Head, Enterprise Risk Management

Organizational Information

Department: Enterprise & Risk Management

Location: Lagos

Report To

MD/CEO

Position Description

The Head, Enterprise Risk Management provides strategic leadership for the Company's Enterprise Risk Management (ERM) framework, ensuring that risks and opportunities are effectively identified, assessed, monitored, managed, and reported in support of business objectives and sustainable value creation.

The role provides independent oversight and actionable insights on strategic, operational, financial, regulatory, and emerging risks to enable informed decision-making and organisational resilience to the executive management team and the board.

The role drives the integration of risk management into strategy, operations, investments, and governance processes, while fostering a strong risk culture and promoting continuous improvement across the enterprise.

Major Areas of Responsibility

• Develop and enhance the Enterprise Risk Management (ERM) framework, policies, risk appetite, and governance standards.
• Identify, assess, monitor, and report strategic, operational, financial, regulatory, cybersecurity, reputational, and emerging risks.
• Maintain the enterprise risk register and provide risk insights to support strategy, business planning, investments, and major initiatives.
• Conduct risk assessments, scenario analysis, and stress testing to support informed decision-making.
• Oversee risk management across operational assets, drilling programmes, production activities, capital projects, and commercial agreements.
• Evaluate risks relating to asset integrity, operational reliability, project delivery, cost performance, business continuity, and organisational resilience.
• Monitor regulatory, market, geopolitical, and industry developments, including risks within the Nigerian operating environment.
• Provide risk reporting to Executive Management and the Board, monitoring KRIs, mitigation actions, and risk appetite thresholds.
• Escalate significant risks and control weaknesses, and drive risk-informed decision-making across the organisation.
• Promote a strong risk culture through stakeholder engagement, training, and accountability for risk ownership.

Leadership

• Strategic Thinking
• Stakeholder Management and Influencing Skills
• Sound Judgement and Integrity
• Communication and Presentation Skills
• Analytical and Problem-Solving Ability
• Change Leadership and Continuous Improvement

Education

• Bachelor's degree in Engineering, Business Administration, Finance, Accounting, or a related discipline.
• A Master's degree (MBA or relevant postgraduate qualification) is an advantage.
• Professional certifications in Enterprise Risk Management, Accounting, Internal Audit, Finance, or related disciplines are desirable (e.g., CRMA, ACCA, ACA, ISO 3100, ICAN, FRM, PRM).

Experience

• Minimum of 15 years' relevant experience in the oil and gas industry or another asset-intensive sector.
• At least 5 years in a leadership role within Enterprise Risk Management or a related risk function.
• Demonstrated experience designing and implementing enterprise-wide risk frameworks.
• Experience engaging Executive Management and Boards on strategic, operational, financial, and regulatory risks.
• Sound understanding of the Nigerian business and regulatory environment.

Core Competencies Technical

• Enterprise Risk Management (ERM)
• Risk Assessment and Reporting
• Strategic and Operational Risk Management
• Project and Investment Risk Analysis
• Business Continuity and Crisis Management
• Regulatory Compliance and Corporate Governance
• Risk Analytics and Scenario Planning

How to apply: apply