General Manager - Risk and Compliance
Job purpose:
Implement a
comprehensive second line assurance function and framework for the Opco and its
Board of Directors. The purpose being to effectively manage all risk exposures
of an internal or external nature (strategic, operational, compliance,
financial, technology, external etc) and ensure existence of effective internal
processes and policies in general and specifically in relation to compliance to
laws and regulations across the MTN Footprint. The role is responsible for
overseeing risk-taking/ risk management activities across the opco as well as
implementation of all aspects of the risk and compliance function, including
implementation of processes, tools and systems to identify, assess, measure,
manage, monitor and report risks.
Responsibilities:
· Implement the Group risk management framework in the opco for MTN to effectively manage all risk exposures (opportunity, hazard, uncertainty etc) that pose an internal or external threat (political, economic, financial, market, international) to the business, its people and assets
· Implement the Group compliance framework for MTN to effectively manage compliance to all applicable laws and regulations and a common set of policies and procedures
· Manage the risk to the Opco its employees, customers, reputation, assets and interests of stakeholders
· Assist in the development of and manage processes to identify and evaluate business areas' risks and risk and control self-assessments.
· Build a risk-aware culture in the opco by providing ongoing education and appropriate briefing and training
· Investigate and research emerging risks and trends in the industry advising management where appropriate
· Implement appropriate systems for monitoring the effectiveness of all the risk management services and compliance; and present findings to the relevant parties and governance structures (MTN Group, Opco CEO, Opco ExCo, OpCo ARC etc)
· Manage the process for elevating / escalating control risks to more senior levels when appropriate.
· Effective management of the corporate risk and control assessment reporting process as well as management and maintenance of the infrastructure elements
· Analyse all costs associated to risk non-compliance, maintenance and prevention
· Ensure risk evaluation, which involves comparing estimated risks with criteria established by the organisation such as costs, legal requirements and environmental factors, and evaluating the organisation's previous handling of risks
· Ensure corporate governance involving external risk reporting to stakeholders
· Ensure effective implementation of the disaster recovery, business continuity, risk management and access controls frameworks in the opco
· Ensure effective implementation of insurance risk management framework and strategies including establishment of appropriate and effective claims management processes
· Develop and implement security policies, protocols and procedures to ensure that the employees, assets and buildings remain protected.
· Implement the Opco Ethics management program to ensure that the organisation conducts business in an ethical and socially responsible manner
· Implement mechanisms to training, monitor and test compliance to all laws and regulations in the compliance universe of the Opco
· Provide recommendations to enhance the Company's Risk and Compliance Management's road-map, policy, framework, methodology and system
· Conduct Post Investment Reviews of major CAPEX to ascertain whether proposal cost benefits are being realised and report to Senior Management
· Establish and chair risk and compliance management governance fora and act as the accountable head for chairing and monitoring such forums.
· Develop strategies for ensuring future compliance and mitigation of risk i.e Material legislations, fines and reporting requirements for various regulators (also includes JSE)
· Develop and present risk and compliance management plans, status and issues to Opco and Group governance structures as required
· Collaboratively work with Group, Regional and other Opco’s risk and compliance functions to enhance overall risk and compliance management posture of MTN as a whole
· Establish a continuous improvement mechanism to enhance the maturity level of risk management and compliance processes within the Opco
· Establish and lead high-performance diverse teams to achieve MTN risk management objectives.
· Implement the Group risk management framework in the opco for MTN to effectively manage all risk exposures (opportunity, hazard, uncertainty etc) that pose an internal or external threat (political, economic, financial, market, international) to the business, its people and assets
· Implement the Group compliance framework for MTN to effectively manage compliance to all applicable laws and regulations and a common set of policies and procedures
· Manage the risk to the Opco its employees, customers, reputation, assets and interests of stakeholders
· Assist in the development of and manage processes to identify and evaluate business areas' risks and risk and control self-assessments.
· Build a risk-aware culture in the opco by providing ongoing education and appropriate briefing and training
· Investigate and research emerging risks and trends in the industry advising management where appropriate
· Implement appropriate systems for monitoring the effectiveness of all the risk management services and compliance; and present findings to the relevant parties and governance structures (MTN Group, Opco CEO, Opco ExCo, OpCo ARC etc)
· Manage the process for elevating / escalating control risks to more senior levels when appropriate.
· Effective management of the corporate risk and control assessment reporting process as well as management and maintenance of the infrastructure elements
· Analyse all costs associated to risk non-compliance, maintenance and prevention
· Ensure risk evaluation, which involves comparing estimated risks with criteria established by the organisation such as costs, legal requirements and environmental factors, and evaluating the organisation's previous handling of risks
· Ensure corporate governance involving external risk reporting to stakeholders
· Ensure effective implementation of the disaster recovery, business continuity, risk management and access controls frameworks in the opco
· Ensure effective implementation of insurance risk management framework and strategies including establishment of appropriate and effective claims management processes
· Develop and implement security policies, protocols and procedures to ensure that the employees, assets and buildings remain protected.
· Implement the Opco Ethics management program to ensure that the organisation conducts business in an ethical and socially responsible manner
· Implement mechanisms to training, monitor and test compliance to all laws and regulations in the compliance universe of the Opco
· Provide recommendations to enhance the Company's Risk and Compliance Management's road-map, policy, framework, methodology and system
· Conduct Post Investment Reviews of major CAPEX to ascertain whether proposal cost benefits are being realised and report to Senior Management
· Establish and chair risk and compliance management governance fora and act as the accountable head for chairing and monitoring such forums.
· Develop strategies for ensuring future compliance and mitigation of risk i.e Material legislations, fines and reporting requirements for various regulators (also includes JSE)
· Develop and present risk and compliance management plans, status and issues to Opco and Group governance structures as required
· Collaboratively work with Group, Regional and other Opco’s risk and compliance functions to enhance overall risk and compliance management posture of MTN as a whole
· Establish a continuous improvement mechanism to enhance the maturity level of risk management and compliance processes within the Opco
· Establish and lead high-performance diverse teams to achieve MTN risk management objectives.
Requirements
Education:
· Minimum of BAC+4 in Business Administration (DBA/ Degree in Risk Management/bachelor’s in finance or other related disciplines)
· Minimum of BAC+4 in Business Administration (DBA/ Degree in Risk Management/bachelor’s in finance or other related disciplines)
· MBA or Master's advantageous
Skills & Competencies:
· Fluent in both English and French
· Risk Management
· Business Continuity
· Insurance will be an added advantage.
· Deep understanding of the MTN business strategy, Risk and Compliance strategy
· Understanding of the relevant legal and legislative environments
· Audit/compliance and risk management
· Data interpretation
· Problem Solving
· Influencing others
· Audit/compliance and risk management
· Data interpretation
· Problem Solving
· Influencing other
· Conflict resolution and client management
· Communication
· Innovative
· Agile
· Accountable
· Risk Management
· Business Continuity
· Insurance will be an added advantage.
· Deep understanding of the MTN business strategy, Risk and Compliance strategy
· Understanding of the relevant legal and legislative environments
· Audit/compliance and risk management
· Data interpretation
· Problem Solving
· Influencing others
· Audit/compliance and risk management
· Data interpretation
· Problem Solving
· Influencing other
· Conflict resolution and client management
· Communication
· Innovative
· Agile
· Accountable
Benefits
Competitive salary package including housing allowance, health insurance for the family, car allowance, education allowance, and a complementary pension.