Senior Risk and Compliance Officer for a Period of

The NLSA seeks to appoint a Senior Risk and Compliance Officer to conduct risk management functions within NLSA.

**Planning and Implementation**:

- Participate in developing and implementing the risk management framework consisting of Risk Management Policy; Risk Management Strategy; Risk Management Committee (RMC) Charter; Fraud and Corruption Policy; Fraud and Corruption Strategy and Plan; Risk Assurance Plan, Risk Appetite and Tolerance Framework
- Participate in developing and implementing the Compliance management framework and plan.
- Research good practices and new developments to enable the NLSA to achieve its objectives.
- Align the Framework with the applicable legislation and guidelines issued by National Treasury, as well as benchmark with other constitutional and public entities.
- Develop implementation plans for strategies and ensure implementation.
- Monitor implementation of the risk management strategies and plans.
- Assess risk management and compliance management processes. **Business Continuity Planning**:

- Help to determine the scope of projects and make certain that the vital resources are provided to achieve the goals and objectives.
- Establish the ability of the NLSA to comply with contractual agreements concerning delivery of products and services.
- Institute procedures to discover and explain costs incurred during the recovery process.
- Utilise the business impact analysis process to identify the financial and operational impacts of

risk exposures for the NLSA and its service providers.
- Determine the cost of risks and develop recovery strategies on matters as wide as:

- Loss of critical employees, Loss of important documents or records, Changes in political climate or legislation governing NLSA, Interruption, or potential interruption, Critical labour relationships and Regulatory and statutory controls.
**Risk Reporting**:

- Develop reporting protocols, including quantitative and qualitative thresholds, and monitoring the reporting process.
- Report on the risk and compliance management process, progress and problems to the CEO and the Board.
**Enterprise Risk Management Activities**:

- Facilitate risk identification and assessment workshops.
- Collate, aggregate, interpret and analyze the results of risk assessments.
- Assist management in developing action plans to manage identified risks.
- Monitor the progress of risk mitigation activities, solicit and assess progress from management.
- Create and disseminate risk reports to EXCO, MANCO, RMC, and the Board.
- Maintain the strategic and operational risk registers.
- Develop and implement risk and control self-assessment guide.
- Facilitate training of RMC Members.
- Respond to and implement recommendations by Auditor General and Internal Audit.
**Risk Governance**:

- Define NLSA’s Risk Oversight Role within the enterprise-wide risk management framework.
- Foster risk management culture that is aware of the implications of risks taken to attain objectives.
- Help management incorporate risk management into strategy.
- Facilitate execution of risk governance processes and practices.
- Benchmark and evaluate the governance process.
**Administration of the Risk Management Committee Activities**:

- Facilitate orientation and training of the RMC members.
- Perform the Secretariat function of the RMC.
**Internal Control**:

- Implement, monitor, and review NLSA internal controls policies and procedures.
- Ensure compliance with Public Finance Management Act, NLSA Act and Treasury Regulations.
- Management of Irregular, fruitless and wasteful and unauthorized expenditure, and act as Loss Control Officer.
- Assist in developing and monitoring the audit outcome improvement plan.
- Attending audit steering committee meetings.