Latest Vacancies at Abuja Electricity Distribution Company, 9th October, 2018

⏲ Oct 9, 2018, 6:58 PM
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The Abuja Electricity Distribution Company (AEDC Plc) one of the 11 privatized Electricity Distribution companies in Nigeria that operates in the following states; Kogi, Niger, Nasarawa and Abuja, is presently recruiting for the position below: Job Title: Manager, Business Risk Location: Abuja Summary

This role will manage the business risk management initiatives and ensure implementation of risk management best practices by analyzing all risk exposures to the business and reporting on the risk exposures and prevention strategies for the business.

Key Roles/Responsibilities

Drives best practice, continuous improvement and innovation at process and procedure level within Risk and Compliance function as well as utilize appropriate models for analyzing potential risks to the business, taking a 360 degree view of the company’s risk profile.
Leads and coordinates risk identification (strategic and operational risks) and assessments, facilitating the prioritization of risks and the identification of risk owners.
Liaises constantly with Senior Management and Directors on various risk matters especially tracking ownership and mitigation of risk items identified.
Facilitates on-going enterprise-wide risk assessments and mitigation of risks as well as ownership in all business units in line with the company Enterprise Risk Management (ERM) framework including facilitated workshops and interviews with Senior Management.
Networks and fosters firm relationships with internal and external stakeholders and develops a close working relationship with relevant information sources to provide an integrated service.
Generates and submits timely risk reports in an appropriate manner to different audiences. Also, ensures preparation of ERM reports to stakeholders when required.
Aligns operational targets to business strategy and assists the General Manager, Corporate & Business Risk in establishing and implementing structures to comply with the company’s Risk Management Framework in conjunction with the Business Units across AEDC.
Generates reports, presentations to highlight the effects of risks and suggest changes to the management based on the solutions to adopt newer strategies to overcome the risks.
Updates risk items identified on risk management system and gathers data on all risk related projects.
Creates, applies and fine-tunes procedures, processes and systems to enhance effectiveness and meet organizational goals, and ensures implementation and maintenance of business risk management policies and procedures.
Contributes to the development of risk management policies and procedures benchmarking local and international risk management strategies and best practices; and analyzes local conditions, as well as competitor activities to create competitive advantage.
Contributes to the development and execution of plans to embed risk management culture in conjunction with the Business Units across the company, in alignment with the ERM Framework, and the implementation of improvements to risk management capabilities within Business Units in AEDC.
Makes valuable input into the development and implementation of all the Company’s Risk Management Frameworks, processes and procedures which includes Enterprise Risk Management, Insurance Risk Management, Crisis Risk Management, Business Continuity Management, Fraud Risk Management, and Information Security Risk Management in collaboration with relevant stakeholders.
Provides Capacity Building for AEDC staff to foster company-wide risk awareness and ownership as well as competency in risk identification, assessment and reporting.

Education Knowledge & Experience Minimum Qualification Required:

A First Degree in Accounting, Business Administration, Management, Economics, Engineering or / and natural Sciences

Additional Qualification Required:

An MBA
Professional Risk Management Qualification would be an added advantage

Minimum Experience Required:

In addition to general work experience, minimum of 6 years of practical experience in an industry/commercial entity with experience in the development and implementation of Enterprise Risk Management (ERM) Programme and Business Continuity Management (BCM) Plans.
A strong background in managing business risk or risk-based auditing.
Minimum of 3 years’ experience in supervising/managing others in ERM related function.

Required Skills/Competencies:

Result-oriented with ‘a can do’ attitude
Good interpersonal relationship
Excellent planning and organizing skills
Business performance measurement and management
Stakeholders relation management
Business process improvement
Tenacious, highly motivated and resilient individual
Team worker with the ability to drive cross-functional KPIs development & implementation
Computer and information technology appreciation
Reporting
Power sector business savvy

Interested and qualified candidates should send their Curriculum Vitae and a Cover Letter to: [email protected] The subject of your email should be position applied for i.e. Manager, Business Risk. Failure to follow the instructions will lead to disqualification of your application. Job Title: Senior Manager, Business Assurance & Compliance Location: Abuja Job Description

This role will assist in the analysis of all risk exposures to the business; support compliance to the relevant laws, regulations, standards, codes, and defined Enterprise Risk Management (ERM) Policies, Processes and Procedures (PPP) rolled out; provide opinion on PPPs alignment with best practices and make recommendations for improvement.
The role will also serve as a guide and sounding-board to aid compliance/prevent non-compliance with relevant laws, regulations, ERM as well as other business policies within the company.

Key Roles/Responsibilities

Updates identified risk items on the risk management system and gathers data on all risk related projects.
Makes valuable input into the development and implementation of all the Company’s Risk Management frameworks, processes and procedures which includes Enterprise Risk Management, Insurance Risk Management, Crisis Risk Management, Business Continuity Management, Fraud Risk Management, and Information Security Risk Management in collaboration with relevant stakeholders.
Prepares and collates reports on risk management activities within AEDC.
Contributes to the development and execution of plans to embed risk management culture in conjunction with the Business Units across the company, in alignment with the ERM Framework, and the implementation of improvements to risk management capabilities within Business Units in AEDC.
Regularly monitors and reviews the implementation of agreed management /mitigating actions or risk treatments to appraise and verify the adequacy of undertaken actions by functions/risk owners; tracks the status of previously accepted recommendations and needful action in case of non-compliance.
Liaises with relevant functions in the company to suitably identify existing legislations and/or ongoing regulatory developments that will have a direct or indirect impact on the business, with subsequent escalation to the Executive Management team (EMT), assessment of the likely impact on the business and its risk profile, and designing the company’s response in line with the company’s regulatory risk appetite.
In liaison with relevant functions/departments provide advice to business units on legal and regulatory obligations and on the creation and implementation of regulatory/legal compliant policies and procedures.
Monitors the company’s compliance with relevant laws, regulations and internal risk policies.
Updates risk management system, monitors regulatory developments and recommends modifications to existing practices.
Generates reports, presentations to highlight the status of mitigating actions and effects on residual risk profile and suggests changes to the management based on the solutions to adopt newer strategies to overcome the risks.
Designs and supports a compliance risk framework for the business.
Generates and issues timely and reliable Compliance Management Information Report for the Risk & SHE Committee (on a quarterly basis) as well as ERM reports to other stakeholders (as and when required) in a manner that enables understanding of how well the business is managing the overall portfolio of risks to which it is exposed.
Constantly engages with assigned functions to align the processes and closure of all open issues.
Provides Capacity Building for AEDC staff to foster company-wide risk awareness and ownership as well as competency in risk identification, assessment and reporting.
Keeps abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control.

Education Knowledge & Experience Minimum Qualification Required:

A First Degree in Accounting, Business Administration, Management, Economics, Engineering or a related field.

Additional Qualification Required:

An MBA
Professional Risk Management Qualification (e.g. CRMA, CMIRM, IRMCert), would be an added advantage
ACCA, ACA would be an advantage.

Minimum Experience Required:

In addition to general working experience, minimum of 8 years’ practical experience in an industry/commercial entity with experience in the development and implementation of Enterprise Risk Management (ERM) Programme and Business Continuity Management (BCM) Plans.
A strong background in managing business risk or risk-based auditing.
Risk Management (either as Risk Manager or in Enterprise Risk Management Consulting).
Experience with exception reporting; risk assessment, documentation, implementation and/or design of internal controls.
Power Sector Business Savvy will be an added advantage.
In-depth knowledge of the industry’s standards and regulations as well as corporate governance best practices.

Required Skills/Competencies

An analytical mind able to “see” the complexities of procedures and regulations.
Result-oriented with ‘a can do’ attitude.
Good interpersonal relationship.
Excellent planning and organizing skills.
Excellent communication skills (both written and oral).
Business performance measurement and management.
Stakeholder relations management.
Business process improvement.
Tenacious, highly motivated and resilient individual.
Team worker with the ability to drive cross functional KPIs development & implementation.
Computer and information technology appreciation.
Reporting.

Interested and qualified candidates should send their Curriculum Vitae and a Cover Letter to: [email protected] The subject of your email should be position applied for i.e. Senior Manager, Business Assurance & Compliance. Failure to follow the instructions will lead to disqualification of your application. The 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, Corporate Services. Application Deadline 23rd October, 2018. Note: Only soft copy of applications will be treated.

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