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Job Description

KEY RESPONSIBILITIES:

  • Assist Group Head of Enterprise Risk in carrying out ERM Program responsibilities and establishing an effective risk process across Petrofac. 
  • Aggregate, analyse, and report (or where needed assist reporting) principal risk information to GRC and the Audit Committee and support the reporting of principal risks and risk management activities in the Annual Report & Accounts.
  • Perform or facilitate the integration of principal risk information including risk assessments and the status of mitigation actions. Coordinate risk response action plan follow-up.
  • Establish and monitor key performance indicators and other measures/attributes related to ERM program effectiveness.
  • Prepare country entry documentation for the business development and strategy teams, as input to the GRC.
  • Support facilitation of GRC reviews for major contracts and country entry reviews where needed prepare relevant documentation for the business development and proposal teams, as input to the GRC.
  • Manage the Group DAM review and approval process, including regular reviews and updates, annual reviews and communication.
  • Manage Group Policies and Standards review and approval process, including consistency with Group Guidance, annual reviews by GRC/Board and implementation plan requirements.
  • Maintain ERM documentation/Petronet/Global Management System including ERM policy/standards/procedures, best practices and lessons learned; and ERM reference materials, tools and techniques. Deliver and/or coordinate delivery of enterprise risk management training and facilitation.
  • Assist the evaluation, re-design and manage the revision of PERMS (Petrofac Enterprise Risk Management System) that support the ERM program processes including risk assessment, reporting and monitoring.
  • Act as administrator maintaining effective operation of PERMS system – managing the access and privileges of system users.
  • Manage the conduct of annual review of risk appetite and statement and agreeing any changes with GRC and then with Audit Committee.
  • Manage the Control Self-Assessment process and reporting the results to GRC and then to Audit Committee. 

ESSENTIAL QUALIFICATIONS AND SKILLS:

  • Strong undergraduate degree; supplemented with strategic thinking and strong problem-solving skills.
  • A post graduate degree in Business, Finance, Risk may be advantageous. 
  • Expertise in risk management, controls and governance processes.
  • Understanding of the Oil & Gas value chain, Petrofac’s service offering, markets, customers and business model.
  • Knowledge and understanding of the risks that Petrofac faces – strategic, reputational, operational, financial, legal and compliance.
  • Member of relevant professional body – risk management etc.
  • Strong organisational skills, planning and time management – ability to deliver against tight deadlines.
  • Reliable and trustworthy; comfortable dealing with senior personnel and able to demonstrate a high degree of confidentiality at all times.
  • Ability to develop relationships internally and externally.
  • Attention to detail and good analytical skills.
  • Ability to challenge information presented by the business and communicate the salient information to an executive audience concisely, both written and when required, orally.
  • Highly motivated, self-starter, aligned with Petrofac’s Values.
  • Ability to operate in a multi-cultural and fast paced environment.
  • Significant experience in risk management or a related field.
  • Experience of transforming business processes and practices, including managing stakeholders, information flows, process, systems and aligning with good practice. 
  • Experience of working in a multi-cultural organisation over several geographies.
  • 10+ years of experience in risk management or a related field. 
Area
Sharjah, United Arab Emirates