Organisational Risk Officer

Description

The responsibility of an Organisational Risk Officer is to plan, organise, direct and control activities relating to risk management in order to guide the organisation in achieving its objectives.

Certification

NQF Level 8
265 Credits

Learning Outcomes

*Obtain risk management mandate and commitment.

*Develop a risk management framework, strategy and protocol.

*Implement the framework, strategy and protocols for managing risk.

*Institutionalise and facilitate the embedding of risk management.

*Monitor and evaluate the effectiveness and efficiency of the risk management framework and embedded practices.

*Continually improve the risk management framework, strategy, protocols and processes.

Rationale

Management of risk is a key issue for all organisations hence, Risk Management is a growing discipline coupled with increasing Governance and Compliance requirements in South Africa as highlighted in the King III report and entrenched with legislative and regulatory prescripts. Organisations also need to be achieving their objectives more efficiently and managing their risks proactively to protect the sustainability of their organisation.

This qualification is aimed at providing the labour market with competent Risk Officers to address the ever increasing need for practitioners that could guide industry on matters related to risk management.

The Risk Officer Qualification is required to equip learners with the theoretical knowledge of Risk Management, based on best practice as well as the skills for design, implementation and embedding of risk management. The skills will be developed in practice and through work experience and enable the learner to add value in an organisation through the consistent implementation of risk management and grow as a contributor and leader in the discipline of risk management at a higher level within the organisation.

The qualification will also enhance the development of Risk Officers into roles of leadership in risk management.