Head of Risk at Dangote Group

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

We are recruiting to fill the position below:

Job Title: Head of Risk

Job ID: DIL/RM/1022
Location: Lagos
Employment Type: Full-time

Key Responsibilities

• Responsible for Risk Management activities for a subsidiary of Dangote Group. Oversee the assessment of Plant operations – (Machinery, Equipment, Controls, Processes, Safety, Environmental) by deploying Group Risk Management tools that facilitates the end to end process of risk identification and scoring of same.
• The Head of Risk will work closely with the Plant Technical Team to guaranty Plant reliability. Provide assurance that the ERM framework is effective and that the business units exposures remain within its risk appetite.

Jobs to be done:

• Ensure the proper implementation of the Risk Management framework, policies and procedures of the organization within the Business Unit.
• Monitor the Business Unit’s risk exposure closely to ensure operational efficiency, target sales, dispatch and proper redress of limiting factors.
• Support the identification, assessment, mitigation and management of key risks in alignment with business strategy, with focus on – Production, Operational, Safety, Transport & Logistics, Business Continuity, Insurance and Credit Risks.
• Monitor the implementation of actions plans to address key risks identified from Engineering Survey, Risk & Control Self Assessments (RCSAs), and reported loss incidents.
• Maintain daily communication with Plant Operations to ensure assets performance.
• Attend Management Committee meetings and present or discuss key risks identified that require immediate redress.
• Effectively create a risk-aware culture through awareness programs, training, or activities.
• Identify and mitigate asset reliability risks that could adversely affect plant operations using acceptable engineering methodologies and tools.
• Coordinate investigations of equipment related incident/accidents. Conduct production process reviews, acceptance testing and inspections on new and existing equipment.
• Work with Plant technical team to ensure preventive/predictive maintenance of plant equipment.
• Support plant maintenance and manufacturing cost objectives and reduction efforts.
• Offer suggestions and recommendations to the Plant Management based on technical expertise and engineering knowledge.

Deployment of OpRisk Tools & Methodologies:

• Ensure the proper implementation of the Risk Management framework, policies and procedures of the organization within the Business Unit.
• Monitor the Business Unit’s risk exposure closely to ensure operational efficiency, target sales, dispatch and proper redress of limiting factors.
• Support the identification, assessment, mitigation and management of key risks in alignment with business strategy, with focus on – Production, Operational, Safety, Transport & Logistics, Business Continuity, Insurance and Credit Risks.
• Monitor the implementation of actions plans to address key risks identified from Engineering Survey, Risk & Control Self Assessments (RCSAs), and reported loss incidents.
• Maintain daily communication with Plant Operations to ensure assets performance.
• Attend Management Committee meetings and present or discuss key risks identified that require immediate redress.
• Effectively create a risk-aware culture through awareness programs, training, or activities.
• Identify and mitigate asset reliability risks that could adversely affect plant operations using acceptable engineering methodologies and tools.
• Coordinate investigations of equipment related incident/accidents. Conduct production process reviews, acceptance testing and inspections on new and existing equipment.
• Work with Plant technical team to ensure preventive/predictive maintenance of plant equipment.
• Support plant maintenance and manufacturing cost objectives and reduction efforts.
• Identify and report operational risk events using the Loss Incident Reporting tool and collate risk events reported for rendition to Head Office.
• Perform root cause and deep dive analysis on identified risk events and recommend controls to be implemented to prevent these risk events from re-occurring in future.
• Develop KRI’s to monitor Plant Performance & Improvement alongside newly identified or emerging risk exposures.
• Maintain and update the Risk Register with inputs from Risk & Control Self Assessments (RCSAs) feedback from deep dives and Loss Incidents.
• Ensure prompt completion and rendition of Risk & Control Self Assessments (RCSAs), and monthly Key Risk Indicators (KRIs).

Qualifications & Experience

• Bachelor’s Degree in an Engineering related course, Process, Mechanical Industrial and Production or Chemical Engineering.
• Master's Degree in a relevant field of study or relevant Risk professional qualification would be an advantage.
• 10 or more years’ relevant experience in either petrochemical, or manufacturing industry.
• Good interpersonal skills with strong verbal and written communication skills.
• Good knowledge of a Risk management software

In-depth knowledge of:

• Credit Risk Management
• Insurance Management
• Payments/Debt Monitoring
• Risk-related compliance
• Collateral Management

Benefits
Highly competitive.

Application Closing Date
Not Specified.