Summary
Date Posted: Thursday, May 26, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
This role is individually accountable for assisting the BU in establishing and embedding a culture of compliance as well as ensuring that risk processes are implemented at BU level. The individually is accountable for achieving results through own efforts over periods of up to 3 months

Roles and Duties
• Challenges risk management information received from reporting entities
• Ensures risk processes (risk assessment, identification, management, reporting and optimization) are occurring at BU level
• Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues
• Provides oversight for risk management activities ensuring Group Risk Policy statements are met
• Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures
• Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans
• Ensures monthly risk control logs are updated and follows up with various Line Managers
• Performs quarterly compliance audits on processes
• Performs monthly quality assurance audits on claims processes
• Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem
• Reports compliance breaches to management on a monthly/quarterly basis
• Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation

Skills and Education
• Accountable, Auditing, Audits Compliance, Compliance Risk Management, People Management, Risk Compliance, Risk Control, Risk Management, Standard Operating Procedures (SOPs)
• Bachelors Degree (B): Accounting Finance (Required)

Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure
To apply follow this link https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/job/Dar-Es-Salaam/Risk---Compliance-Officer--OMAO-_JR-24473/apply 

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