Job Description

:Key Functions and Requirements
Main functionsEnterprise Risk Strategy and Framework Development and Deployment
- Maintain, enhance, and effectively communicate the Enterprise Risk Management framework.
- Drive effective execution of the enterprise risk strategy and framework, aligned to business specific requirements, in line with the risk appetite statements and Group policy.
- Continuously improve the existing framework to ensure consideration of emerging risks and threats.
- Participate in the development and annual improvement of the Group's enterprise risk management strategy, framework, policies, and standards.
- Manage the development and execution of the risk assessment standard across the organisation.
- Undertake research on best practices on enterprise risk implementation through interaction with various risk management committees / bodies / structures and other stakeholders.
- Maintain head winds and tail winds KRI's against Group strategyEmbed Enterprise Risk Management Framework Within the Organisation
- Drive a risk culture in the business through challenging discussions and communication.
- Ensure that appropriate risk management policies and procedures are in place and updated as required.
- Ensure emerging risk, risk events, and risk incidents are continuously monitored and addressed.
- Ensure that risk issues identified are monitored, reported, escalated to relevant person.
- Ensure appropriate and accurate documentation of risks, the implications, impact and mitigations and challenging business accordingly.
- Review the risk appetite statement and ensure that there is alignment with all the risk management functions.
- Assist risk owners with determination of appropriate measure and mitigation plans for their risks.
- Collaborate with the Sustainability department with facilitating the identification and reporting of climate change risks across the Group.
- Use external data to benchmark against trends or actual control environments.
- Oversee and drive the project management and documentation requirements for all key risk projects.
- Oversee and drive the third-party risk management strategy across the Group.
- Contribute to the development of a GRC tool for the Group.Embed Combined Assurance
- Custodian of the GRC
- Facilitate combined assurance process and manage relevant stakeholders.
- Engage with the business on evidence of assurance in place based on the various levels of assurance.
- Develop and ensure continuous assurance reportingReporting
- Compile monthly assurance risk reports.
- Compile reports for the various meetings ERM runs and chairs.
- Compiling of Board Risk Committee submissions.
- Manage Risk Management Committee meetings (logistics, agenda, packs, minutes).
- Formalise Double Materiality Reporting across the Group.
- Assist business leaders with risk driven communications (i.e. strategy slides).
- Provide input into Annual Integrated ReportMinimum Requirements
- Relevant Business degree
- Four-to-six years' experience in Enterprise Risk Management environment.
- High level of understanding of Enterprise Risk Management Framework and processes, and the ability to implement.
- Good knowledge of risk management.
- Solid knowledge of Microsoft Excel, Word, and PowerPoint.Desirable Requirements
- Strong leadership qualities including; purposeful collaboration, influencing others, leading
- Courageously, highly proactive and an ability to manage and oversee projects
- Strong relationship building qualities.
- Strong communication skills (verbal, written and presentation).
- Assertive.
- Interpersonal skills.
- Organising and planning skills.
- People management skills.
- Problem solving skills.
- Able to handle stress and work in a pressurised environment.
- Able to manage time effectivelyPreference will be given, but not limited to candidates from designated groups in terms of the Employment Equity Act.

The Foschini Group