Senior Risk Officer
5 days ago
**Purpose of the Job**:
To proactively drive the Risk Management function within the FSCA and assist Divisions and Departments to identify, mitigate and manage existing and potential risks to which the Financial Sector Conduct Authority is exposed to. The role is also responsible for managing the FSCA fraud and ethics hotline services and ensuring that complaints are followed up. The person appointed to this position will report to the Senior Manager: Governance, Risk and Assurance (GRA).
**Key Performance Areas**:
- Develop and implement FSCA risk management policies, procedures, frameworks, and code of practice aligned with ISO31000 and COSO ERM frameworks.
- Facilitate, coordinate, and monitor the risk management processes (identification, measurement, monitoring, management, control and reporting of risk) in accordance with international risk management standards and organisational goals.
- Conduct regular risk assessments and identify potential risks and opportunities using established risk assessment methodologies aligned with ISO31000/COSO frameworks.
- Facilitate risk workshops with business departments to integrate risk management strategies and to develop risk registers.
- Coordinate and oversee the combined assurance reporting process, ensuring alignment between various assurance providers (internal audit, external audit, compliance, and other assurance functions) to provide comprehensive coverage of key risks.
- Develop and maintain an organisational risk register.
- Manage the FSCA fraud and ethics hotline inbox, as well as coordinate and compile reports on tip-offs received.
- Compile and maintain the FSCA tip-offs register and refer tip-offs to relevant departments within FSCA and or outside resolution providers.
- Prepare risk management reports for senior management, including combined assurance status reporting.
- Identify and assess emerging risks using established risk frameworks and methodologies
- Support the development of a risk-aware culture within the FSCA by maintaining ongoing risk management awareness programmes.
- Provide training and support to staff on risk management practices and frameworks.
- Stay up to date with industry trends and best practices in risk management.
**Other Key Competencies**:
- FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply._
**Closing Date: 17 December 2024
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