Risk Specialist: OMFIN

Lets Write Africa's Story Together!

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

• Namibian citizen;

• B.Com degree or equivalent qualification as a minimum mandatory requirement;

• 3 – 4 years relevant experience in risk management ideally in the financial services industry;

• Relevant risk management certifications shall be an advantage;

• 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.

• Drive full compliance with the Enterprise Risk Management (ERM) Risk Policy to ensure effective risk management by:

➢ Providing guidance and training to OMFIN on Risk Methodology and systems;

➢ Proactively engage in the identification and management of Risks, Controls, Actions, Key Risk Indicators (KRI) and Risk Events, and timely risk reporting and escalation; and

➢ Ensuring ongoing use and improvement of data captured on ERM system, as well as identifying and implementing improvements to the quality of reporting on ERM system;

• Perform monitoring and assurance of Controls, KRI’s, Risk Events and Management Actions;

• Ensure readiness for and the successful completion and reporting of quarterly OMFIN Risk Review sign-offs;

• Review and provide inputs to the annual review of the Old Mutual Holdings (Namibia) (Proprietary) Limited (OMHN) Risk Strategy;

• Manage and embed Financial Risk Management aligned to the OMHN Financial Risk Management Framework;

• Monitor and report on Financial Risk Management activities;

• Assist with the process of Risk Policy adoption and embedding;

• Ensure Risk Policy checklists/adoption templates remain updated and are completed annually as a compliance rating assessment tool;

• Ensure awareness creation of applicable OMFIN Risk Policies, where required;

• Perform monitoring and reporting on OMFIN Management Actions and compliance ratings relating to Risk Policies;

• Assist in the timeous and accurate submission of annual Letter of Representation and attestation process;

• Maintain the Risk Policy repository;

• Provide process assurance on key business areas identified on an ad hoc basis within OMFIN;

• Ensure high quality and timely reporting on above functions to various OMFIN platforms.

• Prepare reports and present feedback on all risk and governance matters in monthly business forums, OMFIN Executive Committee (Exco), as required from time to time;

• Prepare the necessary risk reports to the OMHN Group Risk and Compliance Manager for onward reporting to Old Mutual Namibia Exco and/or the OMHN Board or its subsidiaries and/or other group functions; and

• Perform other ad hoc tasks relating to risk and assurance as is required from time to time in OMFIN.

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