Risk Officer

4 weeks ago


Dubai, United Arab Emirates SALT Full time
Roles and responsibilities
  • Stay on top of potentialrisks and business risk exposure.
  • Identifyrisks and evaluate them. Curate risk mitigation and managementpolicies.
  • Mentor and lead senior management andstakeholders by providing guidance on legal and financial riskmanagement.
  • Create risk management processes asper current company and futurevariations.
  • Learn about the energy markets andlatest trends including competitiveanalysis

Responsibilities:

  • Developrisk control and management strategies
  • Evaluatecurrent risk management processes and determineeffectiveness.
  • Liaise with and guide seniormanagement.
  • Ensure the organisation meets legaland regulatory risk requirements.
  • Prepare riskcontingency plans.

Skills andqualifications:

  • Bachelor’sdegree in economics, finance, business administration orsimilar
  • Prior experience as a Risk Managerwithin the Oil & Gas sector, circa 5 years’experience plus
  • Solid knowledge of riskmanagement principles
  • Certified Risk ManagementProfessional (CRMP) or similar
  • Expert skills inMS Office and risk managementtools
  • RiskIdentification: Conduct assessments to identifypotential risks related to projects, operations, andinvestments.

  • RiskAnalysis: Analyze identified risks to determinetheir likelihood and potential impact on theorganization.

  • MitigationStrategies: Develop and recommend strategies tomitigate or eliminate risks, including policies andprocedures.

  • ComplianceMonitoring: Ensure that the organization complieswith relevant laws, regulations, and industrystandards.

  • Reporting:Prepare detailed reports on risk assessments and present findingsto management andstakeholders.

  • Training:Educate employees and stakeholders about risk management practicesand promote a culture of riskawareness.

  • ContinuousImprovement: Monitor and evaluate the effectivenessof risk management strategies and adjust asnecessary.

  • Collaboration:Work with various departments to gather information, conductassessments, and implement risk managementstrategies.

  • IncidentInvestigation: Participate in investigations ofincidents to identify root causes and recommend preventivemeasures.

  • Documentation:Maintain accurate records of risk assessments, findings, andactions taken.


Desired candidate profile
  • AnalyticalSkills: Strong analytical abilities to assess data,identify trends, and evaluate potential riskseffectively.

  • Attentionto Detail: A keen eye for detail to spot potentialissues and ensure thoroughassessments.

  • Problem-Solving:Proficiency in developing solutions to mitigate identifiedrisks.

  • Communication:Excellent written and verbal communication skills for reportingfindings and recommendationsclearly.

  • RegulatoryKnowledge: Familiarity with relevant regulations,standards, and best practices in riskmanagement.

  • ProjectManagement: Experience in managing projects,including risk assessments, audits, and compliancechecks.

  • TechnicalProficiency: Understanding of risk assessment toolsand software to analyze data and generatereports.

  • InterpersonalSkills: Ability to collaborate with variousstakeholders, including management, employees, and externalpartners.

  • Decision-Making:Strong decision-making skills to prioritize risks and determineappropriateresponses.

  • Adaptability:Flexibility to adjust risk management strategies based on evolvingcircumstances and organizationalchanges.



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