Latest Job Opening at Abuja Electricity Distribution Company (AEDC Plc)

The Abuja Electricity Distribution Company (AEDC Plc) was established to distribute quality electric power to its customers, using modern technology and tools. The company desires to build a team of professionals who will manage its operations under global best practices.Job Title: Head, Business RiskJob DescriptionsThe role reports to the Director Risk and Compliance within the AEDC organogrem.He/she is to effectively develop and implement an Enterprise Wide Risk Management System for the organisation, develop a rick identification and reporting matrix for the organisation and prepare quarterly ERM Reports for the EMT and EXCOM of the AEDC Board.Key Role/ResponsibilitiesPlanning, designing and implementing an overall Enterprise Risk Management process and plan for the organisationLeading and coordinating risk assessments, identifying the operational and strategic risks, facilitating the prioritization of risk and the identification of risk owners.Ensure the provision of on-the-job technical training for staff to ensure skills transfer,Take the lead in establishing and monitoring performance benchmarks for the Business Risk Management function and ensure the promotion of a high performance culture within team.Co-ordinate all Risk Management activities and events within AEDC.Ensure the implementation of all the Company's Risk Management Frameworks which includes Enterprise Risk Management, Insurance Risk Management, Crisis Risk Management, Business Continuity Management, Fraud Risk Management, and Information Security Risk Management in collaboration with relevant stakeholdersBusiness Continuity; Manage potential and real situation that may cause disruption to operations and invocation of business continuity plans, including implementation of a robust business recovery strategy comprising an impact analysis contingency plans and testing and with consideration to critical parties and vendors. Responsibilities also include facilitation of mandatory business continuity awareness and escalation of business continuity risksConduct Risk evaluation, which involves comparing estimated risks with criteria established by the organization such as coats, legal requirements and environmental factors, and evaluating the organization's previous handling of risksEstablishing and qualifying the organisation's 'risk appetite' i.e the level of risk they are prepared to undertake.Risk reporting in an appropriate way for different audiences, for example, to the board of directors so they understand the most significant risk, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risksQuarterly Top 10 Organisational Risk Profile reporting to the Executive Management Team (EMT) and the Board of DirectorsCoordinate Risk and Control Assessment ("RCA") including set scope, identify material risks, assign risk prioritization, identify and assess the design and operating effectiveness of key controls to mitigate operational risk.Capacity Building Training for AEDC staff in Risk identification, Assessment and ReportingRisk culture and change and process ownership for every staff of AEDCProviding support, education and training to staff to build risk awareness within the organization

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