Regulatory Risk Officer at the Ibadan Electricity Distribution Company (IBEDC) Plc

Ibadan Electricity Distribution Company (IBEDC) Plc - Headquartered in Ibadan is responsible for electricity distribution within the south western zone (Oyo, Ogun, Osun and kwara as well as some parts of Kogi, Ekiti and Niger states).

We are an organization with a focus on delivering excellent service to the customers and providing customer satisfaction through reliable power distributions.

We are recruiting to fill the vacant position below:

Job Title: Regulatory Risk Officer

Location: Ibadan, Oyo

Job Description

• To organize, evaluate, analyze and monitor all regulatory & market risk to ensure overall improvement in market shortfalls due to disco challenges      

Responsibilities

• Providing alerts and analysis to IBEDC on the impact of changes and defaults in the regulatory provisions and contractual framework.
• Regulatory & market risk identification, assessment and reporting to risk owners/stakeholders for proper action.
• Assist with Periodic internal tariff review, analysis and shortfall analysis, MYTO review and projections.
• Prepares regular industry reports on the state of the market for internal and external stakeholders (as defined by industry regulations or IBEDC’s management discretion)
• Assist in conducting special research falling out of regulatory provisions centered around loss reduction levels and deliver timely and relevant actionable feedback to improve performance

Competence Requirements

• Understanding of the business of IBEDC and related businesses in the electricity sector
• Understanding and knowledge of regulatory stipulations vis-à-vis rates, pricing MYTO and market reset
• Understanding of the laws and regulations governing the power industry
• Strong financial and business acumen - financial analysis and reporting skills
• Good problem solving and analytical skills
• Good negotiation skills
• Good interpersonal skills
• Proficiency in Microsoft Office applications in preparation and analysis of data (eg Excel spreadsheet)
• Excellent verbal and written communication skills (business report writing)

Qualifications and Requirements
Educational Qualification:

• A first degree in Social Sciences or any relevant field

Desired Experience:

• At least 2 years’ experience within the Utility industry or a closely related industry.

Application Closing Date
1st September, 2019.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note: When the page opens, click on "Click Here See Vacancies" and select "Regulatory Risk Officer" to apply accordingly.