ERM Framework Developer
7 days ago
About the Job
The Senior Risk Specialist will develop and maintain QAFCO's Enterprise Risk Management (ERM) framework. This framework will enable the company to identify, assess, manage, and regularly report on strategic risks that impact its Vision, Mission, and Strategic Objectives.
Main Responsibilities
- ERM Framework Development: Develop and maintain QAFCO's enterprise risk management framework and associated centralized systems.
- Risk Appetite Definition: Define and review QAFCO's Risk Appetite in consultation with the Management team.
- ERM Committee Coordination: Coordinate and support the Head of Risk Management in preparation and follow-up for QAFCO's ERM Committee meetings.
- Strategic Risk Identification: Identify and document strategic risks impacting QAFCO's Vision, Mission, and Strategic Objectives.
- Mitigation Plan Development: Develop mitigation plans for each identified strategic risk and track their progress.
- Risk Reporting: Provide regular updates to the ERM Committee and Management team on strategic risk reports.
- Stakeholder Engagement: Engage with Management stakeholders and ERM Focal Points to ensure coordinated operation of the ERM framework.
- Training and Awareness: Provide training to ERM focal points on risk identification, assessment, and development of mitigation plans.
- Industry Best Practices: Align with best risk management practices in the industry.
- Crisis Management: Maintain BCM and Crisis Management frameworks and lead related testing, reporting, training and awareness requirements.
Requirements
- Bachelor's degree in risk management, Finance or Engineering.
- 8 years of direct experience in a similar role preferably within the Oil & Gas, Petrochemical, and Fertilizer Industry.
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