CHIEF RISK OFFICER,PROCUREMENT OFFICER BY NIGERIA SOVEREIGN INVESTMENT AUTHORITY

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VACANCIES:CHIEF RISK OFFICER,PROCUREMENT OFFICER

The Nigeria Sovereign Investment Authority (“NSIA”), a corporate body established by the Nigeria Sovereign Investment Authority (Establishment, etc.) Act 2011 is mandated to manage funds in excess of budgeted hydrocarbon revenues. Its mission is to ploy a leading role in driving sustained economic development for the benefit of all Nigerians through building a savings base for the Nigerian people, enhancing the development of Nigeria’s infrastructure, and providing stabilisation support in times of economic stress. NSIA operates three mandate funds: the Stabilisation Fund, the Future Generations Fund, and the Nigeria Infrastructure Fund.

The NSIA is in the process of strengthening its operations and enhancing overall capacity towards delivering its mandate. In this regard, the Authority is seeking to recruit suitably qualified, result-oriented, and exceptional professionals to fill the following vacant positions:

POSITION: CHIEF RISK OFFICER,(ES20200)      

The role holder shall be responsible for developing and implementing risk management policies and guidelines, methodologies, and systems to ensure that risk is effectively managed in the Authority.

RESPONSIBILITIES:

  • Develop and implement the NSIA’s Enterprise-wide Risk Management Framework and related policies and guidelines for the management of risks including infrastructure, market, operational, credit and liquidity and regulatory compliance risks.
  • Define the risk acceptance criteria and work with executive leadership to set risk tolerance limits for each risk area across the NSIA operations.
  • Coordinate the identification, assessment and j mitigation of risks that relate to the NSIA’s operational processes and functions including its subsidiary activities as may be required.
  • Evaluate the Authority business strategies and project portfolios to ensure all aspects of financial and non- financial risks are properly identified, measured, and adequately supported by NSIA’s risk infrastructure.
  • Ensure risk profile is aligned to the overall returns and profitability aspiration of the Sovereign Wealth Fund.
  • Establish infrastructure systems, and processes for identifying, managing, controlling, and reportingrisks within the Authority.
  • Advise the NSIA executive management team and Board of Directors on overall corporate governance and best practices in risk management.
  • Oversee implementation of regulatory compliance risk management infrastructure, systems, and processes.
  • Ensure that risk management in the Authority is directed, managed, and operated in accordance with best practices, sound corporate governance and existing laws and regulations.

QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES:

  • First degree in a related discipline from a reputable university.
  • Professional Membership e g. Global Association of Risk Professionals, RIMAN Certified Risk Manager (CRM) or any other relevant risk management professional memberships is desired.
  • Minimum of fifteen (15) years cognate experience in risk oversight roles covering credit, counter party, investment, market, liquidity, and operational and infrastructure risk with at least 5 years’ experience at a senior management level.
  • Excellent Communication skills (oral and written).
  • Ability to prioritise and schedule tasks.
  • Excellent negotiation and people management skills.
  • Excellent analytical skills.
  • Highly organized and extremely detailed
  • Proficiency in use of Microsoft Office tools.

POSITION: PROCUREMENT OFFICER, (E 520201)

The role holder shall be responsible for evaluating suppliers, products, and services, negotiating contracts, and ensuring that approved purchases are cost- efficient and of high quality.

RESPONSIBILITIES:

  • Provide support to the ED/COO in implementing the Authority’s procurement strategies.
  • Drive the implementation of the Procurement unit’s policies, systems, and procedures necessary for effective functioning of the organisation.
  • Contribute to the enhancement and revision of procurement policies and procedures; develop standards and criteria for the evaluation of goods, services, supplier capacity.
  • Improve efficiency of the procurement processes by supporting the establishment of necessary measures to automate and optimize all processes within the organization.
  • Ensure proper application of procurement procedures ore adhered to whilst creating awareness of these procedures.
  • Review, record and prioritise purchasing requests and obtain additional information/documentation as may be required.
  • Provide support to various requisitioned in preparing specifications of goods and services; proposing
  • product substitutions consistent with requirements to achieve cost savings.
  • Collaborate with the requesting unit to review, develop, or update tender documents where applicable (e.g. Invitations to Bid, Requests for Proposals, Expression of Interest, Requestsfor Quotation) based on the nature of the requirementsand procurement involved.
  • Design or review and maintain o comparative table and templates to analyse financial and technical aspects of bids, drafts summaries of evaluation and reports from tendering processes for the approval by relevant authorities.
  • Liaise with the ED/COO to establish approaches for negotiating and coordinating all phases of negotiations with all concerned parties, including the negotiation of disputes arising from contracts.
  • Maintain comprehensive procurement files, including solicitations, proposals, evaluations, award documents, official contracts, and correspondence on all procurements.
  • Act as focal point for the identification and monitoring of procurement-related risks in relevant risk registers; and provides guidance on all relevant procurement matters.
  • Liaise with the Legal Team to ensure all contractual agreements are adequately reviewed and are void of liabilities that have negative impact on the Authority.

QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES.

  • First degree in a related discipline from a reputable university.
  • Minimum of seven (7) years cognate experience.
  • Experience in coordinating high value complex multiple procurement programmes related to infrastructure projects will be an advantage.
  • Relevant certifications e.g. Certified Purchasing Manager will be an added advantage.
  • Excellent Communication skills (oral and written).
  • Ability to prioritise and schedule tasks.
  • Excellent negotiation and people management skills.
  • Excellent analysis skills.
  • Highly organized and extremely detailedorientation.
  • Proficiency in use of Microsoft Office tools.In addition, candidates for these roles must possess the following attributes:
  • Proven leadership and influencing skills.
  • Excellent networking skills, particularly relationship­building, interpersonal and communication skills.
  • Good understanding of the NSIA mandate, regulations, and operating environment.

HOW TO APPLY:

All positions are based in Abuja, Nigeria. The roles are open to Nigerians within and outside the country who have completed the National Youth Service Programme. Women are strongly encouraged to apply for any of the positions on offer.

To apply, please quote the role and appropriate reference number as the subject of your e-mail and send your curriculum vitae (prepared as a Microsoft

Word document, and saved with your full names) to the following email addresses:recruitment@hep-ng.com or before 29 September, 2020