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

Job Description

Role overview

This role will report to the Snr Risk Officer: Operational Risk Institutional.   80% of the work allocation will be in support of the deliverables of the line manager. The remainder of the work allocation will be to support the broader Operations, Servicing & IT team. This role will largely have just Centre of Expertise responsibilities.

Key Result Areas

Delivery of Services

Ensures that risk management processes (identify, measure, respond, monitor and report risk) are implemented at business unit level;

Provides support to business unit management in carrying out risk-related responsibilities and influence risk-based decision making;

Provides support & assistance to management across the value chain to embed risk management.

Customer

Supports the operational management across the Institutional value chain;

Participate and facilitate risk and control workshops;

Build relationships with operational management across the Institutional value chain;

Assists with challenging line 1 on the risk and control environment;

Builds and maintains relationships with risk owners, risk events owners and control owners; and

Operations

Contribute to reports by consolidating and collating analysed information and highlighting potential risks.

Ensure governance and compliance standards are met by recording risk assessment outcomes on system for future reference.

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

Centre of Expertise

Participate in and contribute to relevant process Risk Review (deep-dives).

Requirements: Skills, Qualifications, Experience required

Related tertiary qualification in risk / internal audit /compliance or related area

1 – 3 years’ relevant experience in Financial Services.

Understanding and appreciation of Risk Management Methodology and Tools is mandatory.

Internal control design and assessment experience is mandatory.

Stakeholder management experience at a middle management level would be advantageous.

Life Insurance, including Retirement Fund experience, would be advantageous.

Experience in digital & data and artificial intelligence (AI) will be advantageous.

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.

Skills

Analytical Thinking, Internal Controls, Risk Assessments, Risk Management

Education

Bachelors Degree (B) (Required)

Closing Date

18 May 2024

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.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

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