RISK MANAGER at MEDICAL AID SCHEME

About the position

The Risk Manager plays a vital role to embed a risk culture within the Scheme. Ensuring that the Scheme's operational risk framework and governance structures remain robust and effective through identifying, analysing, and mitigating potential risk that could impact the Scheme's financial stability, reputation, or operations timeously.

Compliance

• Provide input into risk management and fraud prevention policies, procedures and strategies.-
• Monitor and assess regulatory changes and emerging risks in order to identify potential risk and recommend appropriate remedies.

Collaboraton

• Regularly collaborate with Scheme departments to address and support risk assessment and mitigation.
• Evaluate risk mitigation plans of departments and all projects within the Scheme on a quarterly basis.
• Provide support with training and educational programs for staff, promoting a culture of risk awareness.
• Facilitating and leading the Risk Management Forum
• Facilitate the annual risk workshop with Executive Management and Board.

Risk Management

• Conducting risk assessments to identify potential risk including the evaluation of existing processes and systems and/or areas of improvement.
• Develop, facilitate and implement risk mitigation strategies, policies and procedures to minimize risk exposure.-
• Recommend and implement control measures to prevent or reduce impact of any risks
• Managing and maintaining the updated Scheme Risk Register

Crisis Management

• Manage the Business Continunity Plan including stakeholder response readiness

Fraud Prevention and Ethics Management

• Develop ethics management and fraud prevention strategies including business process mapping and modelling.
• Establish and manage adherence to ethical procedures, processes and declarations within the Scheme across all stakeholder levels.
• Managing the fraud and/or corruption monitoring procedures and processes including a whistle-blowing process

Reporting

• Risk assessment analysis reporting to management and executives.
• Preparation, and presentation of risk assessment to Audit and Risk Committee and Board of Trustees.

Qualification

• Bachelor's Degree, majoring in Auditing or Risk Management.

• Post graduate qualification will be an advantage.

Experience
3-5 years operational experience in Risk Management (risk analysis, prevention, strategy development, governance and monitoring)
Proven experience with board level reporting
Project management
Knowedge of the regulatory framework and legislative requirements applicable for public entities
Knowledge of the ISO310000
Experience in the healthcare or similary industry would be an advantage

Desired Skills:

• Risk Management experience
• Degree in Auditing or risk management