Job Title: General Manager: Enterprise-Wide Risk Post Level: TASK 18 Department: Enterprise-Wide Risk Reporting Line: Chief Risk Officer Subordinates: Four Location / Centre: Sandton Contract Type: Full time Purpose of the Role The purpose of the role is to lead the design and implementation of an integrated strategy, risk, governance and compliance policy and framework as well as institutional cooperation to enable effective delivery of NHFC policy objectives, support optimized performance and ensure all statutory and other legal requirements and obligations are met. Strategic Direction and Risk Framework Provide strategic direction to the development of Enterprise-Wide Risk Strategies and EWR Policies. Oversee the development of a comprehensive integrated risk policy framework that will guide NHFC’s operations. Ensure compliance with applicable industry best practices and global regulatory guidelines. Lead Risk Framework Components – enhance, build or expand risk identification, risk scoring, risk appetite, risk reporting infrastructures, including relevant programs and processes across the department. Lead ERM special projects such as corporate educational risk training, expanding risk automation tools, maintenance of ERM policies and documentation, and activities focusing on the advancement of risk accountability and culture. Lead the implementation of the NHFC’s Risk Management Policy Framework as periodically revised and approved by the Board of Directors while ensuring that the key risks of credit, market, operational are identified, assessed, measured, controlled and managed prudently. Lead the development of appropriate initiatives to mitigate the risk exposure level to the emerging risk of the NHFC. Enhancement and strengthening of the NHFC’s risk management framework. Oversee policy development pertaining to ethics, security guidelines, quality management, human resources, environmental and regulatory requirements. Lead the integrated strategy, risk and governance framework as well as institutional co‑operation to enable effective organizational policy objectives, support optimized performance and ensure all statutory and other legal requirements and obligations are met. Build Robust Risk Management Framework Build a robust risk management framework and architecture for the NHFC and managing the organization-wide risk. Coordinate with the executive team, the development and maintenance of the risk framework. Direct the identification of real and potential risk emerging from organizational structure or process changes, new technology, or new activities, appropriately targeting risk mitigation strategies. Ensure that the team is monitoring the risk register and any potential changes in the environment which affect the risk profile. Develop, manage and refine qualitative and quantitative risk reporting in all risk areas which meets the needs of Exco. Lead the effective implementation and ongoing evaluation of the risk management framework, compliance and assurance systems, and decision‑making protocols to enable continuous improvements in performance and minimization of risk. Contribute to strategic planning processes to ensure that plans are informed by high‑quality governance, compliance and risk management advice. Identify controls and evaluate control strength as indicated by 1st line to manage department risks in order to ensure they are reviewed and maintained regularly. Facilitate regular risk assessments and assist in the setting of operational risk appetite and tolerance levels with business. Monitor control effectiveness through established business processes to enable early detection of potential risk and corporate liability. Conduct regular stress testing and scenario analysis. Support management of relevant departments in identifying solutions to identified risks. Propose action plans in order to minimise the impact on profitability in collaboration with departments. Identify current/actual and emerging risks through evaluating both the internal and external risk environment on a continuous basis. Audit Management Ensure ongoing research and development on organizational related processes and general audit business processes. Ensure the approval of, and implementation of the internal audit plan. Assist with the planning of the internal audit plan for the year in collaboration with outsourced internal audit function and internal stakeholders by attending the scoping meeting, reviewing the scoping letter and ORCA. Communicate the internal audit plan to relevant Risk Owners and provide clarity in terms of expected engagement and outcomes as per the audit plan. Facilitate the process of obtaining approval from the relevant risk owner/process owner on audit reports. Collate, review and recommend the audit report for approval. Monitor the progress of the implementation of significant and non‑significant findings. Fraud & Compliance Develop a Fraud Strategy, Governance and Policy, devising roadmaps, frameworks and structure related to the detection and prevention of fraud. Develop strategies and techniques to continuously monitor Fraud Risk. Develop Fraud Risk Policies and Procedures. Develop Fraud Risk Assessment Reports/Matrix, document the risk assessment process and conclusion. Prepare and implement fraud risk action plan. Educate the executive team on Fraud Risk Management best practices to enhance Fraud Risk Awareness/Culture. Assess whistle blowing reports and institute investigation where appropriate. Coordinate material investigations through external forensic investigations and recommend to management remediation required. Report quarterly to the EXCO Committee on the quantity and nature of incidents reported through the whistle blowing hotline, status and outcomes of investigations and remediation steps implemented. Business Continuity Management Lead the business continuity by highlighting the BCM risks. Conduct operational risk assessments for BCM. Conduct policy & framework with excess to the business process. Monitor compliance & policy framework. Insurance Management Attend periodically Asset Liabilities Committee (ALCO) meetings to discuss the company’s risk profile with Management Staff. People Management & Empowerment Seek opportunities to increase personal contributions and level of responsibility. Build and maintain a high performance culture through effective performance management and communication with NAMC employees. Provide clear leadership, promote and foster a team culture consistent with the NAMC’s values. Establish a positive, healthy and safe work environment in accordance with all appropriate legislation and regulations. Support and respect the individuality of others and recognize the benefits of diversity of ideas and approaches. Delegate and empower employees to increase contribution and level of responsibility. Apply labour and employment legislation and regulations consistently. Facilitate team goal setting and problem solving. Provide developmental feedback in accordance with performance management principles. Manage conflict through a participatory transparent approach. Sign performance agreements/contracts by end April each year. Ensure that staff morale remains high. Ability to provide advice on regulatory requirements. Ability to facilitate the management of risk within the organisation. Ability to develop and implement risk and compliance processes and procedures. Ability to ensure that risk standards and procedures have been adhered to. Ability to monitor and report on compliance. Ability to provide monthly reports on risk. Qualifications & Experience Master’s degree in Commerce, Risk Management or relevant qualification. MBA will be an added advantage. Member of a professional governance body such as IRMRSA. Thorough knowledge of the relevant industry/sector as well as knowledge of regulatory requirements affecting the relevant sector. Minimum of ten (10) years’ experience in Risk Management, five (5) of which must have been at a managerial level. Proficiency in governance, control and risk. Competencies Job Specific Competencies Analytical Skills Build Collaborative Relationships Communication Skills Corporate Governance Financial Management Job Knowledge/Technology Negotiating & Problem Solving Results Orientation Risk Management Compliance Business Continuity Audits Insurance Financial Planning & Budgeting Fraud & Corruption Financial Risk Management Attributes Attention to Detail Continuous Learning & Development Initiative Professionalism Quality Management/Assurance Values and Ethics #J-18808-Ljbffr