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  • Posted: Jan 24, 2025
    Deadline: Not specified
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    Risk Management and Control Manager

    Job Description

    • Develop and implement a comprehensive risk management strategy that aligns with the company’s long-term objectives, operational goals, and industry best practices.
    • Enhance the company’s processes for risk identification, assessment, and mitigation to reduce financial, operational, strategic, and compliance-related risks.
    • Continuously monitor the external environment (economic, political, regulatory) and internal business processes to identify potential risks proactively.
    • Promote a risk-aware culture throughout the organization, ensuring all employees and stakeholders understand their roles in managing risk.
    • Advise senior leadership on the impact of various risks on the company’s growth and financial health.

    Operational Objectives

    • Lead the development, review, and implementation of the company's risk management policies and procedures.
    • Establish and maintain a risk register to track, evaluate, and prioritize risks, with defined mitigation and management plans.
    • Conduct risk assessments and facilitate risk workshops to identify new and emerging risks in the energy sector, particularly in Nigeria and the broader international market.
    • Coordinate and oversee risk reporting mechanisms, ensuring that risk data is accurate, timely, and accessible to key decision-makers.
    • Ensure compliance with local and international regulations, industry standards, and corporate governance frameworks.
    • Develop and lead training programs to raise awareness of risk management practices and control procedures across departments.
    • Regularly review and test internal controls to ensure they remain effective and adapt them as necessary to mitigate risks.
    • Prepare reports and presentations for senior management on risk management activities, including recommendations for risk mitigation and control enhancements.
    • Provide risk-related advice for major business projects, ensuring risk is considered in the early stages of project development.

    Key Responsibilities

    • Risk Identification & Assessment: Proactively identify potential risks related to operations, finance, regulations, cybersecurity, environmental factors, and geopolitical influences. Conduct regular risk assessments and analysis of the company's exposure.
    • Risk Mitigation Strategy: Develop and implement appropriate strategies to mitigate identified risks, including creating action plans, controls, and processes that prevent or reduce the impact of risks.
    • Internal Control Oversight: Design and monitor internal controls to mitigate risks, particularly in critical areas such as financial reporting, compliance, safety, and operational processes.
    • Risk Reporting: Produce timely risk reports for management, highlighting key risks, potential impacts, and mitigation strategies. Maintain up-to-date risk records and dashboards.
    • Regulatory Compliance: Stay updated on local and international regulatory changes in the energy sector and ensure that the company's activities comply with applicable laws and standards.
    • Training & Awareness: Lead initiatives to ensure all employees are trained on risk management practices and their roles in mitigating risks.
    • Crisis Management: Support crisis management planning and response, providing risk-related insights and coordinating risk mitigation strategies during unforeseen events or incidents.
    • Stakeholder Management: Collaborate with external stakeholders, including regulators, insurers, and auditors, to ensure the company’s risk management practices align with industry standards and requirements.

    Requirements

    • A minimum of 7-10 years of experience in risk management or a related field, with at least 3 years in a managerial or leadership role within the energy industry.
    • Bachelor’s degree in Finance, Business Administration, or a related field.
    • Master’s degree (MBA, MSc in Risk Management, or related fields) is an added advantage.
    • Demonstrated experience in developing and implementing risk management strategies, policies, and controls.
    • Proven track record of managing complex risk scenarios in a large organization, particularly in the energy or infrastructure sectors.
    • Experience in regulatory compliance and risk reporting, including working with auditors, regulators, and external stakeholders.
    • Experience in crisis management, including effectively managing high-risk situations and emergencies
    • Professional certifications such as ICAN, Certified Risk Manager (CRM), and Certified Internal Auditor (CIA) are highly desirable.
    • Full-time position based in Nigeria with occasional travel to project sites or international offices.
    • The position may require long working hours depending on the risk environment and project deadlines.
    • Will be part of a dynamic and collaborative team focused on addressing challenges and driving success in the energy sector.

    Method of Application

    Interested and qualified? Go to Total Data Limited on zurl.to to apply

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