Head of Compliance at Old Mutual Plc

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
62418
Job Views
117

Job Description



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


Descriptor



  • 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.

  • Reports to the Senior CO (in functional area), or, if responsible for compliance in a less complex business unit, reports to business head with strategic direction from Compliance Executive.

  • Influence is limited to specific assigned functional area or less complex BU.

  • Utilises limited legislation, and impact of legislation on the BU/functional area is limited.


Key Result Areas


Compliance:



  • Ensures compliance within area by implementation of compliance risk management and monitoring plan, as well as through staff supervised, over periods of up to 3 months.

  • Reports on compliance breaches to line management and Senior Compliance Officer/Compliance Executive.

  • Facilitates resolution of compliance breaches.

  • Assists in mitigation of compliance risk.

  • Assists in mitigation of compliance risk.

  • Utilises limited legislation and in all probability, the impact of the legislation on the business unit/functional area is limited.

  • Assists the GM Finance / Risk Executive with the effective co-ordination and execution of the quarterly audit, risk and compliance for the segment.

  • Challenges and escalates (within the defined escalation framework) where deemed appropriate.


Personal Effectiveness:



  • Accountable for service delivery through own efforts.

  • Individually accountable for managing own time, tasks and output quality for periods of up to 3 months.

  • Makes increased contributions by broadening individual skills.

  • Collaborates effectively with others to achieve personal goals.

  • Accepts and lives the company values.


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