Executive: Risk Management at Telkom

Core Description

• Accountable to facilitate the execution of Enterprise Risk Management processes and infrastructure as a key enabler to achieving objectives of the Telkom Group.
• The key focus is to identify external and internal risks, evaluate likely effect of these risks, introduce control measures, monitor and evaluate success of these measures.
• This also include integrating ERM processes within strategy setting of the Group and its subsidiaries where appropriate.

Job Responsibilities

• Implement Enterprise Risk Management Strategy
• Implement and maintain a strategically focused and effective ERM system and process
• Support establishment of a framework for risk management, which involves identifying particular events or circumstances relevant to the organisation's objectives (risks & opportunities), assessing them in
• Create and maintain a conducive legislative environment aligned with relevant legal requirements and acts to ensure implementation of internal controls for compliance purposes
• Ensure that proper insurance coverage of the organisation is in place
• Operational Quality Assurance - verifies operational output is within tolerances
• Apply a risk based approach to financial reporting
• Create and document unified business continuity and disaster recovery strategies, plans, processes and procedures
• Build Strategic Relationships with Relevant Stakeholders
• Establish and maintain productive relationships with key role players and stakeholders within the Telkom Group structure
• Establish and maintain strategic relations with external stakeholders
• Ensure clear, concise and timeouts communication
• Maintain an effective joint liaison with management
• Negotiate and influence at the highest levels of the organisation
• Risk Management - Plan, design and implement an overall risk management process for the organisation by developing operational models
• Risk Assessment which involves managing the process of analysing upside and downside risks as well as identifying, describing and estimating the quantitative and qualitative risks affecting the business
• Risk evaluation which involves comparing estimated risks with risk criteria established by organisation such as costs, legal requirements and environmental factors
• Risk reporting in an appropriate way for different audiences
• Risk treatment by selecting and implementing measures to control and mitigate risks including activities to avoid risks, transfer risks and finance risks
• Monitor and review processes to ensure risk and compliance arrangements are in place
• Provide support, educate and train staff
• Provide an independent view regarding proposed business plans and transactions
• Risk reporting to the board of directors regarding most significant risks
• Risk reporting to business heads to ensure they are aware of risks relevant to their parts of the business
• Risk reporting to individuals to understand their accountability for individual risks
• Perform gap analysis
• Compile business plan
• Create scenarios
• Measure and report performance
• Support investor communications
• Provide Team Leadership
• Engender a philosophy and culture of total ownership and responsibility for excellence by ERM staff i.r.o. the strategy and operational activities

Core Competencies

Knowledge

• Corporate Governance Practice; International Regulatory Environment; ICT Environment; Business Continuity Mgt Std & Principles; National Disaster Management Framework; Business Operations; Corporate Governance Codes; Enterprise Legal Environment & Statutory Bodies; JSE Functioning, Req and Obligation; Risk Management Principles & Practices; Insurance Management

Skills

• Analytical; Change Management; Project Management; Relationship Building; People Management; Financial Analysis & Reporting

Certifications

• None

Education

• NQF 8: Honours Degree

Experience

• 8 Years relevant experience, of which at least 3 years on senior management level

Additional Information

Special Requirements

• None

Physical Requirements

• None

Key Stakeholders

• Telkom Group Service Organisations
• Telkom Business Units
• Executive Management
• Relevant Telkom Group & Business Unit Committees
• Other relevant external stakeholders
• TERMC
• EXCO
• ARC
• Board of Directors
• Business Heads
• Employees