OMF IT Risk Officer needed at Old Mutual

Job Description

• Assists business unit management to develop their risk management strategy & policy in accordance with the Audit Risk & Compliance Committee’s approved risk appetite & segment requirements.
• Manages implementation of Policy Statements, supporting guidance & procedures within area of responsibility. Ensures that risk processes (risk assessment, identification, management, reporting & optimisation) are implemented at business unit level.

Responsibilities

Financial Management and Control

• Develop and/or deliver a plan for significant aspects of the financial management and/or control process.

Data Collection and Analysis

• Make authoritative recommendations that have a significant impact on the business over the short and long term. Recommendations could be technical or professional in nature.

Policies and Procedures Development

• Draft policies, procedures, and related guidelines within an area of expertise to meet defined key principles and ensure compliance with external requirements.

Organizational Risk Management

• Develop and/or deliver a contingency plan for significant aspects of the risk management and/or risk control processes.

Risk Scenario Modeling

• Analyze, assess, and quantify the risks associated with products, individual applications, business activities, and the market to determine whether any risk is within the agreed risk appetite. Undertake tactical risk modeling.

Recommendations

• Recommend changes to policies, processes, standards, and practices that would improve operational support.

Insights and Reporting

• Contribute to the design and creation of reporting strategies and templates. Lead execution of complex reports, identifying and interpreting complex patterns and trends, and translating those insights into actionable recommendations.

Document Preparation

• Write and edit material for various target populations, tailoring the tone and content to match the needs and expectations of each audience.

Operational Compliance

• Monitor and review performance and behaviors within area of responsibility to identify and resolve noncompliance with the organization’s policies and relevant regulatory codes and codes of conduct.

Personal Capability Building

• Act as subject matter expert in an area of technology, policy, regulation, or operational management for the team. Maintain external accreditations and in-depth understanding of current and emerging external regulation and industry best practices through continuing professional development, attending conferences, and reading specialist media.

Minimum Requirements

• Degree/honours, possibly a professional qualification in legal, audit / accounting. 
• A minimum of 6-8 years relevant experience.

Skills

Competencies

• Business Insight
• Courage
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity
• Optimizes Work Processes

Closing Date

• 25 November 2025