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Job Description

Role Overview

The investment repository (IR) is an application that is used to store and collate investment data to support investment reporting for OMLACSA and in scope Group insurance entities.

Reporting to the Head of OMLACSA Regulatory Reporting and Investment Repository, the role will be primarily accountable for the management and delivery of all the Investment Repository deliverables to the various stakeholders (i.e. IFRS, Regulatory, Actuarial, Tax, BSM, Group Credit Risk, etc.)

Key result Areas & Reporting responsibilities:

To manage the Investment Repository (IR) team, this includes:

Owning the process of delivering the following quarterly OMLACSA IR extracts that support various reporting processes:

IFRS

SAM

Credit and concentration risk (including look-through)

SARB Quarterly Asset Allocation

Foreign exposure

BSM extracts

Tax extracts

Owning and delivering the agreed upon investment reporting requirements for the SA and non-SA insurers within the OML group.

Managing the delivery of the OMLACSA SAM Annual asset QRT’s.

Managing the daily shareholding disclosure process per S122 of the Companies Act and UK Takeover Panel regulations

Managing the delivery of the investment related input into the annual S&P ratings exercise.

Managing the delivery of the investment asset related information for the IAIS submission.

Provide input as required in respect of ad-hoc investment information requests.

Manage the delivery of the bi-annual OML Group Exposures QRT’s.

Responsible for liaising with the auditors in respect of any investment related queries (IFRS, SAM and SARB) and facilitating resolution thereof.

Responsible for resolving queries received from relevant stakeholders (e.g., IFRS, regulatory, actuarial teams, etc)

Responsible for providing all the OMLACSA AFS disclosure in respect of IFRS13, IFRS9 and other adhoc disclosure requirements.

Responsible for managing the SARB audit

Responsible for managing a team of minimum 2 direct reports.

Other responsibilities:

Provide guidance on the impact that prospective changes/transactions might have on the IR process and extracts.

Work closely with the Regulatory Reporting Team to ensure that the IR extracts are amended for changes to legislation/ Prudential Standards.

Work closely with the IFRS and central actuarial teams to ensure that any new requirements/changes to existing requirements are made.

All areas

Continuously improve the efficiency and capabilities of the function and participate in the broader Finance initiatives and Ad hoc projects across the Group;

Ensure that effective and efficient systems, processes and controls are maintained for all investment reporting to appropriate materiality;

Other ad hoc projects and activities as required.

Qualifications, Skills and Required Experience

CA(SA) with minimum 3 years working experience

Experience in investment related reporting will be advantageous

Exposure to SAM and SARB reporting will be advantageous

Good understanding of the different types of financial instruments

Financial Services industry experience is required

Ability to work with large volumes of data

Flexibility and willingness to work outside strictly defined role and hours when required

Ability to manage tight deadlines

Ability to deal with complex issues

Attention to detail and strong analytical skills

Strong organizational and project management skills

Ability to interact with senior stakeholders

Management effectiveness

Manage and develop a minimum of 2 direct reports.

Drives operational excellence through active process review and improvement, not afraid to challenge status quo.

Manage the relationship with all the data providers and asset managers.

Manage the relationship with all stakeholders that are recipients of the IR data.

Manage the budget and relationship with the third-party application owner.

Liaise with the third-party vendor in respect of changes and new development requirements.

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.

Prepare economic, financial, or statistical research and analysis for use in the development of business strategies and tactics. Has excellent theoretical and practical knowledge of different financial and analytical techniques, and the capability to plan own work and meet deadlines.

ResponsibilitiesBusiness Case

Develop straightforward business cases or lead feasibility and assessment work for proposed and current projects to support the development and continuous review of business cases.

Data Collection and Analysis

Use data from a wide range of sources to analyze key themes and identify possible impacts on the business.

Economic Research

Develop and/or deliver a plan for significant aspects of an economic research program, with guidance from senior colleagues.

Financial Modeling

Translate business objectives into clearly defined business cases, costs, and schedules to support growth in the business.

Insights and Reporting

Contribute to the design and creation of reporting strategies and templates. Lead execution of complex reports, identifying and interpreting complex patterns and trends, and translating those insights into actionable recommendations.

Data Management

Manage key aspects of the data management system. This includes being responsible for developing or operating key elements of the system.

Financial Policies, Guidelines, and Protocols

Create a plan to deliver and review financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Information and Business Advice

Provide specialist advice on the interpretation and application of policies and procedures, resolving complex or contentious queries and issues and enabling others to take appropriate actions.

Personal Capability Building

Act as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media.

Recommendations

Recommend changes to policies, processes, standards, and practices that would improve operational support.

Skills

Accounting, Action Planning, Analytical Thinking, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Encoding, Data Modeling, Evaluating Information, Numerical Aptitude, Solution Analysis

Competencies

Business Insight

Collaborates

Decision Quality

Financial Acumen

Manages Complexity

Nimble Learning

Optimizes Work Processes

Resourcefulness

Education

Chartered Accountancy: Chartered Accountancy (Required)

Closing Date

15 January 2025 , 23:59

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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