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.