Overview
The Road Accident Fund's mission is to provide appropriate cover to all road users within the borders of South Africa; to rehabilitate and compensate persons injured as a result of motor vehicle accidents in a timely and caring manner; and to actively promote safe use of our roads.
Location : Centurion, Gauteng, ZA. Employment Type : Permanent. Reference No : 5916. Job Title : Enterprise Risk Management (ERM).
Posted today
Job Description
Division : Governance
Disability (EE targeted role) : No
T.A.S.K Grade : 15
Job Posting Salary : R891,176.00
Job Posting End Date : 21 Oct 2025
Reporting to the Senior Manager : Risk Advisory and Business Continuity, the successful incumbent is responsible to plan, design, implement, monitor and communicate risk management processes and programmes within the RAF.
Key Performance Areas
- Policy Review and Implementation : Contribute to the development and implementation of departmental policy, procedures and processes; keep up to date with effective policy and practice execution strategies; provide inputs into policies and regulations; research and keep up-to-date with corporate governance best practices and policies to implement within the RAF's risk management environment; gather and compile data related to risk from internal and external resources; identify risks by analysing data, observing processes and talking to people; draft and deliver reports outlining findings, identifying and explaining potential risks and recommending solutions; select, develop and implement appropriate risk assessment models or methodologies; participate in the development, implementation and maintenance of risk management processes and strategies; participate in the development of risk mitigation strategies that are appropriate, implementable and that associated targets are achievable for business units; promote effective enterprise risk culture across RAF including development of newsletters, creating awareness and facilitating appropriate training; use business intelligence tools to conduct various types of risk assessments, scenario analysis, risk modelling and reviews at all levels of the organisation; facilitate the identification, assessment, evaluation, communication, monitoring and reporting on risks; ensure that risk registers and control / action plans (task registers) are kept up to date; review the adequacy and effectiveness of controls including validation of progress as reported by management; facilitate identification and monitoring of key risk indicators and risk tolerance levels; collaborate with other assurance providers to ensure identification and reporting of risks and assessment of the adequacy and effectiveness of management internal controls; coordinate monthly engagements with the business on risk registers, incident reporting and monitoring of key risk indicators; coordinate Risk Champion meetings; maintain input and data quality of the Risk Management System / tool; provide advice to management on emerging risks and mitigation options and on the adequacy and effectiveness of existing and future controls; represent Risk Management in management committee meetings, SCM and other assurance provider forums; perform annual process self assessment to improve the risk maturity for the relevant processing centre.
- Reporting : Develop functional reporting systems for management, projects or performance reporting; prepare proposals, briefings, presentations, reports, and other documentation and provide management information both verbally and in report format; report on emerging and materialised risks leading to the review of risk registers to identify control gaps; prepare monthly, quarterly, annual and ad-hoc reports; ensure proper management and maintenance of official records.
- Stakeholder Management : Facilitate and manage communication with relevant internal and external stakeholders; manage relationships with vendors, service providers or procurement teams and ensure items are invoiced and paid on time; facilitate adequate communication concerning key risks; communicate with all levels of stakeholder contact; represent the Fund in relevant internal and external activities and events.
Qualifications And Experience
Bachelor's Degree / Advanced Diploma in Economics / Risk Management related qualification.Relevant 5-7 years' experience in an Enterprise Risk Management environment.Technical And Behavioral Competencies Required
Resilience; Communication; Working with People; Network and Alliances; Planning, Organising and Coordinating; Employee Engagement; Personal Mastery; Judgement and Decision Making; Client Service Orientation; Understanding of corporate governance standards and practice; Understanding of risk management frameworks and applicable laws; Strong stakeholder relations management; Understanding of King IV report; Knowledge of ISO 31000; Ability to quantify risks; Ability to use data analytics tools and risk modelling techniques; Ability to analyse complex data and information.Note : The following employer statements apply; RAF offers Total Employment Cost packages with no additional contributions from the Employer; subscribes to employment equity principles; Security Vetting shall be conducted on all prospective employees; foreign qualifications must be evaluated by SAQA and proof provided.
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Centurion, Gauteng
R891,176.00 - R891,176.00 Y
Posted today
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