Group Risk Manager
The Foschini Group
Cape Town North
7d ago

Position Description : Group Risk Manager

Overall purpose of the job

To partner with management to provide continual risk assessment and to co-ordinating the combined assurance process across the group

Key responsibilities

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
  • 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 that risk issues identified are monitored, reported, escalated to relevant person
  • Ensuring 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 risk
  • 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
  • Embed combined assurance :

  • Facilitate combined assurance process and manage relevant stakeholders
  • Reporting :

  • Compilation of Board Risk committee submissions
  • Management of Risk Management Committee meetings (logistics, agenda, packs, minutes)
  • Assist business leaders with risk driven communications (i.e. strategy slides)
  • Provide input into Annual Integrated Report (from risk side)
  • Key competencies

  • 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)
  • 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
  • Person specification

    The ideal person for this position should preferably :

  • Relevant degree / diploma in risk management or finance / economics
  • Four-to-six years’ experience in Enterprise Risk Management environment
  • High level of understanding of Enterprise Risk Management Framework and process and the ability to implement
  • Good knowledge of risk management
  • Solid knowledge of Microsoft Excel, Word and PowerPoint
  • Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act.

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