Risk and Compliance Manager

We are seeking a Risk and Compliance Manager, based in Johannesburg, working for a leading Oil company.



Reports to the Financial Director. The role of the Risk and Compliance Manager is to ensure that the business interest is managed through effective processes and controls thus minimizing the Company risk. The Risk and Compliance Manager ensures good corporate governance, the application of compliance principles and ensures that the company is compliant with internal and external regulatory requirements.



Experience and Expertise



Qualifications:


Certified Internal Auditor (CIA) or CA(SA), with min 3 years post articles experience



Other:


3 years’ experience in Internal Auditing at a senior/ management level


Experience in delivery and management of outsourced service providers will be advantageous


Work experience in any of the following sectors; Petroleum/Energy, Engineering, Production/ Manufacturing, Industrial


Knowledge of external leading risk and controls frameworks such as COSO and ISO 31000



Key Accountabilities:


Responsible for the Enterprise Risk Management


Co-ordinates the implementation of the compliance framework and the annual compliance program, testing the effectiveness of the control model and identifying training needs in key risk areas.


Embeds risk management and interventions into deficiencies, conducting control reviews and ad-hoc investigations, and making advanced recommendations to improve the detection, prevention and remediation of control weaknesses and fraud.


Conducts reviews to provide assurance that internal and external audit issues are addressed timeously and resolved, identifying significant financial reporting risks and ensuring that effective mitigation plans are in place.


Systematic system of Internal Control and Compliance


Co-ordinates the development and implementation of any new control procedures and ensures that they operate successfully.


Manage the Credit Management outsource service provider and the applicable Interfaces


Manage Credit Exposure within agreed / acceptable parameters


Single Point of Accountability for On-Road Offer Processes and Controls


Single Point of Accountability for Tender procedures and compliance ito policy



Enterprise Risk Management and Mitigation



Annual review of the Enterprise Business and Control risks


Develop in-year Risk Priority Plan and ensure all items / actions are closed



Control



Overall responsibility and coordination of the Assurance and Risk Committee and the Internal Control Committee


Provide key inputs into the Audit Committee meetings


Responsible for Control breakdown investigations (BCIR’s) and closing of resulting actions


Planning and Coordination of Internal Audits



Compliance



Ensure strict compliance to the Counterparty due Diligence process and manage SLA with outsource service provider


Overall responsibility for the Enterprise Control Dashboard and closure of any actions or escalations



Manage the Credit Management outsource service provider



Coordinate Monthly Review Meetings and ensure actions are closed


Coordinate Quarterly Performance reviews and ensure SLA’s are complied with



Credit Exposure



Manage Credit Exposure within agreed / acceptable parameters



On-road offers



Define, design and maintain the key KPI’s, Controls and Management Reports (MI) on monthly basis to ensure effective operation of the back-office support



Procurement Tender Procedure



Participate in all tender processes and ensure compliance to the Policy



Additional:


Interface with National Sales Managers, New Business Development teams, Heads of Strategy of Strategy and HR, and existing & new customers


Establish a high level of credibility and manage strong working relationships with external parties, including key customers


Interfaces with external service providers on best practice delivery and adoption



If this resonates with you, please apply.

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