Lets Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

To lead Old Mutual Namibia’s corporate governance, enterprise risk management and compliance functions, protecting the business and its stakeholders by embedding a strong risk culture, sound governance, and compliance with the Namibian legal and regulatory environment. The role advises the Chief Executive, the Executive Committee and the Audit, Risk and Compliance Committee, and enables the business to pursue its strategy within an agreed risk appetite.

Key Performance Areas

1. Risk Strategy and Framework

• Set the risk and compliance strategy and policy, aligned to Old Mutual Namibia’s business strategy and the needs of the business.
• Define the risk profiles of the business and lead the formulation of the risk appetite statement and risk limits and metrics, in agreement with the Executive Committee and in collaboration with risk owners.
• Recommend and implement a business-wide enterprise risk management framework, including the compliance and combined assurance frameworks, for identifying, assessing, managing, monitoring and reporting all enterprise risks.
• Develop or customise the risk policies, guidance and procedures to be applied across the business, and oversee their adoption by the appropriate governance and oversight bodies.

2. Risk Oversight, Assurance and Reporting

• Identify risks across the business, monitor management’s responses and mitigating actions, and track progress in managing risks to within target ranges.
• Oversee risk and compliance management activities and ensure that Group Risk Policy statements are met.
• Provide risk advice on emerging risk reviews, stress testing and scenario analysis.
• Provide constructive challenge to the risk and compliance information received from reporting entities before it is reported to governance committees.
• Provide assurance to management and the Board, through assurance activities and conformance tests, on the status of the risk and control environment, and recommend enhancements.
• Promote reporting structures that meet the information needs of the Chief Executive and the Executive Committee, including risk aggregation and concentration of risk exposure.
• Oversee monthly tracking of changes in the risk and control environment and attest, through reports, to the Audit, Risk and Compliance Committee and to Old Mutual Africa Regions and the wider Old Mutual Group.

3. Compliance and Regulatory Management

• Ensure that Old Mutual Namibia complies with the requirements of the Namibian legal and regulatory environment.
• Manage regulatory compliance risk, including anti-money laundering, market conduct and privacy risks.
• Translate legislative and regulatory issues, and the impact of new legislation, into clear guidance for the business.
• Implement a regulatory engagement strategy and maintain cordial, professional relationships with the company’s regulators.

4. Corporate Governance

• Provide guidance to the Audit, Risk and Compliance Committee and the Executive Committee on risk, compliance and governance matters, including overall leadership vision and direction.
• Ensure that governance frameworks, policies and delegations of authority align with applicable codes, legislation and Group governance standards, and that adherence is monitored.
• Act as the primary advisor to the Executive Committee on risk, compliance and governance matters.

• 5. Risk Culture and Thought Leadership
• Provide risk and compliance thought leadership on key themes and emerging trends.
• Design and facilitate ongoing risk and compliance awareness and training programmes, up to Board level, to embed a strong risk culture.

6. People Leadership

• Take accountability for managerial work, including selection, performance management and talent management of Risk and Compliance personnel.

• Provide in-country administrative management of the Group Forensic Services function, where applicable.

Minimum Requirements

• Namibian citizen.

• Bachelor’s degree (NQF Level 7) in Finance, Accounting, Commerce, Actuarial, Risk Management, Law or a related field.

• A Master’s degree (NQF Level 9) will be advantageous.

• Professional qualifications or certifications in risk management or compliance will be an added advantage.

• A minimum of 10 to 12 years’ experience in the financial services environment.

• At least five (5) years’ experience at senior management or executive level.

• Experience in risk management and compliance, or related and overlapping fields.

Skills and Competencies

• Ability to build positive working relationships with internal and external stakeholders, including regulators.
• High business acumen and technical knowledge.
• Results orientated.
• Sound decision making and critical thinking.
• Ability to maintain strategic focus in a busy, high-performance environment.
• Ability to listen and integrate information.
• Ability to gain commitment and align performance for success.

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Skills

Adaptive Thinking, Business Requirements Analysis, Change Management, Current State Assessment, Data Compilation, Executing Plans, Oral Communications, Policies & Procedures, Policy Development, Presenting Solutions, Professional Presentation, Readiness Assessments, Strategic Planning

Competencies

Balances Stakeholders

Builds Effective Teams

Builds Networks

Business Insight

Collaborates

Communicates Effectively

Drives Vision and Purpose

Ensures Accountability

Education

NQF Level 9 – Masters

Closing Date

11 November 2026 , 23:59

The Old Mutual Story!