Risk Officer

<p>Duties and Responsibilities</p> <ul> <li>Maintains accurate notes the context in which the Risk Management Policy (&lsquo;RMP&rsquo;) is applied, including the business models and strategic thrust of operating units and service function.</li> <li>Ensures completeness of the recording and analysis of events that could materially affect the risks facing the businesses.</li> <li>Conduct risk assessment workshops and collates the risk registers for key risks.</li> <li>Produces risk management reports for each operating unit and service function.</li> <li>Advises management on prioritization of action to resolve risks that are mapped outside the acceptable risk tolerances.</li> <li>Ensures adequacy of existing internal controls, risk management framework through continuous identification, measurement and reporting of risk positions</li> <li>Monitors Risk Champion&rsquo;s recording of the mitigation action plans, their roll-out and effectiveness</li> <li>Evaluates the information and arguments presented at the workshops and determines any areas of uncertainty and refers conflict to the head of the SBU and GRM</li> <li>Reviews, consolidates and submits quarterly reports and makes presentations on all Risk issues to the GRM for input into the Quarterly Audit Committee Reports</li> <li>Liaises with Risk Champions and management as well as External Auditors and regulatory examiners in the review, evaluation and management of existing and emerging risks.</li> <li>Provide advice to Group corporate clients on how to develop risk treatment plans; establishing appropriate risk reporting; identifying key metrics for risk monitoring; reviewing ERM goals and implementation plan; and identifying opportunities for improvement.</li> <li>Coordinates activities in developing, implementing and sustaining an acceptable risk management environment and culture.</li> <li>Researches and keeps abreast with emerging global trends and practices and ensures the knowledge is passed to all business managers</li> <li>Liaises with the HR department, facilitating continuous training and awareness updates to all staff/stakeholders on Risk Management</li> <li>Assist Group corporate clients to establish appropriate risk training programs; conducting risk awareness courses; training risk champions; and training Board Members on ERM and their oversight roles.</li> </ul> <p>Qualifications and Experience</p> <ul> <li>Degree in Risk Management or Insurance from a reputable institution or equivalent</li> <li>Experience in a similar role</li> <li>Exposure to financial services/insurance/medical aid environment is a distinct added advantage</li> </ul>