16 May
2025
Risk and Compliance Officer – Pensions at Old Mutual
AccraJob Description
Risk & Compliance Management & Control Environment
- Advise Line 1 management on developing processes and controls to manage risks including regulatory compliance risks.
- Ensures that risk management processes (identify, measure, respond, monitor and report risk) are implemented at business unit level.
- Monitor the adequacy and effectiveness of the risk management system and internal control environment, accuracy and completeness of reporting.
- Provide the necessary information to enable the prioritization of management actions to remediate control weaknesses.
- Challenge management where deemed appropriate and express an opinion on business unit risk and internal control environment.
- Ensure that any breach of risk limit is timeously identified and escalated. Provide input to and/or challenge corrective actions taken to reduce the risk exposure.
- Facilitates resolution of compliance breaches and assists in mitigation of compliance risk.
- Assists Line 1 management to rollout the risk management strategy & risk policies as per the OML requirements.
- Support Line 1 management to complete annual and quarterly risk processes.
- Provides support to business unit management in carrying out risk-related responsibilities and influence risk-based decision making.
- Handle the management and execution of second line monitoring and assessment program for Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF);
- Improve and maintain AML/CTF policies and procedures
- Liaison between group internal audit and business and ensure business preparedness for all audits.
Reporting
- Provide Line 2 risk and compliance reports to Executive, Board Risk Committees and Regulators.
- Provide a Line 2 opinion on risks and compliance at relevant Committees
- Oversight responsibility as Data Protection Supervisor and Anti Money Laundering Reporting Officer.
Risk & Compliance Culture
- Positively influences the business unit’s risk and compliance culture
- Support CRO & Line 1 Management to identify actions that will improve the risk and compliance culture
- Participate in and contribute to relevant deep-dives and reviews of strategic programs
Closing Date: 27th May, 2025
HOW TO APPLY
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