Business Risk Manager - Parktown, South Africa - Hollard Recruitment
Description
Job Advert Summary:
To drive the implementation of the enterprise risk management framework for Hollard Life as it relates to operational risk and supporting Hollard group risk frameworks and policies.
This is a risk and control governance role where the incumbent will be responsible for oversight and reporting of operational risks for Hollard Life and its Partners.
Operational responsibilities will include managing the Business Risk Specialists team, risk prioritisation, facilitation of risk and control self-assessments, risk incident reporting and providing risk reports to BU management and group risk.
Key Responsibilities
The Business Risk Manager will be responsible for:
- Driving the implementation of the enterprise risk management framework with the relevant key stakeholders
- Planning, coordinating, and directing risk assessment and risk prioritisation efforts in collaboration with the GRC Business Assurance, Compliance and Legal teams
- Administration and maintenance of a risk management system platform to enable formalisation of the Hollard Life risk universe, alignment of risk to business objectives, key risks and controls
- Development and embedment of appropriate key risk Indicators to support relevant risk monitoring and management activities
- Drive identification of BU and Partner channel specific risk exposures that require focussed or thematic risk management interventions
- Assess the adequacy of the risk mitigation initiatives identified by BU management in addressing high risk
- Managing productivity, capacity requirements, resource allocations and ensuring that the Business Risk Specialists have the required competencies to execute their duties
- Overseeing the quality of the work output of the Business Risk team
- Guiding, supporting, coaching and mentoring Business Risk Specialists
- Developing and maintaining effective relationships with Stakeholders
- Active participation in relevant BU meetings or forums highlighting potential and materialised risks
- The design and documentation of value adding risk reports for portfolio view of risks, analysis of root causes, analysis of new, emerging and changing risks, trend analysis, key performance indicators and measures, risk incident reporting and tracking enterprise risk management plans.
Required Knowledge and Experience:
- Minimum of 5 years of experience in Risk Management (and/or Operational Risk Management) in Financial Services industry of which 2 years at a management level.
- In depth knowledge of risk
- Related legislation
- Stake holder management
- Excellent interpersonal communication skills
- Analytical thinking skills
- Strategic thinking skills
Educational Requirements:
- Com (Honours)/ CIS or equivalent.
- Risk management qualifications (eg IRMSA, CERA)
All Hollard appointments are made in line with our DEI policy.
- Hollard is unapologetically committed to creating and enabling a workplace that values your diversity with a true sense of care, dignity and inclusion.?We actively seek to hire for your different lived experiences (including, but not limited to disability, race, religion, ethnicity, culture, language and social origin, gender diversity, sexual orientation, neurodiversity). These grounds enhance cognitive diversity and psychological safety in our workplace for everyone._
- We proudly promote the "Hollard Way we work," which is a combination hybrid work environment at this time.? We offer flexibility in our work as far as possible, dependent on the nature of the role. Even if you don't meet all our selection criteria, we encourage you to apply_
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