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OLoldmutual logo

oldmutual

Windhoek, Namibia

Chief Risk & Compliance Officer: OMSIC.

LEADERSHIPFINANCE & LEGAL
Lets Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description 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. Minimum Requirements. Namibian Citizen; B.Com or B.Acc or LL.B degree or equivalent degree with articles as a minimum mandatory requirement; 5 - 7 years’ experience in risk management, audit and compliance ideally in the financial services industry; Relevant financial services certifications shall be preferred; Strong technical skills; Flawless command of the English language; Assertive self-starter with excellent communication, organisation and presentation skills; Excellent conflict handling skills; Ability to work under pressure while maintaining high service levels; and A team player. Job specification: Ensure alignment to and optimisation of OMNAM Risk Methodology and OMHN Risk Strategy in OMSIC; Drive OMSIC’s full compliance to the OMHN Enterprise Risk Management Policy to ensure effective risk management by: Performing oversight over Risk Identification and management of Risks, Controls, Management Actions, Key Risk Indicators and Risk Events including timely Risk Reporting and Escalations; and Providing guidance and training to OMSIC on OMNAM Risk Methodology, OMHN Risk Strategy and systems; Plan and provide assurance of controls, Key Risk Indicators, Risk Events and Management Actions; Manage and embed Financial Risk Management in OMSIC aligned to the OMNAM Financial Risk Management Frameworks; Ensure readiness for and successfully completion of quarterly OMSIC Risk Control Self-Assessment sign-offs; Plan, implement and embed OMSIC appropriate Risk Policy adoptions, monitor and report upon the OMSIC Risk Policy compliance levels; design and monitor awareness creation plans for OMSIC appropriate Risk Policies; Provide timely assurance and reporting of Management Actions and compliance ratings to relevant forums within OMNAM; Ensure timeous completion and accurate submission of OMSIC annual letter of representation and attestation process; Manage the implementation and completion of annual OMSIC assurance work required; Manage OMSIC applicable Group Internal Audit (GIA) reviews and ensure quality through oversight of IBAM identification, managements’ feedback and remedial actions to ensure root causes are addressed; Proactive management of GIA issues becoming due with timeous reporting and escalation; Evaluate and recommend improvements to management systems, policies, procedures, business processes, testing methodologies, and internal controls to support operational excellence and continuous improvements; Implement the OMHN Regulatory Compliance Risk Policy and Group Compliance Frameworks, programs, and controls to ensure alignment with Namibian regulatory requirements, industry standards, and organizational governance objectives; Ensure accurate and timely reporting of regulatory compliance breaches, concerns, and statutory submissions through the appropriate governance channels and regulatory reporting processes; Monitor compliance breaches, track remediation actions, and ensure timely escalation and reporting of regulatory concerns; Manage regulatory affairs activities, maintain effective relationships with regulators, and coordinate responses to regulatory requests, reviews, audits, inspections, and investigations; Provide independent oversight and assurance on the adequacy and effectiveness of compliance-based processes and controls through compliance monitoring, testing, and risk-based reviews in accordance with an approved OMSIC Compliance Monitoring Plan; Maintain the regulatory universe and Compliance Risk Management Plan, identify emerging compliance risks and legislation, assess regulatory impacts, and implement appropriate mitigation strategies; Monitor regulatory compliance remediation activities, ensuring corrective and preventive actions are implemented effectively and within agreed timelines to strengthen the overall control environment; Prepare and present risk and compliance reports, risk assessments, regulatory updates, compliance ratings, and key risk and compliance matters to OMSIC Board, OMSIC Executive Committee and its senior management, and Group Risk and Compliance functions; Compile for approval and execute the annual risk-based OMSIC Risk and Compliance Monitoring Plans; Build and maintain strong relationships with internal and external stakeholders, provide specialist short-term insurance risk and compliance advice, and support OMSIC in understanding and implementing risk, regulatory and governance requirements; Assess and implement process automation for risk and compliance functions within OMSIC; Deliver guidance, awareness initiatives, and oversight to ensure employees undergo training on applicable legislation, regulatory developments, industry standards, and compliance obligations to strengthen OMSIC’s risk and compliance culture; Communicate strategic objectives, lead and motivate teams, manage performance, allocate resources, and foster accountability to achieve functional and organizational goals; and Identify capability gaps, implement development initiatives, and provide coaching, mentoring, and knowledge-sharing to strengthen individual and organizational capability. na Skills Compliance Software, Data Compilation, Engineering Standards, Executing Plans, Legal Practices, Performance Management Design, Policies & Procedures, Procurement Performance, Project Quality Management, QA Methodologies, Regulatory Compliance Management, Requirements Development Competencies Balances Stakeholders Communicates Effectively Financial Acumen Instills Trust Interpersonal Savvy Manages Ambiguity Manages Complexity Optimizes Work Processes Education NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent Closing Date 06 November 2026 , 23:59 The Old Mutual Story! Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.
Pay
Not stated
Where
Windhoek, Namibia
Work
Not stated
Type
Not stated
Posted
27 Oct, 2026
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