ERM Specialist

Sanlam; Bellville; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading financial services group in South Africa is seeking a Senior Manager in Risk Management. This individual will be responsible for developing and coordinating risk management programs, including identifying and mitigating risks. The ideal candidate should have over 10 years of experience in Enterprise Risk Management, preferably in the financial sector, and a strong ability to engage with various stakeholders. The role also includes oversight of risk training and policy compliance.

Benefits

Career growth opportunities

Development programs

Qualifications

• Minimum of 10 years experience in Enterprise Risk Management.
• Proven track record in a Senior Manager Risk Role.
• Knowledge of non-financial risk types.

Responsibilities

• Develop and maintain the Enterprise Risk Management Framework.
• Provide risk training to wider risk teams.
• Engage with stakeholders on risk reporting.

Skills

Risk Management

Data Collection

Business Processes

Excellent Reporting and Administration skills

Strong analytical skills

Ability to manage multiple projects

Education

Post Graduate Qualification in Risk Management, Economics or Business

Job description

Who are we?

Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 31 countries and has the biggest non‑banking financial services footprint on the African continent.

The Group's five business clusters (Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the five clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Capital, Market Development and Sustainability.

What will you do?

Responsible for development and coordination of risk management programmes and ensures that risk management programmes are designed to identify and measure risk by developing and using risk identification and measurement methods such as risk and control self‑assessments, loss event database and process flow analysis. Responsible to make accurate risk mitigating recommendations to implement internal controls, transfer risk e.g. 3rd party insurance or avoid the risk‑related business. Collect and analyse risk information and ensures that the organisation is adequately protected against loss. Draft reports including recommendations on proactive management decisions to prevent risk events. May have supervisory responsibilities.

What will make you successful in this role?

• Develop and Maintain Enterprise Risk Management (ERM) Framework and policies and procedures
• BCM Coordination and Reporting
• Crisis Management Processes and planning, including OHS
• Assist with annual ERM plan
• Risk maturity profile assessed and maintained
• Oversight over ERM Operational Risk Management system – Data Quality and Risk Methodology and reporting
• Provide Risk Training to wider risk teams and business
• Assist with Risk workshops and establishment of risk registers

Continues

• Risk Reporting and Presentations to stakeholders – Risk Committee / Board level reporting
• Frequent Engagement with Business / Cluster Risk Teams on various risk matters
• Assist with regulatory engagements / presentations and information requests
• Maintain and improve on Risk Taxonomy and other risk structures and governance within the group
• Work closely with Group Compliance, Group Internal audit and Group Finance Teams.
• Monitoring and Oversight on Risk activities across the group and reporting on such activities.
• Policy adoption and compliance to risk policies

Qualification and Experience

• Post Graduate Qualification, Preferably in Risk Management, Economics Degree, Business Degree, Actuarial, Investment management, CA(SA).
• Minimum of 10 (ten) years experience in Enterprise Risk management function, preference in financial Services Industry.
• Must previously been in Senior Manager Risk Role within a large corporate organisation with proven track record in ERM function

Knowledge and Skills

• Risk Management
• Data Collection
• Business Processes
• Excellent Reporting and Administration skills
• Quality, Compliance and Accreditation
• Strong analytical skills and attention to detail
• Able to build relationships with key stakeholders
• Able to effectively manage and deal with ambiguity
• Must be able to support and manage multiple projects across various jurisdictions, with the ability to assess complex risk scenarios and implement effective mitigation strategies.
• Good understanding of non-financial risk types – Operational Risk, Conduct, Brand and Reputational, Strategic and IT Risks and Third Party Risk Management
• Self-starter able to manage assignments and tasks from start to finish with minimal supervision

Will have to manage junior Risk Analyst team member

Personal Attributes

Organisational savvy - Contributing strategically Balances stakeholders - Contributing strategically Plans and aligns - Contributing strategically Manages complexity - Contributing strategically

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation - Contributing strategically Customer focus - Contributing strategically Drives results - Contributing strategically Collaborates - Contributing strategically Being resilient - Contributing strategically

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

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