Regulatory Compliance Officer

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Job Description
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The Regulatory Compliance Officer Fixed Term Contact position will support the Old Mutual Investments Regulatory Compliance Team by servicing the Financial Services Providers (FSPs) and Accountable Institutions within Old Mutual Investments. Responsibilities include assisting with the identification, evaluation, and management of regulatory compliance risks relevant to these entities. The role involves contributing to the design, implementation, and integration of compliance frameworks and controls appropriate to these entities. A thorough knowledge of sector-specific regulatory obligations, industry practices, and the ability to incorporate compliance requirements into business processes are necessary for this position.

Please note that this is a Fixed Term 1 Year Contract Position ***
Regulatory Change Monitoring and Impact Assessment

• Continuously monitor, analyze, and interpret new and evolving local and international regulations applicable to FSPs and Accountable Institutions, including but not limited to FAIS, FICA, CISCA, FSCA requirements, and globally recognized standards.
• Engage directly with business unit stakeholders and representatives within Old Mutual Investments to assess the operational and strategic impact of such regulatory changes.
• Facilitate gap analyses and recommend amendments to internal policies, procedures, and controls to ensure ongoing compliance for all group entities.

Compliance Advisory

• Provide tailored advice and practical guidance to FSPs, Accountable Institutions, and other business units regarding the interpretation and application of relevant legislation and regulatory expectations.
• Partner with teams across Old Mutual Investments to support the compliant development and launch of new financial products, services, and/or processes.
• Act as a trusted point of contact for technical regulatory queries, representing the compliance function in cross-functional initiatives and forums.

Policy and Process Development

• Lead or support the drafting, review, and enhancement of compliance policies, procedures, and codes of conduct to reflect changes in the regulatory landscape affecting FSPs and Accountable Institutions.
• Develop and deliver focused compliance training and awareness initiatives for staff across various affiliates, fostering a strong compliance culture at all organizational levels.

Compliance Monitoring and Reporting

• Design and execute targeted compliance monitoring plans, thematic reviews, and control testing activities for FSPs and Accountable Institutions, ensuring consistency with both regulatory requirements and Old Mutual group policies.
• Document results, track implementation of corrective actions, and prepare comprehensive reports for senior management, risk committees, and, where required, regulatory bodies.

Risk Assessment and Incident Management

• Facilitate the systematic identification, assessment, and escalation of compliance risks and breaches specific to FSPs and Accountable Institutions.
• Assist in the investigation and root cause analysis of compliance incidents, developing and monitoring robust remediation plans to address underlying issues and prevent recurrence.

Regulator Interaction and External Audit Support

• Coordinate and support the preparation of regulatory submissions and responses to information requests from regulators relevant to FSPs and Accountable Institutions.
• Work alongside internal and external audit teams during compliance audits, gathering supporting evidence, presenting findings, and facilitating the remediation of any identified gaps.

Requirements: Skills, Qualifications and Experience required

Qualifications

• Bachelor's degree in Law, Commerce, Finance, or a related field is required.
• Relevant postgraduate qualifications in compliance, risk management, or financial regulation (such as a Compliance Management Certificate) will be highly regarded.

Experience

• A minimum of 1–5 years' experience in a regulatory compliance, legal, or risk management role within the financial services industry, preferably with exposure to FSPs and Accountable Institutions.
• Demonstrated capability in interpreting and embedding complex regulatory requirements within a multi-entity group structure.
• Previous experience engaging with regulatory authorities, preparing submissions, and responding to audits or inspections is advantageous.
• Recent graduates and admitted attorneys with a strong interest in pursuing a career in risk and compliance, coupled with the right attitude and eagerness to learn, will be considered for this role.
• Only Cape Town Based Applicants will be considered for the role

Skills
Analytical Skills (Inactive), Compliance Management, Compliance Reporting, Compliance Risk Management, Compliance Training, Incident Investigations, Incident Management, Problem Solving, Regulatory Compliance, Regulatory Compliance Reporting, Regulatory Submissions, Stakeholder Management, Strong Communication & Presentation skills

Competencies
Balances Stakeholders

Communicates Effectively

Financial Acumen

Instills Trust

Interpersonal Savvy

Manages Ambiguity

Manages Complexity

Optimizes Work Processes

Education
Bachelor Of Law

Closing Date
02 December 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.
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