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Risk and Compliance Officers: Old Mutual plc Jobs in Kenya

Old Mutual plc is a leading international long-term savings Group. The Group provides life assurance, asset management, banking and general insurance in Europe, the America*, Africa and Asia. Old Mutual plc is listed on die London Stock Exchange and the JSE, among others.In the year ended 31 December 2008, the Group reported adjusted operating profit of £1.0 billion (on an IFRS basis) and had £265 billion of funds under management at the year end.

The Group has over 57,000 employees globally and operates in 40 countries. Currently in Kenya, the group operates under three legal entities namely Old Mutual Life assurance Company limited (OMLAC), Old Mutual Asset Managers Limited (OMAM) and Old Mutual Investment services Limited (OMIS).As part of our expansion program, we are inviting applications for the position of Risk and Compliance Officers, in our Risk and Compliance department.

Purpose of the position

To proactively implement, assess, mitigate and review the Company's risk and compliance policies.

Duties and responsibilities

· Implement the company's risk management framework by providing oversight for risk management activities across the business. This is through identification and assessment of risks, developing plans for controlling/mitigating identified risks and reporting through the existing escalation channels,
· Ensures compliance with all applicable legislations through the implementation of compliance risk management and monitoring plans
· Support internal audit process by way of risk assessments and follow up of audit findings.
· Develop, implement and monitor certain in-house policies


Minimum qualifications, skills and abilities

· Business related degree and any of the following qualifications : CPA/ACCA/CFA/ACII/FIA/FFA
· At least 3 years management experience in the financial services industry in any of the following areas: Risk, Actuarial, investment management, Audit, Compliance and Treasury.
· An understanding of the laws governing the financial services industry.
· The ability to understand the big picture in which the business is operating and the inter-play between the different components. This includes an understanding of commercial and financial principles.
· Excellent communication, organisation and project management skills.

Interested candidates who meet the specified minimum requirements should submit their applications, detailed CV, including three referees and a day time telephone contact to the following E-mail address: hr @ oldmutualkenya.com, by close of business on 26th February 2010.

Only shortlisted candidates will be contacted.

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