Our client is a leading firm dealing in the Oil and gas sector & Energy Commodity Trading. With a commitment to excellence and innovation it strives to deliver highquality products/services while fostering a positive work environment for its employees. In continuation of its expansion and growth the company is seeking a dynamic individual as the Head Risk Management.
Job Summary:
Our client is seeking a strategic and innovative leader to serve as the Head of Risk Management for its oil & gas operations. This role demands a highly skilled professional with extensive experience in identifying assessing and mitigating risks across operational financial regulatory and strategic domains. The ideal candidate will leverage cuttingedge AIdriven tools and methodologies to enhance risk management processes ensuring the company effectively manages risk exposure maintains compliance with industry regulations and supports growth objectives.
Key Responsibilities:
- Provide strategic guidance to senior leadership on emerging risks and opportunities supported by AIpowered data insights.
- Lead the development of business continuity plans incorporating AI insights to enhance resilience and adaptability.
- Oversee risk assessments across all operational financial regulatory and strategic domains utilizing advanced AI tools for realtime monitoring and analysis.
- Ensure compliance with industry regulations and standards leveraging AI to streamline compliance processes and identify gaps.
- Collaborate with crossfunctional teams to embed AIdriven risk management strategies into business operations.
- Develop and implement a comprehensive risk management strategy that aligns with the companys overall business objectives incorporating all aspects of risk including operational financial regulatory strategic and environmental.
- Lead risk assessments for new and ongoing oil & gas projects evaluating risks related to exploration drilling refining logistics and trading.
- Establish and manage a risk register ensuring that all risks are properly classified tracked and mitigated through appropriate measures.
- Design and implement risk control frameworks including procedures and tools to monitor report and manage risks across the companys operations.
- Collaborate with senior leadership to ensure that risk management considerations are embedded in the companys strategic decisionmaking and daytoday operations.
- Monitor external risks such as geopolitical economic regulatory environmental and market changes that could affect the companys performance and operational capacity.
- Oversee the management of insurance programs including coverage for property liability business interruption and environmental risks.
- Lead the crisis management and business continuity planning ensuring that the company is prepared for potential disruptions (e.g. natural disasters political unrest major accidents).
- Maintain a robust internal control system to identify and prevent operational and financial fraud regulatory violations and other risks.
Key Requirements
- Bachelors degree in Risk Management Engineering Finance Business Administration or related fields. A masters degree in business administration (MBA) Finance or Risk Management is a plus.
- Certification in Risk Management (e.g. PRM FRM CRISC) is an advantage.
- 1015 years of experience in risk management within the oil & gas sector including significant exposure to upstream midstream and downstream operations with experience in integrating AI technologies into risk processes.
- Strong analytical skills with expertise in AIdriven risk modeling and predictive analytics.
- Strong experience in financial risk management including credit risk market risk operational risk and insurance.
- Deep understanding of oil & gas industry regulations including environmental health & safety and governance requirements.
- Proven track record of managing largescale risk mitigation programs across complex and geographically diverse operations.
- Experience with enterprise risk management (ERM) frameworks internal controls and risk reporting tools.
- Exceptional leadership and communication skills with the ability to drive innovation and foster collaboration
- Advanced knowledge of risk management software (e.g. SAP GRC RiskWatch) and data analysis tools.
- Strong communication skills with the ability to present complex risk concepts in clear actionable terms for senior leadership and the board.
Core Competencies
- Strategic Risk Leadership
- Oil & Gas Operational Risk Management
- Regulatory Compliance & Risk Mitigation
- Crisis Management & Business Continuity
- Insurance & Financial Risk Management
- Team Development & Leadership
- Risk Reporting & Analysis
- Communication & Stakeholder Management