Ikeja Electricity Distribution Company (IKEDC)
Work with business line and support function managers and risk owners to implement and ensure compliance with Risk Management Policy and procedures, including risk documentation standards.
Generate and compile risk data, analyze the data regularly and generate summary risk reports for Management, Enterprise Risk Management Committee, and the Board.
Develop monitoring and reporting processes, including producing summary reports of risk issues and planned resolution for review by the ERM Committee.
Stay abreast of regulatory requirements and mature industry practices relating to operational risk management.
Maintain the enterprise-wide risk and control self-assessment (RCSA) workbook, including coordinating with 1st, 2nd and 3rd line of defense managers to update risks, controls and assessments.
Maintain the company’s ERM Report, including updating key risk indicators, limits and tolerance thresholds, and ensure accurate and timely reporting to the ERM Committee.
Provide analysis of risk trends and comparisons of risk indicators to established risk limits and tolerance thresholds – coordinating with risk owners to understand drivers and root causes of trends – and incorporate conclusions into the ERM Report.
Collect data on economic, market and industry trends to assist in identifying potential risks associated with proposed new products/services and strategies.
Create risk awareness and facilitate risk management trainings to staff.
Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
Perform ad-hoc risk analysis and any other duties as requested by the Chief Risk Officer and the ERM Committee.
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