Vacancy Details
Employer: Ivanhoe Mines
IVANHOE MINES is looking for a Risk Specialist
Ivanhoe Mines is a leading Canadian mining company committed to becoming a global leader in the supply of critical resources required to transition our world to a low-carbon, renewable future. Ivanhoe is focused on developing and expanding its four principal mining and exploration projects in Southern Africa. The development of the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo(DRC), the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa, the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo and exploration on the Western Foreland, near Kamoa-Kakula.
Play your part in our team succeeding...
Responsible for embedding the Risk Framework throughout the assigned business units.
Requirements:
- Applicants must be in possession of a three-year NQF level 7 qualification in Internal Audit/Risk management/Accounting or a related field A Post-graduate qualification in a related field will be an added advantage.
- Degree or diploma in Risk or related field of study
- Finance experience, qualification or background will be an advantage.
- 5 years’ experience in Risk Management.
- Knowledge of documenting policies and procedures.
- Detailed knowledge of general business functions and processes.
- General knowledge of the general tools and techniques of risk management.
- Detailed understanding of controls evaluation techniques
- CA(SA)
- 5+ years’ experience in enterprise risk management role within a medium to large multinational firm with operations in South Africa, Africa and abroad.
- Mining, or similar industry experience.
- Strong analytical skills and attention to detail, with the ability to assess complex risk scenarios and implement effective mitigation strategies.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and influence stakeholders at all levels.
Your Key Performance Activities will include but not limited to:
Process:
- Consult with business unit management to determine which areas of their unit require assurance reviews for planning purposes.
- Ensure that the Risk Management plan is followed through planning, execution and reporting on processes detailed in the plan.
- Conduct risk management reviews within all operational and support functions (Finance and Governance, supervision, Human Capital, Transformation and Marketing , Legal, Mining and Project) business units to assess design and effectiveness of controls.
- Administration of the process of identifying and assessing the risks affecting the current business
- Monitoring, evaluating, and challenging the organization’s success in managing its risks.
- Prepare required documentation for planning activities, evidence work performed and ensures that shortcomings are reported.
- Responsible for validating exceptions identified by different assurance providers.
- Conduct follow up activities on identified exceptions by assessing management’s action plans in mitigating the identified risk. Perform tracking and reporting on the status of exceptions noted against management’s action plan.
- Engage regularly with management to proactively identify and manage key risk indicators within the business.
- Analyse the monthly operational incidents report to identify incidents that have impacted the business adversely and report on these items.
- Encourage and build a risk awareness culture amongst all levels of employees by providing support through educational interactions within business units.
- Monitor adherence to defined processes by performing independent risk reviews.
- Identify, escalate, and resolve process gaps or arbitrage opportunities between processes.
- Analysis of identified deviations and inefficiencies across monitored processes to identify trends
- Application of data analytic methods to analyse various financial and operational data to enable comprehensive risk assessment
- Strong understanding of enterprise risk management set out by business units to assess the effectiveness of controls set.
- Responsible for management of ad-hoc review requests from across all business units by planning, evidence work performed and report on any identified exceptions.
- Continually perform research activities on emerging and global risks that impact the company and the industry it operates in.
- Ensure that processes identified and monitored are aligned to corporate operational and governance risk profile.
- Encourage alignment with national and international standards or best practice identified operational processes.
- Ongoing management and improvement of the risk management framework for the organization.
- Overseeing, and in some areas, engaging with internal stakeholders, making recommendations, and implementing appropriate risk control actions.
- Monitoring, evaluating, challenging, reviewing, and reporting on the organization’s success in managing its risks.
- Assist in identifying and updating major risks affecting the operational function and guiding the Business units in identifying their key risk indicators.
- Provide an effective administrative function to support the risk management function.
- Develop and update of risk management policies and procedures to support and guide the internal stakeholder in their risk management objectives.
- Compile and submit all required and ad hoc reports timeously and accurately.
- Assist in the maintenance of a culture that emphasizes and demonstrates the importance of effective Risk Management to all staff.
- Monitor and control the internal assessment process to ensure compliance to risk management policy and procedures.
- Assist in the training of employees in the use of relevant operational risk management tools.
- Conduct risk assessments of the operational functions on an ongoing basis
- Involvement in the process risk management to have oversight on the frequency of process reviews, process documentation timelines and accessibility of process documents to the broader organization.
- Evaluate the company's previous handling of risks and compare potential risks with the controls
- Executing specific deep dives or investigations to better understand the risks, problems, or incidents in the organization.
- Knowledge of insurance terminology and renewal process.
- Follow-up on insurance risk recommendations and ensuring appropriate recommendations are implemented where appropriate.
The finer details:
When applying, please submit a PDF version of your CV together with certified copies (certification within a 3-month period) of your ID/passport, drivers license and qualifications.
Should you not hear from us within 30 days of the closing date please consider your application unsuccessful.
11 people have applied for this job. 605 people have viewed this job.
About Ivanhoe Mines
Ivanhoe Mines is a leading Canadian mining company committed to becoming a global leader in the supply of critical resources required to transition our world to a low-carbon, renewable future.
Ivanhoe is focused on developing and expanding its four principal mining and exploration projects in Southern Africa.
The development of the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo(DRC), the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa, the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo and exploration on the Western Foreland, near Kamoa-Kakula
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