Save Job Back to Search Job Description Summary Similar JobsA huge Retail conglomerate within South AfricaRequires at least 10 Years experience in End-to-end risk managementAbout Our ClientThis organisation is a well-established company in the retail industry with a strong presence in South Africa. It is committed to maintaining high standards of risk management and compliance within its operations.Job DescriptionThe Enterprise Risk Manager will be responsible for the following :Group Strategy Implementation* Accountable for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the Group's enterprise Risks.* Responsible for enterprise-level risk policy formulation, risk appetite articulation, and strategic risk integration into Group planning, capital allocation, and major investment decisions.* Formulate an ERM framework and supporting policies and procedures for the Group.* Develop a risk culture for the Group by driving risk related activities and the risk response for the organisation.* Design and implement Key Risk Indicators for senior management to guide and support decision making for the Group.Enterprise Risk ManagementRisk assessment and identification:* Responsible for identifying, assessing, and mitigating risks, opportunities and threats to the achievement of the business's strategic objectives. Play a crucial role in ensuring the organisation's financial stability and sustainability.* Conduct comprehensive risk and opportunity assessments to identify and analyse potential risks related to operations.* Create risk heat maps or matrices to categorise and prioritise risks based on likelihood and potential impact.* Responsible for the establishment and implementation of a risk and compliance framework, to effectively manage all risk exposures that pose an internal/external threat.Risk mitigation strategies:* Provide executive advisory on the risk-return implications of strategic options, including capital deployment, market expansion, supplier concentration, regulatory exposure, and sustainability risks.Responsible for effective risk appetite and tolerance setting, measurement, and reporting.Recommend strategies, derivatives, and other financial instruments to protect against adverse movements in interest rates, foreign exchange rates, commodities, etc.* Evaluate insurance policies and contractual terms to transfer or mitigate specific risks.* Optimise capital allocation and liquidity management strategies to ensure sufficient reserves to withstand potential financial shocks.* Work with Finance to oversee and provide active management of the Company's credit risk analysis/underwriting.Risk Monitoring and Reporting and Combined Assurance:* Design and govern the Group's combined assurance model, determining assurance reliance, assurance sequencing, and executive assurance confidence for Board committees.* Prepare regular risk reports and presentations for senior management and stakeholders, highlighting key risk metrics, trends, and potential impacts on financial performance.* Develop and maintain risk dashboards and regular risk reports for senior management and stakeholders, summarizing risk exposure, trends, and mitigation efforts.Crisis Management and Contingency Planning* Responsible for organisational resilience strategy, ensuring executive preparedness for low-probability, high-impact events that may threaten the Group's operational capability.* Develop contingency plans and procedures to address potential crises or emergencies.* Ensure the organisation has robust business continuity plans in place to mitigate disruptions caused by financial crises or external shocks.Regulation and ComplianceThe Successful ApplicantA successful Enterprise Risk Manager should have:A relevant qualification in risk management, compliance, or a related field.Previous experience in risk management within the retail industry.Strong knowledge of regulatory requirements and industry standards.Excellent analytical and problem-solving skills.Proficiency in developing and implementing risk policies and frameworks.Effective communication and collaboration abilities.Bachelor's degree or NQF Level 7 Diploma in a commerce related field (e.g. Finance, Accounting, Audit).CA(SA), CIA, Risk Management, or equivalent certification advantageous.10 years experience in Retail/Manufacturing or Financial Services at senior management levelExperience in implementing relevant Risk Frameworks such as ISO 31000/COSO.What's on OfferA permanent position with a reputable company in Kwazulu-Natal.Comprehensive benefits including pension, medical aid, and a performance bonus.Opportunities to influence risk management practices in the retail industry.A supportive company culture focused on professional growth.If you are ready to take on the challenge of becoming an Enterprise Risk Manager in the retail sector, we encourage you to apply today!ContactDarian NaidooQuote job refJN-022026-6936486Phone number+27 11 303 8334Job summaryFunctionHealth, Safety & EnvironmentSpecialisationHealth, Safety & EnvironmentIndustryRetailLocationKwaZulu-NatalJob TypePermanentConsultant nameDarian NaidooConsultant phone+27 11 303 8334Job ReferenceJN-022026-6936486