Job Description

The NLSA seeks to appoint a Senior Risk and Compliance Officer to conduct risk management functions within NLSA.

Planning and Implementation:

• Participate in developing and implementing the risk management framework consisting of Risk Management Policy; Risk Management Strategy; Risk Management Committee (RMC) Charter; Fraud and Corruption Policy; Fraud and Corruption Strategy and Plan; Risk Assurance Plan, Risk Appetite and Tolerance Framework
• Participate in developing and implementing the Compliance management framework and plan.
• Research good practices and new developments to enable the NLSA to achieve its objectives.
• Align the Framework with the applicable legislation and guidelines issued by National Treasury, as well as benchmark with other constitutional and public entities.
• Develop implementation plans for strategies and ensure implementation.
• Monitor implementation of the risk management strategies and plans.
• Assess risk management and compliance management processes. Business Continuity Planning:

• Help to determine the scope of projects and make certain that the vital resources are provided to achieve the goals and objectives.

• Establish the ability of the NLSA to comply with contractual agreements concerning delivery of products and services.
• Institute procedures to discover and explain costs incurred during the recovery process.
• Utilise the business impact analysis process to identify the financial and operational impacts of
  risk exposures for the NLSA and its service providers.
• Determine the cost of risks and develop recovery strategies on matters as wide as:
  o Loss of critical employees, Loss of important documents or records, Changes in political climate or legislation governing NLSA, Interruption, or potential interruption, Critical labour relationships and Regulatory and statutory controls.
  Risk Reporting:

• Develop reporting protocols, including quantitative and qualitative thresholds, and monitoring the reporting process.
• Report on the risk and compliance management process, progress and problems to the CEO and the Board.
  Enterprise Risk Management Activities:

• Facilitate risk identification and assessment workshops.
• Collate, aggregate, interpret and analyze the results of risk assessments.
• Assist management in developing action plans to manage identified risks.
• Monitor the progress of risk mitigation activities, solicit and assess progress from management.
• Create and disseminate risk reports to EXCO, MANCO, RMC, and the Board.
• Maintain the strategic and operational risk registers.
• Develop and implement risk and control self-assessment guide.
• Facilitate training of RMC Members.
• Respond to and implement recommendations by Auditor General and Internal Audit.
  Risk Governance:

• Define NLSAxe2x80x99s Risk Oversight Role within the enterprise-wide risk management framework.
• Foster risk management culture that is aware of the implications of risks taken to attain objectives.
• Help management incorporate risk management into strategy.
• Facilitate execution of risk governance processes and practices.
• Benchmark and evaluate the governance process.
  Administration of the Risk Management Committee Activities:

• Facilitate orientation and training of the RMC members.
• Perform the Secretariat function of the RMC.
  Internal Control:

• Implement, monitor, and review NLSA internal controls policies and procedures.
• Ensure compliance with Public Finance Management Act, NLSA Act and Treasury Regulations.
• Management of Irregular, fruitless and wasteful and unauthorized expenditure, and act as Loss Control Officer.
• Assist in developing and monitoring the audit outcome improvement plan.
• Attending audit steering committee meetings.

Relevant qualification 5 to 10 years experience Registered with relevant body EVALUATION CRITERIA Candidatexe2x80x99s CV, copies of relevant qualifications and Identification documents.