Risk Governance Officer job opportunity at Old Mutual.



DatePosted 13 Days Ago bot
Old Mutual Risk Governance Officer
Experience: 7-years
Pattern: full-time
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loacation Pinelands, South Africa
loacation Pinelands....South Africa

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description Role Purpose: An exciting opportunity exists for two experienced Risk Governance & Reporting Managers to strengthen and support the Group Risk function at Old Mutual Limited (OML). The purpose of this role is to contribute specialist expertise to the design, enablement, and ongoing improvement of enterprise ‑ wide risk governance and reporting practices across the Group. The role supports the consistent, proportionate, and defensible application of Enterprise Risk Management (ERM) frameworks, methodologies, policies, systems, and reporting, ensuring that risk management enables effective decision ‑ making rather than compliance ‑ driven execution. The role plays a key part in ensuring that risk governance frameworks, risk information, and risk insights are aligned to regulatory expectations, risk appetite, and Board requirements, and remain fit ‑ for ‑ purpose in a complex and evolving business environment.   Role Overview: The Risk Governance & Reporting Officers will operate at the centre of the Group’s Integration & Governance (I&G) function within OML Group Risk. Working in a Line 2 environment, the role provides exposure to enterprise‑wide risk governance architecture, senior stakeholders, and Board‑level governance processes. The role operates across all I&G focus areas, spanning the development and application of risk governance frameworks and standards, the evolution and consistent application of ERM methodology, the delivery of Group ‑ level risk reporting and insights, the effective use of risk systems and data, and the enablement of strong risk understanding and capability across the organisation, including support for relevant training and awareness initiatives. The role is ideally suited to professionals with strong risk governance experience who can operate with high judgement, independence, and credibility at Group level. Key Result Areas / Outputs The Risk Governance & Reporting Manager will work closely with Risk Partners, Line 1 stakeholders, policy owners, subject matter experts (SMEs), and the broader Risk and Assurance community to enable consistent, high‑quality risk governance and reporting outcomes across the Group. Acting as a Group‑level governance and reporting specialist within Group Risk (Line 2), the role provides independent oversight, technical guidance, and constructive challenge to ensure that risk governance practices, methodologies, systems, and reporting outputs are clear, consistently applied, decision‑useful, and aligned to regulatory expectations, risk appetite, and Board requirements. The role plays a critical part in delivering Board‑ready risk reporting, defensible governance artefacts, and forward‑looking risk insight that supports effective executive and Board‑level decision‑making across the Group. Key Responsibilities (KRAs) Enable and maintain the Group ERM framework and risk governance standards, ensuring alignment with the Group Governance Framework (GGF), regulatory expectations, and risk appetite. Support the consistent and proportional application of ERM methodology across the Group, including risk assessment approaches, risk matrices, KRIs, and aggregation practices. Promote consistent interpretation of inherent and residual risk assessments, supporting comparability, aggregation, and credible enterprise‑wide risk views. Support custodianship of the Group Risk Policy Framework, including governance standards, rollout, ongoing monitoring, and policy attestation processes. Partner with Line 1 policy owners and SMEs to enable effective adoption of risk governance requirements, providing guidance and oversight while maintaining Line 2 independence. Deliver and enhance Group‑wide risk reporting and insights for executive and Board‑level forums, incorporating trends, drivers, appetite performance, and emerging risks. Support the effective use and ongoing improvement of ERM systems and risk data, contributing to system configuration alignment, data quality, reporting enablement, and analytical capability. Contribute to the enablement of strong risk understanding and capability across the organisation, including the development and facilitation of relevant training, guidance, and awareness initiatives. Act as a trusted Line 2 governance partner, providing guidance, insight, constructive challenge, and defensible input into regulatory and governance engagements. Qualifications, Skills and Experience: Qualifications: Bachelor’s degree required in Risk Management, Finance, Accounting, Economics, Law, or a related discipline. Professional risk or governance qualification advantageous (e.g. IRMSA, CA(SA), CFA, FRM, or equivalent). Ongoing professional development in enterprise risk management or corporate governance preferred. Experience: 7+ years’ experience in enterprise risk management, risk governance, or second‑line risk oversight within a complex organisation (preferably financial services). Demonstrated experience supporting or contributing to Group‑level risk governance frameworks, ERM methodology, and policy governance. Proven experience in executive and/or Board‑level risk reporting, including aggregation, trend analysis, and decision‑useful insight. Practical exposure to risk appetite frameworks, inherent and residual risk assessment, KRIs, and enterprise risk aggregation. Experience working in a Line 2 environment, providing independent oversight, guidance, and constructive challenge. Familiarity with recognised frameworks such as ISO 31000 and COSO ERM. Experience working with the ERM system, CURA, to support risk assessment, reporting, aggregation, and data quality is advantageous. Leadership: Leads through influence, credibility, and subject‑matter authority rather than formal people management. Demonstrates sound judgement and confidence when engaging senior stakeholders, executives, and governance forums. Acts as a trusted governance partner, balancing collaboration with independent challenge and integrity of Line 2 oversight. Comfortable operating in a broad, integrated role, flexing across governance, methodology, and reporting priorities. Key behavioural skills and attributes that would make a candidate successful in this role: Strong risk governance mindset with the ability to apply proportional, principle‑based judgement. Analytical and insight‑driven, able to translate complex risk data into clear, decision‑useful messages. Confident communicator, comfortable engaging and challenging senior stakeholders constructively. Structured and disciplined, with attention to quality, consistency, and defensibility of outputs. Collaborative and adaptable, able to operate across multiple I&G focus areas without siloed thinking. Resilient and accountable, able to manage competing priorities in a high‑visibility Group role. Skills Action Planning, Analytics Software, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Compilation, Data Controls, Data Interpretations, Evaluating Information, Management Reporting, Numerical Aptitude, Report Review, Solution Analysis Competencies Business Insight Courage Decision Quality Ensures Accountability Financial Acumen Instills Trust Manages Complexity Optimizes Work Processes Education Bachelors Degree (B): Risk Management (Required) Closing Date 13 March 2026 , 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. The Old Mutual Story!

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