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Job Description

Individually accountable for establishing a compliance framework; including Risk Management and Monitoring plan. Embeds compliance, directly and/or through staff supervised over periods of 3 months to a year. Initiates and facilitates corrective action where required

Job Specification

• Support Management with the implementation of the Old Mutual Limited Group Compliance Framework
• Assist Management in overseeing, monitoring and guiding of Old Mutual Namibia (OMNAM) Business Units (BU) to ensure the BU meets its legal and regulatory obligations, including emerging laws and regulations and the impact of such on the OMNAM BU and 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 the OMNAM BU), 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 Plans for OMNAM BUs
• Ensure accurate reporting and escalation of any regulatory compliance breaches or exposures to OMNAM BUs, as well as monitor regulatory control remediations against agreed Management Actions and due dates
• Provide advice, develop and/or update the OMNAM Employee Training and Development Framework and set of training material and provide training for the BUs, Functional Units (FU) and Old Mutual Holdings (Namibia) (Proprietary) Limited (OMHN) entities with respect to all relevant legislation, industry changes or amendments thereto, inclusive of general communications as required from time to time
• Cooperating with regulatory requests for information, reviews, audits and investigations
• Review and provide guidance to Management and oversight over implementation of the OMHN Anti-Money Laundering and Counter Terrorist and Proliferation Financing Risk Management Compliance Program (AML CTPF RMCP), inclusive of controls and procedures to mitigate Money Laundering, Terrorist Financing and Proliferation Financing Risks
• Assist Management to perform Business and Product Risk Assessments as required by the OMHN AML CTPF RMCP
• Prepare and present feedback on all Regulatory Compliance matters monthly at BU and FU forums, OMNAM Executive Committee (Exco), as required from time to time
• Submit the necessary regulatory/compliance reports to the OMHN Group Compliance Manager for onward reporting to OMNAM Exco, BU/FU Management and the OMHN Board, and its subsidiary Boards

QUALIFICATIONS & EXPERIENCE

• Namibian citizenship
• LL.B or B.Com degree or relevant equivalent qualification as a minimum mandatory requirement
• 3 – 5 years relevant experience
• Admission as a Compliance Practitioner with a relevant recognised association 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
• A team player

The company ONLY accept applications via their career portal. Interested candidates can apply via the link below:

Apply online via: Old Mutual Career Portal

Closing Date: 26 November 2025