Job Vacancy: Head of Compliance Job at Old Mutual Nigeria

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Job Vacancy: Job title: Head of Compliance Job at Old Mutual Nigeria

Job description: Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients’ circumstances.

We are recruiting to fill the position below:

Job Position: Head of Compliance

Job Requisition ID: JR-36758

Job Location: Lagos

Job Type: Full-time

Job Description

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• 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.
• Establishes and embeds compliance in area of responsibility.
• 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.
• 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.
• 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.
• Assists in mitigation of compliance risk.
• Facilitates resolution of compliance breaches.
• 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.

Location: Nigeria

Job date: Sun, 16 Jul 2023 23:20:53 GMT

Apply for the job now!