Asset Assurance and Risk Specialist

Job title : Asset Assurance and Risk Specialist

Role Purpose

• The Asset Assurance and Risk Specialist is responsible for managing and mitigating risks associated with Ikeja Electric’s assets, including real estate, fleet, and administrative resources.
• Reporting to the Administrative Service Manager, this role focuses on ensuring asset integrity, implementing risk management practices, and coordinating insurance coverage for Ikeja Electric’s facilities and equipme
• By providing strategic oversight on asset assurance and risk mitigation, the Asset Assurance and Risk Specialist plays a vital role in maintaining operational continuity, minimizing losses, and supporting Ikeja Electric’s agile approach to facility and resource management.

Role Accountabilities
Asset Assurance and Integrity Management:

• Develop and implement asset assurance policies and procedures that ensure the safety, functionality, and longevity of Ikeja Electric’s assets.
• Conduct regular asset assessments and inspections, identifying and addressing vulnerabilities that could affect operational efficiency or asset value.
• Collaborate with the Technical team, finance team, Facility Optimization Manager and Fleet Operations Manager to ensure all assets are maintained to meet safety and operational standards.

Risk Assessment and Mitigation Planning:

• Identify, analyze, and document potential risks associated with Ikeja Electric’s assets, developing proactive risk mitigation strategies.
• Coordinate with the Administrative Service Manager and insurance providers to evaluate and secure adequate coverage for high-risk assets.
• Create and implement risk management training and awareness programs for relevant staff, fostering a culture of risk awareness and prevention.
• Insurance Coordination and Claims Management
• Ensure all assets are covered under appropriate insurance policies, reviewing and updating policies as needed to align with organizational requirements.
• Manage claims processes in the event of asset damage or loss, coordinating with insurance providers to secure timely and fair compensation.
• Work with the Administrative Service Manager to monitor insurance coverage adequacy, identifying and addressing any coverage gaps.

Data Analysis and Reporting on Asset and Risk Metrics:

• Track and analyze data on asset integrity, insurance coverage, and risk incidents, providing insights for continuous improvement in risk management.
• Prepare regular reports on asset assurance and risk management activities, highlighting key metrics and recommending improvements to senior leadership.
• Use data insights to forecast potential risks and guide investment in risk mitigation efforts that support Ikeja Electric’s strategic goals.

Continuous Improvement in Risk Management Practices:

• Identify and implement best practices in asset assurance and risk management, enhancing operational resilience and minimizing asset-related disruptions.
• Stay informed on industry trends in risk management and asset assurance, applying innovations that strengthen Ikeja Electric’s risk mitigation capabilities.
• Work closely with internal teams to integrate risk management into operational processes, supporting a comprehensive approach to asset protection.

Minimum Requirements

• HND / B.Sc Degree in Estate Management, Estate Surveying & Valuation, or a related discipline within Environmental Sciences.
• 3 – 5 years relevant experience on the role.
• Membership of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) is an added advantage.
• Professionalregistration with ESVARBON and relevant professional certifications will be an added advantage.

Skills and Compentencies:

• Asset Assurance and Integrity Expertise
• Risk Assessment and Management
• Insurance Knowledge and Claims Management
• Data Analysis and Reporting Skills
• Commitment to Operational Resilience.
• Working knowledge of Facilities Management principles, including property maintenance, space management, statutory compliance, service delivery and stakeholder coordination.
• Practical experience in property valuation and market assessment, including the ability to assess rental values, market trends and property-related costs.
• Strong property documentation, due diligence and stakeholder management capabilities, with the ability to coordinate effectively with government agencies, consultants, landlords, vendors and internal stakeholders.
• Demonstrable knowledge of Lagos and Ogun State land tenure, property laws and applicable statutory requirements, with the ability to apply this knowledge effectively in property and facility-related transactions.
• Practical experience in obtaining and managing statutory approvals and regulatory compliance for properties and facilities, including interactions with relevant agencies such as Lands, LASPPPA, LABSCA, LAA/LAASA, LASAA, Local Government authorities and other applicable regulatory bodies.
• Customer Centricity
• Risk Management
• Change Management
• Organizational Learning
• Entrepreneurship
• People Leadership.