Risk Engineer at Terra Energy Services Nigeria Limited

Job Description:

• Identify, analyze, and evaluate project risks using structured risk management methodologies.
• Support the development and implementation of risk management frameworks for oil and gas projects.
• Conduct qualitative and quantitative risk assessments, including probability-impact analysis.
• Utilize risk analysis tools such as HAZOP, HAZID, FMEA, Bow-Tie Analysis, and Monte Carlo simulations.
• Maintain and update the risk register, ensuring proper documentation of identified risks and mitigation measures.
• Ensure compliance with NOGICD Act 2010 and relevant industry risk management standards (ISO 31000, PMI Risk Management, etc.).
• Work closely with engineering, project management, procurement, and finance teams to mitigate project uncertainties.
• Prepare risk reports, dashboards, and presentations for stakeholders.
• Monitor emerging risks and recommend appropriate mitigation strategies.
• Support risk awareness training and workshops for project teams.

Academic Qualification:

• University degree/Higher National Diploma in a relevant discipline (Engineering, Risk Management, or related field).

Work Experience:

• 5–7 years of experience in risk engineering, project risk management, or related roles in the oil and gas industry.

Technical/Leadership Skills:

• Strong knowledge of risk assessment methodologies and tools (HAZOP, HAZID, QRA, FMEA, Monte Carlo simulations, etc.).
• Proficiency in risk analysis software (Primavera Risk, ARM, @RISK, or equivalent tools).
• Understanding of NOGICD Act 2010 and regulatory risk compliance.
• Ability to develop and maintain risk registers and mitigation plans.
• Strong analytical skills with experience in risk trend analysis and forecasting.
• Familiarity with contractual and financial risk assessment.
• Good stakeholder management and reporting skills.

Key Skills:

• Proficiency in MS Office (Excel, PowerPoint, Word, etc.).
• Strong problem-solving and critical thinking abilities.
• Excellent attention to detail.
• Ability to work in high-pressure environments and manage multiple tasks efficiently.
• Strong organizational and documentation skills.

Principal Accountabilities:

• Assist in the development and implementation of risk management strategies.
• Conduct detailed risk analysis and provide mitigation recommendations.
• Ensure compliance with NCDMB and industry risk guidelines.
• Provide risk monitoring, variance analysis, and reporting.
• Support procurement and contract teams with risk-based decision-making.

Soft Skills:

• Effective Communication
• Attention to Detail
• Problem-Solving
• Collaboration & Teamwork
• Strategic Thinking & Risk Awareness