Strategic Risk Governance Specialist

11 hours ago


Manama, Manama, Bahrain Bapco Refining Full time
Job Summary

We are seeking a highly skilled Strategic Risk Governance Specialist to join our team at Bapco Refining.

Responsibilities
  • Risk Management & Control:
    • 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.


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