accountability

Education

Bachelors Degree (B): Business, Bachelors Degree (B): Mathematical Sciences

Closing Date

27 August 2025 , 23:59

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