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Lead Risk Specialist in Qatar

JOB PURPOSE

Safeguard the organization, its customers, reputation, assets and the interests of stakeholders by identifying and mitigating risks to the achievement of the business objectives. Advise on potential risks to the profitability or existence of the company. Identify and assess threats, develop appropriate mitigation plans to avoid, reduce or transfer risks. Contribute to the development and maintenance of the enterprise-wide business continuity management program.

ACCOUNTABILITIES

Risk Management:

- Assist Head of Risk Management in establishing and communicating the organization’s Enterprise Risk Management objectives and directions.

- Assist Head of Risk Management to develop and communicate risk management policies, risk appetite and risk limits.

- Assist Head of Risk Management in developing and implementing the Enterprise Risk Management Framework.

- Communicate and facilitate the use of appropriate Enterprise Risk Management methodologies, tools and techniques across the organization.

- Oversee and in some areas implement the planning of risk control actions for the organization’s critical risks (such as liaison with regulators, business continuity plans).

- Monitor and, where appropriate, drive the implementation of agreed loss prevention programme and risk mitigation strategies.

- Assist management with the integration of risk management within the strategy development process.

- Cooperate with all functional groups to establish, maintain and continuously improve risk management capabilities.

- Implement appropriate risk reporting to the Executive Management and Board.

- Provide an independent view regarding proposed business plans and transactions.

- Continuously review the risk implication of business developments including projects.

- Assist with capital and resource allocation decisions.

- Support Health, Safety and Environmental risk management systems and activities.

- Provide training and information in order to embed a culture of risk management best practice through the company.

- Cultivate relationships with external consultants and supervise work programmes.

- Keep up to date with risk management trends and techniques.

- Support the Operations group (Production, Technical and Maintenance departments) in relation to risk management systems and activities.

- Conduct risk assessments as required and lead risk assessment activities in relation to HAZOPs and other externally driven risk assessment activities.

- Support the Risk Centres, lead and facilitate risk centre workshops and provide advice and training as required.

- Manage and maintain up to date the Corporate Risk Register and corporate risk database; support the maintenance of other risk registers in the company.

- Support and co-ordinate the annual risk survey conducted by the company’s insurers and reinsurers.

- Maintain the policies, standards and procedures with regards to Risk Management in Information Management System (IMS) to ensure they are up-to-date.

Business Continuity Management:

- Work as part of the BCM-Risk Management Team who work with Senior Management in all lines of business to coordinate business continuity governance activities.

- Support the Head of Risk Management to ensure a Business Impact Analysis (BIA) is performed to determine critical activities supporting our key products, services and the impact due to the disruption of these activities.

- Contribute to the development and maintenance of the enterprise-wide business continuity management program including: development of tools and instructional guides for the company.

- Assist the development and facilitation of enterprise-wide event exercises, relationship management with all part of the company, development of corporate policy, standards, and procedures.

- Contribute to establishing and maintaining program processes and practices which effectively ensure that the enterprise program remains current, and incorporates/aligns with industry standards and practices as appropriate, and adequately covers general regulatory requirements.

- Support and/or lead processes that support BCM requirements as part of the enterprise risk framework.

- Be a subject matter expert for business continuity management.

Policies and Procedures:

- Contribute to the development and implementation of Department’s policies, procedures and controls covering all areas of Risk Management activities to ensure that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers.

Safety, Quality and Environment:

- Adhere to all relevant safety, quality and environmental procedures, instructions and controls to so that the safety of employees, quality of products/services and environmental compliance can be guaranteed.

Continuous Improvement:

- Contribute to the identification of opportunities for continuous improvement of Department systems, processes and practices taking into account 'international best practice', improvement of business processes, cost reduction and productivity improvement.

Key Performance indicators

- Enterprise Risk Management strategy is implemented.

- An integrated risk management framework is implemented.

- Risk mitigation strategies are implemented for key enterprise risks.

- Risk management issues are understood company wide.

- The enterprise-wide business continuity management program is maintained.

- Business Continuity Event Exercises are conducted in accordance to BCM programme.

Problem Solving

Problems are often varied and non-routine. Roles use previous experience to identify the most appropriate option or to improve existing approaches. Problems are likely to require clarification with internal customers or external subject matter experts.

COMMUNICATIONS & WORKING RELATIONSHIPS

Internal:

- Chief Executive Officer, Executive Management, and Committees of the Board as required.

External:

- Consulting firms, Insurance and reinsurance companies.

Work Environment

Type of Work Environment

Hours Per Day (Average)

AGREEABLE – AIR CONDITIONED WORK AREAS

Fully air conditioned office, vehicles, control room, workshop or warehouse.

8

QUALIFICATIONS, EXPERIENCE, & SKILLS

Minimum Qualification:

- Bachelor degree in Chemical Engineering.

- Relevant qualification in Risk, Finance or Safety Management is an advantage.

Minimum Experience:

- 5 - 7 years of experience in a similar role in Risk Management.

- Experience of leading HAZOPs or similar risk assessment activities will be an advantage.

- Experience of Business Continuity Management practices and protocols, including in-depth knowledge of international BCM standards promoted by BCI and ISO.

Job Specific Skills:

- Commitment to Safety

- Communication

- Innovation

- Initiative

- Driving Results

- Customer Focus

- Flexibility

- Teamwork

- Risk Assessments.

- Sound understanding of Enterprise Risk Management principles and philosophy.

- Data Analysis and interpretation.

- Understand and interpret financial information and principles.

- Creative problem solving.

- Analyse complex risks and loss scenarios.

- Develop realistic risks mitigation strategies.

- Running interactive workshops.

- Strong organizational skills.

- Ability to remain calm under stress.

- Presentation skills.

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