Risk Management Director

PUB372425

About this job

  • Market: Energy
  • Branch: Oil & Gas
  • Area of Expertise: Project Management & Services
  • Location: United Arab Emirates

What is required?

  • hours per week: 48
  • Education level: Professional Bachelor
  • Closing date: Thursday, 3 November 2022

About this role: Risk Management Director

  • Advise on any potential risks to its profitability or existence.
  • Facilitate and maintain risk management process as part of the corporate governance structure.
  • Act as an advisor to Senior Management in conducting strategic-level risk management workshops to service corporate planning and business development.
  • Communicate to Senior Management and Board of Directors (BOD) on top business risks and opportunities.
  • Manage and supervise the ERM team and practice and ensure process continuous improvement.
  • Develop an ERM framework and establish effective RM reporting, control systems, risk assessment models & methodologies in line with audit requirements and government standards.
  • Establish and maintain ERM policy for sponsorship by Senior Management and BOD.
  • Promote an understanding of RM practices and conduct related workshops.
  • Develop a common ERM philosophy and language across all business lines.
  • Assist Senior Management in developing Risk Strategy (risk appetite) in support of strategic business objectives.
  • Work with the Projects section to develop a project-level RM framework in line with the ERM structure.
  • Review and oversee RM approach and practices annually and implement required improvements upon consultation with Senior Management.
  • Develop and maintain a companywide Risk Register / Repository and ensure communication of key risks to the relevant parties.
  • Facilitate the development of business unit specific RM plans, and research applicable and feasible controls to mitigate risks as necessary.
  • Coordinate and liaise with the Internal Audit team on corporate audit findings and risk identification.
  • Manage and coordinate external and internal assurance activities across the enterprise to ensure efficient and effective scheduling, coverage and workload.
  • Report to management on risk assessment results and risk management plans and actions.
  • Address the management on compliance issues with recognized HSE standards and other local applicable governmental regulations and laws.
  • Consult the Company’s Legal Advisor (LA) on legal and legislation related risks and respective mitigating plans.
  • Compliance in accordance with section/Company policies& procedures, Policy of Integrity & Code of Conduct and HSE standards.

Requirements

  • Bachelor’s degree in Risk Management, Engineering or Business Administration. Master’s degree is of added advantage.
  • A recognized certification from the International Association of Risk and Compliance Professionals (IARCP) or Institute of Risk Management (IRM) is required.
  • 15 years industrial and risk management experience out of which 5 years RM leadership level in oil and gas and/or construction industries.
  • Knowledge of ISO 31000 (International Standard for Risk Management), COSO ERM or any other recognized ERM framework is required.
  • Knowledge and experience in control design and risk mitigation is required.
  • Knowledge of statistical analysis software is of added advantage.
  • Excellent written & spoken communication skills in the English language. Knowledge of Arabic is preferred.
  • Good people management skills.
  • Excellent communication and influential skills.
  • Excellent planning, decision making and problem-solving skills.
  • Excellent critical thinking and analytical skills.
  • Excellent report writing skills.

Start applying immediately

Sending an application is quick and easy. Just make sure you have the required documents ready to go.

  • Certifications (optional)
  • Job references (optional)
  • Motivation Letter (optional)
  • Resume
Apply now

Any questions remaining?

Your consultant, Suresh Jogi is happy to clarify anything about this vacancy. When reaching out, use the pub number:
PUB372425

Account manager

Suresh Jogi
Brunel Energy UAE Dubai
j.suresh@brunel.net

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