Vice President: Risk Management needed at AECI Limited

Job Description

Stakeholder Management:

• Providing professional Enterprise Risk Management support to the Board Risk Committee, Executive Committee and the other Board Sub-Committees.
• Implementing a dynamic Enterprise Risk Management Policy, Framework and process.
• Identifying existing and emerging risks and threats to the achievement of the company’s strategic, SHEQ, ESG, financial, operational, people, compliance and reporting objectives.
• Assessing the design of risk mitigation strategies and processes during risk workshops in a real-time basis.
• Tracking and reporting on the implementation of risk mitigation strategies and processes.
• Facilitating a process to effectively set, measure and report on risk appetite and tolerance by way of Key Risk Indicators.
• Facilitating a process for management to identify opportunities (and not only risk).
• Assessing the design of strategies to convert opportunities and tracking and reporting on the status of implementation of such strategies.
• Implementing a robust and integrated combined assurance strategy and process which provides for coordination of assurance activities across all lines of assurance.
• Establishing and chairing a Combined Assurance Forum.
• Providing leadership and counsel to the Board and the Executive Committee on governance, risk, control, and assurance related matters.
• Providing the Group Risk Committee and Executive Committee with timely, accurate and meaningful risk reporting

Internal Control and Corporate Management:

Providing written assessments on the effectiveness of the system of the control environment and systems of internal control and risk management to the Board Audit Committee with regards to:

• Information systems environment
• Reliability and integrity of financial and operational information
• Effectiveness and efficiency of operations and programs
• Safeguarding of assets
• Effectiveness of risk management and mitigation plans
• Compliance with laws, regulations, policies, procedures, contracts and controls
• Strategic planning process
• Communication of risk and control information
• Organisational performance monitoring and reporting
• Sustainability reporting
• Coordination of activities and communicating information among the Board, external and internal audit and management

People Management:

• Ensure the risk management team skills mix and diversity according to AECI’s objectives and risks.
• Mentoring, coaching and developing risk management team.
• Creating a dynamic environment that promotes and rewards high performance.

Qualifications & Experience

• Post graduate degree or equivalent in audit, accounting, risk or a related field is required
• 10 years’ proven experience in leading a successful risk management function at a large multi-national organisation with complex processes, at Senior Executive level with a demonstrated knowledge of and ability to implement best practices and relevant technology (preferably in the manufacturing /mining/chemical sector)
• Proven ability to build and manage a risk team
• Proven ability to embed an ERM framework and combined assurance approach within a multi-national organisation

Knowledge:

• Enterprise Risk Management standards and implementation thereof at a strategic, tactical and operational level.
• Ability to facilitate strategic and operational risk workshops at a Board and Executive Committee level.
• Corporate Governance standards and the application thereof.
• Regulatory and Statutory Compliance Strategies and Frameworks
• Integrated risk assurance strategies and the implementation thereof.
• Understanding of relevant geopolitical landscapes and their impact on AECI.
• Proven ability to lead and manage a comprehensive, dynamic and proactive program of risk management, consulting and training in risk identification, assessment and control.
• Extensive risk management experience at a Board and Executive Management level.
• Possess relevant experience in one or more tightly regulated industry sectors and with complex and decentralized business environments.
• Proven ability to design a comprehensive risk plan based on strategic objectives and risks across a complex enterprise with multiple missions and many internal and external stakeholders (International focus).

Key Competencies:

• Communication skills
• Strong business acumen
• Commercial awareness
• Leadership
• Innovation
• Analytical thinking