Group Manager: Risk

Assore
is an international mining holding company, which principally engages in projects involving the mining, processing and marketing of ores, minerals and metals throughout several countries.

Assore boasts a diverse product portfolio and a global customer base. We are proudly renowned for our excellence in supplying iron, manganese and chrome ores, as well as manganese alloys.

Our philosophy is centered on our commitment to safety, operational excellence, customer focus and sustainability. For generations, these efforts have allowed us to positively impact industries and local communities.

We are looking to hire a
Group Manager: Risk
in our Group Finance Team. This role is based at our office in Illovo, Johannesburg.

Main purpose of the role:

The Group Manager: Risk is responsible for leading and supporting the strategic planning, development, and implementation of the group-wide risk management framework within the Group Finance function.

The Group Manager: Risk is also responsible for identifying, assessing, and mitigating financial and strategic risks, developing relevant policies, ensuring compliance with regulatory and internal requirements, and enhancing risk reporting. The role collaborates across departments to embed a strong risk culture, supports continuous improvement of risk practices, and contributes to informed decision-making that protects and creates value across the group.

Risk identification & assessment

• Analyse and identify potential risks across all business units and corporate office functions and record them in the Group's risk register.
• Conduct regular risk assessments to evaluate their potential impact and probability and ensure that this is appropriately calibrated and incorporated into the Group's risk register.
• Monitor for emerging risks and reassess existing risks as conditions change, including quarterly and ad hoc updates to the Group's risk register.

Strategy & policy development

• Ensure that risk and risk management is appropriately factored into the Group's risk register.
• Design and deploy comprehensive risk management policies and processes.
• Develop, or support the development of, strategic plans and custom risk management systems tailored to the Group's needs.

Mitigation & control

• Implement strategies to reduce, eliminate, or transfer risks.
• Support the risk transfer process.
• Develop and execute contingency and business continuity plans for potential incidents.

Compliance & reporting

• Ensure the organisation adheres to relevant laws, regulations, and insurance criteria, in collaboration with the other Group functions dedicated to compliance and compliance monitoring.
• Monitor and report on key risk indicators to senior management and other stakeholders.

Monitoring & improvements

• Monitor the effectiveness of risk management programs and make necessary adjustments.
• Support and co-ordinate all internal audit processes.
• Monitor the implementation of all recommended actions arising out of internal audit reports and/or regulatory inspections and findings.

Collaboration & communication

• Collaborate with business units, corporate office functions and employees to implement effective risk controls.
• Communicate risk assessments, strategies, and findings to relevant stakeholders.

Requirements:

• Relevant Bachelor's Degree in Finance, Economics or Business Administration.
• A Master's Degree in risk management or an MBA can be beneficial, especially if the undergraduate degree isn't directly related to risk.

Professional experience:

• Minimum of 8-10 years experience, of which 4 would have been spent in a risk management.
• Experience in coordinating rapidly growing entities with multi-national operations.
• Experience in mining will be advantageous.
• Experience in sales and marketing operations will be advantageous.
• Exposure to international operating environments can be beneficial.

Competencies required:

• Ability to work within an ambiguous, complex environment, while also driving toward clarity and solutions.
• Aptitude for decision making and problem solving.
• Sound organisational skills and the ability to lead multiple priorities in a fast-paced, high pressure environment.
• Excellent communication skills, and an ability to engage clearly, timeously and directly with internal and external stakeholders.
• A solid understanding of regulatory frameworks across multiple countries, and the ability to adapt key differences across multiple jurisdictions.