Risk Manager Job at Ikeja Electricity Distribution Company (IKEDC)

Reporting To: Chief Risk Officer

Role Purpose

• Will be responsible for assisting the Chief Risk Officer in risk management activities

Responsibilities

• Work with business line and support function managers and risk owners to implement and ensure compliance with Risk Management Policy and procedures, including risk documentation standards.
• Generate and compile risk data, analyze the data regularly and generate summary risk reports for Management, Enterprise Risk Management Committee, and the Board.
• Develop monitoring and reporting processes, including producing summary reports of risk issues and planned resolution for review by the ERM Committee.
• Stay abreast of regulatory requirements and mature industry practices relating to operational risk management.
• Maintain the enterprise-wide risk and control self-assessment (RCSA) workbook, including coordinating with 1st, 2nd and 3rd line of defense managers to update risks, controls and assessments.
• Maintain the company’s ERM Report, including updating key risk indicators, limits and tolerance thresholds, and ensure accurate and timely reporting to the ERM Committee.
• Provide analysis of risk trends and comparisons of risk indicators to established risk limits and tolerance thresholds – coordinating with risk owners to understand drivers and root causes of trends – and incorporate conclusions into the ERM Report.
• Collect data on economic, market and industry trends to assist in identifying potential risks associated with proposed new products/services and strategies.
• Create risk awareness and facilitate risk management trainings to staff.
• Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
• Perform ad-hoc risk analysis and any other duties as requested by the Chief Risk Officer and the ERM Committee.

Minimum Qualifications

• First degree in science or social science field
• Relevant professional certifications in risk management
• Work experience in operational risk management in relevant sectors for a minimum period of 10 years

Technical Competencies:

• Oral and written communication skill.
• Analytical skill
• Project management skill
• Good understanding of the industry
• Persuasive skills
• Organizational skills

Behavioral Competencies:

• Confidentiality
• Objectivity
• Judgment
• Team building
• Change catalyst
• Leadership skills

Method of Application

All those interested in the ongoing IKEDC Recruitment should click here to apply