Principal Risk Expert at CNOOC Exploration & Production Nigeria Limited (the CEPNL) - i54 Corporate Services Limited

i54 Corporate Services Limited - Our client, CNOOC Exploration & Production Nigeria Limited (the CEPNL) was incorporated in Abuja, Nigeria on 20 January 2006 and is wholly owned by CNOOC (China National Offshore Oil Corporation) International Limited, which is mainly responsible for the operation and management of CNOOC’s oil and gas assets in Nigeria

They are recruiting to fill the position below:

Job Title: Principal Risk Expert

Location: Victoria Island, Lagos
Job Type: Full Time

Job Function
This role will oversee and assess key transaction risks covering; sponsor, commercial and project structure risks in proposed financing transactions. Functions of this role include:

• Ensure the quality of assumptions based on due diligence on technical, commercial, legal, regulatory, financial, institutional, governance, managerial, safeguards, fiduciary and capacity considerations.
• Oversee and assess the valuation methodologies and exit strategies for equity investment proposals.
• In cases of state-owned enterprise financing, oversee and assess the; value of the entity in question, quality of the investment program or stand-alone project proposed, existing debt structure, strength of the income stream, suitability of the tariff regime and the formulas for changing it, and specific security package to safeguard the interests of the Company.
• Oversee and provide advice and recommendations to the project teams on appropriate risk mitigation measures, deal structuring issues, pricing, terms and conditions, and financial covenants throughout the entire credit approval process.
• Participate in due diligence assessments where the proposed transaction’s complexity or unique risk profile warrants; participate in independent site visits for proposed transactions where warranted.
• Provide inputs into and recommendation for approval of risk ratings for new transactions.
• Provide support for Investment Committee meetings.
• Oversee and ensure compliance with portfolio monitoring objectives with respect to exposure limits, diversification and/or policy guidelines.
• Oversee and provide assistance with complex and multi-disciplinary problem solving.
• Oversee and supervise assignments

Required Qualifications and Skills

• Master’s degree, or equivalent, in Finance, Business Administration, Economics, or related fields. University degree in Engineering, Economics, Finance or Business Administration, combined with specialized experience in offshore project.
• At least 10 years of relevant experience in an international bank, equity fund, or multilateral/bilateral development organization, in risk management and investment appraisal in areas involving direct or indirect equity investments in funds 
• Exposure to financial institutions, project finance, corporate finance, structured finance, derivatives and related banking activities highly welcomed.
• Excellent oral and written communication skills in English.
• International experience working in several countries is preferred.

Application Closing Date
29th October, 2024.

How to Apply
Interested and qualified candidates should send their CV to: [email protected], [email protected] and copy to: [email protected] using the Job title as the subject of the mail.