Head, Risk Management

Job title: Head, Risk Management

Company: HPA Corporate Resourcing

Job description: Our client is a leading firm dealing in the Oil and gas sector & Energy Commodity Trading. With a commitment to excellence and innovation, it strives to deliver high-quality products/services while fostering a positive work environment for its employees. In continuation of its expansion and growth, the company is seeking a dynamic individual as the Head, Risk Management.Job Summary:Our client is seeking a strategic and innovative leader to serve as the Head of Risk Management for its oil & gas operations. This role demands a highly skilled professional with extensive experience in identifying, assessing, and mitigating risks across operational, financial, regulatory, and strategic domains. The ideal candidate will leverage cutting-edge AI-driven tools and methodologies to enhance risk management processes, ensuring the company effectively manages risk exposure, maintains compliance with industry regulations, and supports growth objectives.Key Responsibilities:

• Provide strategic guidance to senior leadership on emerging risks and opportunities, supported by AI-powered data insights.

• Lead the development of business continuity plans, incorporating AI insights to enhance resilience and adaptability.

• Oversee risk assessments across all operational, financial, regulatory, and strategic domains, utilizing advanced AI tools for real-time monitoring and analysis.

• Ensure compliance with industry regulations and standards, leveraging AI to streamline compliance processes and identify gaps.

• Collaborate with cross-functional teams to embed AI-driven risk management strategies into business operations.

• Develop and implement a comprehensive risk management strategy that aligns with the company’s overall business objectives, incorporating all aspects of risk, including operational, financial, regulatory, strategic, and environmental.

• Lead risk assessments for new and ongoing oil & gas projects, evaluating risks related to exploration, drilling, refining, logistics, and trading.

• Establish and manage a risk register, ensuring that all risks are properly classified, tracked, and mitigated through appropriate measures.

• Design and implement risk control frameworks, including procedures and tools to monitor, report, and manage risks across the company’s operations.

• Collaborate with senior leadership to ensure that risk management considerations are embedded in the company’s strategic decision-making and day-to-day operations.

• Monitor external risks such as geopolitical, economic, regulatory, environmental, and market changes that could affect the company’s performance and operational capacity.

• Oversee the management of insurance programs, including coverage for property, liability, business interruption, and environmental risks.

• Lead the crisis management and business continuity planning, ensuring that the company is prepared for potential disruptions (e.g., natural disasters, political unrest, major accidents).

• Maintain a robust internal control system to identify and prevent operational and financial fraud, regulatory violations, and other risks.

Key Requirements

• Bachelor’s degree in Risk Management, Engineering, Finance, Business Administration, or related fields. A master’s degree in business administration (MBA), Finance, or Risk Management is a plus.

• Certification in Risk Management (e.g., PRM, FRM, CRISC) is an advantage.

• 1015 years of experience in risk management within the oil & gas sector, including significant exposure to upstream, midstream, and downstream operations, with experience in integrating AI technologies into risk processes.

• Strong analytical skills, with expertise in AI-driven risk modeling and predictive analytics.

• Strong experience in financial risk management, including credit risk, market risk, operational risk, and insurance.

• Deep understanding of oil & gas industry regulations, including environmental, health & safety, and governance requirements.

• Proven track record of managing large-scale risk mitigation programs across complex and geographically diverse operations.

• Experience with enterprise risk management (ERM) frameworks, internal controls, and risk reporting tools.

• Exceptional leadership and communication skills, with the ability to drive innovation and foster collaboration

• Advanced knowledge of risk management software (e.g., SAP GRC, RiskWatch) and data analysis tools.

• Strong communication skills with the ability to present complex risk concepts in clear, actionable terms for senior leadership and the board.

Core Competencies

• Strategic Risk Leadership

• Oil & Gas Operational Risk Management

• Regulatory Compliance & Risk Mitigation

• Crisis Management & Business Continuity

• Insurance & Financial Risk Management

• Team Development & Leadership

• Risk Reporting & Analysis

• Communication & Stakeholder Management

Expected salary:

Location: Lagos, Lagos State

Job date: Sat, 17 May 2025 22:29:35 GMT