Enterprise Risk Manager - Cape Town at Astron Energy (Pty) Ltd.

About the Job

The Enterprise Risk Manager is responsible for identifying, assessing, and mitigating risks within Astron Energy. This position works closely with senior management, department heads, and cross-functional teams to develop and implement an enterprise-wide risk management framework. to ensure delivery on business objectives and enhance continuous improvement.

Key Roles & Responsibilities (but not limited to):

• Risk Management Framework: Develop and maintain an enterprise-wide risk management framework, including policies, procedures, and tools to identify, assess, and monitor risks. Establish risk appetite and tolerance levels in alignment with the organisation's strategic objectives
• Risk Identification and Assessment: Identify and assess risks across various areas of the organization, including operational, financial, legal, regulatory, reputational, and strategic risks. Conduct risk assessments, evaluate potential impact and likelihood, and prioritize risks based on their significance.
• Risk Monitoring and Reporting: Establish mechanisms to monitor and report on key risk indicators (KRIs) and other risk metrics. Develop risk dashboards and reports for senior management and the board of directors, providing insights into the organization's risk profile and progress in risk mitigation efforts.
• Risk Mitigation Strategies: Collaborate with department heads and cross-functional teams to develop and implement risk mitigation strategies and action plans. Recommend appropriate risk treatment options, such as risk avoidance, risk transfer, risk reduction, or risk acceptance
• Compliance and Regulatory Requirements: Stay current with applicable laws, regulations, and industry standards related to risk management. Ensure the organization's risk management practices and policies are in compliance with regulatory requirements and recommend improvements when necessary.
• Lead, co-ordinate and provide overall enterprise risk management and compliance to enable the business
• Establish clear accountabilities and competencies in systems of governance to lead the business to achieve it ERM objectives
• Drive and ensure an integrated ERM, Compliance support to enable business, support delivery on business objectives and enhance continuous improvement
• Direct and lead the planning, coordination and/or facilitation of strategic business risk reviews and key project risk managing across the business
• Training and Awareness: Develop and deliver risk management training programs to employees at all levels of the organization. Raise risk awareness, promote a risk-aware culture, and provide guidance on risk identification and mitigation strategies.
• Incident Management and Response: Establish procedures for reporting and responding to risk incidents, including the identification of root causes and the development of preventive measures. Coordinate incident response efforts and ensure proper documentation and communication of incidents and their resolutions.
• Continuous Improvement: Monitor and evaluate the effectiveness of the risk management framework and processes. Identify areas for improvement and implement enhancements to strengthen the organization's risk management capabilities.
• Lead and manage Enterprise Risk team to effective performance results

Professional Qualification and Certifications:

• Bachelor's degree in business administration, finance, risk management, or a related field. Advanced degree (MBA, MSc) and relevant certifications (e.g., Certified Risk Manager, Certified in Risk and Information Systems Control) are advantageous.

Work Experience:

• At least 8+ years’ experience with risk management skills.
• Prior experience in the Oil & Gas industry would be beneficial.

Knowledge and skills:

• Proven experience in enterprise risk management or a similar role, preferably in a complex organisational setting.
• Strong knowledge of risk management principles, frameworks, and industry best practices.
• Familiarity with regulatory requirements and standards related to risk management
• Analytical mindset with excellent problem-solving and critical-thinking skills. Ability to evaluate and assess risks, analyse data, and make informed decisions.
• Strong communication and interpersonal skills, with the ability to effectively communicate risk-related concepts to stakeholders at all levels.
• Ability to influence and collaborate with cross-functional teams, build relationships, and facilitate discussions to drive risk mitigation efforts.
• Experience in incident management, including incident response planning and coordination, is desirable.
• Proficiency in risk management software, data analysis tools, and MS Office applications.
• Attention to detail, strong organizational skills, and the ability to handle multiple priorities and deadlines.
• Ethical conduct and a high level of integrity.