Risk Manager

4 weeks ago

Johannesburg, South Africa IOCO Full time

We are seeking an experienced and proactive Risk Manager to join our organization. As a Risk Manager, you will be responsible for identifying, assessing, and mitigating risks to ensure the organization's financial and operational well-being. If you have a strong background in risk management, excellent analytical skills, and the ability to develop effective risk strategies, we encourage you to apply.                   

What you’ll do:

  • Develop and implement the organization’s risk management strategy and framework.
  • Develop and implement the organization’s governance and compliance program.
  • Identify and assess risks associated with the organization’s activities, including projects, operations, and systems.
  • Monitor and report on risks and controls to the relevant stakeholders.
  • Coordinate with other departments to ensure risk management processes are integrated with other risk management activities.
  • Ensure compliance with relevant regulations and standards.
  • Oversee governance processes and procedures to ensure they meet regulatory and ethical standards.
  • Provide legal advice on risk management issues and the organization’s governance and compliance.
  • Provide guidance and training to staff on risk management, governance, and compliance.
  • Working with senior managers across the business to develop and challenge their understanding of risk exposure, adequacy of mitigating controls, and risk appetite.
  • Coordinating monthly risk committee meetings to understand each business's risks and mitigation strategies.
  • Managing the bid review committee process, aligning proposals to contracting, and ensuring bid review concerns are contracted accordingly.
  • Proactively providing risk management advice across, identifying emerging risks, and advising on appropriate risk management options.
  • Build risk and control awareness by helping senior managers embed robust risk management across all areas of the business.
  • Supporting the anti-fraud initiatives, including working with divisions to understand and mitigate their fraud risk.
  • Sharing risk management best practices.
    Promoting the use of risk management as an enabler of opportunities and expanding its role towards that of a management tool for informing decision-making, creating value, and competitive advantage.
  • Review previous risks and issues and ensure the process to eliminate previous issues.


 

Your Expertise:

  • Proven experience in risk management, governance, and compliance.
  • Strong understanding of the regulatory environment, risk management principles, and legal issues related to risk management.
  • Excellent analytical and problem-solving abilities.
  • Strong communication and leadership skills.
  • Detailed understanding of current best practice ideas, and experience in applying those ideas in practical situations
  • Detailed understanding of contracting and law.
  • Sound understanding of strategic imperatives.
  • Experience in building effective working relationships with senior management.
  • Ability to achieve ownership amongst the senior management of an organization through a combination of assertiveness, influencing skills, and a thorough
  • knowledge of the relevant facts.
  • Excellent communication and interpersonal skills, including the ability to communicate complex issues clearly and succinctly.
  • Organization and planning skills with the ability to deal effectively with both short-term imperatives and long-term planning.

Qualifications Required:

  • Bachelor’s degree in Finance, Business, or Law.
  • As the role includes governance and compliance responsibilities, a legal qualification such as a Juris Doctor (JD), Bachelor of Laws (LLB), or equivalent will be given preference.

Personal Attributes/ Soft Skills Required:

  • Ability to work together in a group, combine strengths, negate weaknesses, and contribute expertise to accomplish a shared objective.
  • Ability to recognize which results are significant – and what steps need to be taken to achieve them.
  • The capacity to recover quickly from difficulties; toughness.
  • Solves challenging problems through intuition and analytical thinking.
  • Builds relationships with, and delivers services to both internal and external customers, with a focus on their needs.
  • The ability to influence others to your way of thinking without force or coercion.
  • Demonstrates adaptability and works effectively in various situations with multiple people.
  • Understands and appreciates different and opposing perspectives and adapts approaches according to situational requirements.

Other information applicable to the opportunity:

  • Permanent position
  • Location: Johannesburg

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