Risk Officer at Ibadan Electricity Distribution Company (IBEDC) Plc

Location: Ibadan, Oyo

Job Description

• Define broad guidelines that will ensure business risks are identified, assessed, managed, monitored and report in a uniform manner within the company.

Responsibilities

• Assists with the identification and management of key operational risk issues
• Assists with the collection of information for preparation of monthly and quarterly risk management reports (including KRIs and KPIs for credit, liquidity, market, operational, strategic, compliance/legal and reputational risk)
• Provides support in the development and implementation of key risk indicators and key performance indicators, plus tracking and trend reporting of same for the organization.
• Assists with preparing and updating operational risk assessments, operational risk framework; monitoring and keeping them up to date to ensure appropriate management.
• Assists in ensuring all relevant management develop and communicate risk management policies, risk appetite and risk limits within agreed timeframes.
• Assists in ensuring action plans associated with identified risk issues are communicated and actioned within applicable timelines.
• Assists in establishing, communicating and facilitating the use of appropriate Risk Management methodologies, tools and techniques.
• Determine solutions to minimize or eliminate risks/Examine & interpret statistical reports Monitor and assess the post-period implementation of risk management strategies.
• Co-ordinate and collate Key Risk Indicator information from the business areas and providing constructive analysis & interpretation as appropriate.
• Analyse risk information and producing standard/ad hoc risk reporting for Board, Committees and other Management meetings (including Risk Dashboards, monthly Issues and Risks Log, Internal Model Validation Actions Log, and Risk Registers).

Requirements

• Specialization: B.Sc or equivalent in Accounting
• Minimum Qualification: Bachelor Degree   
• Required Experience: 3 - 5 years  

Behaviour Requirements:

• Ability to multi-task, prioritize, and manage time effectively
• Strong oral and written communication skills.
• Strong problem solving skills.
• Good interpersonal skills.  
• Attention to Detail and Accuracy
• Result oriented

Skills Requirements:

• Highly numerate, literate and analytical with Incisive presentation skills (written and oral).
• Highly Computer Literate - excellent use of Microsoft Office tools (Word, Excel, PowerPoint, Visio) and Risk Management Information Systems.
• Strong communication and analytical skills – verbal and written – and the ability to apply these to the workplace.
• Knowledge of Risk Management information systems and concepts.