Senior Risk & Compliance Officer

Job Description

Company Overview

Rainoil Limited is an integrated downstream oil and gas company and a key player in Nigeria’s energy sector. The company operates across the petroleum product value chain including storage, haulage/distribution, and retail sales of Petrol (PMS), Diesel (AGO), and Kerosene (DPK). Rainoil is committed to operational excellence, compliance, and sustainable growth.

Job Title

Senior Risk & Compliance Officer

Location

Lagos

Employment Type

Full-time

Job Description

The Senior Risk & Compliance Officer will be responsible for developing and implementing the Enterprise Risk Management (ERM) framework, ensuring compliance with industry regulations, and safeguarding Rainoil’s operations. The role requires a strong background in risk, internal audit, and compliance within Oil & Gas, Banking, or Insurance.

Key Responsibilities

• Develop and implement the Enterprise Risk Management (ERM) framework.

• Identify, assess, and mitigate operational, financial, credit, market, and compliance risks.

• Ensure compliance with local and international regulations.

• Monitor regulatory changes and update company policies accordingly.

• Liaise with regulatory bodies, auditors, and key external stakeholders.

• Conduct compliance audits and risk assessments.

• Provide regular risk exposure and compliance reports to senior management and the Board.

• Strengthen internal control systems to prevent fraud and regulatory breaches.

• Lead investigations into compliance violations and incidents.

• Conduct employee training on risk and compliance awareness.

• Foster a culture of accountability and compliance across the organization.

Requirements

• Bachelor’s Degree (minimum Second-Class Upper) in Accounting, Audit, Economics, or a related field.

• ACA/ACCA professional qualification is mandatory.

• 5–10 years of relevant experience in Risk, Compliance, or Internal Audit within Oil & Gas, Banking, or Insurance sectors.

• Strong knowledge of enterprise risk management frameworks and compliance regulations.

• Excellent analytical, communication, and stakeholder management skills.