Careers in Administration
Independent Risk Management Committee Chairperson, Mpumalanga
Closing Date |
2024/08/19 |
Reference Number |
REF: RMC/20242025/CEO01 |
Tracking Number |
N/A |
Job Title |
Committee Chairperson |
Department |
Tourism and Parks Agency |
Enquiries |
Ntombi Baloi (013) 065 0649 |
Job Type |
Chairperson |
Location - Country |
South Africa |
Location - Province |
Mpumalanga |
Location - Town / City |
Mbombela |
Job Purpose |
N/A |
Minimum Requirements |
The applicants should have sufficient qualifications, knowledge and extensive experience to serve on the Risk Management Committee of the MTPA. The ideal candidate should possess (at minimum) the following:
Qualifications for Chairpersonship: - A minimum of a bachelor’s degree in Auditing, Risk Management and a Post-Graduate qualification will be an advantage. Must have one or more of the following: CRM (Prac); CRM (Prof); CRISC; CRMA, IIA and CA (SA) / Professional Accountant. A professional qualification and affiliation to a professionally recognised body for appointment as a Chairperson of the Risk Management Committee of the MTPA.
Experience: Candidates should have executive management experience in Governance, Risk Management and Internal Controls environments for more than 10 (ten) years with exposure to serving in the oversight Committees. |
Recommendation |
N/A |
Key Performance Areas |
The Chairperson will amongst other duties perform the following:
· Provide oversight on the review and monitoring of the implementation of the risk management framework, policy, charter and strategy within the MTPA. · Provide guidance on the integration of risk management into planning, monitoring and reporting processes. · Provide advice/guidance on setting risk appetite and review risk appetite, tolerance levels, and anti-fraud measures. · Lead the Committee in conducting its activities in terms of the Public Sector Risk Management Framework, PFMA, Risk Committee Charter and King IV Report on Corporate Governance. · Provide quarterly reports to the Audit, Risk and IT Committee on the state of risk management, together with aspects requiring improvement accompanied by the Risk Management Committee’s recommendations to address such issues. · Perform any other duties of the Risk Management Committee as specified in the terms of reference (Risk Committee Charter) |
Competencies |
N/A |
Remuneration |
The term of office for the Independent Chairperson of the Risk Management Committee is 5 (five) years. The appointment will be reviewed annually based on the performance and attendance of the Chairperson. The compensation of the Independent Chairperson of the Risk Management Committee will be determined at a daily tariff based on the National Treasury Remuneration Levels as signed and approved by the Minister of Finance. There is a minimum of 5 (five) meetings held per financial year. |
Notes |
Eligibility: - To be eligible for appointment or designation as Chairperson of the Risk Management Committee, the applicant must not: • Be an office bearer of any political party, movement, organisation or body of a partisan political nature, personally or through a spouse, partner or associate – (i) acquires a direct or indirect financial enterprise, which may conflict or interfere with the proper performance of the duties for a member of the Committee. · Be an un-rehabilitated insolvent or become insolvent. · Be or is removed from an office of trust on account of misconduct in respect of fraud or the misappropriation of money. Be subject to an order of a competent Court holding that person to be mentally unfit or disordered. · Within the previous 10 (ten) years, have been, nor be convicted in the Republic of South Africa or elsewhere of theft, fraud, forgery or uttering a forged document, perjury, an offence under the Financial Intelligence Sector Act, 2001 (Act 38 of 2001), or an offence involving dishonesty; or · Be convicted of any other offence committed after section 35 of the Constitution of the Republic of South Africa, 1993 (Act 200 of 1993), took effect, and sentenced to imprisonment without the option of a fine. |