Risk Officer - East London, South Africa - University of Fort Hare

University of Fort Hare

Verified Company

East London, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Eastern Cape, East London
- (Market related)

The University of Fort Hare is a vibrant, equitable and sustainable African university, committed to teaching and research excellence at the service of its students, scholars and the wider community.

The University of Fort Hare seeks to appoint for the following vacancy:

RISK OFFICER

(6 months fixed term contract position)

Job Purpose:

Assist in Integrating Risk, Business Continuity Management, Ethics and anti-fraud and anti-corruption programs.

Minimum Requirements
Bachelor's Degree (or equivalent qualification NQF level 7) in Risk Management or internal auditing or B-Tech in Internal Auditing or Risk Management

Minimum Experience:

8 years Risk Management/Internal Auditing experience in a large organization with at least 3 years' experience in a management position.

Added advantage:

Experience with working in the higher Education Sector and/or Public Sector.

Duties:

Risk Management:

Assist the Head of Risk in the establishing a comprehensive risk management framework (Risk policy and strategy), Risk Implementation plan.
Contributes to the development and implementation of Fraud Risk processes, tools, policies, standards, and procedures in alignment with the Enterprise Risk Framework Program.
Identifying potential regulatory and nonregulatory risks through thorough and ongoing risk assessments with relevant business leads.
Liaising with the business to identify emerging risks to maintain & update the institutions risk assessment.
Solid understanding of fraud risks, and risk management processes in order to identify and monitor fraud risks within the organization.
Evaluating identified risks against a variety of information & factors to provide comments and recommendations about how to mitigate these risks.
Providing input in relation to the risk appetite and ensuring that operation activities are carried out in alignment with the set risk appetite.
Ensure that the operational risk needs of the business are serviced appropriately, through maintenance/reporting and controls of key areas.
Ensuring the risk priorities are effectively addressed through a regular testing program of the policies, procedures, systems and controls.
Initiating action to address any gaps or deficiencies identified during the remediation process.
Contributing to Extended Committee meetings on current risk issues and developments.
Providing insightful, quality reporting to oversight Committees and other key stakeholders to support risk processes.

Ethics Management
:

Develops and disseminates corporate ethics statements, policies /framework and supporting forms/acknowledgements.
Administer, manage and monitor the implementation of the framework.
Managing completion of the Annual Ethics Declaration, and/or potential conflicts of interest both by Council, employees, contractors and suppliers.
Monitoring, evaluation and reporting of breaches (i.e. where conflict of interest has been identified).
Oversees the development and implementation of corporate ethics and conflictofinterest training and conducts ethical decisionmaking training for senior management on ethics issues and avoiding conflicts of interest.
Developing and implementing training programs for employees on ethical standards and practices in their specific field.

Proactive building and promoting thriving ethical workplace processes through antifraud programs:

Proactively assists in the oversight of a proactive Fraud Risk Management Program using data extraction, data analytics and management reporting.
Analysis of activity to detect and prevent fraudulent activity based on reports, alerts, or notifications from third parties requesting assistance.
Conducting of risk assessments to determine the effectiveness of antifraud programs and controls in place.
Assists management in the development and implementation of the Antifraud control activities both preventive and detective controls.
Analyze fraud trends, conduct investigative research into losses, and analyze loss type data to determine the nature of fraud patterns.
Development of Risk management enablers inclusive of the framework, policy, strategy and Implementation plan.
Design and implementation of an overall risk management process (Include performing risk assessments, evaluation, creating awareness and monitoring and reporting.)
Ethics Management: Promotes ethical behavior: Setting ethics standards that contribute to ethical culture formation.
Proactive building a thriving ethical workplace through antifraud programs:
Advice and support
Monitoring and Reporting of Risk and Ethics Management

Key Competencies: