Independent Risk Management Committee Chairperson

• Three (3) Year Contract
• The Eastern Cape Department of Transport – Government Fleet Management Services Trading Entity calls on suitably qualified and interested persons to serve as the Entity Chairperson of the Risk and Ethics Management Committee (REMC) for a period of three (3) years.

Terms of Office and Remuneration

• This appointment is for a period of three (3) years but may be renewed at the discretion of the Head of Entity.
• This is not a full-time appointment. The Risk and Ethics Management Committee has four statutory meetings per annum, and additional meetings may be convened by the Chairperson as deemed necessary by the Committee or the Head of Entity.
• Appointment and remuneration will be in accordance with the Provincial Treasury Instruction Note No. 6 of 2014/15.

Requirements

• Relevant bachelor’s degree and a post-graduate degree in Risk Management, Auditing, Governance, Law, Accounting, or other public sector relevant qualifications.

Professional Certifications (added advantage):

• CA(SA) / CIA / CFE / CRP Prof / Certified Ethics Officer / Certified Fraud Examiner.
• 5 to 10 years’ senior management experience gained from a strategic management, finance, risk management/anti-fraud and corruption environment, and/or an auditing/financial background, preferably in the public service.
• Strong background in risk management, ethics management, fraud risk management, business continuity management, ICT, or auditing.
• Intimate knowledge of public sector processes.

Skills and Competencies

• Be independent and knowledgeable with experience in participating in governance structures.
• Be able to dedicate sufficient time to the activities of the Risk and Ethics Management Committee.
• Possess strong analytical abilities and good communication skills.

Duties

• Serve as the oversight committee appointed by the Head of Entity to assist in discharging Risk and Ethics Management responsibilities in terms of the approved Terms of Reference.
• Review the Risk and Ethics Management policies, fraud policies, frameworks, strategies, and plans before recommending approval by the Head of Entity.
• Review the business continuity management policy, strategy, and plans before recommending approval by the Head of Entity.
• Review the Entity’s risk assessment methodologies to obtain reasonable assurance.
• Report any material change to the risk profile of the Entity to the Head of Entity.
• Review any material findings and recommendations by assurance providers on the system of risk management and ensure that appropriate action is instituted to address identified weaknesses.
• Evaluate the effectiveness of monitoring systems pertaining to fraud and corruption and review the results of management investigations and follow-up of alleged acts of impropriety (fraud, corruption) and related matters.
• Provide strategic advice to leadership on ethical issues.
• Provide support to the Chief Risk Officer in promoting integration and collaboration of various ethics-related functions (such as anti-fraud and anti-corruption, compliance, internal audit, and investigations).
• Attend Audit Committee meetings as Chairperson of the Risk and Ethics Management Committee.