Compliance Executive – Corporate Governance OMSA

Compliance  Executive – Corporate Governance OMSA

The incumbent will be individually accountable for the Legal,  Compliance, Client Servicing & related administration Risk function in OMEM CST through staff supervised over periods of 1-2 years.

This role interacts with senior management and board members of companies within the OMSA Group on a strategic level on compliance and legislative developments that may influence the strategic direction of the company.

Legal & Compliance & Client Servicing & Admin Risk

  • Ensures, through staff supervised, the execution of legal, compliance & client servicing risk within OMEM CST and/or other Segments over periods of 1-2 years.
  • Determines how new legislation will impact the business segment and how it could be complied with in the most cost-effective way.
  • Influences (if needed) the strategic direction of the business segment by making recommendations on how to change or structure the business.
  • Coordinates legal, compliance & risk efforts across the entire business segment.

Team effectiveness

  • Manages between one and twenty-four staff members.
  • Individually accountable for staff time, tasks and output quality, over periods of 3 months to a year.
  • Balances own priorities with directing and motivating others.
  • Plans and assigns work over periods of 3 months to a year.
  • Guides and directs staff to achieve operational excellence standards.
  • Creates a climate for optimal performance.
  • Manages performance.
  • Selects potential staff to sustain customer/ client service delivery.

Role description:

  • Ensures compliance within the Business Segment (integrates legislation into the business).
  • Coordinates compliance efforts across the entire business segment.
  • Determines how new legislation will impact the business segment & how best this may be complied with in the most cost effective way.
  • Responsible for facilitating, co-ordinating and overseeing the implementation of the OMEM risk strategy and enterprise risk management disciplines within a large and/or complex area of business, and also monitors, escalates and reports material risks, events and issues as it relates to client servicing and administration risk
  • Responsible for compliance staffing and development across the segment.
  • Could influence the strategic direction of business through recommendations on how to change or structure the business (does not make actual decisions).
  • Manages between 1 and 24 staff members.
  • Advantageous: Legal degree together with C.Prac or C.Prof.10 yrs appropriate compliance related experience in the financial services industry. 

Job Requirements 

Role Qualifications and Competencies:

  • Recognised degree in legal field plus minimum qualifications as specified by regulation.
  • 8-10 yrs relevant experience.
  • Ability to communicate verbally and in writing at Executive and Board level.
  • Appropriate attention to detail.
  • Judgement as to what risks/issues need to be escalated and reported on.
  • Ability to build relationships across multiple BU’s and countries, while dealing with issues that may be sensitive.
  • Level of understanding of Operations, Risk and Legal.

Competencies:

  • Adaptability
  • Aligning Performance for Success
  • Business Awareness
  • Decision Making
  • Gaining Commitment
  • Planning & Organising
  • Ownership
  • Technical Knowledge

Company