Manager Operational Risk (5 Years Fixed Term Contract) at Auditor-General of South Africa

Requirement Overview

• To perform operational risk assessments, with the objective of ensuring that risks within operations are identified, assessed, adequately mitigated and monitored. Furthermore, the manager: operational risk will develop processes, and plans to ensure that the broader risk management strategy is realised; and lastly, the role will assist the SM with design and implementation of risk management initiatives to ensure a robust risk management system

Roles & Responsibilities

• Roll-out/ implementation of the activities/ initiatives identified on the risk implementation plan
• The risk implementation plan is developed and approved annually. The plan outlines the activities the risk management functions will undertake over the year in pursuit of risk management objectives as articulated in the risk management strategy and policy.
• Maintain up to date and relevant operational risk profiles for the portfolios assigned, by
• Facilitate identification and assessment of operational risks,
• relevant root causes, current controls and future mitigations for the risks
• Monitoring implementation of mitigations for the gaps/ exposures noted
• Evaluating whether the mitigations identified and subsequently implemented are yielding the desired results
• Advise on the adequacy and effectiveness of organisational processes introduced to mitigate risks
• Provide advice with respect to organisational risks
• Continuously scan the internal and external environment AND analyze the risk landscape or environment, collect the required data from all relevant sources   and provide solutions thereof (ensure that the data is verified and is relevant/ fit for purpose)
• Provide periodic progress reports to management on the implementation of mitigating action plans and update the risk register as appropriate
• Assist management in setting the business unit specific risk tolerance/ appetite and establish related risk strategies and processes to manage the appetite    levels
• Periodically monitor the risk and incident reporting tool
• Analyze the risks and incidents reported
• Escalated reported cases to respective process owners
• Support process owners in developing appropriate responses to the reported risks and incidents
• Continuously follow-up with action owners on the responses agreed to
• Regularly provide feedback on the status of resolution of the reported risk and incidents to the individuals that logged the incident as well as to any other relevant reporting structure.

Stakeholder Engagement

• Develop and maintain a portfolio stakeholder interaction and communication plan.
• Develop a thorough understanding of the needs of the different risk management stakeholders.
• Develop programs and initiatives to address the needs of the stakeholders.
• Communicate risk management strategies with all stakeholders.
• Provide advice on the application of best practice principles to stakeholders.
• Develop and maintain good working relations with assigned Risk Champions.
• Ensure that Risk Champions have an appropriate understanding of the activities that they are required to undertake in support of risk management function.
• Regularly develop presentations and training materials for roll-out at workshops, induction sessions, etc.
• Liaise with other risk and ethics function personnel to ensure the achievement of the business unit's goals and objectives.

Ad-hoc projects

• Perform any other ad-hoc project/ request as requested by line manager.

Financial Management

• Assist in managing and reporting on the centre budget in accordance with the approved finance policies.

Ad hoc projects

• Perform all SM and BUL’s projects as and when required. 
• Skills, Experience & Education

Formal Education

• Degree in Commerce, ethics, risk management, project management, strategy or appropriate qualification advantage.
• Knowledge of ISO 31000, and COSO framework will be an Familiarity with the public sector will be beneficial advantage. 
• Exposure to SOQM and other financial sector compliances will be an advantage. 

Experience

• 3-5 years’ experience in governance, and risk, or related environment.
• 3-5 years’ experience conducting risk assessments.

Closing date: 11 April 2026