Risk Management Advisor

2 weeks ago

Kuala Lumpur, Malaysia Vinarco Full time

Job Description:
**Client**: A subsidiary of a leading oil and gas exploration and production company.

**Location**: Kuala Lumpur, Malaysia

**Type of hiring**: 1-3 years Contract

**Responsibilities**:

- The Advisor, Risk Management is in charge of coordinating Enterprise Risk Management processes to ensure that risks at all levels are fully handled and in accordance with corporate policy, regulations, guidelines, and international standards.
- Consolidate departmental risk assessments into the PLS level and collaborate with the PLS/G Section to the Corporate Office.
- Carry out the risk management plan to assist PLS/G with GRC objectives.
- Consider the commercial implications of business choices involving Production Sharing Contracts.
- In charge of the commercial, business development, and risk management functions, as well as the development of assigned projects and businesses.
- Maintain an enterprise-wide view of risks related to Corporate Direction in the businesses, i.e. E&P, related businesses, and other businesses in which the company invests, as well as recommend mitigation strategies to manage the risk to keep it within the acceptable level per clause (2), and to continuously monitor, assess, and improve the mitigation strategy in response to any changes in the business environment.
- Assist the Risk Management Function in assessing key risks and advising on other potential risks that may have an impact on the Company's continuous and efficient risk management in comparison to leading companies, as well as assign tasks related to company risk management for the Risk Management Function to perform.
- Report key risk and results of risk management to Management on a regular basis, and promptly notify all parties involved of any significant risk management events to Corporate.

**Qualifications**:

- University degree (or similar qualification) in Business Administration or Finance, preferably with MBA qualifications.
- Minimum 20 years experience in the upstream petroleum industry, including first-hand experience with strategic planning.
- Familiarity with management accounting for business-performance measurement, setting and revisiting financial and operating targets, identifying key value drivers, and with analysis methods and tools to support business decision-making.
- Experience with Production Sharing Contracts.
- Exposure to oil and gas exploration, development, and production activities in an operating environment.
- Strong interpersonal and communication skills and demonstrated leadership abilities.
- Proficient in the English language.
- Working knowledge of Microsoft Office e.g. Words, Excel, and PowerPoint
- Only local residents will be considered.

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