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: Head of Compliance
Ref No: JR-36758
Location: Lagos
Job Type: Full time
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.
Application Closing Date
17th March, 2023.
https://www.hotnigerianjobs.com/hotjobs/508587/head-of-compliance-at-old-mutual-nigeria.html