First-Line Risk & Compliance Leader

Old Mutual Limited; Cape Town; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Old Mutual Limited is seeking a Risk and Compliance Manager to design, implement and manage Symmetry's risk and compliance function. This role reports to the Head of GLRC and drives FAIS, AML, privacy and third-party risk across the business.

It acts in the first line, coordinating with second line risk and compliance within the group framework. The role involves owning the risk framework, monitoring plans, incident management and regulator engagement, with clear written reporting to governance

Qualifications

• Law degree or BCom with strong regulatory background (minimum NQF 7).
• 7+ years in financial services with risk management and regulatory compliance roles.
• Experience supervising teams or projects.
• Proven ability to design and embed a risk management framework.
• Experience implementing a risk-based compliance monitoring plan.
• Advanced knowledge of FAIS, CISCA, FICA and POPIA regulations.
• Strong written communication and reporting to senior stakeholders.

Responsibilities

• Own the first line risk management framework and control self-assessment processes.
• Lead risk and control assessments and maintain the Risk and Control Matrix.
• Oversee risk incidents end-to-end and ensure remedial actions are closed.
• Define and monitor key risk indicators and escalate early.
• Oversee third-party risk management with outsourced providers.
• Design and maintain the compliance function mapping FAIS/CISCA/FICA/POPIA to processes.
• Prepare risk and compliance reporting to governance forums.

Skills

Regulatory compliance

Leadership

Risk management framework

FAIS/CISCA/FICA/POPIA knowledge

Policy governance

Stakeholder engagement

Education

Law degree or BCom with regulatory background

Job description

Old Mutual Limited is seeking a Risk and Compliance Manager to design, implement and manage Symmetry's risk and compliance function. This role reports to the Head of GLRC and drives FAIS, AML, privacy and third-party risk across the business.

It acts in the first line, coordinating with second line risk and compliance within the group framework. The role involves owning the risk framework, monitoring plans, incident management and regulator engagement, with clear written reporting to governance