Risk Manager - JHB at Innovation Group South Africa

Job Overview

We are currently recruiting for a detail orientated Risk Manager to join our Risk team based in Sandton, Johannesburg. The main responsibility of the role will focus on identifying, monitoring, and reporting on risks that may impact the organisation.

Education

• B. Degree or Equivalent NQF Level 7 Qualification in Risk Management
• Certification in IT Risk Management/ Cyber Security/ Other equivalent certification

Experience

• A minimum of 3 - 5 years' relevant industry experience (insurance, automotive, etc)
• 5 - 7 years' experience in a Specialist Risk Management role

Job Responsibilities

• Identify, record and consolidate all significant risks facing the organisation.
• In conjunction with business, develop and implement a control environment that can effectively mitigate the risks identified to the satisfaction of senior management.
• Work closely with business to co-create plans and remedial solutions and ensure proactive risk management is embedded in all their processes.
• Develop and maintain a risk reporting pack that provides Risk, Audit and Compliance Committee (including EXCO) with the required risk information and status to facilitate timeous and informed decision making.
• Establish risk awareness and understanding within the business.
• Co-ordinate internal, external audits, and client review outcome
• Identify, report, and mitigate risk ensuring processes are followed correctly to mitigate risk to the business.
• Identify and maintain the principal risks of the organisation and appropriately allocate risk owners.
• Conduct the risk management component of due diligence reviews on new clients as well as ongoing periodic reviews and monitoring of existing clients.
• Ensure appropriate governance, risk management and internal controls are in place internally and with clients.
• Apply specific technical and business insights in liaising with individual risk owners on a day-to-day basis to understand, manage and optimise end-to-end risk identification, assessment, monitoring, quantification, treatment and reporting processes.
• Maintain a risk management philosophy and culture within the organisation through awareness campaigns and training initiatives.
• Assist with the development of effective of Key Risk indicators.
• Implementation and maintain of all approved Risk Management Policies and Frameworks within the business.
• Evaluate the RAG status of all principal risks.
• Generate monthly and quarterly reports, providing insight into the status of all principal risks.
• Provide oversight on all risk events reporting (including remediation) within the organisation.
• Assist in ensuring the organisation complies with internal policies and all regulatory requirements in line with the Combined Assurance methodology.
• Continuously monitor and evaluate the overall risk profile across (with a specific inclusion of IT Risk) the organisation's risk spectrum for relevant department(s) to provide a combined assurance view.
• Conduct risk awareness and training campaigns within the organisation in line with identified skills gaps and compliance requirements.
• Conduct risk assessment of assigned department or functional area in established/required timeline.
• Provide guidance to the risk owners within business.