Senior Risk & Compliance Officer Job at Rainoil Limited

Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK).

We are recruiting suitable candidates to fill the position below:

Job Position: Senior Risk & Compliance Officer

Job Location: Lagos
Employment type: Full-time

Description

• Ability to develop & implement the enterprise Risk Management Framework.
• Ability to align standard operating procedures/business process with strategic objectives.
• Ability to deliver regular analysis reports to management & Board
• Ability to monitor the FX & credit position regularly.

Responsibilities

• Develop and implement the Enterprise Risk Management (ERM) framework.
• Identify, assess, and mitigate operational, financial, credit, market, and compliance risks.
• Ensure compliance with local and international regulatory requirements.
• Monitor changes in laws, regulations, and industry standards and update policies accordingly.
• Liaise with regulatory bodies, auditors, and external stakeholders.
• Develop and implement risk management and compliance policies, procedures, and controls.
• Conduct regular compliance audits and risk assessments.
• Provide regular reports on risk exposure, compliance status, and mitigation plans to senior management and the Board.
• Strengthen internal control systems to prevent fraud, misconduct, and regulatory breaches.
• Lead and oversee investigations into compliance violations and risk incidents.
• Conduct risk and compliance training to promote awareness and adherence.
• Foster a risk-aware culture across the organization.

Requirements

• Minimum of Second-Class Upper Bachelor’s Degree in Accounting, Audit, Economics or related field.
• 5-10 years of experience in Internal Audit/Control or Risk & compliance from Oil & Gas/Banking or Insurance.
• The candidate should be ACA/ACCA qualified.