Assistant Manager / Risk & Asset Management Job at Stockgap Fuels Limited
Stockgap Fuels Limited is a key player in the oil and gas downstream sector of the Nigerian economy. Stockgap is committed to providing access to the ever increasing demand for energy in Nigeria. The company is currently engaged in the bulk storage and distribution of refined petroleum products (PMS, AGO and DPK) and Liquefied Natural Gas (LPG), also known as cooking gas. The company through its state-of-the-art storage terminal in Port-Harcourt has positioned itself as a reputable player in the downstream oil and gas sector.
We are recruiting to fill the position below:
Job Position: Assistant Manager / Risk & Asset Management
Job Location: Port Harcourt, Rivers
Purpose of the Role
- This position will work with the Head, Risk, and Asset Management to liaise with stakeholders to document and assess risks in a variety of sections for the development and review of the risk management policies and procedures to mitigate threats, reduce or transfer risks and/or mitigate the effects of those which are essentially unavoidable.
Responsibilities
- Document and assess risks in a variety of sections for the development and review of the risk management policies and procedures.
- Monitor and ensure compliance to established organization wide risk appetite as well as for other levels or specific business sections.
- Work with supervisor to drive the Group’s risk management, HSE, compliance objectives and strategies.
- Monitor and assess operational risk via Heat Map analysis for Risk and Control Self-Assessment (RCSA), control self-assessments and Key Risk Indicators (KRI).
- Assist to develop Business Continuity Management framework for the group.
- Assist in the development of Key Risk Indicators (KRIs) for identified processes, products and services.
- Assist the supervisor to plan, design and coordinate the implementation of a robust risk management process for the group, ensuring there is a system in place to identify and analyze all major risks on a regular basis
- Support business units through promotion of risk awareness, development of risk profiles, mitigation of risks and effective implementation of agreed action plans.
- Conduct initial review of all contracts, MOUs, agreements and all documentation before the group commits itself and highlight the legal implications that need to be brought to the attention of the Management.
- Make recommendations on risk mitigating measures for company-wide processes.
- Review performance of financial service providers on a regular basis and take steps to discontinue high-risk relationships.
- Monitor contract compliance in line with the group policies and procedures, ensure issues are resolved and escalated when necessary.
- Assist supervisor to oversee the process of documenting and updating existing business processes across the Group.
- Perform regular checks on completeness and adequacy of business process for all company operations.
- Perform regular process risk assessment to identify emergent risks.
- Prepare recommendations for cost optimization on a regular basis and monitor implementation of such recommendations.
- Review projected and actual revenue/profit on significant transactions to ensure that they are within allowed tolerances/variances
Qualifications
- Minimum of Bachelor's Degree Law or any Social Sciences, Humanities or a related discipline.
- Relevant professional certifications e.g. Certification in Risk Management Assurance (CRMA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA).
- A relevant postgraduate degree
Experience:
- Minimum of 8 years of relevant experience in risk management and reporting, out of which 3 years must have been in an insurance company
- Experience in financial services, specifically operations or audit
- Knowledge of operational risk best practices
- Good knowledge of operational risk measurement methodologies
- Environmental / Industry Analysis
- Knowledge of Investment / Portfolio Management, Assets & Liabilities Management and Financial analysis / interpretation will be an added advantage.
Competencies:
- Excellent verbal & written communication skills
- Industry and business knowledge
- Organizational skills
- Data Analysis skills
- Adaptability skills
- Business Acumen
- Analytical skills
- Leadership skills
- Problem-solving skills.
Method of Application
Interested and qualified candidates should forward their CV to: stopgaptalenthunt@gmail.com using the Job Position as the subject of the email.
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