Risk Officer at Eta-Zuma Group W / A Limited

Eta-Zuma Group is a company of 8 separate companies with exploration licenses covering diverse solid minerals like iron ore, gold, tantalite, coal, limestone/marble, etc. In April 2009, these eight companies were acquired by Energy and Metal Industries Limited to form the Eta-Zuma Group Limited. ETA-ZUMA Group is an indigenous conglomerate with interests in diverse strategic sectors of the economy.

We are recruiting to fill the position below:

Job Title: Risk Officer

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

• The role of Risk Officer is to communicate risk policies and processes for the organization.
• To provide hands-on development of risk models involving market, credit, environmental, technological and operational risk, assure controls are operating effectively, and provide research and analytical support.
• The Risk Officer must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.

Duties/Responsibilities

• Designing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur.
• Performing a risk assessment: Analyzing current risks and identifying potential risks that are affecting the company.
• Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
• Establishing the level of risk the company are willing to take
• Preparing risk management and insurance budgets
• Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
• Explaining the external risk posed by corporate governance to stakeholders
• Creating business continuity plans to limit risks.
• Recommends and implements risk management solutions such as insurance, safety and security policies, operational policies, regulatory, business continuity plans, or recovery measures.
• Implementing health and safety measures, and purchasing insurance.
• Conducts risk assessments, collecting and analyzing documentation, statistics, reports, and market trends.
• Conducting policy and compliance audits, which will include liaising with internal and external auditors
• Maintaining records of insurance policies and claim
• Reviewing any new major contracts or internal business proposals
• Building risk awareness amongst staff by providing support and training within the company
• Establishes policies and procedures to identify and address risks in the organizations services and departments; makes recommendations and implements modifications and improvements.
• Reviews and analyzes metrics and data such as cash flow, inventory, breakage, and employee activity that could uncover fraudulent behavior.
• Drafts and presents risk reports and proposals to executive leadership and senior management.
• Performs other duties as directed.

Educational Qualification and Experience

• Bachelor's Degree in Risk Management, Management or Business Studies, Finance or Economics, Science, Statistics, Engineering, Law or related field required.
• Postgraduate degrees will be an added advantage.
• At least 3 years of related experience preferred.

Required Skills/Abilities:

• Thorough understanding of policies and best practices of risk management.
• Excellent verbal and written communication skills.
• Excellent mathematical and critical thinking skills.
• Excellent analytical and problem-solving skills.
• Excellent organizational skills and attention to detail.
• Strong supervisory and leadership skills.
• Proficient with Microsoft Office Suite or related software to prepare reports and policies.
• Conversant with SAP ERP system

Application Closing Date
27th July, 2023.