Group Risk Officer

1 week ago


Boksburg, Gauteng, South Africa Fempower Personnel Full time

PURPOSE OF THE JOB:

  • To provide an effective, efficient, and comprehensive risk management framework to the Group and its business units. To monitor emerging risks and drive the maturity of the Group's risk management programs to support the Group's strategic objectives linked to risk management. To ensure all identified risk actions and timeously recorded, tracked, and completed

MAIN RESPONSIBILITIES:

Design, develop and monitor a risk management framework

  • Ensure the risk function is treated as central to and managed on an ongoing basis as an integral part of the business, providing functional guidance to the business
  • Draw up and maintain a Company risk register and ensure it is periodically updated and feedback is given to the Group Risk Committee

Conceptualize and coordinate**- Implement strategic, operational and catastrophic risk management processes and pro-actively drive mitigating strategies to ensure business continuity (i.e. Risk reduction, continual improvement, cost savings and mitigate the impact of business interruption)

  • Ensure all standards are met and complied with in line with business, insurance, and legislative requirements
  • Ensure all emerging legislation relevant to the Group is identified, analyzed, and tracked on the relevant risk registers
  • Liaise with Insurers and Brokers regularly on issues relating to risk control
  • Oversee and manage the SHEQ management systems
  • Integrate risk plan with sitebased safety officers
  • Develop a multiyear risk management capital investment strategy aligned with risk plan
  • Biannual reporting to Group Audit and Risk Committee

Design and develop effective processes and systems

  • Identify, quantify, prioritize, and drive the elimination or reduction of all operational threats and exposures to the business.
  • Analyse warehousing, supply chain and fleet management's process flow and logistics, to identify potential hazards and treatment measure.

Audit focus

  • Ensure all internal risk audits are performed and all findings are attended to on time
  • Manage all external audits relating to SHE, Fire, and Accreditations
  • Integrate strategy, risk and performance by conducting comprehensive environmental scanning and risk analysis
  • Ensure the global risk landscape is considered on an ongoing basis and during annual executive management strategic reviews.

Build up risk awareness

  • Incorporate functional guidance within the company and the risk management function
  • Perform regular needs analysis and roll out training matrix in line with SHEQ, Fire and other operation risk needs.

Ad Hoc Projects

  • Perform detailed analytical work and special investigations when or as needed

Meetings and Engagements

  • Arrange and coordinate quarterly, annual, and ad hoc risk management meetings on behalf of the Executive Risk Committee
  • Ensure meeting minutes are recorded and all findings are attended to on time.

Reporting

  • Biannual reporting to Executive Risk Committee
  • Agreed upon core risk management metrics
  • Risk management progress relative to the annual risk management plan
  • Emerging risks
  • Risk costs
  • Capital costs incurred to management mitigate risk
  • Review of risk service providers and performance
  • Any material risk breaches in the preceding period
  • Immediate escalation to Executive Risk Committee of any material risk instance

REQUIRED MINIMUM QUALIFICATIONS / EXPERIENCE

  • Relevant Bdegree, Honours degree in the Risk Management, Operations
  • Risk management, SHEQ / OHS exposure is critical
  • Internal audit or process audit experience
  • Change Management, Project management / system implementation skills
  • Must have managed multiple sites
  • Exposure to the SA Insurance industry will be advantageous
  • Exposure to EXCO level ability to influence / guide EXCO decision making
  • Role includes requirement to travel to and engage with various sites


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