Manager: Risk Governance and Reporting

3 weeks ago


Centurion, South Africa Secondments Recruitment Full time

**Job Advert Summary**:
The purpose of company Risk Governacne and Reporting function is to support Head of Risk to discharge the primary responsibility of risk governance and risk reporting aspects and the oversight/ coordination aspects of the financial soundness and key entity level controls. The function will be coordinate and support the development and implementation of the companyrisk governance framework, supporting processes and reporting. This is a manner that meets business and regulatory requirements. Through the key entity level controls, provide the requisite assurance to the Senior Management (Exco) on the overall internal control framework and the implementation Risk policies across LBI entities.

**Minimum Requirements**:

- Post Graduate Qualification, Preferably in Risk Management
- A member of the Institute of Risk Management of South Africa (IRMSA)
- 8-10 years Risk management function, preferably in insurance companies
- 4-6 years experience in Risk Governance and Reporting
- 5 years experience with Regulatory reporting i.e. ORSA and QRR
- 3 years experience in leadership or management position

**Duties and Responsibilities**:

- Drafting and preparing strategic risk appetite and risk management tools to scope direction for business.
- Ensure that the Enterprise Risk Management Framework is integrated with Regulatory requirements.
- Support Head of Risk with the planning the strategic risk identification.
- Facilitate review of the risk appetite statements to ensure it remain appropriate and recommend changes to Management Risk Committee where necessary
- Develop and monitor of appropriate key risk indicators together with assicited tolerances limts and related reporting.
- Undertake periodic risk assessment working with the various risk owner and ensure that risk register are kept up to date i.e. Fraud Risk register
- Facilitate the implementation of the annual Risk Management plan.



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