Enterprise Risk Mana....
Enterprise Risk Management Specialist Public Sector
Posted on :
07-02-2024
Employer Active
1 Vacancy
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Jobs by Experience
5years
Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
07-02-2024
Job Description
Req ID : 2506509
Enterprise Risk Management Specialist
Dept: Legal Risk & Compliance
1st line manager: Senior Manager: Legal Risk & Compliance
2nd line manager: CEO
Overall Purpose of the Job
To effectively manage the risk frameworks within the MDDA so that risks are identified assessed and managed in the context of achieving the Agency s objectives and meeting legal regulatory contractual and policy requirements.
Key Performance Area / Main Output
Operational Planning & Implementation
Contribute towards the development of the departmental strategy and annual performance plan
Develop the annual operating plan for Risk Management in consultation with the line manager and manage the implementation therein
Keep abreast of the applicable legislation and regulations to ensure compliance and support decision making
Report and provide feedback to the line manager on the performance of the unit
Risk Management
Develop and maintain the enterprise risk management framework to identify measure and mitigate all risks
Continually assess and review the enterprise risk control framework
Conduct gapanalysis to provide input towards the development and maintenance of risk management policies strategies and frameworks
Identify enterprisewide risk exposures and ensure these exposures are quantified documented and communicated
Coordinate and facilitate risk assessments to assess the degree of risk inherent to business activities procedure and guidelines
Develop and implement the Business Continuity Management (BCM) Programme (i.e. BCM Policy BCM Framework Business Impact Assessment Business Continuity Risk Identification and Assessment Business Continuity Management Plans)
Coordinate business Impact Analysis review for all departments.
Develop and maintain risk registers and undertake a regular riskfocused review of all operational risks resulting from inadequate or failed internal processes people and systems or regulatory requirements
Conduct quarterly monitoring of identified risks risk mitigation plans and update risk registers accordingly.
Participate and provide risk support on prioritised projects to identify and escalate project risks (i.e. project risk register)
Develop and maintain standards and practices relating to risk governance and effectively implement them throughout the client.
Develop Agency Risk Appetite Policy Governance and Managerial Governance Framework
Support the maintenance of risk related Mandates and Charters and ensure their ongoing relevance.
Coordinate and facilitate training education and awareness campaigns to promote a riskaware and compliance culture within the clients business.
Conduct research and benchmarking and recommend leading practice around risk management and risk governance to ensure sustainability of risk management interventions.
Provide administrative and risk governance support for the Audit & Risk SubCommittee of the Board and the Risk Management Committee and related subcommittees.
Maintain the updated risk software with current strategic and operational risks; and create maintain and regularly update risk registers onto the risk system
Risk Reporting
Compile monthly and quarterly risk reports for submission to the line manager for approval for submission to Exco and the Audit & Risk Subcommittee
Prepare risk reports as and when required for the various committees
Monitor and report to the various departments on their risk status
Assess the adequacy of the risk management reviews from the reports and monitor compliance with and the implementation of the risk management initiatives
Stakeholder Relationship Management
Manage sound working relationship with key external stakeholders i.e. legislators regulatory authorities media and other relevant stakeholders
Provide expert advice to Executive Management on risk mitigation matters
Fraud Prevention Management
Develop and implement the Fraud Prevention Strategy in line with our clients strategic objectives
Develop and implement the annual Fraud Prevention Plan policies and procedures
Coordinate and facilitate training education and awareness campaigns on fraud prevention
Maintain the Donations and Gifts Register
Coordinate and interrogate the annual declaration of interest process
Budget Management
Prepare the annual budget for the area of responsibility in accordance with financial policy and procedures
Monitor expenditure against approved budget providing variance analysis and monthly reporting
Plan for procurement in compliance with supply chain prescripts
Authorise expenses aligned to the approved budget as per Delegation of Authority
Manage unit assets in compliance with the supply chain policy
Requirements
Education (Formal Qualification Required):
Min: NQF Level 7 Qualification in Risk Management or relevant
Adv: NQF Level 8 Qualification in Risk Management or relevant
Experience (Experience Required Number of years)
5 years of experience in risk management or related field such as auditing compliance fraud management etc in the public sector.
Other: Required to travel.
Education (Formal Qualification Required): Min: NQF Level 7 Qualification in Risk Management or relevant Adv: NQF Level 8 Qualification in Risk Management or relevant Experience (Experience Required - Number of years) 5 years of experience in risk management or related field such as auditing compliance, fraud management, etc, in the public sector. Other: Required to travel.
Employment Type
Full Time
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