Chief Risk Officer

Motor Industry Fund Administrators; Gauteng; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

A leading organization in the financial sector seeks a visionary Chief Risk Officer (CRO) to join its Executive Team in Gauteng. The ideal candidate will have a Master’s Degree and extensive experience in risk management, especially within financial services. The role involves crucial leadership in Governance, Risk, and Compliance, aligning strategies with regulatory standards and engaging with stakeholders to optimize processes.

Qualifications

• Master’s Degree or equivalent in Risk Management, Compliance, Internal Audit, Accounting, or Finance.
• Professional membership with IIRMSA or IIA.
• 10–12 years of experience in risk management or governance, preferably in financial services.
• Minimum 8 years in a senior leadership position.
• Strong knowledge of statutory governance standards.

Responsibilities

• Lead the Governance, Risk, and Compliance (GRC) function.
• Align risk strategy with regulatory requirements.
• Engage with stakeholders and provide strategic leadership.

Skills

Leadership

Stakeholder engagement

Strategic planning

Analytical skills

Communication skills

Risk quantification

Compliance knowledge

Business process optimisation

Internal audit experience

Education

Master’s Degree or equivalent NQF Level 9 qualification

Job description

Job Purpose MIFA is seeking a visionary and experienced Chief Risk Officer (CRO) to join its Executive Team and lead the Governance, Risk, and Compliance (GRC) function. This executive role is pivotal in aligning MIFA’s risk strategy with regulatory e...

Skills and Competencies Required

• Exceptional leadership and stakeholder engagement abilities.
• Strong strategic planning, analytical, and communication skills.
• In-depth knowledge of risk quantification, compliance, and operational processes.
• Experience in business process optimisation and internal audit.
• Ability to work at both strategic and operational levels

Minimum Requirements

• Master’s Degree or equivalent NQF Level 9 qualification in Risk Management, Compliance, Internal Audit, Accounting, or Finance.
• Professional membership with bodies such as IIRMSA or IIA.
• 10–12 years of experience in risk management or governance, preferably within the financial services sector.
• Minimum 8 years’ experience in a senior leadership position
• Strong knowledge of statutory governance, including King IV, the Companies Act, and relevant risk standards (e.g. ISO).