Senior Manager - Risk Management

Bumi Armada Berhad

Kuala Lumpur, Kuala Lumpur, Malaysia

Posted 5 years, 10 months, 8 days ago

Job Details

Description :

Role Purpose

  • Develop and manage ERM Framework and sub procedures to enable the implementation of risk management plan that support and improve BAB business in the industry.
  • Ensure that risks are delt with as part of the normal business
  • Assist in Risk Management Committee (“RMC”) reporting.
  • Support and advisory role to Risk Focal Persons and relevant BAB staff / crews.

Key Accountabilities

System Implementation

  • Proper implementation of ERM Framework to ensure consistency of risk management practices in the group and integration into existing decision making processes and the overall strategic direction of the company.
  • Implement risk management plan/programs to ensure all risks identified are addressed and risk impacts are minimized through proper mitigations.
  • Proactively identify risk exposures, pre-empt and unravel potential risk scenario on critical business functions and processes.

System Monitoring

  • Ensure timely performance of risk exercises and proper maintenance of the company’s risk register.
  • Analyse and monitor the progress of the management actions of each division and ensure they are on track with their risk management initiatives.

Communication

  • Assist in ensuring effective communication in implementation and reporting or ERM.
  • Assist in ensuring an awareness culture on ERM is created throughout the Group through risk activities and programs.

Risk Reporting

  • Provide support on the reporting to the Management and RMC.
  • Provide support on the production of monthly performance reporting on risk management (Risk Dashboard).
  • Support the analyses of Business Unit Risk Reports.
  • Support on developing and maintaining BAB risk profile (Risk Dashboard).

Key Performance Information

  • Assist in ensure reliable risk information providing current, accurate and complete information on risk management at all times for management information, deliberation and decision making.
  • Monitor from time to time relevance of key performance information being reported according to the industry standards.

Staff Development

  • Motivate, train and counsel risk representatives on performance /skill / competency improvement to achieve the department’s goal as well as to be aligned towards the Group’s goals and success.

Relationship Building

  • Develop and maintain strong working relationship with the business units, corporate divisions and project management teams to ensure all planning requirements and ERM are followed through timely and accurately.

Requirements :

Education and Business Background

  • Diploma/ Degree level or a detailed background in engineering in the offshore or onshore oil and gas industry.
  • At least 10 years of Risk Management experience.
  • Hands-on risk management within the Oil and Gas industry.

Experience

  • Relevant oil & gas experience, offshore construction, industry in EPC project with min 3 years in risk management role within the oil and gas business.
  • Able to lead and deliver by example, diving in to details when needed.
  • Displays a relentless drive to deliver on set goals and objectives.
  • Measures performance against clear benchmarks.Able to make and see through tough decisions.
  • Communicates openly and effectively.

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Salary up to

Not disclosed

Job Type

Full Time

Experience

5-10 Years

Industry

Oil & Gas

Job Category

General Business

Risk Management

About us

Bumi Armada Berhad is a Malaysia-based international offshore oilfield services provider with a presence in over 15 countries spread across five continents, underpinned by its personnel comprising over 1,500 people from over 30 nationalities. Bumi Armada provides these offshore services via four strategic business units - Floating Production, Storage and Offloading Operations (FPSO), Floating Gas Solutions (FGS), Offshore Support Vessels (OSV) and Transport and Installation (T&I). These are complemented by three support units which are FPSO Sales, Technology and Development (T&D) and Projects. Bumi Armada is the fifth largest FPSO player in the world and an established OSV owner and operator across Asia, Africa and Latin America. For more information, please refer to www.bumiarmada.com