Risk Manager at FEM

Job Description

• Applications are invited for a Risk Manager position in Head Office. Reporting to the Senior Risk and Compliance Officer, the primary purpose of the position is to lead and embed the risk management framework at an enterprise level.

Responsibilities:

• Providing second line oversight and challenge over all aspects of risk management, including risk identification, assessment, management, monitoring, and reporting
• Developing and implementing the Risk and Control Self-Assessment (RCSA) process
• Reviewing and updating Key Risk Indicators, risk registers, risk appetite targets and metrics
• Owning the incident management process and actions tracking, this includes operational incidents, fraud incidents etc
• Overseeing the Business Continuity Management (BCM) framework
• Drafting risk reports for management and board subcommittees
• Reviewing risk management policies and procedures
• Providing staff training on risk-related matters
• Participating in special projects, committees, and meetings as required
• Assisting the Senior Risk and Compliance Manager with various tasks as needed
• Implementing a risk management system

Education and Experience Requirements

Minimum:

• Bachelor’s Degree  (or equivalent), Post Graduate Diploma/ Honours Degree with more than + 8 years’ risk experience and registered with Institute of Risk Managers South Africa or
• Risk Management/ Risk Relevant degree with + 8 years’ experience.  of relevant experience in enterprise risk management or related fields
• Experience with building risk management frameworks

Preferred:

• Recognised enterprise risk management designation or education
• Member of the Institute of Risk Management South Africa (IRMSA)
• Experience with deploying risk management software

Skills and Abilities

• Strong oral and written communication skills
• Ability to communicate effectively with stakeholders at all levels
• Ability to deliver results on a timely basis
• Ability to work autonomously within a hybrid work environment
• Advanced analytical and problem-solving skills
• Ability to identify and resolve technical, operational, and organisational issues
• Ability to manage multiple tasks and projects simultaneously, including the ability to handle changing priorities
• Ability to foster a risk-aware culture
• Ability to learn quickly and establish relationships with key stakeholders
• Strong PC and technical skills, including spreadsheet and presentation software

Knowledge and experience:

• Development and implementation of operational risk management framework including risk and control self-assessments and key risk indicators
• Incident management
• Business continuity management
• Microsoft Office Suite - Advanced
• Stakeholder relationship management
• Knowledge of ISO 31000
• Combined assurance
• Experience with risk management systems (e.g. Cura /other)
• Knowledge of the Insurance Act and COID Act
• Knowledge of ISO 31000
• Knowledge of GOIs issued by the Prudential Authority that are risk related