Strategic Risk Governance Professional

4 days ago

Manama, Manama, Bahrain Bapco Refining Full time

Job Overview:

We are seeking a highly skilled Strategic Risk Governance Professional to join our team at Bapco Refining. In this critical role, you will be responsible for overseeing the governance, control, and sustainability of procurement, contract, and warehousing policies and procedures.

About the Role:

The successful candidate will have expertise in risk management, internal control, and quality assurance. You will conduct risk assessments, monitor governance metrics, and review and update policies and procedures to ensure alignment with organizational and regulatory standards.

Key Responsibilities:

  • Conduct and review supply chain risk assessments to identify vulnerabilities and develop mitigation strategies.
  • Maintain and update a risk register, ensuring all identified risks are appropriately logged and managed.
  • Monitor governance breaches, escalate high-risk incidents, and recommend corrective measures.
  • Implement measures to detect and prevent fraud, including risk assessments, anti-fraud procedures, and awareness campaigns.
  • Support the identification of risks throughout the Procurement, Contracts & Warehousing processes and put in place mitigation plans to control/eliminate such risks.

Policy and Procedure Review:

  • Review and update procurement, contracts, and warehousing policies and procedures.
  • Support the development and maintenance of procurement, contracts, and warehousing processes in compliance with company policies and governance frameworks.
  • Act as a Subject Matter Expert for procurement processes and initiatives, supporting policy reviews and business partner training.

Governance and Control:

  • Develop and implement governance performance metrics and KPIs dashboards to monitor the process controls efficiency.
  • Monitor adherence to safety and governance principles, including ESG integration into procurement strategies and supply chains.
  • Analyze process gaps within Procurement, Contract and Warehousing workflows to identify inefficiencies and recommend improvements.
  • Ensure adherence to ISO standards through regular audits and lead coordination with internal and external stakeholders.
  • Oversee business continuity planning and coordination within PCW functions.
  • Assist in designing and implementing processes to ensure contractors/suppliers align with project requirements.
  • Promote safety through participation in safety meetings and adherence to key safety principles such as OSOOL, Bapco's 4 Keys to Safety, and Stop Work Authority.

Awareness and Training:

  • Conduct awareness sessions to educate employees and stakeholders about governance principles, risk management, Fraud and ESG considerations.
  • Lead training and communication initiatives to ensure alignment with updated policies, procedures, and governance standards.

Innovation and Collaboration:

  • Drive innovation to improve the agility of procurement operations while ensuring calculated risk-taking and compliance with governance frameworks.
  • Collaborate with cross-functional teams to streamline workflows, optimize processes, and align procurement strategies with organizational goals.

Qualifications:

We require a Bachelor's Degree in Risk Management, Engineering or Supply Chain related disciplines, and CIPS Level 4. Professional certifications such as Six Sigma (Green Belt or Black Belt), Risk Management (e.g., CRMP, RIMS-CRMP), or Governance and Control (e.g., CGRC, or similar certifications) are an asset. A minimum of five years in procurement or control functions such as Risk Management, Internal Control or Quality Assurance experience, including the use of procurement technology platforms and enterprise resource platforms (ERP), such as Oracle/SAP or JDE is preferred.

Familiarity and experience in the full suite of procurement business processes: selecting suppliers, managing suppliers, preparing category plans, contracting, ordering goods and services, and processing invoices are necessary. Good level of knowledge procurement/contracting procedures and policies are required. Experience in drafting policies and procedures, and training on governance-related topics is essential.

Benefits:

We offer a competitive compensation package and opportunities for professional growth and development.

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