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Head, Business Risk at Abuja Electricity Development Company Plc

Job Title: Head, Business Risk

The role reports to the Director Risk and compliance within the AEDC organogram. He/She is to effectively develop and implement an Enterprise Wide Risk Management System for the organisation, develop a risk identification and reporting matrix for the organisation and prepare quatelty ERM reports for the EMT and EXCOM of the AEDC Board

 

Qualification:

  • A first degree in Business Adminstration, Management, Accounting, Economics, Engineering or Natural Science

Additional Qualification:

  • An MBA and a professional Risk Management Qualification a MUST
  • 10 years exeperience in an industry/commercial entity with experience in the development and implementation of Enterprise Risk Management and Business Continuity Management (BCM) plans

 

Skills/Requirements:

  • Effective leadership
  • Result oriented with "a can do" attitude
  • Good interpersonal relationship
  • Execellent Planning and Organisation Skills
  • Execellent Communication skills both oral and written
  • Tenacious, highly motivated and resilent individual
  • Team worker with the ability to drive cross functional KPIs development and implementation

 

Job Responsibility:

  • Planning, designing and implementing an overall Enterprise Risk Management process and plan for the organisation.
  • Leading and coordianting risk assessment, identifying the operational and strategic risks, facilitating the priorization of risks and the identification of risk owners
  • Ensure the provision of on-the-job technical training for staffs to ensure skill transfer
  • Take the lead in establishing and monitoring performance benchmarks for the Business Risk Management function and ensure the promotion of a high performance culture within the team
  • Co-ordinate all Risk Management activities and events within AEDC
  • Ensure the implementation of all the company's Risk Management Frameworks which includes Enterprise Risk Management, Insurance Risk Management, Crisis Risk Management, Business Continuity Management, Fraud Risk Management, and Information Security Management in collaboration with relevant stakeholders
  • Business Continuity: Manage potential and real situations that may cause disruption to operations and invoation of businss continuity plans, including implementation of a robust business recovery strategy comprising an impact analysis, contigency plans and testing and with consideration to critical parties and vendors. Responsibilities also include faciliation of mandatory business continuity awareness and escalation of business continuity risks
  • Conduct Risk evaluation, which involves comparing estimated risks with criteria establised by the organisation such as cost, legal requirmenets and enviromental factors, and evaluating the organistion's previous handling risks
  • Establishing and qualifying the organisation "risk appetite" ie the level of risk prepared to undertake
  • Risk reporting in an appropiate way for different audiences, for example, to board of directors so they understand the most significant risk, to business heads to ensure they are aware of risk releant to their parts of the business and to individuals to understand their accountability to indivivdual risks
  • Quaterly Top 10 Organisational Risk profiles reporting to the Executive Management Team (EMT) an the Board of Directors
  • Coordinate Risk and Control Assessment (RCA) including set scope, indentify material risks, assign risk prioritization, identify and assess the design and operating effectivenss of key controls to mitigate operational risk
  • Capacity Building Training for AEDC staff in Risk assessment, Identification, Assessment and Reporting
  • Risk culture and change and process ownership for every staff of AEDC
  • Providing support, education and trainning to staff to build risk awareness within the organisation 

 

All applications should include cirricul vitae and a cover letter. The application should be emailed to the address above. The subject of your email should be the position you are applying for.

 

Cover letter should be addressed to 

The MD/CEO

Abuja Electricity Distribution Company Plc,

1 Ziquinchor Street, Off IBB Way

Wuse Zone 4

Abuja FCT

Nigeria

Attention: The Director, Human Resources and Corporate Services

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