Purpose of the position:
To manage a comprehensive Enterprise Risk Management function aligned to international best practices, through, inter alia, coordinating and monitoring the Road Fund Administration’s operational risks that will enable Management to effectively identify, assess, and mitigate risk exposures to create a conducive environment for the organization to achieve its strategic imperatives. The role provides operational risk leadership, promotes a risk-aware culture, and ensures that the organisation adheres to best practices in risk governance. The role must ensure that an effective and integrated enterprise risk management process is implemented and maintained.
Key performance areas:
1. Operational Risk Management
- Implement and maintain an effective ERM framework.
- Coordinate annual risk assessments and risk operational sessions.
- Drive the execution of the Risk Management Plan and Annual Work Programme.
- Maintain and consolidate strategic and operational risk registers.
- Provide expert guidance on emerging risks and organisational exposure.
2. Fraud Prevention and Investigations
- Lead risk identification, analysis, and prioritisation processes.
- Develop and monitor risk control strategies and mitigation plans.
- Oversee fraud prevention initiatives, including training and awareness.
- Coordinate business continuity, disaster recovery, and crisis management plans.
3. Monitoring, Reporting & Compliance
- Prepare quarterly and annual risk reports for EXCO, Board, and Committees.
- Monitor implementation of mitigation actions and escalate key risks.
- Ensure compliance with regulatory and governance requirements.
- Develop risk dashboards and early warning indicators.
4. Governance & Policy Development
- Develop and review risk policies, frameworks, and procedures.
- Ensure alignment with King V Principles and ISO 31000 standards.
- Integrate Risk Management into Strategic Planning and budgeting processes.
5. Stakeholder Engagement & Advisory
- Provide risk advisory services and training across the organisation.
- Facilitate risk workshops and awareness initiatives.
- Liaise with auditors, regulators, and external stakeholders.
6. Leadership & People Management
- Supervise and develop the Senior Risk Officer.
- Drive a high-performance culture within the risk function.
Qualification Requirements:
Bachelor’s Degree in Risk Management, Finance, Business, Auditing, or related field. NQF Level 7.
Experience and special knowledge requirements
- A minimum of ten (10) years working experience with at least five (5) years in a supervisory role. Specialised experience in Risk Management /Corporate Governance / Compliance related functions/ investigations / Assessment / or Audit.
Skills and Competencies
- Professional certification (e.g., IRMSA, CRM, ISO 31000 Practitioner) is an advantage.
- Knowledge of Barn owl software would be an added advantage.
- Strong teamwork and stakeholder engagement skills.
Enquiries: Ms. Lydia Mpinge on 061 433 3038