Risk Manager - VKB Risk Management, Head Office Reitz at VKB Group

Job Description

• The Risk Manager is responsible for assisting management through forward-looking analysis and scenario planning, while establishing, maintaining and continuously enhancing the VKB Group’s Enterprise Risk Management (ERM) framework as an independent governance function.
• The role provides oversight of strategic, operational, financial, regulatory and emerging risks across the Group, enabling informed decision-making and supporting the achievement of business objectives.
• The incumbent will drive the integration of scenario planning and risk management practices into strategic planning and operational processes, promote a strong risk-aware culture, and ensure that risk management activities align with governance, regulatory and industry best practices.

Requirements

• Bachelor’s degree in Finance, Accounting, Risk Management, Law, or a related field
• Relevant qualifications in Risk Management or related disciplines
• Minimum 5 years’ experience in Enterprise Risk Management, Operational Risk Management, Governance, Risk Advisory, or Financial Risk Management within complex organisations
• Demonstrated experience in developing, implementing, or enhancing Enterprise Risk Management frameworks and risk governance processes
• At least 3 years’ experience in a senior managerial or leadership role
• Strong interest in financial analysis, business performance, strategic thinking and scenario planning
• Proven experience with compliance, governance and risk frameworks
• Ability to interpret data and translate it into meaningful business insights
• Proficient in Microsoft Office, particularly Excel
• Proficient in both Afrikaans and English
• Valid Driver’s License
• Willingness to travel

Key Duties and Responsibilities

• Develop, implement and maintain the VKB Group’s Enterprise Risk Management (ERM) Framework
• Facilitate the identification, assessment, monitoring and reporting of strategic, operational, financial, compliance and emerging risks across the Group
• Develop and monitor risk management methodologies, policies, frameworks and reporting standards
• Coordinate and consolidate enterprise-wide risk registers and risk reporting processes
• Establish and monitor Key Risk Indicators (KRIs), risk appetite statements and risk tolerance levels
• Ensure alignment with applicable regulatory, compliance and governance requirements
• Support Executive Management, Risk Committees and the Board through insightful risk reporting and analysis
• Conduct forward-looking analysis and scenario planning to identify potential risks and opportunities
• Identify emerging risks, trends and opportunities that may impact the achievement of strategic objectives
• Promote, embed and continuously strengthen a proactive risk-aware culture throughout the organisation
• Collaborate with Assurance Services, Compliance, Legal and operational management to ensure a coordinated governance approach while maintaining functional independence
• Prepare detailed reports and presentations for Executive Management, Risk Committees and the Board

Key Skills

• Critical thinking
• Analytical thinking
• Strong financial and business acumen
• Scenario planning and strategic thinking
• Excellent communication skills, both verbal and written
• High attention to detail
• Strong leadership and interpersonal skills
• Ability to influence and engage stakeholders across all levels of the organisation
• Strong reporting and presentation skills

Advantageous

• Membership of or certification through IRMSA or a recognised risk management professional body
• Scenario planning experience
• Knowledge of ISO 31000 Risk Management principles
• Knowledge of King V governance principles
• Experience presenting risk reports to Executive Management, Risk Committees and Boards

Closing Date 31 August 2026