Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia
1. Design and implement an overall financial risk management process for YASREF that includes credit, market, operational and regulatory risks |
2. Lead analysis into risks to identify potential impact for YASREF |
3. Develop risk management and business continuity plans to limit and/or mitigate impact of identified risks |
4. Develop risk reports for YASREF Management and Shareholders |
5. Liaise with underwriters and insurance companies to implement risk management plans |
6. Recommend and establish the acceptable levels of risk for YASREF based on Management inputs. |
7. Prepare risk management and insurance budgets |
8. Assist in reviewing of new major contracts or financial transactions from risk management perspective |
9. Advice Management on changes to risk profile due to regulatory changes |
10. ERM & BCM: Develop and monitor Enterprise Risk Management (ERM), Business Continuity Management (BCM) and Insurance policies and procedures. |
11. ERM &BCM: Retain responsibility for administration of ERM, BCM and Insurance framework and facilitate continual improvement. |
12. ERM& BCM: Develop appropriate critical success factors and performance indicators for the risk management strategy. |
13. ERM: Review and manage the risk profile. Challenge the adequacy and effectiveness of controls. |
14. ERM: Review the Risk Registers from all Functions, Department and Divisions (including any special projects) to consider: Critical risks and how they are managed, Effectiveness of internal controls and other mitigation actions taken. |
15. ERM: Review the critical and corporate risks that have been elevated through Functions, Department and Divisions risk registers and assess how they have been identified, evaluated and managed. Identify possible areas of risk aggregation and correlation from the corporate risk register and individual risk registers. Review the impact of changes in the business on the overall risk management process and incorporate response to these in the Corporate Risk Register. Monitor progress on action plans developed as part of the risk management process. |
16. Liaise with underwriters and insurance companies to implement risk management plans. |
17. Prepare insurance manual with comprehensive and step-by-step guide covering all areas, policies and claim procedure. |
18. Liaise and coordinate with YASREF’s Departments/Insurance Broker/Insurance Companies on risk recommendations, underwriter report, coverage and other insurance matters. |
19. Ensure insurance activities, premium and renewal decisions are met within defined timeframe. |
20. Develop periodic asset valuation reports and derive a present value/fair market value. |
21. Assist in reviewing of new major contracts or financial transactions from risk management perspective. |
22. Perform other job-related duties as assigned by the Treasurer.
|
Job Details
| Posted Date: | 2020-09-29 |
| Job Location: | Yanbu, Saudi Arabia |
| Job Role: | Accounting and Auditing |
| Company Industry: | Oil & Gas |
Preferred Candidate
| Career Level: | Management |
| Nationality: | Saudi Arabia |
| Degree: | Bachelor's degree |
To apply for this job click here
jobs Risk Management & Insurance Division Head - YASREF
Accounting/Banking/Finance Jobs in Saudi Arabia,وظائف في المملكة العربية السعودية/Jobs In KSA,Accounting/Banking/Finance jobs Risk Management & Insurance Division Head - YASREF ,Jobs Accounting/Banking/Finance ,وظائف المحاسبة والبنوك والشؤون المالية فى السعودية,شواغر السعودية,وظائف المحاسبة والبنوك والشؤون المالية بالسعودية,مطلوب للعمل بالسعودية Risk Management & Insurance Division Head - YASREF ,وظائف خالية فى السعودية,مطلوب Risk Management & Insurance Division Head - YASREF للعمل فى السعودية