Company: Construction Education and Training Authority
Location: Midrand, South Africa
Date Posted: 16-9-2024
The Risk Manager will be responsible for identifying, assessing, and managing risks that could impact the organization’s objectives. This role involves developing and implementing risk management strategies, monitoring risk exposures, and ensuring compliance with regulatory requirements. The ideal candidate will have a strong analytical mindset, excellent problem-solving skills, and the ability to communicate effectively with stakeholders at all levels.
Key Responsibilities:
Risk Identification: Conduct thorough risk assessments to identify potential risks affecting the organization, including operational, financial, strategic, and compliance-related risks.
Risk Assessment: Evaluate the likelihood and impact of identified risks using qualitative and quantitative methods. Prioritize risks based on their significance and potential impact on the organization.
Risk Mitigation: Develop and implement risk mitigation strategies and action plans to address and reduce the impact of identified risks. Ensure that appropriate controls are in place and functioning effectively.
Risk Monitoring: Continuously monitor risk exposures and the effectiveness of risk management strategies. Regularly review and update risk assessments and mitigation plans as needed.
Risk Reporting: Prepare and present risk management reports to senior management and the board of directors. Provide insights into risk status, mitigation efforts, and any emerging risks.
Compliance: Ensure that the organization complies with relevant regulatory requirements and industry standards. Stay informed about changes in regulations and best practices in risk management.
Training and Awareness: Develop and deliver risk management training programs to educate employees about risk management practices and promote a risk-aware culture within the organization.
Stakeholder Communication: Collaborate with internal and external stakeholders to address risk-related concerns and provide guidance on risk management issues.
