Oliver Ómarsson

Oliver Ómarsson

Legal Counsel

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  • Timeline

  • About me

    Legal Counsel at Lífeyrissjóður verzlunarmanna

  • Education

    • Reykjavik University

      2017 - 2019
      Master's degree Law
    • Reykjavik University

      2014 - 2017
      Bachelor's degree Law
  • Experience

    • Íslandsbanki

      May 2018 - Nov 2019
      Legal Counsel

      In the legal department my projects mostly consisted of drawing up credit agreements for the bank’s individual and commercial division, as well as participation in the review of the bank's commercials and bonds due to the digitalization of the property registry. Then i also participated in the bank’s implementation of GDPR and was responsible for the bank’s data protection regime for some time.In the compliance department i oversaw the bank’s securities transactions and participated in the implementation of MiFID II. As well as reviewing the bank‘s work processes and content related to securities trading regulations. I also supervised the conduct of due diligence and business transaction monitoring. Along with handling the preperation and submission of suspicious activity reports to the supervisory authorities. Show less

    • Arion banki

      Nov 2019 - May 2022
      Lawyer

      I oversaw the data protection strategy and its implementation to ensure compliance with GDPR requirements for Arion Bank, its subsidiaries Stefnir (investment fund), Vörður (insurance company) and four pension funds in the bank‘s operations; Frjálsi, EFÍA, Lífeyrissjóður bænda and Lífeyrissjóður Rangæinga. My role was also to provide legal advice to the aforementioned parties to ensure compliance with anti money laundering- and securities laws.

    • Lífeyrissjóður verzlunarmanna I The Pension Fund of Commerce

      May 2022 - now
      Legal Counsel

      Pension Fund of Commerce (LV). LV is Iceland's second-biggest pension fund, established in 1956. The fund is an occupational fully-funded pension scheme governed jointly by the VR trade union and by employers' associations. The fund invests domestically and globally across multiple asset classes.

    • Jarðvarmi slhf.

      Apr 2023 - now
      Board Member

      Jarðvarmi is a holding company, holding 14 icelandic pension funds’ ownership in HS Orka. HS Orka has been a leading company in production of renewable energy for 40 years.

  • Licenses & Certifications

    • Certified Securities Broker

      Ministry of Finance and Economics Affairs
      Jun 2021
      View certificate certificate
    • Certified Information Privacy Professional/Europe (CIPP/E)

      IAPP - International Association of Privacy Professionals
      May 2020
      View certificate certificate
    • Certified Specialist in Financial Crime Risk in Global Banking and Markets

      International Compliance Association
      Aug 2020