Senior Manager: Group Enterprise Risk Management at The Foschini Group

The Foschini Group; Parow; On-site; ZAR 600,000 - 1,000,000; Full time

Job summary

A leading company in retail seeks an Enterprise Risk Manager to enhance their risk management framework and strategies. The successful candidate will drive risk culture, ensure compliance with policies, and compile critical risk reports. Strong leadership and communication skills are essential for this role, along with a business degree and relevant experience.

Qualifications

• Four-to-six years' experience in Enterprise Risk Management.
• High level of understanding of Enterprise Risk Management Framework.
• Good knowledge of risk management practices.

Responsibilities

• Drive execution of the enterprise risk strategy and framework.
• Compile monthly assurance risk reports.
• Facilitate combined assurance processes and manage stakeholders.

Skills

Risk Management

Leadership

Communication

Problem Solving

Time Management

Education

Relevant Business degree

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

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.