Risk Officer

Roles and Responsibilities

• Stay on top of potential risks and business risk exposure.
• Identify risks and evaluate them. Curate risk mitigation and management policies.
• Mentor and lead senior management and stakeholders by providing guidance on legal and financial risk management.
• Create risk management processes as per current company and future variations.
• Learn about the energy markets and latest trends including competitive analysis.

Responsibilities:

• Develop risk control and management strategies.
• Evaluate current risk management processes and determine effectiveness.
• Liaise with and guide senior management.
• Ensure the organisation meets legal and regulatory risk requirements.
• Prepare risk contingency plans.

Skills and Qualifications:

• Bachelor’s degree in economics, finance, business administration or similar.
• Prior experience as a Risk Manager within the Oil & Gas sector, circa 5 years’ experience plus.
• Solid knowledge of risk management principles.
• Certified Risk Management Professional (CRMP) or similar.
• Expert skills in MS Office and risk management tools.
• Risk Identification: Conduct assessments to identify potential risks related to projects, operations, and investments.
• Risk Analysis: Analyze identified risks to determine their likelihood and potential impact on the organization.
• Mitigation Strategies: Develop and recommend strategies to mitigate or eliminate risks, including policies and procedures.
• Compliance Monitoring: Ensure that the organization complies with relevant laws, regulations, and industry standards.
• Reporting: Prepare detailed reports on risk assessments and present findings to management and stakeholders.
• Training: Educate employees and stakeholders about risk management practices and promote a culture of risk awareness.
• Continuous Improvement: Monitor and evaluate the effectiveness of risk management strategies and adjust as necessary.
• Collaboration: Work with various departments to gather information, conduct assessments, and implement risk management strategies.
• Incident Investigation: Participate in investigations of incidents to identify root causes and recommend preventive measures.
• Documentation: Maintain accurate records of risk assessments, findings, and actions taken.

Desired Candidate Profile

• Analytical Skills: Strong analytical abilities to assess data, identify trends, and evaluate potential risks effectively.
• Attention to Detail: A keen eye for detail to spot potential issues and ensure thorough assessments.
• Problem-Solving: Proficiency in developing solutions to mitigate identified risks.
• Communication: Excellent written and verbal communication skills for reporting findings and recommendations clearly.
• Regulatory Knowledge: Familiarity with relevant regulations, standards, and best practices in risk management.
• Project Management: Experience in managing projects, including risk assessments, audits, and compliance checks.
• Technical Proficiency: Understanding of risk assessment tools and software to analyze data and generate reports.
• Interpersonal Skills: Ability to collaborate with various stakeholders, including management, employees, and external partners.
• Decision-Making: Strong decision-making skills to prioritize risks and determine appropriate responses.
• Adaptability: Flexibility to adjust risk management strategies based on evolving circumstances and organizational changes.