- Umhlanga
- Salary: Market Related
- Job Type: Permanent
- Sectors: Hospitality Finance
- Reference: 88224
Vacancy Details
Employer: Hollywoodbets
Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.
We have an amazing opportunity for a Chief Risk Officer (CRO). Do you think you have what it takes to be our newest Purple Star?
The Chief Risk Officer (CRO) plays a pivotal role in setting and overseeing the Enterprise Risk Management Framework of an organisation. The primary responsibility of the CRO will be to ensure that the organisation identifies, assesses, and manages its risks across all facets, including strategic, operational, financial, technological, regulatory, governance, and reputational risks.
The Chief Risk Officer (CRO) will report to and work with executive management and will liaise with employees across the organisation as well as the Board of Directors and the Risk and Finance Committee, in an effort to proactively and collaboratively drive the risk culture that is consistent with the company’s risk appetite. They will be responsible for leading and directing the Risk Function and ensuring effective strategic as well as operational risk management and assurance, while aligning with the organisation’s strategic goals and regulatory requirements.
With Hollywoodbets You Will:
Innovate and create as part of a like-minded, authentic Team eager to achieve goals.
Embrace challenges and the thrill of working in a vibrant and fast-paced industry.
Grow with our development plans and culture that allows you to further your career.
You Bring:
- Bachelor’s or Post-Graduate degree in Risk Management, Finance or Internal Audit, Economics, Business Administration, or related fields.
- Minimum 3 to 5 years’ experience, spent in Risk Management roles as a Senior Manager.
- Extensive experience in risk management, preferably in a senior leadership role, within the specific industry of the organization.
- Strong analytical and strategic thinking skills, with the ability to interpret complex information and make informed decisions.
- Excellent communication and interpersonal skills, with the capability to engage and influence stakeholders at all levels of the organization.
- Deep understanding of the regulatory environment and compliance requirements related to risk management.
- Proven leadership and team management abilities, with a track record of developing high-performing teams.
A Bonus To Have:
- Professional certifications in risk management (e.g., FRM, CRM) are highly desirable.
- Member of the Institute of Risk Management of South Africa (IRMSA) is advantageous
What You’ll Do For The Brand:
Risk Strategy Development and Implementation:
- Develop and implement a comprehensive enterprise risk management strategy and framework that aligns with the organisation’s objectives, culture, and regulatory environment.
- Continuously review and update the risk management strategy and policies to adapt to new threats, business practices, or changes in the regulatory landscape.
- Risk Identification and Assessment:
- Lead the identification and assessment of all potential risks, including financial, operational, strategic, technological, governance, and compliance-related risks.
- Ensure that risk assessments are conducted regularly and comprehensively, utilising both quantitative and qualitative analysis methods.
- Oversee the monitoring of the organization’s risk exposure and the effectiveness of its risk management strategies.
- Develop and present regular risk reports to the CEO, COO, board of directors, and relevant committees, highlighting the current risk profile, emerging risks, and recommendations for mitigation.
- Coordinate with other departments to develop and implement risk mitigation strategies, policies, and procedures.
- Ensure that risk mitigation plans are effectively communicated and implemented across the organization.
- Ensure the organization’s compliance with applicable laws, regulations, and standards related to risk management.
- Advise the board and senior management on regulatory changes and strategic implications related to risk.
Crisis Management and Business Continuity:
- Lead the development and implementation of crisis management and business continuity plans to ensure organizational resilience in the face of unforeseen events.
- Coordinate responses to crises and significant risk events, ensuring effective communication and mitigation strategies are executed.
Leadership and Team Development:
- Build and lead a high-performing risk management team, providing guidance, training, and development opportunities.
- Promote a risk-aware culture across the organisation through training and communication initiatives.
Working Conditions:
- The role typically operates in an office environment but may require travel to different company sites or for regulatory and stakeholder meetings.
- Expectation to manage high-stress situations, especially during crisis events or periods of significant change.
What You’ll Bring to The Team:
- Excellent communication and interpersonal skills.
- Impressive planning, organizational, and time management skills.
- Demonstrate exceptional attention to detail.
- Great interviewing skills with the ability to source and identify good calibre candidates.
- Good relationship management and problem-solving skills.
- Must be self-motivated, driven, results orientated, and able to take accountability.
- Strong reporting skills.
- Strong computer skills, with a proficient knowledge of MS Office, and the ability to learn and utilize company personnel systems.
- Ability to work with volumes and deliver in a high-pressure environment.
So, are you ready to level up, learn, and perform at your best? Apply now!
Please note that only applicants who meet the stipulated minimum requirements will be considered.
6 people have applied for this job. 373 people have viewed this job.
About Hollywoodbets
At Hollywoodbets, we believe that everyone should be treated like a STAR. Whether they are in one of our retail branches or online in the comfort of their own home, all our customers get the larger-than-life Hollywood experience, glitz, glamour and world-class entertainment. But behind the success of every Hollywood Star, is a dedicated and hard-working Team, who strive for success.
Born and bred on the sunny coast of Durban, our brand has expanded beyond our 90 branches to offer state-of-the-art online, telephonic and mobile betting platforms on a global scale.
Our success is driven by our Purple Team who pride themselves on first-class customer service while working together to go beyond the limits, ensuring that we are the bookmaker of choice in South Africa, Mozambique, Kenya, Ireland and the UK.
Being a part of our Team also means being associated with sporting stars like the Hollywoodbets Dolphins, Cell C Sharks as well as Premiere League football club, Brentford FC. Team Members can take pride in being part of a company that has naming rights to the Hollywoodbets Kingsmead cricket stadium, Hollywoodbets Kings Park rugby stadium and racecourses such as Hollywoodbets Greyville, Hollywoodbets Scottsville, Hollywoodbets Kenilworth and Hollywoodbets Durbanville.
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