Job Vacancies at Ikeja Electricity Distribution Company (IKEDC)

Job Vacancies at Ikeja Electricity Distribution Company (IKEDC)

Ikeja Electricity Distribution Company (IKEDC) is the largest Nigerian electricity distribution company. The company emerged on November 1, 2013 following the handover of the defunct Power Holding Company of Nigeria (PHCN) to NEDC/KEPCO Consortium under the privatization scheme of the Federal Government of Nigeria.

The oil giants, Sahara Group and the Korea Electric Power Corporation (KEPCO) jointly own a 60% stake of IE, with 40% still owned by the Federal Government. Together, they also own and operate Egbin Thermal Power Plant and First Independent Power Limited (FIPL), which are both electricity generation companies, cementing Sahara Group as the largest energy conglomerate in West Africa and one of the largest on the continent.

Risk Supervisor

Job Type                     Full Time

Qualification              BSC/BA/HND

Experience:               5 Years

Location                     Lagos State | Nigeria

Job Unit                      Finance

Job Description

  • Will be responsible for assisting the Risk Manager in all risk management activities.

Responsibilities

  • Support special projects related to the development and maturation of ERM programs
  • Help facilitate various business needs such as data analysis and risk report creation
  • Assist in the collection of data that may pertain to specific market, business or competitive analyses
  • Assist in the management of project plans (including project timelines, data requirements, specific steps)
  • Assist in developing risk management processes, data forms, and reports.
  • Provide support to business and process lines on risk identification, assessment, mitigation, monitoring, documentation, and reporting.
  • Maintain a dynamic enterprise-wide risk register and events & near-misses register
  • Generate and compile risk data, analyze the data regularly and generate summary risk reports.
  • Provide support to business and process lines in developing their processes and procedures
  • Review policies and processes regularly and identify and escalate gaps that need to be addressed.
  • Follow up on risk management recommendations to ensure timely and complete implementation
  • Create risk awareness and facilitate risk management trainings
  • Monitor activities and processes in the company to ensure that laid down processes are being followed.
  • Comply with Quality Management System / Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
  • Carry out any other duties as requested by the Risk Manager.
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Requirements

  • First degree in Science field or Social Science field
  • Relevant professional certification
  • Risk management experience of 5 years in a relevant sector

Technical Competencies:

  • Oral and written communication skill
  • Analytical skill
  • Strong risk management knowledge
  • Good understanding of the power industry
  • Organizational skills
  • Persuasive skills

Behavioral Competencies:

  • Confidentiality.
  • Objectivity.
  • Judgment.
  • Team building.
  • Change catalyst.
  • Supervisory skills

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Risk Manager

Job Type                   Full Time

Qualification             BSC/BA/HND

Location                     Lagos State | Nigeria

Job Unit                      Finance

Job Description

  • 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.
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Requirements

  • First degree or 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

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Deadline: Not Specified

Method of Application

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