Job Description

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Welcome to the
Land and Agricultural
Development Bank of South Africa

Careers

Manager: Enterprise Risk

Details

Closing Date 2023/09/20
Reference Number LAN230911-1
Job Title Manager: Enterprise Risk
Division Risk Management
Unit Risk Enterprise Risk
Job Type Classification Permanent
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion
Job Advert Summary

The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africaxe2x80x99s only specialist agricultural bank established in 1912, the bankxe2x80x99s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit. The Land Bank provides financial services that have moved with the times and continues to provide services to agri-business and constantly reviews its offerings to ensure that they match the needs of an industry. As change has swept across the sector in South Africa the socioeconomic makeup of agriculture has altered, bringing new entrants from historically disadvantaged backgrounds on to the land, these new farmers, facing the challenges of establishing sustainable agribusinesses across the agricultural value chain, Land Bank has been a commercial lifeline offering appropriately designed financial products that facilitate personal and commercial viability in a sector that is vital to the sustainability of South Africa and its people.

MAIN PURPOSE OF THE JOB

Develop and facilitate the implementation and maintenance of a fit-for-purpose Enterprise Risk Framework, which includes the Operational Risk, Financial Risk, Strategic Risk and Credit and Investment Risk, within Land Bank thereby safeguarding the Land Bank, its assets, customers, reputation and the interests of stakeholders by identifying as well as managing all threats to the achievement of its business objectives.
Key Performance Areas

1. Facilitate and manage the implementation and maintenance of a fit-for-purpose Enterprise Risk Management Framework that aligns to the Banks core risk strategy

• Maintain updates to the ERMF, including sub frameworks

• Create awareness and training

• Train Champions and Management

• Train and create awareness

• ERMF tools as part of systems Build

• ERMF inclusive in RCSA

• Integrate Reporting(Board, Management Committees)

• Assist with Risk and Governance collation of pack

• ERM analysis, root cause analysis and risk assessment recommendations to Exco and Board

• Monitoring and updating the Strategic Enterprise Risk Register

• Monitoring consistent application of ERM

• Keep a register of Top ERM risks

• Emerging Risk trends

• Ensure capturing of all ERM incidents

2. Develop and facilitate the implementation and maintenance of a fit-for-purpose Operational Risk Management Framework

• Develop and maintain Operational risk policies, manuals and procedures

• Liaise with GM: Enterprise Risk & Governance and business units on risk related matters

• Analyse business unit risk reports and provide appropriate recommendations

• Ensure risk reports are produced, monitored and discussed with management in line with the ERM framework

• Provide support to business unit management in carrying out their respective risk management responsibilities

• Represent risk at key stakeholder forums and committees

• Facilitate proper allocation of responsibility and accountability (i.e. DOP)

• Conduct risk & control self-assessments on new products, and strategic initiatives within the bank

• Continuously research advanced risk management techniques and methodologies and introduce new risk initiatives, with the view of improving the sustainability of the organisation

• Assist in the identification and quantification of the Bankxe2x80x99s risk appetite

• Support BUxe2x80x99s risk owners and champions in preparation for risk assessments

• Monitor and review the documentation from operational risk tools and other reporting in BUs to ensure consistency in terms of delivery within timeframes

• Generate reports and submit to Exco for Board Risk Committees

• Assist business units with articulating identified emerging risks and updating risk registers.

3. Facilitate the reporting of ERM for Board and Management committees reporting processes by creating an effective reporting mechanism.

• Develop and implement a framework for reporting

• Develop reporting dashboards

• Ensure information is integrated in a timely manner

• Ensure accuracy of ERM reporting and information

• Integrate and synthesis all reporting at a strategic level

4. Stakeholder engagement and coordination of operational risk related committees, meetings, initiativesxe2x80xa6etc.

• Co-ordinate Enterprise Risk Committee (ERCO) meetings

• Support BU management to ensure that strategic decisions within the business areas take full accountability of the current and emerging enterprise risk profile

• Recommend value add risk management solutions to reduce the risk of re- occurrence and impact

• Ensure that risk issues identified are monitored, reported, escalated to relevant person/s & Committee/s and corrective actions are taken

• Represent risk at key stakeholder forums

5. People Management (Indirect and Direct Reports)

Performance Management

• Analyse the business plan to determine the applicable deliverables and targets

• Compile the Performance Management documentation in collaboration with the staff member in terms of:

• Job Profile requirements

• Key Performance Areas

• Personal Development Plan

• Conduct performance planning session and Track and monitor performance in accordance with performance contracts

• Conduct performance reviews in accordance with policies and procedures and take corrective actions where necessary

• Provide coaching and feedback to employees on how to improve and sustain their performance

• Lead the department by managing appointments, promotions, and industrial relations issues conjunction with the Human Capital Business Partners

• Conduct disciplinary actions as per Land Bankxe2x80x99s policy and procedure where necessary

• Risk Champion management of KPIxe2x80x99s and performance assessment

Preferred Minimum Education and Experience

• Relevant 4 year tertiary risk management degree or equivalent qualification (operational risk)

• 5-8 years experience in Enterprise and/or Operational Risk Management

• 5 years experience within a risk or auditing environment

• 3 years experience in a leadership or management position

Critical Competencies

• Microsoft Office

• Business / Financial acumen

• Risk Management Frameworks

• Knowledge of Operational Assessment methodologies and tools

• Project Management Principles

• Knowledge of Business and Commercial Law Principles

Additional Requirements

• Travel as and when required

• Extended hours as and when required, including weekends

• Ensure availability on cell phone when finalizing reporting for ERCO and Board submissions

Policy

Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Land Bank.

Registered Credit Provider: NCRCP18 | VAT number: 4560121081

xc2xa9 LAND BANK. All rights reserved.

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