Senior Specialist : ERM Strategic Risk
- Employer
- Transnet SOC Limited
- Location
- South Africa South Africa ZA, South Africa
- Salary
- Competitive
- Closing date
- Dec 22, 2024
View more categoriesView less categories
- Job Role
- Risk Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Senior Specialist : ERM Strategic Risk Operating Division: Transnet Corporate Centre Employee Group: Permanent Department: Group Legal, Enterprise Risk Location: Johannesburg Reporting To: General Manager: Risk Grade: C Reference: req2553
The closing date is on 03/12/2024. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose To drive the process required to identify tolerable risk, provide assurance to the Transnet business environment, by ensuring that risk management is proactively and consistently applied and embedded into business processes.
Driving the desired behaviour and ensure a sound and informed decision making framework. This
role ensures that the function is seen as a strategic enabler to achieving organizational objectives, drives a strong and healthy risk management culture; to improve resilience and be purposeful in achieving sustainable outcomes. Position Outputs 1. Develop, formulate, review and integrate Enterprise Risk Management governance structures, processes and systems into organizational decision-making processes.
2. Ensure that strategic risks capable of threatening the achievement of organizational objectives are identified and managed whilst the opportunities are enhanced.
3. Leverage Risk analytics to bring much needed credibility to the risk value proposition.
4. Partner with strategic business owners to develop and identify strategic risks.
5. Develop strategies to ensure a strong and healthy risk management culture, including identification and supporting business to mitigation against emerging strategic risks.
6. Periodic tracking and monitoring of risk performance across the organisation to ensure that business commitments to the Shareholder Compact are realised.
7. Ensure that the Risk Management plan is communicated and executed seamlessly, across the organisation.
8. Design measures that can be implemented to ensure that there is an effective and consistent approach to managing strategic risks across the organisation (goals).
9. Implement the risk management framework in accordance with the organisational strategy.
10. Develop customised ERM-plans that are aligned to the organisational strategy and in accordance with the standards in the ERM-framework.
11. Communicate ERM-plans to the ERM-specialists.
12. To manage in conjunction with risk owners across Transnet the updating and enhancement of risk analysis, by providing quantitative information to risk owners to agree probable potential exposure (PPE) on the key risks.
13. Ensure strict compliance with all measures identified by the risk management standards to mitigate risks through the assessment, monitoring and reporting on the company's risk profile within scheduled timelines.
14. Take responsibility to manage standardisation of risk analysis techniques across the organisation.
15. Ensure strict compliance with all measures identified by the risk management standards to mitigate risks through the assessment, monitoring and reporting on the company's risk profile within scheduled timelines.
Qualifications and Experience • Relevant Bachelor's Degree (NQF 7) - includes areas of Compliance, Governance and Risk Management. • Post graduate degree will be an advantage • Minimum 10-12 years' experience in a large enterprise of which at least 5 - 7 years at a senior managerial level, and knowledge of Risk Management systems. • People management experience will be an advantage. Competencies • Strategic planning and design of Risk Management • Integrating Risk Management within Business • Risk Management Process • Risk Monitoring • Risk Reporting • Risk Assurance Management • Risk Performance Management Equity Statement Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.
The closing date is on 03/12/2024. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose To drive the process required to identify tolerable risk, provide assurance to the Transnet business environment, by ensuring that risk management is proactively and consistently applied and embedded into business processes.
Driving the desired behaviour and ensure a sound and informed decision making framework. This
role ensures that the function is seen as a strategic enabler to achieving organizational objectives, drives a strong and healthy risk management culture; to improve resilience and be purposeful in achieving sustainable outcomes. Position Outputs 1. Develop, formulate, review and integrate Enterprise Risk Management governance structures, processes and systems into organizational decision-making processes.
2. Ensure that strategic risks capable of threatening the achievement of organizational objectives are identified and managed whilst the opportunities are enhanced.
3. Leverage Risk analytics to bring much needed credibility to the risk value proposition.
4. Partner with strategic business owners to develop and identify strategic risks.
5. Develop strategies to ensure a strong and healthy risk management culture, including identification and supporting business to mitigation against emerging strategic risks.
6. Periodic tracking and monitoring of risk performance across the organisation to ensure that business commitments to the Shareholder Compact are realised.
7. Ensure that the Risk Management plan is communicated and executed seamlessly, across the organisation.
8. Design measures that can be implemented to ensure that there is an effective and consistent approach to managing strategic risks across the organisation (goals).
9. Implement the risk management framework in accordance with the organisational strategy.
10. Develop customised ERM-plans that are aligned to the organisational strategy and in accordance with the standards in the ERM-framework.
11. Communicate ERM-plans to the ERM-specialists.
12. To manage in conjunction with risk owners across Transnet the updating and enhancement of risk analysis, by providing quantitative information to risk owners to agree probable potential exposure (PPE) on the key risks.
13. Ensure strict compliance with all measures identified by the risk management standards to mitigate risks through the assessment, monitoring and reporting on the company's risk profile within scheduled timelines.
14. Take responsibility to manage standardisation of risk analysis techniques across the organisation.
15. Ensure strict compliance with all measures identified by the risk management standards to mitigate risks through the assessment, monitoring and reporting on the company's risk profile within scheduled timelines.
Qualifications and Experience • Relevant Bachelor's Degree (NQF 7) - includes areas of Compliance, Governance and Risk Management. • Post graduate degree will be an advantage • Minimum 10-12 years' experience in a large enterprise of which at least 5 - 7 years at a senior managerial level, and knowledge of Risk Management systems. • People management experience will be an advantage. Competencies • Strategic planning and design of Risk Management • Integrating Risk Management within Business • Risk Management Process • Risk Monitoring • Risk Reporting • Risk Assurance Management • Risk Performance Management Equity Statement Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.
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