Current Vacancies at Old Mutual Nigeria, 15th July, 2018
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 Title: Risk and Compliance Officer
Ref: 1107/NIGE/EU/Risk and Compliance officer (contract)/Nigeria/140718
Location: Nigeria
Contract: Temporary / Contract
Available: ASAP
Category: Insurance
Offer: Market Related
Introduction
- This role is individually accountable for supporting the team in establishing and embedding compliance through own efforts, as well as supporting the team in facilitating corrective action where required.
- He or she will work under direct supervision.
Description
- Assists in mitigation of compliance risk.
- 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.
- Provides relevant support to the Corporate Governance team as required by the department head
Key Result Areas
Compliance:
- Assists in 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.
- Supports the Chief Compliance Officer with the effective co-ordination and execution of compliance monitoring exercises
- Reviews relevant laws and monitors the regulatory universe
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 days
- Makes increased contributions by broadening individual skills.
- Collaborates effectively with others to achieve personal goals.
- Accepts and lives the company values.
Minimum Requirement
Interested and qualified candidates should:
Click here to apply
Job Title: Head of Corporate Governance
REF: 1108/NIGE/EU/Head of Corporate Governance/Nigeria/140718
Location: Nigeria
Contract: Permanent
Available: ASAP
Category: Insurance
Offer: Market Related
Introduction
- This role manages risk & compliance processes and structures for all Old Mutual Nigeria businesses , providing legal advice as required through others.
- It is also individually accountable for promoting the development of reporting structures to meet information requirements of the CEO & EXCO of all Old Mutual Nigeria businesses and also for risk aggregation & concentration of risk exposure in OMN.
Description
- Establishes & embeds compliance across the business unit by analysing the impact of applicable legislation and regulation and applying this to business processes and procedures.
- Ensures compliance by the business unit with applicable legislation by means of the implementation of compliance risk management & monitoring plans.
- Reports compliance breaches to business unit management.
- Facilitates, & in appropriate circumstances partakes in, remedial actions developed by the business unit to help eliminate non-compliance with legislation & regulation.
- Represents Old Mutual Nigeria businesses on litigation matters OMGICN & OMNILAC).
- Accumulates all pertinent facts, identifies relevant issues, researches applicable legal principles & applies them to the facts.
- Provides legal opinions/comments on legislation.
- Drafts contracts.
- Provides company secretarial, corporate governance & administrative services to OMN Group. Ensures that Corporate Governance guidelines & Companies Act requirements are adhered to.
- Reports to the Group CEO, Old Mutual West Africa
Key Result Areas
Company Secretarial Services:
- Provides company secretarial, corporate governance & administrative services to the Old Mutual Group in Nigeria through other managers and their teams.
Reporting:
- Promotes development of reporting structures for risk aggregation & concentration of risk exposure.
- Ensures risk aggregation reports and management risk self-assessment results are produced and provided.
Risk Management:
- Develops, communicates & assists in implementation of Enterprise Risk management policy, supporting guidance & procedures.
- Provides oversight for risk management activities, ensuring Group Risk Policy statements are met through other managers and their teams.
- Provides challenges to risk management information received from reporting entities through other managers and their teams.
- Drives operational excellence throughout the area of supervision.
- Defines and implements risk best operating practice.
- Defines performance parameters (incl. balanced scorecard) and measurements for area under supervision.
Compliance:
- Establishes & embeds compliance across the business unit by analyzing the impact of applicable legislation and regulation and applying this to business processes and procedures.
- Ensures that Corporate Governance guidelines & Companies Act requirements are adhered to.
- Ensures compliance by the business unit with applicable legislation by means of the implementation of compliance risk management & monitoring plans.
- Reports compliance breaches to business unit management.
- Facilitates, & in appropriate circumstances partakes in, remedial actions developed by the business unit to help eliminate non compliance with legislation & regulation.
Legal Advice:
- Represents company on litigation matters.
- Accumulates all pertinent facts, identifies relevant issues, researches applicable legal principles & applies them to the facts.
- Provides legal opinions/comments on legislation.
- Drafts contracts.
Team Effectiveness:
- Contributes to the talent management process, developmental interventions and on-the job-coaching.
- Individually accountable for staff time, tasks and output quality, over periods of 3 months to a year.
- Balances own priorities with directing and motivating others.
- Plans & assigns work over periods of 3 months to a year.
- Guides and directs staff to achieve operational excellence standards.
- Creates a climate for optimal performance.
- Manages performance.
- Selects potential staff to sustain customer/client service delivery.
Requirements, Qualifications and Experience
- Bachelor's degree in Law
- Master's degree an advantage
- Very Good knowledge of the Companies Act, NAICOM (Local regulators’) policies, Corporate Governance policies and Compliance Laws.
- Working knowledge of tax laws
- A minimum of 12 years’ work experience
- Experience in management of team.
Interested and qualified candidates should:
Click here to apply
Application Deadline 28th July, 2018.