Officer: Risk and Compliance at FoodBev Manufacturing SETA

Role purpose

Responsible for assisting in carrying out risk and compliance assessments/ reviews to analyse areas of potential risk and make appropriate recommendations and reports.  
 
Specific duties:

Perform risk identification and reporting duties.

•  Assist in identifying portfolio, operational, systems, resourcing and reputation risks and provide recommendations to reduce / control identified risks.
•  Identify opportunities for business process improvement through leveraging on technology and systems to support the risk management process in the organisation.
•  Present ideas through reports/presentations/regular feedback outlining findings and providing recommendations on mitigating potential risks.
•  Enumerate appropriate quantitative and qualitative portfolio risk measures.
•  Review and provide recommendations/ amendments on risk trends.
•  Prepare quarterly reports on risk assessment.
•  Assist Manager: Risk and Compliance and in coordinating changes to Fraud and Corruption Prevention Plan and other relevant Risk and Compliance Registers. 
•  Implement incident monitoring process to ensure business are improving controls around reported risk events.
•  Investigate and coordinate responses to queries and issues, implementing action plans for gaps identified and finalising reports.
•  Manage and oversee the monitoring of non–financial compliance requirements.
•  Follow up with business on action plans for outstanding audit issues.

Perform Risk Administration Duties

•  Enforce, implement and train staff on risk policies and procedures.
•  Assist in conducting quarterly risk reviews.
•  Assist in conducting regular business continuity tests.
•  To assist in conducting risk assessment to analyse areas of potential risk in the business support processes and reports on organisational potential risk areas and weaknesses.
•  Carry out investigations on risk profile to certify that the company risk standards and criteria are met.
•  Follow company policies and procedures for documenting incidents.
•  To document and ensure communication of key risks.

Perform Compliance duties

•  Provide assistance in monitoring compliance and risk in organisation and provide immediate feedback on any anomalies to management.
•  Manage oversight of incident management process and ensure that business is reporting significant risk event to Risk and Compliance Unit. 
•  Coordinate with the Manager: Risk and Compliance to ensure compliance with the Fraud Management Plan 
•  Assist Manager: Risk and Compliance in coordinating responses to compliance and performance audits that are conducted by internal and external auditors.
•  Investigate and coordinate responses to queries and issues, implementing action plans for gaps identified and finalising reports.
•  Follow up with business on action plans for outstanding audit issues.
•  Overall responsibility for monitoring compliance against the requirements of organisation’s SOP and policies and ensure reviews are conducted accordingly aligning to business requirements.
•  Carry-out periodic departmental audits of compliance with company procedures.
•  Conduct periodic audits of department operations to ensure compliance with the standard operating procedures and the set guidelines.
•  Liaise with legal experts to ensure compliance with statutory / regulatory guidelines under SA Laws including Skills Development Act.
•  Assist the manager in analysing, monitoring and preparing draft reports on the status of initiatives and key projects.

Perform Administrative duties

•  Keep all risk and compliance registers are up to date.
•  Deliver quarterly reports timeously without any errors.
•  Provide monthly departmental reports.
•  Ensure risk and compliance documents / SOP’s are continuously updated and communicated with the business.
•  Maintain input / data quality of risk and compliance management systems.
•  To ensure all filing are done in a structured and orderly manner to find information easily (both manually and electronically).

Requirements

Competencies required:

• Excellent, listening, written and verbal communication skills
• Excellent stakeholder management
• Highly collaborative, transparent and efficient
• Highly analytical on conceptual and detailed level
• Innovative / resourceful / problem solving & deadline driven
• Strong ability to create and maintain high quality documents (charts, workflows, spreadsheets, etc)
• Positive, results-driven and solution minded team player
• Sound decision making skills
• Self-managed
• A flexible approach and the ability to work under pressure
• A sound knowledge of end-to-end operational processes
• A good team player

Qualifying Criteria

• Minimum 2 - 5 years’ experience as a Business Analyst, experience in investment administration and exposure to clients and operations processes
• Proven experience in Agile delivery method
• Previous Product Owner experience will be advantages
• Accredited BA course