Jobs at Old Mutual Botswana , Sep 2015

Old Mutual Short-Term Insurance (Botswana) is looking for a Risk & Compliance Officer to fill the vacant post in their Botswana Office.

Risk & Compliance Officer

This role is accountable for assisting the Business Unit in establishing and embedding a culture of compliance as well as ensuring that risk processes are implemented at Business Unit level. The position will be based in our Gaborone office.

Requirements

Key Performance Areas

• Challenges risk management information received from reporting entities or departments.
• Ensures risk processes (risk assessment identification management reporting and optimization) are occurring at BU level.
• Provides knowledge of systems/supporting guidance procedures and assists the business in implementation of risk issues.
• Provides oversight for risk management activities in terms of ensuring that Group Risk Policy statements are met.
• Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures.
• Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans.
• Ensures monthly risk control logs are updated and follows up with various Line Managers.
• Performs quarterly compliance audits on processes.
• Performs monthly quality assurance audits on high risk claims processes.
• Acts on complaints from various sources.
• Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.
• Reports compliance breaches to management on a monthly/quarterly basis.
• Facilitates and in appropriate circumstances partakes in remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation.

Qualifications
Tertiary qualification (B Com, Diploma Internal Audit or Risk Management). 2 years’ experience in Risk Management or similar. Financial services experience an added advantage.

Company profile

Old Mutual Short-Term Insurance (Botswana) Ltd provides short term insurance for corporate, commercial as well as personal risks. We also have strong capabilities in the specialist classes of engineering, marine and liability risks. The Company operates through its three offices in Gaborone, Francistown and Maun.

Closing date and application instructions

Interested?

Only emailed applications will be entertained addressed to HR Business Partner at - contactus@oldmutual.co.bw

Closing date is 25th October 2015