Senior Analyst, Enterprise Risk Management

JOB DESCRIPTION / ROLE

Employment: Full Time

Job purpose:

Provides consulting services on enterprise risk management across the company and promotes overall awareness for ERM through the application of ERM policy, framework, and techniques to activities at the corporate, divisional, and project level. Consults, facilitates, and assists with ad-hoc risk analysis projects and other strategic activities as required by senior management.

Key accountabilities:

Job specific accountabilities

  • Accountable for monitoring and supporting the implementation of the ERM policy and framework, ensuring its proper wide application within ADNOC-Offshore's complex organizational structure.
  • Supports the ERM team leader on matters related to the continuous improvement of ERM techniques within ADNOC-Offshore's, in line with international standards (e.g., ISO 31000:2018).
  • Acts as system administrator for systems/software acquired to support the ERM process (i.e., risk identification, analysis, treatment, and reporting) across ADNOC-Offshore's, supporting business users and ensuring the integrity of the data within the system.
  • Promotes the awareness of ERM across the organization and adopts change strategies to embed ERM principles in day-to-day business activities.
  • Identifies opportunities to drive further improvements as part of the periodic quality reviews of the ERM process and framework conducted.
  • Understands the company's strategic objectives to more efficiently assist in risk identification.
  • Schedules, prepares, and delivers risk management workshops to ensure divisional risks have been reasonably identified, ranked, and escalated as per the ERM escalation criteria.
  • Accountable for supporting the ERM team's periodic reporting to senior management and to all required shareholder committees (e.g., board, TCM, and shareholder audit committee).
  • Liaises with the business plan team within corporate planning division to continuously support the progressive integration of ERM within the business planning and performance management processes.
  • Initiates and supports the training, development, and performance assessments of UAE nationals and junior ERM analysts.
  • Advises and acts as focal point for external consultants engaged to support the delivery of the ERM strategy and objectives or relevant activities.
  • Advises and supports ERM coordinators appointed in each division in carrying out ERM related activities, including preparing and executing planned risk reviews.
  • Coordinates with the internal audit division to support their risk-based audit programme.
  • Supports other strategic corporate and business unit initiatives, in the capacity of SME.

Generic accountabilities

  • Supervision
    Plan, supervise, and coordinate all activities in the assigned area to meet functional objectives.
    Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.
  • Budgets
    Provide input for preparation of the section/department budgets and assist in the implementation of the approved budget and work plans to deliver section objectives.
    Investigate and highlight any significant variances to support effective performance and cost control.
  • Policies, systems, processes & procedures
    Implement approved section/department policies, processes, systems, standards, and procedures in order to support execution of the section's/department work programs in line with company and international standards.
  • Performance management
    Contribute to the achievement of the approved performance objectives for the section/department in line with the company performance framework.
  • Innovation and continuous improvement
    Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
    Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
  • Health, safety, environment (HSE) and sustainability
    Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices, and ADNOC code of practices.
  • Reports
    Provide inputs to prepare section MIS and progress reports for company management.

Communications & working relationships:

  • Frequent interaction with senior management, divisional management, and team leaders to discuss and provide advice on ERM related matters, including delivery of risk workshops.
  • Regular interaction with various divisions within ADNOC-Offshore to ensure ERM is considered and incorporated in relevant business processes.
  • Professional advisor on enterprise risk and opportunities to multiple stakeholders within ADNOC-Offshore.
  • Direct supervision from the line team leader and manager.

Qualifications, experience, knowledge & skills:

Minimum qualification
Bachelor's degree in business administration or related discipline.

Minimum experience & knowledge & skills

  • 8-9 years of previous professional experience of which at least 4 involved auditing and/or risk management disciplines; previous exposure to the oil and gas industry is preferred.
  • Able to think strategically and understand matters of significance to the enterprise as a whole.
  • High level of understanding of business processes and experience of process improvement.
  • Excellent facilitation and presentation skills for clear communication with senior management.
  • Highly developed people skills to motivate and coach others to change. Willingness to question the status quo of current practices.
  • Proficient in English.

Professional certifications
Internationally recognized professional qualification (preferably in ERM) is an advantage.

ABOUT THE COMPANY

We are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification.

We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.

Since 1971, we have created thousands of jobs, driven the growth of a diverse knowledge-based economy, and played a key role in Abu Dhabi’s global emergence.

Today, we continue to look for new and innovative ways to maximize the value of our resources, pioneering those approaches and technologies that will ensure we are able to meet the demands of an ever-changing energy market, and continue to have a positive impact on the Abu Dhabi economy for generations to come.

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