Group Governance, Compliance & Risk Manager at Pan Ocean Oil Corporation (Nigeria) Limited

Job Description:

• The role will oversee Governance, Compliance and Risk across Pan Ocean Oil Corporation (Nigeria) Limited and its related companies.
• The person will oversee processes and actions required in the identification and assessment of significant risks faced by the Group.
• The role requires that the person initiates, implements, and monitors risk mitigation measures, ensuring the coordination and review of company policies and procedures and compliance with regulatory, operational & industry guidelines.

Policy & Strategy

• Design and oversee entity-wide overall risk management strategy and framework.
• Align all risk management strategies with industry best practices to enhance the achievement of functional, corporate, and business objectives across the Group.
• Establish and quantify the risk appetite of the Group entities and advise the Management on the same.
• Maintain general and specific awareness of trends and developments in risk management in the industry.
• Manage enterprise-wide risk through identification, assessment, mitigation and training programs.
• Prepare risk management budgets for Management approval.

Risk Identification and Assessment

• Identify, assess and quantify business and operating risks the Group entities face and develop detailed mitigation plans.
• Maintain and update the risk register for the Group.
• Monitor and report on the total level of the Group entities’ risk exposure and the residual risk exposure after applying risk mitigants.
• Plan, execute, and report on various governance and assurance reviews, including post-remediation validations.
• Conduct ongoing risk assessments and assist in developing and executing a dynamic risk assurance plan to address high-risk areas.
• Lead improvements and design of innovative industry-wide compliance and controls across the Group.
• Support management in handling complex issues with internal auditors and external regulators.

Monitoring, Reporting and Stakeholder Engagement

• Craft and communicate effective data-driven reporting and updates to influence decisions and outcomes internally
• Consult with internal cross-functional and external stakeholders to ensure compliance with relevant policies and regulations.
• Stay abreast of current events and the regulatory environment and how they may affect the Group processes and compliance.
• Monitor compliance with major operating agreements, PSC, JOA and PIA 2021 and many other relevant institutional and regulatory policies and regulations.