Head Risk and Compliance at Metropolitan Trading Company (MTC)

Educational Requirements and Experience 

• Bachelor’s degree in Compliance and Risk Management/ B.A Degree in Internal Audit (NQF Level 7) and a Certification from the Institute of Risk Management South Africa/ Certification from the Institute of Internal Audit 
• The incumbent must be a qualified Risk Practitioner 
• Eight (8) years of ICT experience in Risk Management of which at least 5 years has been at a senior level experience. 
• Must be able to work under pressure. 
• Confidence to implement best practices. 
• Judgement to balance compliance Risks and Mitigations 
• Excellent Communication skills, both Written and Verbal 
• Excellent proven Organizational Skills 
• Must have driver’s license. 

Job Description:

• Lead the development of the Risk Management Strategy to determine risk appetites and risk limitations to drive operational and strategic risk management. 
• Oversee the development of risk policies aligned to the Risk Management Strategy 
• Manage the development and implementation of risk framework aligned to the Risk Management Strategy 
• Develop and implement risk assessment processes and plans for the organization. 
• Determine risk exposure and manage a Risk Register to identify classes / sources of risk.
• Oversee the implementation of a fraud prevention operating model. 
• Support and advice management in ensuring good governance and general compliance with law. 
• Provide general legal advice and/or opinion to units of MTC, executive management and the Board. 
• Review legislations affecting the MTC and recommend the necessary amendments to the Shareholder. 
• Provide compliance analysis and support for department/corporate issues/questions/ projects. 
• Conduct compliance awareness sessions. 
• Prepare risk reports for presentation to the relevant stakeholders to feed back on the organization’s risk profile. 
• Prepare reports on compliance and submit through to the relevant key stakeholders. 
• Conduct risk mapping using the strategic, key operational and business unit-level risk profiles to establish what risks are assured and by whom and what risks should be assured and by whom. 
• Design the blueprint for the combined assurance which includes the risk-based assurance coverage, analyzed per assurance provider and management/ governance committee responsible. 
• Co-ordinate information from the various assurance providers and verify the accuracy of the information. 
• Evaluate the adequacy and effectiveness of controls based on audits conducted to provide a written assessment to the Board. 
• Evaluate internal financial controls to provide a written assessment to the Audit Committee.