About the position
Job purpose:
The incumbent will assist and support the Risk Manager in managing and monitoring the implementation of risk management and anti-corruption and integrity management services.
Qualification and Requirements
- A Bachelor's Degree/ National Diploma in Risk Management/ Finance/ Auditing/ Accounting/Forensic investigations/Law
- Professional Registration Body: Membership of Association of Certified Fraud Examiners (ACFE) or a membership of Institute of Commercial Forensic Practitioners (ICFP)
- Certified Fraud Examiner (CFE) accreditation with ACFE or Fraud Practitioner (FP) accreditation with ICFP will be added advantage
- 3 years' experience in Risk Management and fraud investigations in public sector or State - Owned Entity (SOE)
Knowledge
- Knowledge of the Public Service Legislation
- Forensic investigation principles, proactive principles, practices, and procedures
- All relevant legislation, guidelines, and standards about the conduct of forensic investigations
- Knowledge of leadership and management principles
- Knowledge of Risk Management framework and practices.
- Knowledge of Anti-corruption and integrity management framework and policies.
- Knowledge and understanding of forensic investigations framework and policies.
- Knowledge and experience in big data, digital forensics, and application of forensic tools to prevent, detect, and investigate fraud.
- Knowledge of relevant legal and statutory requirements including corporate governance principles, PFMA, Treasury Regulations and Public Services Regulations
Main Areas of Responsibility
FORENSIC INVESTIGATIONS
- Responsible to manage and perform proactive and reactive forensic components in line with the COMPANY's Fraud Prevention Policy, COMPANY Whistleblowing policy, and COMPANY Fraud investigation Standard Operating Procedures (SOP).
- Lead the execution of the tactical and operational plans of COMPANY using data analytics, forensic technologies, and digital and cyber forensics.
- Determine work procedures, prepare work schedules, and determine methods to expedite workflow and improve the investigation turnaround time.
- Conduct priority investigations or manage complex investigations with outsourced Service Providers.
- Draft and/or review investigation reports and related documentation and assure that the investigations conducted meet the required standards.
- Execute the proactive forensic assignment which might include fraud awareness training, fraud detection reviews, proactive fraud data analytics, fraud risk assessments, gap analysis, and others.
- Manage COMPANY Hotline and management tip-offs and account for all matters relating to forensic investigations.
- Keep a detailed record of all incidents logged into the Allegations Register, including managing the turnaround time of cases logged.
- Ensure that all records and evidence collected by COMPANY are secured.
- Ensuring that final reports fully address the agreed-upon project scope and making appropriate findings, conclusions, and recommendations.
- Communicating findings to COMPANY CEO or relevant Governance Structures and follow up with management to ensure that all forensic recommendations are implemented.
- Testifying in various legal proceedings (criminal, disciplinary, and other proceedings) including ensuring that outsource services are providing that support.
- Build and maintain relationships with external stakeholders, including law enforcement agencies, SAPS, SIU, and other fraud prevention entities.
FRAUD PREVENTION, DETECTION, AND INTEGRITY/ETHICS MANAGEMENT
- Coordinate the development and implementation of Anti-corruption and Integrity Management Frameworks and policies
- Establish and development of vetting and lifestyle audit policies, standards, guidelines, norms, and procedures.
- Establish and ensure the implementation of the MOU between the company and State Security Agency (SSA)
- Conduct vetting fieldwork investigations.
- Conduct lifestyle reviews, investigations, and audit.
- Conduct proactive and reactive forensic investigations for the organisation.
- Implement the ethics strategy and implementation plan.
- Conduct fraud risk assessments and implementation thereof.
- Review, update, and implement internal fraud prevention plan.
RISK MANAGEMENT
- Coordinate the development and implementation of the Risk Management Frameworks and policies.
- Co-ordinate the risk management process of the company, including the facilitation and completion of operational risk assessments.
- Ensure that risk assessments are completed on all individual projects before they are accepted.
- Provide independent assessments to Management regarding the acceptance of projects.
- Support the completion of risk assessments for various departments within the company.
- Identify, analyse, and manage all risks and threats faced by the company at the strategic and operation level.
- Synthesise information received from the Company Secretariat and from Internal Audit and use this to implement improved organisational risk management practices.
- Monitor and manage reporting of operational risk across the organisation, ensuring that executive management and the Board are able to determine the organisation's risk profile and appetite.
- Develop action plans to address all identified risks.
- Conduct and monitor risk operational intelligence in the company.
- Ensure cost-effective risk financing and risk transfer.
- Ensure that risk management is embedded within all facets of company business processes and operations including auditing practices.
- Develop a risk assessment document - identify risks and develop risk register, as well as a risk management plan
- Support the Risk Manager to monitor and report the implementation of the response strategies and report risk intelligence to EXCO / Authority, Management and the Audit and Risk Committee
GOVERNANCE, GENERAL ADMINISTRATION AND ADHOC FUNCTIONS
- Collaborate with Internal Audit, Finance, Management and Auditor-General in developing the combined assurance plan for the Institution.
- Support Risk Manager to present monthly and quarterly reports to SMT, EXCO, Audit and Risk Committee, Board and Department of Social Development (DSD) Risk and Ethics Committee.
- Support the operations of risk champions meetings.
- Coordinate capacity building programmes and facilitate orientation and training to related Committees.
- Communicate risk management, anti-corruption, and integrity frameworks to all stakeholders.
- Monitor and report on the implementation of frameworks.
- Provide advice and support on risk and integrity management to the company Directorates and Provincial Offices.
- Coordinate and implement awareness campaigns on risk, anti-corruption, and ethics measures.
- Support the development of risk management strategies and procedures.
- Review existing strategies on an annual basis and recommend changes as appropriate.
- Develop checklists to ensure Corporate Governance compliance to appropriate legal requirements including PFMA, the company Act, and Treasury Regulations etc.
- Identify areas for continuous process improvement.
- Communicate with other departments and external parties as appropriate.
- Assist in the implementation of Business Continuity Management Frameworks.
- You will be required to undertake any reasonable duty as requested by Management.
KEY RELATIONSHIP INTERFACES
Internal Relationships - other than reporting lines (manager and subordinates
- Internal Audit
- IT
- Legal
- Business Units
- Senior Management
- Board
- Combined Assurance Forum
- Risk Champions
External Relationships (With Local/Provincial structures and other key parties, specify)
- Suppliers
- Vendors
- Service Providers
- Insurance Companies
- Professional Bodies
Desired Skills:
- Forensic investigations and analytical capabilities
- Programme and project management
- Financial management
- Negotiation
- Creativity & innovation
- Ability to work as a team member
- Strong analytical skills and ability to interpret and advise on the application of legislation
- High levels of discretion and sensitivity
- Monitoring and Evaluation
- Change Management
- Stakeholder Management
- Excellent communication skills
Desired Work Experience:
Desired Qualification Level:
