The National Student Financial Aid Scheme
.
The National Student Financial Aid Scheme (NSFAS) is a public entity report to the Department of Higher Education and Training. NSFAS provides academic bursaries to South African citizens plan to study at any of the 26 public universities and 50 public TVET colleges throughout the country.
Read more about this company
Enterprise Risk Management Specialist – Cape Town
Job Type Full Time
Qualification Higher National Certificate
Experience 3 – 7 years
Location Western Cape
City Cape Town
Job Field Finance / Accounting / Audit  , Law / Legal 
RESPONSIBILITIES:
Policy, Systems & Procedure Implementation
Support the enterprise risk unit, management and 1st line to identify and recommend the drafting of relevant policies applicable to the NSFAS environment.
Support the development of business processes and systems that are aligned with NSFAS environment policies.
Core Objectives Implementation
Effectively implement the Enterprise Risk Strategy, Policy, Framework, and Implementation Plan.
Develop and manage administration to support the ERM Strategy, Policy, Framework and Plans
Develop and build a network relevant to deliver on the core mandate of the RLC Business Unit.
Assist in developing overarching governance, risk and compliance policy frameworks, templates, and standards as required.
Work across the RLC Business Unit to strengthen the unit overall and contribute to its overall success.
Assisting with the implementation and maintenance of all relevant risk frameworks and policies.
Facilitating and supporting Business Units Risk Committees.
Facilitating strategic and operational enterprise risk identification workshops and Business Unit meetings.
Coordinating the maintenance of Business Units risk registers and reporting.
Compiling and maintaining the Enterprise Risk Registers for Principal and Operational risks.
Serving as the central liaison for risk champions.
Analysing large data sets and formulating concise information for decision making.
Administration of risk acceptance and policy deviations processes.
Conducting enterprise risk assessments and risk reviews.
Monitoring Business Unit risk exposure in comparison to enterprise risk appetite and tolerances.
Compiling monthly Business Unit Risk Profiles.
Compiling Quarterly reports as required.
Compiling monthly and quarterly enterprise strategic and operational risk profiles.
Monitor the enterprise risks and manage as appropriate.
Administer the action and remedial plans of business units and ascertain compliance for the NSFAS environment.
Facilitate workshops/training programmes that aim to establish a risk aware culture and framework in our policy and process environment.
Maintain Business Continuity, Disaster Recovery, and Incident Management.
Performance Management & Ethics
Ensure your performance contracting and review process follows policy and timeframes.
Set, control and report on key performance areas and performance contracts.
Coach, mentor, and train the team and develop reports for performance improvement, career progression and recognition purposes.
Maintain compliance, consistency, and take corrective action when needed.
Stakeholder Engagement & Relationships
Participate in the liaison with all stakeholders on risk and compliance matters.
Participate in the resolution of stakeholder queries and complaints in line with policies and procedures.
Project Facilitation & Implementation
Support the compilation of compliant strategy, policy, procedure, framework, and plan documents.
Support and coordinate the consolidation of compliant reports as required.
Budget optimisation
Provide inputs to the risk and compliance components of the annual budgeting and expenditure process of the planning unit activities and projects.
Assist in expense management and efficient budget utilisation as required.
Audit, Compliance Monitoring & Evaluation.
Assist in monitoring and resolution of internal and external audit findings and recommendations and tracking to resolution.
Ensure the compliance of internal and external audits of ERM and implementation of audit findings/ recommendations.
Implement identified key controls and established risk mitigation procedures as per ERM Policy, Strategy, Framework and Plan or as required.
Support the compilation, evaluation, and analysis of organisational reports in line with the ERM framework.
Information & Knowledge Management
Collaborate with stakeholders to build systems that enable the management of data obtained from different sources.
Collaborate with stakeholders to use their experience, education and understanding to obtain knowledge from this information.
Reporting & Accountability
ERM activities and changes in Risk Profiles or Operations.
Integration of Business Intelligence and KRIs into ERM and generating appropriate reports.
Enterprise strategic and operational gaps, interventions, and status of ERM
The operational plan and implementation progress.
Internal and external audit and risk findings, recommendations, and Remediation Actions.
DESIRED SKILLS AND EXPERIENCE
Minimum requirements:
NQF Level 6 in Risk Management, Compliance, Business, Commerce, Law, or related fields
Risk Management Certification or qualification.
Computer literacy – Intermediate MS Package Suite
Driver’s License
3-6 years’ experience in a similar role in risk and compliance in the public service and/or private enterprise.
Knowledge of prescripts, policy, and practices applicable to risk management, compliance monitoring and governance.
Knowledge of business operational processes and ability to refine for continuous improvement.
Knowledge of PFMA and relevant legislation.
Experience in developing and implementing policies, strategies, and frameworks and plans.
Experience in supporting and/or chairing governance committees.
Project Management Skills
Ability to work individually and as a part of a team.
Good interpersonal skills and communication.
Preferred
+7 Years’ experience in a similar role in the public service and/or private enterprise.
Experience in 2nd line Functions.
Experience in supporting, guiding challenging and leading 1st line functions.
Advanced project and policy management
Advanced Risk and Compliance knowledge and experience.
Technology and ICT experience.
Financial systems, designs, and experience.
Method of Application
Instructions:
Interested applicants must complete and submit an Employment Application Form available on the NSFAS website. The form must be supported by a detailed Curriculum Vitae which includes amongst other things the vacancy name/position title you are responding to, copies of academic qualifications, Identity Document, and names of three contactable referees. The response must be addressed to the attention of Thokozile Mnikina via the following email address: [email protected]
For Enquiries please contact: Email: [email protected]
Build your CV for free. Download CV Templates.