Head Enterprise Risk Management

The Head Enterprise Risk Management assists in the design, implementation, monitoring & management of the organization's Enterprise-Risk Management Framework to proactively minimize the risk of loss, financial or otherwise to the organisation.

Key Responsibilities

• Identify and implement best practice tools and techniques to manage risk aross the enterprise.
• Proactively and independently review the financial risks-market, credit and liquidity as well as the operational risks for the organisation's products, services and its operations.
• Design and direct scenario analyses and stress tests for the organisation's business units and mutual funds.
• Review Cyber Security risks and associated corrective action plans.
• Manage the organisation's Insurance Portfolio in conjunction with the Insurance Broker.
• Maintenance of a Risk Register for the enterprise.
• Reporting to the Board and Board Committees on risk issues.
• Coordinate the development and operationalization of the Business Continuity Plan with internal and external stakeholders.
• Review Business Impact Analysis of various departments and provide advise on incorporation in the Business Continuity Plan
• Facilitate testing of the Business Continuity Plan
• Report to the Board on decision/risks regarding the Business Continuity Plan
• Annual review of the organisations risk appetite statements, risk tolerances and KRIs.
• Guide business units on apprpriate risk tolerance measures and KRIs for their areas of business.
• Reporting to the Board on current risk profile relative to set appetite and tolerances.
• Identify key control deficiencies across the enterprise through various avenues such as meetings with management, review of risk controls self-assessment results and internal breaches reports.
• Guide business units on improvements to key controls to minimize risks within processes.
• Review and provide guidance on risk assessments of the initiatives and projects across the enterprise.
• Lead and participate in Risk Management and cross functional projects, special assignments and analyse.
• Develop risk management and awareness programs.
• Facilitate training sessions on strategies, tools and techniques utilized in Risk Management.
• Identify staffing deficiencies and recommend  appropriate staff compliment for bench-strength required by the organisation.
• Ensure subordinates adhere to the HR and other policies and procedures of the organisation.