Job Detail

Risk and Compliance Officer - Old Mutual

Date Posted: Sep 20, 2021
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Job Detail

  • Location:
    Accra, Greater Accra, Ghana
  • Company:
  • Type:
    Full Time/Permanent
  • Shift:
  • Career Level:
    Entry Level
  • Positions:
  • Experience:
    2 Year
  • Gender:
    No Preference
  • Degree:
    Degree
  • Apply Before:
    Oct 20, 2021

Job Description

Duties and Responsibilities

  • Ensures risk processes (Risk assessment, identification, management, reporting, and optimization) are occurring at the BU level
  • Challenges risk management information received from reporting entities
  • Monitoring top and emerging risks as well as putting in place management actions to mitigate the same
  • Provides knowledge of systems/supporting guidance, procedures and assists the business in the implementation of risk issues
  • Provides oversight for risk management activities ensuring Group Risk Policy statements are met
  • Rolls out policies and ensures all  policies are complied with
  • Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures
  • Ensures monthly risk control logs are updated and follows up with various Line Managers
  • Establishes and embeds compliance across the various entities within the business.
  • Ensures compliance within the area by implementation of compliance risk management and monitoring plans
  • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem
  • Interacts with senior management on compliance and legislative developments that may influence the company's direction.
  • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non-compliance with legislation and regulation
  • Manages  relationships with various stakeholders

    Competencies

    • Innovation
    • Business Awareness
    • Technical Knowledge
    • Execution
    • Initiating Action
    • Decision Making

    Qualifications and Experience

    • A minimum of a Bachelor’s degree (from an accredited university) in Actuarial science, Mathematics/Statistics, Risk Management, Law, or related field.
    • 2-3  years experience in Risk, Legal, compliance and audit and /or enterprise risk management function
    • Working Knowledge of Life Insurance business

      Disclaimer

      • Do not pay any fee to any Recruiter.
      • The Recruiter may amend, delete or expire jobs at any time without notification.
      • The Recruiter reserves the right not to proceed with filling the position.
      • An application will not in itself entitle the applicant to an interview.

Company Overview

Accra, Greater Accra, Ghana

Old Mutual has been operating in Ghana since 2013, having acquired a majority stake in Provident Life Assurance. One year later, the business has fully rebranded and is now operating as Old Mutual Life Assurance Company (Ghana) Limited. Old Mutual Gh... Read More

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