Senior Specialist, Risk Management

About the Role
The work of Project Risk Management is to identify new risks, re-assess existing risks, systematically evaluate identified risks, and ensure adequate risk response actions are in place to increase the likelihood of meeting project objectives. This role oversees and controls all Project Risk Management activities pertaining to the successful delivery of the Group’s strategic capital projects portfolio, meeting the mandate of the Group CEO and overall group objectives.

Key Accountabilities
Project Risk Management

• Lead the Project Risk Management discipline, providing direction and advice to all Group Companies on all Risk Management discipline integration related issues.
• As Group Technical Authority (Level 1), manage the development of all Project Risk Management-related standards, guidelines, and procedures.
• Manage the development, update, and regular maintenance of the Project Risk Management technical and organizational framework, competency management and assessment framework, and the development of Project Risk Management with the Technical Authority Framework.
• Lead the implementation of the Technical Authority Framework on Project Risk Management roles across the Group by appointing individual Group Company Technical Authorities.
• Develop and maintain the Project Risk Management Knowledge community across Group Companies.
• Provide technical risk management advice, supporting Group Companies in managing their portfolio of projects within a risk framework, assisting in development and delivery in terms of scope, cost, time, operability, quality, and safety in line with agreed project objectives.
• Assess top risks associated with the Capital Program and report them to internal and external stakeholders as required (e.g., GPE SVP, VPs, ERM function, and other leadership structures requiring capital projects risk reporting).
• Lead the development of Project Risk Management Community of Practice.
• Work with other Senior Specialists Project to ensure seamless integration of Project Risk Management knowledge within the Group Value Assurance Process and Integrated Project Management System.

Management

• Lead and set the tone for the oversight & execution of Project Risk Management.
• Maintain continuous oversight to ensure effective implementation of Project Risk Management Framework across the organization.
• Foster and strengthen a project risk-aware culture across the organization through continuous project risk-related initiatives.
• Review top project risks and related risk action plans and submit/present to leadership when requested.
• Work with Directorates and Group Companies to establish, maintain and continuously improve project risk management capabilities.
• Plan and supervise the activities of the personnel and resources of the Department to achieve Division objectives efficiently and cost-consciously while ensuring the implementation of approved operational plans in line with Division objectives.
• Develop knowledge, competencies, and innovative spirit in the Department and support the establishment of Personal Development Plans (PDPs), Succession Planning, and Talent pipeline in coordination with the Human Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets.

Budgets and Operational Plans

• Compile and provide input for preparation of Division budgets and regularly monitor expenditure against approved Department budget levels.
• Investigate, highlight, and reconcile any significant variances to ensure effective performance and cost control.
• Oversee design and implementation of the iPAD Risk Management Module.
• Continuously assess project risk management software capabilities against market demand, and test and procure best-in-class project cost and schedule risk management software.

Policies, Systems, Processes & Procedures

• Lead the implementation of approved Department policies, processes, systems, standards, procedures, and internal controls to support execution of the Division work programs in line with Company and International standards.

Performance Management

• Implement the Company Performance Management System for individuals within the Department in accordance with approved guidelines and continuously monitor the achievement of Department KPIs related to the approved Annual Performance Management Contract and the Balanced Scorecard.

Organisation Structure and Development

• Review, develop and recommend the appropriate organisation structure for the Department that will best utilise human capital while proactively incorporating sustainability into on-going work practices to meet business objectives.

Innovation and Continuous Improvement

• Encourage innovation, enhance employee motivation, and support initiatives for implementation of Change Management to continuously improve operations and services.
• Propose improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards to define intelligent solutions for issues confronting the Department.

Health, Safety, Environment (HSE) and Sustainability

• Support the institution of an HSE culture and ensure compliance with relevant HSE policies, procedures, systems & controls and applicable legislation and sustainability guidelines across the Department in line with international standards, best practices, and Company Code of Practices.
• Ensure adequate HSE training and induction for all Department employees to meet HSE standards.

Management Information Systems (MIS) and Reports

• Prepare all Department MIS and progress reports to provide accurate and timely reports and necessary information to Company Management to effectively manage the business.

Communications & Working Relationships
Internal

• Vice Presidents, Group Project Management & Engineering
• Other Senior Specialists Project within Project Management
• Other HQ divisions in Upstream, Downstream, TEO, etc.
• Projects & Engineering Management teams in Group Companies

External

• Senior Management of PMC and Engineering Consultants and third-party service providers
• Project Risk Management Peers in Joint Venture Partners and Concession Holders
• Government organizations and entities

Qualifications, Experience, Knowledge & Skills
Minimum Qualification

• Bachelor’s Degree in Engineering, preferably with an advanced professional degree in Project Risk Management, Project Management, or Engineering.

Minimum Experience & Knowledge & Skills

• 15 years of experience within Oil & Gas projects with exposure to various aspects of Project Management and Project Risk Management at project, business unit, and corporate levels.
• Subject Matter Expert Knowledge in Project Risk Management applied to Oil & Gas Capital Projects.

Professional Certifications

• Preferably Certification as PMI Risk Management Professional (PMI-RMP)®
• Preferably Certification as Project Management Professional (PMP)®

Technical Competencies

• Highly proficient in project risk management software packages such as Archer, ARM, Oracle Primavera Risk Analysis, @Risk, Deltek Acumen Fuse, Safran.