Manager: Enterprise Risk

3 weeks ago


Centurion, South Africa Land Bank Careers Full time

**Job Advert Summary**:
The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socio-economic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agri-businesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

**MAIN PURPOSE **OF THE JOB**

Develop and facilitate the implementation and maintenance of a fit-for-purpose Enterprise Risk Framework, which includes the Operational Risk, Financial Risk, Strategic Risk and Credit and Investment Risk, within Land Bank thereby safeguarding the Land Bank, its assets, customers, reputation and the interests of stakeholders by identifying as well as managing all threats to the achievement of its business objectives.

**Key Performance Areas**:
**1. Facilitate and manage the implementation and maintenance of a fit-for-purpose Enterprise Risk Management Framework that aligns to the Banks core risk strategy.**
- Maintain updates to the ERMF, including sub frameworks
- Create awareness and training
- Train Champions and Management
- Train and create awareness
- ERMF tools as part of systems Build
- ERMF inclusive in RCSA
- Integrate Reporting(Board, Management Committees)
- Assist with Risk and Governance collation of pack
- ERM analysis, root cause analysis and risk assessment recommendations to Exco and Board
- Monitoring and updating the Strategic Enterprise Risk Register
- Keep a register of Top ERM risks
- Emerging Risk trends
- Ensure capturing of all ERM incidents

**2. Develop and facilitate the implementation and maintenance of a fit-for-purpose Operational Risk Management Framework**
- Develop and maintain a fit-for-purpose Operational Risk Management Framework (ORMF) aligned to the latest methodologies and best practice
- Ensure the consistent implementation of the Operational Risk Management Framework within the organisation and alignment to strategic goals
- Deliver expert operational risk advisory services to all business units operating under the Bank by taking ownership and responsibility in supporting the business units in the use of the operational risk management systems and tools
- Support the Bank by embedding appropriate risk management tools such as incident management, risk and control self-assessments, key risk indicators and the enhancement of capital calculations
- Develop and maintain Operational risk policies, manuals and procedures
- Liaise with GM: Enterprise Risk & Governance and business units on risk related matters
- Analyse business unit risk reports and provide appropriate recommendations
- Ensure risk reports are produced, monitored and discussed with management in line with the ERM framework
- Provide support to business unit management in carrying out their respective risk management responsibilities
- Represent risk at key stakeholder forums and committees
- Facilitate proper allocation of responsibility and accountability (i.e. DOP)
- Conduct risk & control self-assessments on new products, and strategic initiatives within the bank

**3. Facilitate the reporting of ERM for Board and Management committees reporting processes by creating an effective reporting mechanism.**
- Develop and implement a framework for reporting
- Develop reporting dashboards
- Ensure information is integrated in a timely manner
- Ensure accuracy of ERM reporting and information
- Integrate and synthesis all reporting at a strategic level

**4. Stakeholder engagement and coordination of operational risk related committees, meetings, initiatives etc.**
- Co-ordinate Enterprise Risk Committee (ERCO) meetings
- Support BU management to ensure that strategic decisions within the business areas take full accountability of the current and emerging enterprise risk profile
- Recommend value add risk management solutions to reduce the risk of re
- occurrence and impact
- Ensure that risk issues identified are monitored, reported, escalated to relevant person/s & Committee/s and corrective actions are taken

**5. People Management (Indirect and Direct Reports)**

**Performance Management**
- Analyse the business plan to d



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