Chief Risk Officer

Found in: beBee jobs ZA - 2 weeks ago

Durban, KwaZulu-Natal, South Africa Hollywoodbets Full time
Hollywoodbets's job vacancy, Career and Recruitment

Job title : Chief Risk Officer jobs in KwaZulu-Natal

Job Location : KwaZulu-Natal, Durban

Deadline : May 19, 2024

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Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa's biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that's just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let's reach for the stars.

We have an amazing opportunity for a Chief Risk Officer (CRO). Do you think you have what it takes to be our newest Purple Star?

The Chief Risk Officer (CRO) plays a pivotal role in setting and overseeing the Enterprise Risk Management Framework of an organisation. The primary responsibility of the CRO will be to ensure that the organisation identifies, assesses, and manages its risks across all facets, including strategic, operational, financial, technological, regulatory, governance, and reputational risks.

The Chief Risk Officer (CRO) will report to and work with executive management and will liaise with employees across the organisation as well as the Board of Directors and the Risk and Finance Committee, in an effort to proactively and collaboratively drive the risk culture that is consistent with the company's risk appetite. They will be responsible for leading and directing the Risk Function and ensuring effective strategic as well as operational risk management and assurance, while aligning with the organisation's strategic goals and regulatory requirements.

With Hollywoodbets You Will:

Innovate and create as part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

You Bring:

Bachelor's or Post-Graduate degree in Risk Management, Finance or Internal Audit, Economics, Business Administration, or related fields.
Member of the Institute of Risk Management of South Africa (IRMSA).
Minimum 5 years' experience, spent in Risk Management roles as a Senior Manager.
Extensive experience in risk management, preferably in a senior leadership role, within the specific industry of the organization.
Strong analytical and strategic thinking skills, with the ability to interpret complex information and make informed decisions.
Excellent communication and interpersonal skills, with the capability to engage and influence stakeholders at all levels of the organization.
Deep understanding of the regulatory environment and compliance requirements related to risk management.
Proven leadership and team management abilities, with a track record of developing high-performing teams.

A Bonus To Have:
Professional certifications in risk management (e.g., FRM, CRM) are highly desirable.

What You'll Do For The Brand:

Risk Strategy Development and Implementation:

Develop and implement a comprehensive enterprise risk management strategy and framework that aligns with the organisation's objectives, culture, and regulatory environment.
Continuously review and update the risk management strategy and policies to adapt to new threats, business practices, or changes in the regulatory landscape.
Risk Identification and Assessment:
Lead the identification and assessment of all potential risks, including financial, operational, strategic, technological, governance, and compliance-related risks.
Ensure that risk assessments are conducted regularly and comprehensively, utilising both quantitative and qualitative analysis methods.

Risk Monitoring and Reporting:
Oversee the monitoring of the organization's risk exposure and the effectiveness of its risk management strategies.
Develop and present regular risk reports to the CEO, COO, board of directors, and relevant committees, highlighting the current risk profile, emerging risks, and recommendations for mitigation.

Risk Mitigation and Management:
Coordinate with other departments to develop and implement risk mitigation strategies, policies, and procedures.
Ensure that risk mitigation plans are effectively communicated and implemented across the organization.

Regulatory Compliance and Governance:
Ensure the organization's compliance with applicable laws, regulations, and standards related to risk management.
Advise the board and senior management on regulatory changes and strategic implications related to risk.

Crisis Management and Business Continuity:
Lead the development and implementation of crisis management and business continuity plans to ensure organizational resilience in the face of unforeseen events.
Coordinate responses to crises and significant risk events, ensuring effective communication and mitigation strategies are executed.

Leadership and Team Development:
Build and lead a high-performing risk management team, providing guidance, training, and development opportunities.
Promote a risk-aware culture across the organisation through training and communication initiatives.

Working Conditions:
The role typically operates in an office environment but may require travel to different company sites or for regulatory and stakeholder meetings.
Expectation to manage high-stress situations, especially during crisis events or periods of significant change.

What You'll Bring to The Team:
Excellent communication and interpersonal skills.
Impressive planning, organizational, and time management skills.
Demonstrate exceptional attention to detail.
Great interviewing skills with the ability to source and identify good calibre candidates.
Good relationship management and problem-solving skills.
Must be self-motivated, driven, results orientated, and able to take accountability.
Strong reporting skills.
Strong computer skills, with a proficient knowledge of MS Office, and the ability to learn and utilize company personnel systems.
Ability to work with volumes and deliver in a high-pressure environment.

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