Risk Manager at Hollywoodbets

Responsibilities

• We have an amazing opportunity for a Risk Manager to be based in Umhlanga, Durban. Do you think you have what it takes to be our newest Purple Star?

You Bring:

• 2 -3 years relevant experience in Risk Management, Internal Audit or Accounting
• Computer literate
• Valid driver’s license

A bonus to have:

• Completed Degree in Risk Management or an equivalent
• Honors’ Degree in Risk Management/ Accounting 
• Risk Management Certification [Registered with The Institute of Risk Management South Africa (IRMSA)]
• Proficiency in established risk management methodologies and frameworks (e.g., COSO Enterprise Risk Management 
• Framework, ISO 31000 Standard, King IV, etc.) 
• Experience working with an ERM Software (e.g., LexisNexis) 
• Proficiency in MS office tools – Excel, Power point, Word 
• In-depth knowledge of sports betting markets, including odds calculation, betting types and market trends (Advantageous)
• Previous experience in the online gaming industry, with a strong understanding of player behaviour and industry regulations 
• Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards 

What You’ll Do For The Brand:

Risk Identification and Assessment:

• Proactively identify, evaluate, and assess risks across the gambling business, including operational, financial, regulatory, and reputational risks.
• Conduct regular risk assessments, using qualitative and quantitative methods to ensure the company’s risk appetite is within acceptable thresholds.
• Analyze risk data and develop reports to identify emerging risks and their potential impact on business objectives.
• Assist the Risk Officer with ensuring that risk management processes are appropriately enforced in line with the organizational policies and procedures.

Risk Mitigation:

• Develop and implement risk mitigation strategies and controls to minimize potential losses or damage.
• Collaborate with key stakeholders, including senior management, to ensure that effective risk management practices are integrated into all business processes.
• Ensure that business units comply with risk management policies, procedures, and controls.
• Oversee major incident and events and ensure that appropriate escalation takes place and mitigation activities are implemented.
• Undertake periodic risk assessments working with the various Business Unit Risk Officers and ensure that the risk registers are kept up to date.
• Develop and maintain monitoring plan to ensure coverage of key internal controls.
• Track feedback on results of monitoring activities to enhance relevant risk control environment.

Governance and Compliance:

• Monitor the gambling industry’s regulatory landscape and ensure the company adheres to all relevant laws, including those related to responsible gambling, data protection, and financial regulations.
• Maintain up-to-date knowledge of industry trends, changes in regulations, and risk management best practices in the gambling sector.
• Review and maintain risk management documentation such as the risk appetite statement, risk taxonomy, risk policies, etc.
• Facilitate reviews of the risk appetite statement to ensure it remains appropriate and recommend changes to the Board, where this may be required.

Reporting and Communication:

• Prepare and present regular risk reports to senior management, including the Chief Risk Officer (CRO) and the Risk Management Committee.
• Ensure timely communication of identified risks, mitigation measures, and outcomes to relevant stakeholders.
• Provide advice and guidance to senior leadership on risk-related matters and influence strategic decision-making.
• Monitor the appropriate key risk indicators together with associated tolerances, limits and related reporting.
• Liaise with and exchange information with the other assurance providers (e.g., Internal Audit and Regional Risk teams) as part of the three lines of defence model.

Training and Awareness:

• Train and mentor junior risk team members and business units on risk management best practices and regulatory compliance requirements.
• Promote a culture of risk awareness across the organization.
• Lead initiatives to foster an ethical and transparent workplace culture.

Continuous Improvement:

• Lead continuous improvement initiatives within the risk management framework and processes.
• Identify opportunities for enhancing the company’s risk management tools, systems, and methodologies.
• Critical review of existing and/or development of new risk reports to ensure that they are suitable and useful to aid in decision making.

Business Continuity and Crisis Management:

• Play an integral role in crisis management efforts, ensuring that risk management practices are in place to respond to sudden and unforeseen events effectively.

Behavioural Skills and Competencies:

• A strong team player, who is comfortable working collaboratively, virtually and independently.
• Excellent written and verbal communication (English), interpersonal and organizational skills.
• Ability to manage and execute multiple complex projects within required timeframes, ability to manage evolving priorities effectively whilst delivering quality output.
• Positive, solution driven attitude; ability to consider options, consult, decide upon and then act.
• Ability to synthesize complex information into simple, high impact messages and influence stakeholders.
• Curiosity and willingness to try new things and grow the skillset.
• Ability to work in a fast-paced, changing environment and respond to emerging priorities.

People Management:

• Manage team’s performance in achievement of business objectives.
• Work effectively and efficiently with teams that are committed to organizational goals and initiatives.
• Identification of training as and when needed for team members.
• Adequate recognition of team member efforts and motivation of team members.
• Sustainable morale and team building. 
• Monitoring of team member productivity, punctuality, breaks and smoke breaks etc.
• Promotion of a healthy, productive and fair work environment.
• Adhere to the principles of an ethical, honest, transparent, fair work environment
• Communicate in a professional manner.  
• Conduct performance review and promote a culture of compliance and integrity within the team  

Compliance, risk, and quality:

• Creating, maintaining, and enforcing company policies and procedures.
• Compliance with health and safety regulations (where applicable).
• Compliance with relevant laws, regulations, and affiliated professional standards.
• Regular risk assessments and maintenance of the risk register 
• Intense focus on quality with regards to communication, capturing, documentation etc.
• Ensure logical saving of all work, templates, etc. monthly and yearly such that each year’s financial records can withstand scrutiny when enquiries/ investigations/audits take place.
• Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models/recons/audits - of which is substantiated by facts with no numbers in the formulas.
• Ensure the above (final version) and other documents are chronologically saved/backed up.
• Effectively deal with internal, external, SARS, BEE, and any other auditor/regulatory/oversight body in the normal course of business.
• Report suspicious behavior and fraud findings immediately.
• Promote declaration of all gifts.
• Promote non acceptance of kickbacks. Instances to be reported immediately.
• Promote declaration all conflicts of interest upfront.
• Promote a culture of confidentiality within the business with regards to the protection of personal information.
• Promote the Code of Ethics (Integrity, Objectivity, Confidentiality and Competence).
• Ensure all personal information of employees, customers and suppliers and other stakeholders is not shared and is maintained in a secure environment.
• Stay updated with changes in the relevant industry and changes to relevant Acts/Regulations.  

Growth and new markets/products:

• Source new products/innovations/robotics/artificial intelligence/predictive analysis/predictive analytics.
• Development of existing products/software.
• Ensure that measures are put in place and steps are taken to achieve short term, medium-term, long-term goals of the broader group.
• Assist with company projects or lead company projects as allocated from time to time.
• Drive continuous improvement initiatives based on industry best practices and regulatory updates.

What You’ll Bring To The Team:

• Follow process in order to ensure high quality output
• Ensure deadlines are met by using effective planning
• Approaches own work with dedication and high sense of responsibility
• Reporting

Apply Before 05/04/2026