Oliver Ómarsson

Experience

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  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

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  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.

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  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.

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  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.