Risk Coordinator

Job Title
- Risk Coordinator
- Location
- Selby - Johannesburg, GP 2001 ZA (Primary)
- Occupational Level
- Professional
- Job Category
- Legal
- Job Type
- Permanent
- Description

BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.

PURPOSE

Drive sustainable business value for an organisation. Managed Enterprise Risk Management (ERM), Business Continuity Management (BCM) and Short Term Insurance (STI) practices (Operationally and Strategically).

You will engage with the following stakeholders:
Internal
Internal Stakeholders (Exco; Management; Employees)
External
Regulatory Bodies (SARB)
Associations (Banking Association South Africa; Payments Association South Africa)

External service providers,
consultants, certification bodies etc.
- Your key responsibilities include:

- Contribute/ compile budget setting and annual business planning
- Manage and control individual and relevant intervention, project and programme costs
- Manage the Risk Management budget activities
- Manages the risk champion structure and cost layout
- Manage Training and awareness budget
- Develop and maintain good stakeholder relationships - internal and external (Domestic and/or Regional)
- Deliver on internal and external stakeholder requirements and business needs (Domestic and Regional)
- Contribute to and deliver on BU goals and activities aligned to strategy (Various Long-Term Desired ouctomes)
- Demonstrate innovative thinking in area of expertise and translate this into business process/ solutions/working practice improvements
- Deliver client or company specific projects in line with company standards and in agreement with line manager
- End-to-end administration of the Insurance Policy cover for BankservAfrica (Annual), whilst maintaining the stakeholder relationship between Marsh (STI broker) and BankservAfrica
- Manage BankservAfrica Business Interruption / Incidents and report same to BC Policy Committee (facilitated by PASA)
- Assist in the Combined Assurance approach, as member of the Combined Assurance Forum (CAF) in line with other internal assurance providers. Act as deputy Chairperson to caretake the meeting in the absence of the CAF Chairperson
- Manage the review, amendment and approval of the BCM Policy (ARC) and Procedures (CRO)
- Manage the distribution of the BCM Policy, BCM Frameworks and BCP document to staff through the local intranet and OnBase
- Develop and manage comprehensive processes and risk monitoring systems so as to identify, document, communicate and develop appropriate strategies to mitigate key risks for BankservAfrica as Payments Systems Operator (PSO)
- Develop and manage comprehensive policy, processes and risk monitoring systems so as to identify, document, communicate and develop appropriate strategies to mitigate key risks for BankservAfrica in the capacity of Scheme
- Management (TCIB and PayShap)
- Develop, implement and administer the enterprise risk management program, holistically for Operator and Scheme
- Identify and monitor key risk indicators, tolerances and trends and their correlation to the BankservAfrica Corporate Scorecard and Strategic objectives
- Manage the development of the Strategic risks with the BankservAfrica Board, Board Committees and Executive Management
- Recommend ways to control or reduce risk to the Business Units within the organisation, through second line of assurance management of the appointed Risk Champions per department
- Facilitate the identification and assist in analysing areas of potential risk to the success of organisation (independent enterprise-wide risk assessments as per business plan initiatives, by department’s request)
- Facilitate the assessment of risks to business operations
- Produce reports or presentations that outline findings, explain risk positions and recommend changes
- Compile and assist in delivering Monthly (Executive and Senior Management) and Quarterly (Board and Board sub-committees) risk reporting
- Analyse new legislation, in conjunction with relevant departments within the organisation, to determine impact on risk exposure
- Risk assess new legislation as incorporated into the BankservAfrica Regulatory Universe
- Maintain data in information systems or databases
- Appointed by Compliance as Business Owner / Data Steward and/or Data Privacy Champion in accordance with business need for Risk Management
- Maintain and manage all content (ERM, BCM and STI) on IT-enabled platforms (OneDrive / Sharepoint etc.) for Risk Management
- End-to-end facilitation of the audit assurance process facilitated by Internal and/or External Audit. Approval and closure of Audit related findings (Risk Management department - ERM)
- Provide Business Continuity Planning documentation and training to all employees
- M