Head of Risk Sugar/Salt/Cement Business Units

Processes Supported: Identification, Assessment, Monitoring and Reporting of all Risk across the company.

JOB PURPOSE (S)

To oversee and proactively drive the risk management activities of the Business Unit (BU). Identify, mitigate and manage risk for the BU through focusing on risk management in the enterprise wide risk framework. Including inter alia Operational, Health and Safety, Credit and Financial risks.

DUTIES & RESPONSIBILITIES

The responsibilities will be varied and include the following Critical Performance Areas:

Develop and implement the Risk Management Framework for the unit

Create, promote and maintain a culture of risk awareness and accountability within the Group

Create & maintain ongoing awareness of end-to-end enterprise risk management framework through presentations in risk forums / meetings / presentations and issuing of communications (newsletters, emails, etc.); establish & maintain a risk reporting communication channel / process that builds a positive risk culture & promotes individual responsibility; identify & empower individuals within the division as risk champions; integrate risk management responsibilities within job descriptions; embed risk management within business planning processes, product launches, etc.; act as Risk Management liaison & champion to obtain maximum buy-in and knowledge sharing; use influence to get the business to buy into the business case (& consequences) of effective risk management & make risk management part of business and strategic plan.

Effective Implementation of risk management process and tools within the division

AWARENESS: champion & facilitate implementation of risk management system across business units in conjunction with compliance officer & business unit management

PREPARATION: co-ordinate implementation of ERMF requirements & implementation plans within division; identify stakeholders to implement ERM; plan & co-ordinate risk training; provide Risk methodology & functional training; establish divisional risk policies & perform gap analysis to ensure alignment to cluster & group policies

METHODOLOGY & TOOLS: enable user with access & tools; assist management to compile risk profiles at strategic & process levels; facilitate, co-ordinate and monitor the risk management process (identification, measurement, monitoring, management, control & reporting of risk)

CONSULTING / SUPPORT: facilitate consequence management; provide support & guidance to business; consult on solutions to mitigate identified risks; review risk profiles for completeness & quality & make recommendations to the business

Implementation and progress as per project plans; audit reports; quality of all reporting and completion of tasks as per plans; feedback from heads of Group Risk (ERM) and head of other divisional heads

Monitoring, reporting and analysis of risks management processes, exposures and trends

GOVERNANCE: guide and facilitate divisional Risk and other risk related committees, attendance and charter adherence;

RISK MANAGEMENT PROCESS: monitor status of implementation plans within division; oversee & monitor adherence and compliance to risk policies, standards & procedures within division;

EXPOSURE AND TRENDS: monitor & analyse risks and risk trends within business environment; monitor the resolution status and effectiveness of risk mitigating actions. Independently monitor management of all risk aspects within business

Implementation and progress as per project plans; audit reports; quality of all reporting and completion of tasks as per plans; feedback from heads of Group Risk (ERM) and head of other divisional heads

Representing cluster and communicating risk issues to the business and stakeholders

Representing the cluster at several steering committee and risk committee level. Facilitation and presenting of workshops and training sessions. Drafting of and advising on standard documentation in the divisions.

Liaising with business heads.

Liaising with Group Risk and other stakeholders.

Positive feedback from internal client and from Group Risk

Consequence Management

Guide and facilitate several risk related events and investigations to mitigate the consequences for the Business Unit

Effective relationship building with line management, risk management function, etc.

Internally, ensure correct reporting to management executive committee; risk committee & other stakeholders; facilitate updates of key issues log; collate BU reports & consolidate risk reporting for the Business Unit; quality review risk reports; prepare risk reports:

1.prepare consolidated risk universe, operational issues and key initiative report (monthly);

2.prepare risk environment report showing status of risk universe and compliance (monthly);

3.prepare a consolidated risk report for division & table at relevant checkpoints (monthly / quarterly); report on risk management as well as new risks that have been detected as part of monitoring at business & group level; review, analyze & follow-up on risk reports; co-ordinate reporting including dashboards, tracking implementation plans & preparation of monthly reports for  all BU Risk Related committees (in conjunction with Group RM & management); review Risk Management Committee minutes for completeness & accuracy & ensure outstanding risk issues on addendum of minutes are tracked & followed up.

Externally, ensure correct reporting to relevant parties (Stakeholders: Investors, Shareholders, Regulators, Rating agencies etc.)

Effective team and self – management (includes operational management of a department)

Manage staff effectively by providing appropriate leadership and guidance; attract, recruit, retain and grow quality staff as applicable through effective motivation, training and development, on-the-job coaching, reward and recognition and performance management; keep morale high and set culture standards; create an enabling environment in which staff are empowered to give their best; ensure compliance with company policies and procedures, corporate governance and relevant legislation; create and manage own career path; lead by example in managing stress and pressure appropriately, being flexible to the needs of the changing environment; plan and prioritize effectively, following-through to ensure that quality standards of own work are consistently and accurately maintained; use influence to get buy-in to proposals, plans and ideas and demonstrate abilities to manage conflict effectively

QUALIFICATION AND EXPERIENCE REQUIRED

Relevant degree – B COM Hons or equivalent

FRM/ Health and Safety Quality An Advantage

Direct relevant business experience (10 years+)

Manufacturing/FCMG/Supply Chain/Refinery experience essential

REPORTING RELATIONSHIPS

Functionally reports to;

GROUP CRO

Administratively reports to;

CEO BU