Head of Risk Management

Job Purpose

Design policies, procedures and processes as well as develop and implement risk-assessment models and methodologies to identify and manage potential risks to the achievement of organizational or business objectives.

Key Accountabilities:

• Lead the assessment of enterprise risk, corporate governance, regulatory and operational risk, business continuity, information and security risk, technology risk and market and credit risk to protect the organization business.
• Plan, design and implement an overall risk management process as well as continuously monitor and review processes to ensure risk and compliance requirements are put in place.
• Lead, guide and provide support and training to subordinates to increase their level of competence.
• Select and implement measures to control and mitigate risks including activities to avoid risks, transfer risks and finance risks for the benefit of the organization.
• Conduct risk assessment that involves managing the process of analyzing upside and downside risks as well as identifying, describing and estimating the quantitative and qualitative risks which have a business impact.
• Conduct external risk reporting to stakeholders to ensure compliance with corporate governance.
• Monitor and report Key Risk Indicators and risk mitigation plans completion and relevant reporting to governance and management committee.
• Analyze, recommend and implement process improvements within the context of Enterprise Risk Management, Crisis Management and Business Continuity Management.
• Evaluate risk which involves comparing estimated risks with risk criteria established by the organization such as costs, legal requirements and environmental factors to ensure alignment.

Job Requirements:

• Degree in Finance, Business (Risk Management) or related discipline
• Minimum 15 years of relevant experience (experience in Oil & Gas, Chemical or Engineering Construction industry is preferred)