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AboitizPower - OIL Business Unit

Risk Sr. Specialist

AboitizPower - OIL Business Unit

With business certificates
| 201-500 employees
123 Governor Pascual Ave. Acacia, Malabon, Metro Manila
Posted on : February 07, 2020
Job ID : 354668

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Is currently looking for:
Mission of Position
This position is responsible for identifying and proposing solutions for any risks that may result in property loss, injury, or legal liability. He coordinates with the Risk Officer and/or Risk Manager in designing and implementing a risk management process for the task assignment given. (Risk Finance/Engineering, ISMS, Risk Standards, Projects, etc)
Contact (internal/external)
  • Internal
    • AEV Risk Management Team
    • AP Gen Risk Management Team
    • Oil BU All Departments
  • Reporting Relationships
    • Enterprise Risk Manager
    • Risk Specialist
  • External
    • Insurance Companies
    • Market and System
    • Operators
    • External Auditors
    • DOE
    • ERC
    • GMC
Responsibilities (What-How-Why)
  • Risk Management Policies and Guidelines
    • Adopt Group Risk Management Policies and Guidelines to BU.
    • Conduct audits of Risk Management policy and compliance to standards.
    • Ensure review is done regularly and policies and procedures are updated as necessary.
  • Risk Assessment
    • Facilitate risk identification, analysis, and evaluation at BU level.
  • Risk Treatment
    • Assist and provide guidance to BU on appropriate and available risk treatment options.
    • Managing insurance procurement and third-party property loss inspections.
    • Monitor implementation of risk treatment actions.
  • Business Continuity
    • Develop plans for disaster preparedness and business continuity.
    • Develop testing plan for BU Business Continuity.
    • Lead testing and implementation of BU BCPs.
    • Coordinate testing of BCPs with BU Dependency.
    • Lead maintenance, review and update of BU BCPs.
    • Coordinate maintenance and updating of BCPs with AEV Dependency.
  • Compliance Reporting Transactions
    • Reviews transactions made by Planning and Operations Department that involves the Market and System Operators, DOE, ERC, GMC and related compliances.
    • Review transactions related to insurance and see to it that they are correct and according to contract.
  • Strategy and Process
    • Assists to optimize the identified process in all departments.
    • Assists to review and identify risks in major commercial transactions that possibly hit our income.
    • Assists to review strategic business plan risks that may hit our future business and recommend solutions to mitigate future risks as possible.
  • Communication
    • Provides support, education and training to staff to build risk awareness within Oil BU.
  • Reporting
    • Reports to management what risk issues are present and provides them with a plan to minimize risk.
    • Where possible, identification of emerging risks and potential indicators of emerging risks.
    • Liaise with internal and external auditors.
    • Consolidate risks at BU level and prepare BU Risk Management Plan and Risk Map.
    • Performs other related duties and responsibilities that may be assigned by his/her immediate superior.
Minimum Requirements
  • Competencies (knowledge-Experience-Capabilities)
    • Risk identification, assessment and management Skills
    • Competent and effective in negotiating for insurance services
    • Leadership / Managerial Skills
    • Networking and influencing skills
    • Written and verbal communication Skills
    • Demonstrate competence in the fundamental legal concepts of ''limited disclosure, chain of
      custody and evidence'' in order to effectively manage exposure to the business
    • Computer Skills and Proficient in MS Office
  • Experience (No. of Years)
    • Professional: At least 1 year related experience
    • Leadership Experience: None
    • Project Experience: At least one year experience in the same or similar industry is preferred
  • Education: Any 5-year Engineering or 4-year business related course
  • License Required: No license required

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