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OLoldmutual logo

oldmutual

Windhoek, Namibia

Compliance Specialist: OMSIC.

FINANCE & LEGAL
Lets Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description Establishes and embeds compliance in area of responsibility. Ensures compliance within area by implementation of compliance risk management and monitoring plan. Reports on compliance breaches to line management and Senior Compliance Officer/Compliance Executive. Facilitates resolution of compliance breaches. Assists in mitigation of compliance risk. Utilises limited legislation, and impact of legislation on the BU/functional area is limited." Minimum Requirements. • Namibian citizen; • LL.B or B.Com degree or equivalent qualification as a minimum mandatory requirement; • 3 – 4 years relevant experience in compliance ideally in the financial services industry; • Admission as a Compliance Practitioner with a relevant recognised association or relevant financial services 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. Job Specification: • Support Management with the implementation of the Old Mutual Limited Group Compliance Framework; • Assist Management in overseeing, monitoring and guiding OMSIC to ensure it meets its legal and regulatory obligations, including emerging laws and regulations and the impact of such on OMSIC and its required implementation; • Promote and sustain a strong Culture of Compliance; • Provide inputs and express independent opinions on the adequacy and effectiveness of regulatory controls (including efficiency and effectiveness of the systems implemented to manage regulatory compliance matters within OMSIC), as well as the overall internal regulatory control environment in accordance with the Old Mutual Limited Group Compliance Monitoring and Assurance Methodology and the Annual Compliance Plan; • Maintain the regulatory universe and related Compliance Risk Management Plan for OMSIC; • Ensure accurate reporting and escalation of any regulatory compliance breaches or exposures, as well as monitor regulatory control remediations against agreed Management Actions and due dates; • Provide advice, develop and/or update the Old Mutual Namibia (OMNAM) Employee Training and Development Framework and set of training material and provide training for OMSIC, with respect to all relevant legislation, industry changes or amendments thereto, inclusive of general communications as required from time to time; • Cooperating and assist with regulatory requests for information, reviews, audits and investigations; • Prepare and present feedback on all Regulatory Compliance matters in monthly business forums, OMSIC Executive Committee (Exco), as required from time to time; and • Prepare the necessary regulatory/compliance reports to the OMHN Group Risk and Compliance Manager for onward reporting to OMNAM Exco and/or the OMHN Board or its subsidiaries and/or other group functions. na Skills Compliance Software, Data Compilation, Engineering Standards, Legal Practices, Management Reporting, Oral Communications, Policies & Procedures, Presenting Solutions, Professional Presentation, QA Methodologies, Regulatory Compliance Management, Requirements Development Competencies Action Oriented Balances Stakeholders Financial Acumen Instills Trust Interpersonal Savvy Manages Complexity Optimizes Work Processes Persuades Education NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent Closing Date 20 November 2026 , 23:59 The Old Mutual Story! 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 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.
Pay
Not stated
Where
Windhoek, Namibia
Work
Not stated
Type
Not stated
Posted
6 Nov, 2026
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