Saudi Aramco Careers

Enterprise Risk Management Specialist

Saudi Arabia
corporate planning


Job Description

Requisition ID: 1170834

Req Number: 15945BR

Position Description:
We are seeking an Enterprise Risk Management (ERM) Specialist to join the Portfolio Analysis & Decision Support Department under the Corporate Planning organization. The core function of the Corporate Planning organization is to advise the Company’s management and guide other departments within the Company on energy markets and outlooks, economic evaluations, oil pricing, macroeconomic outlooks, international energy policies and regulations, risk management, and HR capital requirements. The ERM Specialist will assist Corporate Management and other Company organizations in developing, implementing, and improving a Corporate wide Enterprise Risk Management framework.

Minimum Requirements:
As a successful candidate you will have the following:

A bachelor’s degree in risk management, engineering, economics, business administration, accounting, financial management, law, or a closely-related specialty; or a completed relevant certification.

10+ years of experience in risk management with a global company or a top consulting firm.

Familiarity with leading governance, risk, and control concepts and practices.

Strong leadership capabilities and interpersonal skills to interface at all management levels.

The ability to work with minimum supervision on relatively unstructured tasks.

Demonstrable ability to produce top-quality written and spoken reports in English.

Preferred additional qualifications

A graduate degree in a relevant field.

Completed or working toward certification with a recognized risk management institution.

Experience of working in or with the oil and gas industry.

Experience of living and working in the Middle East.

Experience of working within ERM, project risk management, IT risk management, health and safety, internal audit, compliance, HAZOPs or other risk management processes.

Experience of using risk management technology tools.

Duties & Responsibilities:
You will be responsible for the following:

Review and continuously enhance the design and application of the ERM framework.

Advise management on identification and management of major risks.

Provide risk coaching and practical advice to business organizations; develop and deliver formal training and other presentations.

Help organizations assess and monitor risks and develop and implement mitigation plans.

Coordinate risk reporting across the Company and ensure that management receives sufficient and reliable information.

Work with and support relevant organizations to instill risk management as an integral part of decision making.

Liaise with other risk management functions (health and safety, IT risk management, emergency response/business continuity, treasury risk, etc.) to bring about risk alignment.

About us:
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the world’s energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramco’s stature – both as a corporation and as a corporate citizen – in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.