O

Old Mutual

Life insurance, asset management, and banking

Head of Data and Artificial Intelligence

Engineering LeadershipPosted on Nov 13
Full-timeCape Town, South AfricaNo salary listedIn-person

About the Job

Requirements

  • A minimum of 10 years in data engineering, data science, analytics, or information management roles, including at least 5 years at senior management level.
  • Demonstrated experience designing and implementing data governance frameworks, preferably in financial services, insurance, or another regulated industry.
  • Proven success leading data strategy and transformation initiatives across multiple business units or geographies.
  • Experience managing the budget and external resourcing of a data and analytics function, with demonstrated return on investment on data investments.
  • Proven experience delivering production machine learning, recommender, or next-best-action capabilities in financial services or a similarly regulated environment, including AI governance and model risk controls.
  • Working knowledge of financial-services regulatory environments, including POPIA, RDARR, King IV, anti-money laundering, and regulatory reporting, or equivalent regulated-industry compliance.
  • Experience designing, building, and running a cloud lakehouse platform, such as Databricks, from design through production, including environment, access, and cost management.
  • Experience delivering generative AI or large language model solutions into production, with evaluation, monitoring, and governance controls.
  • Experience owning RDARR, BCBS 239, or equivalent regulatory data compliance.
  • An essential postgraduate degree in mathematics, statistics, computer science, data science, or a related quantitative field; the education section specifies NQF Level 9 – Master's as required.
  • Advanced proficiency in data governance tools, analytics platforms, and modern data-stack technologies, including Databricks and Spark.
  • Strong financial acumen and ability to interpret profit-and-loss statements, budgets, and return-on-investment analyses.
  • Ability to operate amid ambiguity, manage competing priorities, and adapt strategy to changing business contexts.
  • Ability to present to executive audiences and translate technical concepts for business stakeholders.
  • Skills include business intelligence analysis, business requirements analysis, data categorization and classification, data algorithms, database user interfaces and queries, data collection methods, knowledge management, change management, prioritization, project risk and issue management, stakeholder expectation management, and strategic project and program alignment.
  • Planning and organizational skills and an adaptive mindset.

Responsibilities

  • Establish and execute a comprehensive data, analytics, and AI strategy that balances governance, compliance, risk management, and data quality with revenue growth, innovation, and AI-enabled decision-making.
  • Design, establish, and run the ecosystem data space on Databricks or an approved equivalent lakehouse platform, including workspaces, catalogues, environments, access controls, and cost management, using Group central data platforms rather than duplicating them.
  • Define the ecosystem data model and project data fields; map sources to targets across OM Bank and life, short-term insurance, retirement, and rewards businesses; and assign a named data owner to every field.
  • Build customer identity resolution and a single customer view across businesses, including matching, consent, and golden records, within privacy and legal constraints.
  • Design batch, streaming, and API data pipelines and integration architecture with Technology and Architecture, and agree service levels with source system owners.
  • Establish data products, a feature store, vector and retrieval capabilities for AI, a data catalogue, and lineage so data can be discovered, trusted, and reused.
  • Make build, buy, and partner decisions for platform components within Group architecture and procurement standards, and manage platform cost and performance.
  • Develop and communicate data and analytics strategy aligned with ecosystem objectives, explaining expected revenue growth, cost reduction, risk mitigation, and customer outcomes.
  • Define offensive and defensive mandates for data and analytics, balancing innovation with governance and compliance.
  • Establish and track metrics connecting data and analytics investments to financial and operational key performance indicators.
  • Translate executive objectives into actionable data roadmaps for each ecosystem project, sequenced to delivery dates and aligned to strategic priorities.
  • Own delivery of predictive models, next-best-action recommendations, and recommender engines embedded in customer engagement channels, from use-case definition through production.
  • Determine the best channel and timing for offers across digital, WhatsApp, branches, and advisers, and build the supporting decision logic.
  • Set machine-learning operations standards for model registry, monitoring, drift, champion-challenger processes, and retraining, and ensure independent validation with Group model risk.
  • Run test-and-control experiments with Value and Commercials to demonstrate measurable uplift in acquisition, conversion, cross-selling, and retention.
  • Work with project teams, Rewards, and Consolidations to develop data-driven propositions, including identifying customers who could benefit from consolidation, annuity-to-bank, or bundled offers.
  • Design and oversee the ecosystem data governance operating model in alignment with Group data governance, defining roles, accountabilities, and processes for data as an enterprise asset.
  • Represent the ecosystem in Group data governance structures, set policy for the ecosystem data space, and ensure appropriate valuation, creation, consumption, and control of data and analytics.
  • Establish governance structures suited to organizational maturity and decentralization, working with data stewards and business units to embed governance into daily workflows.
  • Oversee data-quality frameworks for validation, lineage, cleansing, and monitoring, ensuring data is trustworthy and suitable for analytics and AI applications to RDARR standard.
  • Define and enforce data access, security, privacy, and regulatory-compliance policies aligned with financial-services regulations, including POPIA, RDARR, King IV, and regulatory reporting requirements.
  • Own ecosystem RDARR compliance, including lineage, completeness, accuracy, timeliness, and adaptability of OM Bank risk data, with BCBS 239-aligned architecture, ownership, and controls, working with Risk, Finance, and Compliance.
  • Lead ecosystem AI and machine-learning strategy and readiness, establishing data and analytics as the foundation for responsible, ethical AI deployment.
  • Establish or adopt AI governance frameworks with Group AI governance structures, defining approval processes, risk assessments, and guardrails for generative AI, machine learning, and advanced analytics.
  • Oversee the identification, prioritization, and piloting of high-impact AI and analytics use cases, ensuring value-driven implementation and measurable return on investment.
  • Set strategy for generative AI and AI agents that can improve customer engagement, servicing, adviser productivity, operations, and the central team’s work, with a value case and risk assessment for each.
  • Build AI platform and engineering foundations for model and prompt management, retrieval grounded in governed ecosystem data, evaluation and testing, monitoring, cost control, and human-in-the-loop safeguards.
  • Manage AI risks, including bias and fairness, explainability, treating customers fairly, hallucination and data-leakage controls, and third-party model and vendor risk, in line with Group model-risk and AI governance and with Legal Enablement on automated decision-making obligations under POPIA.
  • Report AI use cases, risks, performance, and value to executive and Group AI governance forums.
  • Scan emerging technologies, including quantum computing, and assess their relevance, maturity, cost, and timing for the ecosystem.
  • Lead quantum-safe readiness for ecosystem data with Information Security, Architecture, and Group Technology, including an inventory of cryptography in use, exposure of long-lived customer data, and a post-quantum migration path aligned to Group and regulatory expectations.
  • Run small, time-boxed proofs of concept with partners only where there is a clear value case and within existing budgets, and report results and recommendations to executive and Group Technology.
  • Build relationships with technology partners, universities, and industry forums to keep the ecosystem informed on AI and quantum developments.
  • Partner with the Chief Financial Officer, Chief Risk Officer, Chief Information Officer, Chief Marketing Officer, Group Treasury, Group Technology and Architecture, and business-unit leaders to align data initiatives with enterprise strategy and resources.
  • Lead or participate in enterprise governance councils, communicating data priorities, progress, and emerging challenges in executive-ready formats.
  • Facilitate governance-adoption change management through targeted communication, incentive alignment, and designated change agents.
  • Conduct regular stakeholder engagement conversations to understand business needs, data challenges, and alignment gaps, and translate feedback into strategy adjustments.
  • Agree capacity commitments for data engineering, architecture, and platform support with Group Technology and participating businesses, and embed commitments in sponsors’ scorecards so named people are ring-fenced for the ecosystem.
  • Evaluate, recommend, and oversee adoption of data management, analytics, and AI technologies that enable the organization’s data strategy.
  • Establish requirements for modern data platforms, including data integration, profiling, quality monitoring, AI-enabled automation tools, feature stores, MLOps, LLMOps, decisioning, and experimentation capabilities.
  • Work with IT and technology partners to design scalable, secure, and compliant data infrastructure for near-term analytics and long-term AI ambitions.
  • Champion responsible adoption of AI, machine learning, and generative AI within governance frameworks that mitigate risk and ensure ethical deployment.

Desired Qualifications

  • A PhD in mathematics, statistics, computer science, data science, or a related quantitative field is preferred.
  • Understanding of quantum computing and post-quantum cryptography developments and their implications for data security and analytics is an advantage.
  • Certification in data governance, data management (DAMA or IAIDPM), or business analytics is preferred.

About the Company

Old Mutual

Life insurance, asset management, and banking

Generating summary for Old Mutual.

Company size
10,001+
Company stage
IPO
Headquarters
London, United Kingdom
Founded
1845

Recently Posted Jobs

Explore more opportunities at Old Mutual

See more jobs