Senior Risk Engineer (Oil & Gas) at Terra Energy Services Nigeria Limited

Job Description:

• Develop and implement risk management frameworks for oil and gas projects.
• Conduct qualitative and quantitative risk assessments to identify, analyze, and mitigate project risks.
• Utilize risk analysis tools such as Monte Carlo simulations, HAZOP, HAZID, FMEA, and Bow-Tie analysis.
• Ensure compliance with NOGICD Act 2010 and industry risk management standards (ISO 31000, PMI Risk Management, etc.).
• Maintain a risk register to track identified risks, mitigation plans, and residual risks.
• Work closely with engineering, project management, procurement, and finance teams to minimize project uncertainties.
• Provide regular risk reporting, dashboards, and risk mitigation recommendations.
• Assess contractual and financial risks, ensuring risk-based decision-making in project planning and execution.
• Monitor emerging risks and adjust risk strategies accordingly.
• Conduct risk awareness training for project teams and stakeholders.

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:

• Expertise in risk assessment methodologies and tools (HAZOP, HAZID, QRA, FMEA, Bow-Tie Analysis, Monte Carlo simulations, etc.).
• Proficiency in risk analysis software (Primavera Risk, ARM, @RISK, or equivalent tools).
• Strong understanding of NOGICD Act 2010 and regulatory risk compliance.
• Knowledge of project cost risk analysis and financial risk management.
• Ability to develop and maintain risk registers and mitigation plans.
• Strong stakeholder management and communication skills.
• Experience in conducting risk workshops and awareness sessions.

Key Skills:

• Proficiency in MS Office (Excel, PowerPoint, Word, etc.).
• Strong analytical and problem-solving skills.
• Excellent attention to detail and strategic risk thinking.
• Ability to manage multiple risk management initiatives simultaneously.
• Strong organizational and documentation skills.

Principal Accountabilities:

• Develop and implement project risk management plans.
• Conduct detailed risk analysis and provide actionable insights.
• Ensure compliance with NCDMB and industry risk guidelines.
• Provide risk monitoring, variance analysis, and reporting.
• Support contract and procurement teams with risk-based decision-making.

Soft Skills:

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