Risk Management Committee Chairperson – Pretoria – Compensation Fund

About the Role

The Compensation Fund is seeking a dedicated and experienced individual to fill the position of Risk Management Committee Chairperson in Pretoria. This crucial role involves overseeing governance, risk management, internal control, and compliance, ensuring the effective execution of responsibilities related to risk management within the Compensation Fund. By stepping into this position, you will play a vital part in safeguarding the integrity and transparency of public service within South Africa, directly contributing to the welfare and protection of the community.

Located in the heart of Pretoria, this position allows you to make a meaningful impact on public service and governance. The Chairperson will not only regulate and discharge responsibilities as stipulated in the Compensation Fund Risk Committee Terms of Reference but will also serve as a member of both the Compensation Fund Audit Committee and the Department of Employment and Labour National Risk Management Committee. This role is designed for a leader who is passionate about enhancing public sector accountability and governance.

About the Department

The Compensation Fund operates under the Department of Employment and Labour, which is committed to ensuring fair labour practices and safeguarding the rights of workers across South Africa. The Fund plays a crucial role in providing compensation to workers who are injured or become ill due to their work, reinforcing the commitment to a safe and healthy work environment. Working in this department means being part of a mission that prioritises the welfare of workers and the integrity of the labour market.

What You’ll Do

• Oversee governance and risk management strategies within the Compensation Fund.
• Ensure compliance with legal and regulatory standards in all operations.
• Collaborate with the Accounting Officer to enhance risk management practices.
• Lead the Compensation Fund Risk Management Committee, providing strategic direction and oversight.
• Serve on the Audit Committee and the National Risk Management Committee, contributing to broader risk management initiatives.
• Promote anti-corruption measures and integrity management within the Fund.
• Facilitate effective communication and collaboration among stakeholders involved in governance and compliance.

What You’ll Need

• An undergraduate qualification (NQF Level 6) in Accounting, Risk Management, or Auditing; post-graduate qualifications or certifications are advantageous.
• A minimum of 10 years of leadership experience, particularly in chairing Risk or Audit Committees in large public or private sector institutions.
• Extensive knowledge of Labour, Insurance, Risk Management, Governance, and Compliance Management.
• Familiarity with relevant ISO standards, COSO model, and Public Sector Risk Management Framework.
• Strong leadership and analytical skills, with the ability to communicate effectively and challenge the status quo.
• A high level of integrity and commitment to public service values.

How to Apply

Please refer to the application instructions below.