Due Diligence Consultant – 6 months contract needed at Old Mutual

Role overview

• This role will be responsible for third party due diligence investigations to assess and report on risks in relation to Old Mutual policies and to meet regulatory compliance e.g. Anti-Money Laundering and Anti-bribery and Corruption policies/legislation, reputational risk assessments.  The incumbent will assess and report the status, legitimacy and overall reputation of a company, its principles and/or associated individuals.

Key Result Areas

Reduced reputational risk: 

• Focus is primarily on high and medium risk reviews.

Delivered client service:

• Conduct due diligence investigations on individuals, business entities and associated entities, by following the due diligence assessment process. This entails conducting research and sourcing information utilizing a number of internal databases and third party systems.
• Draft due diligence reports by consolidating and collating analyzed information, highlighting potential risks/red flags and making recommendations to senior management.
• Ensure governance and compliance standards are met by recording due diligence assessment outcomes on the case management systems for future reference.
• Prevent potential risks by processing, analyzing and highlighting risk information to stakeholders.
• Highlight system and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders.
• Provide forensic investigation support by obtaining and verifying information that could assist forensic consultants in their investigations.

Requirements: Skills, Qualifications, Experience required 

• Grade 12
• BCom degree or relevant
• A minimum of 3 years’ relevant experience in a financial services/ insurance environment (insurers and/or banks).
• Good knowledge of the financial services industry and types of products, as well as an understanding of typical performance and risk measures.
• Experience in research methodology, anti-money laundering and anti-bribery and corruption investigations.
• Ability to analyze and interpret financial / transactional data in order to identify typical financial crime typologies / red flags.
• Requires excellent report writing skills.
• Financial risk management / oversight experience would be a distinct advantage.
• Experience in conducting financial health assessments would be advantageous.

Competencies:

• Excellent verbal and written communication skills.
• The ability to perform under pressure, related to both time and consequence.
• The ability to interact and work with different teams across a diverse front.
• Strong forward-thinking and analytical skills.
• Pragmatic and numerate.
• Logical thought processes and critical thinking skills resulting in sound judgment.
• Decision-making abilities

Education

• Bachelor of Commerce (BCom)