Risk Officer at Food Concepts Plc

Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.

Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).

We are recruiting to fill the position below:

Job Title: Risk Officer

Requisition ID: 1943
Location: Mushin, Lagos
Job type: Full-time
Department: Shared Services
Reporting to: Compliance Manager
Direct Reports: Risk Control Intern

Job Purpose

• To ensure the development and implementation of risk policies and procedures in the organization.

Core Responsibilities and Key Result Areas
Risk Assessment & Monitoring:

• Collaborate with relevant teams to identify, assess, and quantify operational and compliance risks.
• Maintain and regularly update the organization’s risk register on a weekly and monthly basis.
• Track the implementation of risk mitigation strategies and validate outcomes.
• Recommend improvements to internal processes to enhance control effectiveness.
• Assist in the investigation of fraud, inefficiencies, and other anomalies, providing actionable recommendations.

Compliance & Internal Controls:

• Participate in the design and implementation of internal control processes to mitigate identified risks.
• Monitor compliance with internal policies, regulatory obligations, and risk standards.
• Conduct internal reviews to ensure adherence to risk management protocols.
• Identify and report emerging risks and control gaps with recommended mitigation strategies.

Key Performance Indicators

• Accuracy and timeliness of risk register updates
• Effectiveness of implemented risk controls.
• Number and quality of process improvement recommendations
• Compliance level with regulatory and internal risk policies

Job Specifications
Educational Requirements:

• A good first degree in Law, Finance, Accounting, or any other related areas

Professional Requirements:

• Membership of the ICAN, ACCA or any other related professional qualification is an added advantage

Experience Requirements:

• Minimum of 2 years work experience in an administrative capacity in a similar industry / environment

Knowledge Requirements:

• Knowledge of legislations, its changes and developments as they affect the Food Industry,
• Knowledge of Fundamentals of Accounting
• Knowledge of Risk & Compliance standards or processes
• Knowledge of legal standards and in-house policies
• Knowledge of reporting procedures and record keeping
• Knowledge of the QSR/Food Industry practices Good interpersonal, communications and flexibility

Decision Expectations

• Recommend business improvement opportunities
• Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
• Assist in risk minimization

Working Conditions:

• Jobholder typically work 40 hours per week, Monday to Friday, although there may involve weekend or evening work.
• This role is largely office-based, although at times the individual may require travel to meetings held off-site, as the company has more than one office.
• The role requires precision and attention to detail, as it involves managing risks.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online