OLD MUTUAL BOTSWANA EMPLOYMENT

RISK AND COMPLIANCE SPECIALIST
PERMANENT POSITION, GABORONE, BOTSWANA

JOB DESCRIPTION
This role which reports to the Managing Director, is accountable for establishing and embedding a culture of compliance as well as ensuring that risk processes are implemented.

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 Business Unit (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.
• 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.

Requirements

COMPETENCE REQUIREMENTS

• Leading with influence
• Innovation (Perspective)
• Execution
• Customer First
• Personal Mastery (Learning)
• Collaboration (relating)
• Strategic

EDUCATIONAL REQUIREMENTS

• Bachelor’s degree in any field though a degree and/or qualifications in risk and compliance will be advantageous
• Diploma in Insurance i.e. AIISA or equivalent.

Company profile

Old Mutual Life Insurance Company (Botswana) (Pty) Ltd, (Old Mutual Life), provides long term group risk insurance solutions. Our group vision is to become our customers’ most trusted partner - passionate about helping them achieve their lifetime financial goals. Our target clients range from the public sector, large and medium sized companies, small businesses, unions and other affinity groups and intermediaries who are licensed to sell our products. Old Mutual Life is based in Gaborone.

Closing date and application instructions

Please submit applications and CVs with subject RISK AND COMPLIANCE SPECIALIST to contactus@oldmutual.co.bw by Friday 31 January 2017.

Only shortlisted candidates will be contacted, all applicants who have not received feedback by 6th February 2017 please consider yourapplication not successful