Senior Manager: Group Enterprise Risk Management at The Foschini Group

The Foschini Group; Parow; On-site; ZAR 40 000 - 80 000; Full time

Job summary

An established industry player is seeking a skilled Enterprise Risk Manager to enhance and implement risk management strategies. In this pivotal role, you will drive a risk culture within the organization, ensuring effective communication and collaboration across departments. You'll be responsible for developing and executing the enterprise risk strategy, maintaining risk documentation, and compiling assurance reports for leadership. This position offers a unique opportunity to impact the organization significantly while working in a dynamic and supportive environment. If you have a passion for risk management and a proactive approach, this role is perfect for you.

Qualifications

• 4-6 years of experience in Enterprise Risk Management.
• High understanding of risk management frameworks and processes.

Responsibilities

• Maintain and enhance the Enterprise Risk Management framework.
• Compile monthly assurance risk reports and manage committee meetings.

Skills

Enterprise Risk Management

Leadership

Communication Skills

Project Management

Problem Solving

Education

Relevant Business Degree

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Package & Remuneration
JOB DESCRIPTION

Key Functions and Requirements
Main functions

Enterprise Risk Strategy and Framework Development and Deployment
- Maintain, enhance, and effectively communicate the Enterprise Risk Management framework.
- Drive effective execution of the enterprise risk strategy and framework, aligned to business specific requirements, in line with the risk appetite statements and Group policy.
- Continuously improve the existing framework to ensure consideration of emerging risks and threats.
- Participate in the development and annual improvement of the Group's enterprise risk management strategy, framework, policies, and standards.
- Manage the development and execution of the risk assessment standard across the organisation.
- Undertake research on best practices on enterprise risk implementation through interaction with various risk management committees / bodies / structures and other stakeholders.
- Maintain head winds and tail winds KRI's against Group strategy

Embed Enterprise Risk Management Framework Within the Organisation
- Drive a risk culture in the business through challenging discussions and communication.
- Ensure that appropriate risk management policies and procedures are in place and updated as required.
- Ensure emerging risk, risk events, and risk incidents are continuously monitored and addressed.
- Ensure that risk issues identified are monitored, reported, escalated to relevant person.
- Ensure appropriate and accurate documentation of risks, the implications, impact and mitigations and challenging business accordingly.
- Review the risk appetite statement and ensure that there is alignment with all the risk management functions.
- Assist risk owners with determination of appropriate measure and mitigation plans for their risks.
- Collaborate with the Sustainability department with facilitating the identification and reporting of climate change risks across the Group.
- Use external data to benchmark against trends or actual control environments.
- Oversee and drive the project management and documentation requirements for all key risk projects.
- Oversee and drive the third-party risk management strategy across the Group.
- Contribute to the development of a GRC tool for the Group.

Embed Combined Assurance
- Custodian of the GRC
- Facilitate combined assurance process and manage relevant stakeholders.
- Engage with the business on evidence of assurance in place based on the various levels of assurance.
- Develop and ensure continuous assurance reporting

Reporting
- Compile monthly assurance risk reports.
- Compile reports for the various meetings ERM runs and chairs.
- Compiling of Board Risk Committee submissions.
- Manage Risk Management Committee meetings (logistics, agenda, packs, minutes).
- Formalise Double Materiality Reporting across the Group.
- Assist business leaders with risk driven communications (i.e. strategy slides).
- Provide input into Annual Integrated Report

Minimum Requirements
- Relevant Business degree
- Four-to-six years' experience in Enterprise Risk Management environment.
- High level of understanding of Enterprise Risk Management Framework and processes, and the ability to implement.
- Good knowledge of risk management.
- Solid knowledge of Microsoft Excel, Word, and PowerPoint.

Desirable Requirements
- Strong leadership qualities including; purposeful collaboration, influencing others, leading
- Courageously, highly proactive and an ability to manage and oversee projects
- Strong relationship building qualities.
- Strong communication skills (verbal, written and presentation).
- Assertive.
- Interpersonal skills.
- Organising and planning skills.
- People management skills.
- Problem solving skills.
- Able to handle stress and work in a pressurised environment.
- Able to manage time effectively

Preference will be given, but not limited to candidates from designated groups in terms of the Employment Equity Act.