Senior Risk Officer

Position Overview: As a Senior Risk Officer in the South African FMCG industry, you will play a pivotal role in identifying, assessing and mitigating risks associated with a fully integrated food production business. Your expertise will be critical in ensuring that our operations are conducted responsibly and profitably in a dynamic and challenging industry landscape.

Key Responsibilities:

1. Maintain and review Enterprise Risk Management policies, frameworks and procedures.
2. Continuously monitor and track risks to ensure that the risk management strategies and controls are effective.
3. Promote risk awareness and understanding throughout the organisation.
4. Communicate risk-related information to key stakeholders, provide training and education on risk management principles and practices, and foster a risk-aware culture within the organisation.
5. Establish and maintain Risk Governance structures including risk champions, risk working groups, committees and forums.
6. Risk Assessment and Management:
7. Conduct comprehensive risk assessments across various aspects of fully-integrated supply chain functions across multiple sites.
8. Establish risk monitoring systems, collect relevant data, and provide regular reports to management and stakeholders on the status of risks, mitigation efforts, and emerging trends.
9. Develop risk management strategies and action plans to mitigate identified risks effectively.
10. Monitor and evaluate the effectiveness of risk mitigation measures and adjust strategies as necessary.
11. Risk Control and Risk Transfer:
12. Manage risk control and insurance programs in conjunction with the business’ insurance brokers and risk consultants.
13. Manage compliance with adopted risk management standard.
14. Coordinate and review underwriting surveys and reporting.
15. Collate and consolidate all underwriting information.
16. Manage insurance claims process.
17. Crisis Management and Business Continuity:
18. Develop contingency plans and protocols for responding to emergencies.
19. Coordinate crisis response efforts across departments to minimize operational disruptions and reputational damage.
20. Conduct post-incident reviews and implement improvements to crisis management protocols.
21. Conduct regular business impact assessments in line with business continuity management framework and plan.

Required Skills and Qualifications:

1. Education: Bachelor’s degree with Finance, Economics, Engineering, Business Administration, Risk Management, Legal or related fields. A Master’s degree or relevant professional certifications (e.g., CRM, ARM) is preferred.
2. Experience: At least 5-7 years of progressive experience in risk management, preferably within the FMCG industry or related sectors.
3. Analytical Skills: Strong analytical abilities with the ability to interpret complex data, conduct risk assessments, and develop data-driven risk management strategies.
4. Communication: Excellent verbal and written communication skills, with the ability to convey complex information clearly and concisely to diverse stakeholders.
5. Leadership: Proven leadership and team management skills, with the ability to lead cross-functional teams and influence decision-making processes.
6. Adaptability: Ability to thrive in a fast-paced and evolving industry environment, demonstrating resilience and adaptability to changing regulatory requirements and market conditions.

Working Conditions: This position is based in Cape Town and may require travel to various sites in the Western Cape. The role may involve occasional extended hours and on-call availability during critical periods.