
Website Old Mutual
Job Description:
Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
Job Responsibilities:
- Advise Line 1 management on developing processes and controls to manage risks.
- Challenge management where deemed appropriate and express an opinion on business unit risk and internal control environment.
- Support Line 1 management to complete annual and quarterly risk processes.
- 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 prioritisation of management actions to remediate control weaknesses.
- Assists Line 1 management to rollout the risk management strategy & risk policies as per the OML requirements.
- Provides support to business unit management in carrying out risk-related responsibilities and influence risk based decision making
- 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.
- Ensures that risk management processes (identify, measure, respond, monitor and report risk) are implemented at business unit level.
Job Requirements:
- Organised, reliable and responsive within a fast paced environment
- Meticulous attention to detail
- Strong analytical and problem solving skills
- 3- 5 years relevant industry experience within the financial services sector will be beneficial
- Strong organising and execution ability
- 6-8 years relevant work experience
- Proactive, confident and resilient
- 4 year degree/honours, possibly a professional qualification in legal, audit / accounting or similar arena
Job Details:
Company: Old Mutual
Vacancy Type: Full Time
Job Functions: N/A
Job Location: Pinelands, Western Cape, SA
Application Deadline: N/A
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