Senior Enterprise Risk Analyst

Petrofac International

Sharjah, UAE

Ref: HP021-43

Job description / Role

Employment: Full Time

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs, planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?

JOB TITLE: Senior Enterprise Risk Analyst


- Assist Group Head of Enterprise Risk and/or the Senior Enterprise Risk Manager in carrying out ERM Program responsibilities and establishing an effective risk process across Petrofac.
- Aggregate, analyze , and report (or where needed assist reporting) principal risk information to GRC and the Audit Committee and support the reporting of principal risks and risk management activities in the Annual Report & Accounts.
- Perform or facilitate the integration of principal risk information including risk assessments and the status of mitigation actions. Coordinate risk response action plan follow-up.
- Establish and monitor key performance indicators and other measures/attributes related to ERM program effectiveness.
- Prepare country entry documentation for the business development and strategy teams, as input to the GRC.
- Support facilitation of GRC reviews for major contracts and country entry reviews where needed prepare relevant documentation for the business development and proposal teams, as input to the GRC.
- Support the Group DAM review and approval process, including regular reviews and updates, annual reviews and communication.
- Support Group Policies and Standards review and approval process, including consistency with Group Guidance, annual reviews by GRC/Board and implementation plan requirements.
- Maintain ERM documentation/Petronet/Global Management System including ERM policy/standards/procedures, best practices and lessons learned; and ERM reference materials, tools and techniques.
- Deliver and/or coordinate delivery of enterprise risk management training and facilitation.
- Assist the evaluation, re-design and manage the revision of PERMS (Petrofac Enterprise Risk Management System) that support the ERM program processes including risk assessment, reporting and monitoring.
- Support the ERM function in acting as administrator maintaining effective operation of PERMS system - managing the access and privileges of system users.
- Support the ERM function in conducting of annual review of risk appetite and statement and agreeing any changes with GRC and then with Audit Committee.
- Support the ERM function in managing the Control Self-Assessment process and reporting the results to GRC and then to Audit Committee.

The above is an outline of key duties and accountabilities, rather than an exclusive or exhaustive list of responsibilities. The post holder is expected to undertake any tasks which may reasonably be expected within the scope of the position.



- Strong undergraduate degree; supplemented with strategic thinking and strong problem-solving skills.
- A post graduate degree in Business, Finance, Risk may be advantageous.
- Expertise in risk management, controls and governance processes.
- Understanding of the Oil & Gas value chain, Petrofac's service offering, markets, customers and business model.
- Knowledge and understanding of the risks that Petrofac faces - strategic, reputational, operational, financial, legal and compliance.
- Member of relevant professional body - risk management etc.
- Strong organizational skills, planning and time management - ability to deliver against tight deadlines.
- Reliable and trustworthy; comfortable dealing with senior personnel and able to demonstrate a high degree of confidentiality at all times.
- Ability to develop relationships internally and externally.
- Attention to detail and good analytical skills.
- Ability to challenge information presented by the business and communicate the salient information to an executive audience concisely, both written and when required, orally.
- Highly motivated, self-starter, aligned with Petrofac's Values.
- Ability to operate in a multi-cultural and fast paced environment.
- Experience of transforming business processes and practices, including managing stakeholders, information flows, process, systems and aligning with good practice.
- Experience of working in a multi-cultural organisation over several geographies.
- 7+ years of experience in risk management or a related field.

About the Company

Petrofac is an international provider of facilities solutions to the oil & gas production and processing industries.

Petrofac delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training, Production Solutions and Energy Developments.

Through these businesses, Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects.

Petrofac’s range of services meets its customers’ needs across the full life cycle of oil & gas assets.

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