Fresh Jobs at Old Mutual Kenya

Job Description

Reporting to the Chief Risk Officer, the purpose of OM Group Compliance is to establish and maintain mechanisms and systems of internal control to assist the OM Board of Directors and Managing Executives in meeting legal, regulatory and supervisory obligations and to promote and sustain a sound compliance culture. This includes ensuring legal and regulatory compliance implications are integrated into material strategic, financial and operational decisions. It is the responsibility of the OM Group Compliance Manager to assign clear ownership for the oversight of different categories of regulatory compliance risks facing the OM Group.

KEY TASKS AND RESPONSIBILITIES

Specific OM Group Compliance and subsidiary Compliance Function responsibilities are to:

• Establish and maintain an effective regulatory compliance framework that includes a regulatory compliance strategy and appetite.
• Ensure an effective regulatory compliance management system is in place for identifying, assessing, monitoring, managing and reporting on material compliance-related risks to the business.
• Ensure the regulatory compliance management system addresses compliance-related risks on an enterprise-wide and individual operating entity basis and is embedded across the OM Group, particularly in all the regulated subsidiaries and the material operations.
• Implement and maintain compliance risk indicators and performance measures for monitoring the levels of compliance risk being incurred by the business in relation to the defined appetite limits.
• Implement and maintain adequate compliance governance structures including written policies, procedures, processes, systems and methodologies.  
• Oversee compliance control adequacy and effectiveness, mitigating management actions and exposure versus appetite limits and identify operating model deficiencies and capability gaps.
• Meet regulatory obligations applicable to the function and be aware of key issues and concerns raised by regulators, while coordinating regulatory interaction where necessary. Oversee the timely submission of all regulatory applications and returns by the business.
• Advise the relevant Board and Managing Executives on compliance culture, the monitoring and measuring thereof and contribute to the development and maintenance of the desired culture, including embedding principles of 1st Line risk ownership and 2nd Line independence.
• Advise and challenge the relevant Board and Managing Executives from a compliance perspective on strategic decision making and business planning objectives to ensure they fully understand the implications of decisions being taken and possible mitigating actions to limit compliance exposures.
• Develop and implement an annual functional operational plan and advise the business on the design and implementation of compliance controls and related mitigation processes, projects and change programmes. The provision of such advice may not compromise the principles of 1st Line compliance ownership and 2nd Line independence.
• Ensure employees undergo training on regulatory compliance obligations and the OM Code of Ethics and have access to confidential mechanisms to report compliance and ethical breaches. 
• Report to the relevant Board and Managing Executives on: 
  • The compliance risks to the business and on material compliance issues, including the outcome of regulatory visits, control breaks, breaches and mitigating management actions.
  • The extent to which the business is ready to comply with new or emerging laws and regulations.
  • The level of progress with the delivery of the annual functional operational plan and the adequacy of resources for the Compliance Function.

SKILLS AND COMPETENCIES

• Interpersonal Skills
  • Ability to have a positive impact on the people around you
  • Is proactive and can anticipate the needs of those the role supports
  • Strong communication skills
  • Confident and assertive, able to garner the respect of others and influence change at the Executive level and throughout the firm
  • Excellent communication skills, both written and verbal and an ability to interact with all levels of management and staff throughout the organization
• Self-Leadership Skills
  • Ability to structure responsibilities, tasks, and project management to eliminate wasted time and efforts
  • Ability to manage multiple projects and competing priorities without missing deadlines
  • Maintains a high level of attention to detail and is highly organized
  • Can adapt to changing priorities and conditions throughout the day or week
  • Ability to respond calmly and maintain performance standards in a busy office setting
  • Ability to maintain high service standards and problem-solve effectively when faced with new challenges
  • Energetic and positive attitude with a willingness to learn
  • Self-motivated with a commitment to excellence and high-quality standards
• Leadership of Others
  • Effective teamwork planning
  • Effective coaching and training of the team
  • Rigorous team performance management

KNOWLEDGE AND EXPERIENCE

• 7+ years of hands-on regulatory compliance experience in the financial services industry with at least 3 years of experience being at management level
• Experience working in a large financial services group would be an added advantage
• Experience in designing, leading and implementing robust AML and Data Protection programs is essential

QUALIFICATIONS

• University degree is required
• Professional qualifications and/or certifications in AML and Data Privacy are required.

go to method of application »

JOB PURPOSE STATEMENT

Reporting to the Head of Finance & Strategy, the Manager, Strategy, Planning and Analysis is a critical leadership role responsible for driving the development, execution, and monitoring of strategic initiatives aligned with the organization's long-term goals. This individual will leverage deep domain expertise in financial services, technology and digital transformation, strong analytical skills, and business acumen to frame problems, uncover insights, and guide transformational change. They will play a key role in ensuring the organization maintains a competitive edge by aligning strategy with market trends and company objectives.

KEY RESPONSIBILITIES

Strategy Development

• Problem Framing: Define and structure complex business challenges to enable data driven decision-making and actionable outcomes.
• Hypothesis-Driven Problem Solving: Guide teams in employing structured approaches to identify solutions with measurable impact.
• Insights Synthesis: Develop strategic recommendations by linking findings to broader organizational objectives and priorities.
• Forecasting & Projections: Build reliable models and scenarios to support strategic planning and execution monitoring.
• Market Context Analysis: Correlate internal findings with external market dynamics, providing actionable advice to maintain or achieve competitive advantage.
• Opportunity Identification: Proactively identify opportunities for transformational change and capability building across commercial and corporate functions.
• Advisory Leadership: Advise senior leaders on strategic options and lead high-impact initiatives to drive business growth and innovation.

Mission Execution Monitoring

• Mission Refinement: Regularly assess and adjust mission priorities in response to evolving market conditions and strategic needs.
• Metrics & KPIs: Define and track key performance indicators to evaluate the success of mission execution efforts.
• Reporting & Updates: Lead the cadence of company-wide Mission Status Reviews, providing actionable insights and updates to senior leadership.
• Strategy Execution Expertise: Demonstrate a deep understanding of best practices in strategy development and execution.
• Data Analytics: Leverage business intelligence tools and platforms to generate insights, monitor performance, and inform decision-making related to mission execution.

Key performance indicators

• Timely Delivery of Strategic Plans: Percentage of strategic initiatives delivered on time and aligned with organizational goals.
• Quality of Strategic Recommendations: Senior leadership satisfaction score on strategic recommendations provided. 
• Impact of Strategies Implemented: Percentage of implemented strategies that achieve or exceed predefined business objectives. 
• Market Competitiveness: Number of actionable insights provided annually that enhance competitive positioning. 
• Market Trend Analysis: Frequency and quality of market/competitor analysis reports delivered. 
• Competitive Risk Identification: Number of identified risks and opportunities successfully mitigated or capitalized on.

Key Attributes

• Analytical thinker with a proactive and forward-looking mindset.
• Highly analytical and meticulous, with a focus on delivering measurable outcomes.
• Adaptable to changing market dynamics and organizational priorities.
• Strong people skills and the ability to build trust with senior leaders and team members.

Qualifications

• Bachelor’s degree in business, Economics, Statistics or a related field
• 10+ years of experience in financial services, management consulting or corporate strategic planning.
• Strong understanding and proven experience in strategy development and execution.
• Strong problem-solving skills with expertise in hypothesis-driven approaches and data analytics.
• Demonstrated ability to synthesize complex information into actionable insights and communicate effectively with stakeholders.
• Advanced knowledge of market analysis, competitor benchmarking, and forecasting methodologies.
• Proficiency in business intelligence tools and platforms for data-driven decision-making.
• Strong leadership and stakeholder management skills, with the ability to guide teams and influence cross-functional collaboration.
• Exceptional communication skills, including the ability to present findings and recommendations to senior executives.
• Experience in working effectively to very tight deadlines
• Enables employees to translate vision into action and creates an environment in which people feel valued, motivated and challenged.

18 February 2025 , 23:59