Risk Management Committee (chairperson)

Requirements:

• A postgraduate qualification in risk management, auditing, accounting-related, or any relevant qualification rated at NQF level 8 by the South African Qualifications Authority. Membership in good standing with the Institute of Risk Management South Africa (IRMSA).
• Must have a minimum of 5 years' experience serving as Chairperson or member of a Risk Management or Audit Committee in the Public Sector. A minimum of 5 years of managerial experience in risk management, auditing, ethics and integrity management, anti-corruption or related fields.
• Demonstrable understanding of the public sector risk management framework and relevant legislation, including the Public Finance Management Act, Treasury Regulations, ISO31000, King V report on corporate governance and the COSO Framework, ISO 22301 on Business continuity management.

Duties:

• Chair the Risk Management Committee meetings and guide the Committee in conducting its activities in accordance with the Public Sector Risk Management Framework, and relevant Legislations. Provide oversight on the review and monitoring of the implementation of the Risk Management Strategy, Policy, Charter and Framework.
• Provide proper and timely reports to the Accounting Officer and to the Audit Committee on the implementation and effectiveness of risk management within the Department, with aspects requiring improvement accompanied by the Committee's recommendations to address such aspects.
• Provide advice/guidance on setting of risk appetite and tolerance levels. Provide oversight on the review and monitoring of anti-corruption strategy, policy and implementation plan. Provide oversight on the review and monitoring of the ethics management strategy, policy and implementation plan. Provide oversight and guidance on the development of the business continuity management systems.