Job Purpose
Lead, review, highlight, monitor
and advise the implementation of MRCSBs Risk Management Framework with insight
of the company’s risk exposure and necessary intervention/mitigation plan and
the implementation of Risk Management capability and knowledge management
initiatives for MRCSB.
Job Accountabilities
MRCSB Corporate Risk Profiles (CRP) & Operational Risk
-
Establish, review and update MRCSB’s risk profile
through consolidation and review various sources of information with an awareness of emerging trends and risk events in order to identify principal
risk exposures arising from the uncertainties which require close monitoring
and oversight to ensure the success of MRCSB’s business.
- Conduct risk analysis and provide linkages
and its compounding effects across MRCSB business value chain that may impact strategic
objectives.
- Streamline and facilitate
MRCSB Risk Profiling exercise for businesses to develop MRCSB CRP and operational
risk register.
Business Continuity & Crisis Management
Business Continuity
- Formulate the development and implementation of BCM master plan and
roadmap for PDB through understanding the business and operational needs of
various businesses and enablers at different locations within the organization
and in compliance to PDB/PETRONAS BCM framework while setting suitable
short-term, medium-term and long-term targets which would steady PDB towards
achieving maturity and excellence in the field of BCM in a structured manner as
well as perform secretariat role upon activation of Business Continuity Team.
Crisis Management
- Plan and lead the review of MRCSB critical crisis scenarios for non-HSE
risk areas through conducting crisis assessment with understanding of MRCSB
business value chain and develop/maintain crisis management plan that
incorporates appropriate response strategies, which includes crisis assessment,
develop and maintain Crisis Management Plan (CMP), perform secretariat role for
activation of Crisis Management Team as well as implement the CMP readiness
activities to ensure resilience and ability to respond to immediate risk events
Risk Assessment in Decision Making (RADM)
- Advise and
review the RADM in every material business proposal submitted by requestor
prior approval in accordance with the LOA.
- Conduct and implement the capability
development by sharing of experience, knowledge, lessons learnt and best
practices in Risk Assessment in Decision Making during formal and informal
engagement / training / round-table / seminars / discussion sessions,
leveraging on internal communication channels and knowledge management system,
networking and collaboration with risk resources throughout PDB and/or PETRONAS
in order to institutionalize Risk Assessment in Decision Making culture within
the company.
Risk Capability Development & Knowledge Sharing
- Drive, plan and support the
implementation of Risk Capability Development initiatives for MRCSB through
collaboration and cross business activities with PDB and/or PETRONAS Group
Risk/Downstream Risk/external parties in the design and conduct benchmarking
exercise, sharing of experience, knowledge, lessons learnt and best practices
in risk management during formal and informal engagement / trainings /
round-table / seminars / discussion sessions, leveraging on internal
communication channels and knowledge management system in order to increase
risk awareness as well as develop & maintain a competent pool of risk
practitioner within MRCSB.
Advisory Services
- Advice and guide business on
governance matters through continuous improvement and align with the company’s
business strategy and growth to contribute to the overall profitability of the
company and maximize value creation and act as expert adviser to the business,
maintaining up to date knowledge of developments and best practice and
proactively explore options to deliver productivity and value gains for MRCSB.
Limits Of
Authority
- Plan,
manage and coordinate the development and review of the Limits of Authority
(LOA) manual across MRCSB to institute a balance in the operational efficiency
and management control and decision making through consolidation, comprehensive
documentation, analysis, validation of inputs, assessment of LOA gaps and
identification of enhancements to ensure the LOA is up to date, streamlined and
standardized, and in line with dynamic changes in business, responsibilities
and structure.
Know Your
Counterparties (KYC) Fit for Purpose
- Strategize
and drive the development and sustainability of MRCSB’s KYC including
counterparties financial assessment and assurance operation by ensuring
alignment to MRSCB Guidelines through application of counterparties financial
assessment & methodologies, system & tools, provision of advice and
recommendation on appropriate credit terms & financial terms in order to
ensure a balanced counterparties credit portfolio and credit exposure for PDB
business in line with company counterparties risk appetite.
Secretariat for MRCSB Credit Control Committee (CCCs)
- Develop the MRCSB CCCs Term of Reference, organize CCCs meeting on a
monthly basis and act as the Secretariat of MRCSB CCCs. Monitor outstanding
matters and their action plan by respective department in relation to the CCC.
Document Control
- Manage the systematic control of both physical and digital records,
ensuring proper classification, indexing, version control, and secure archival
in line with MESRA’s and regulatory requirements.
- Oversee document retention
schedules and disposal processes to comply with legal standards such as the
Companies Act 2016 and MACC Act 2009.
- Implement strict access controls to
protect sensitive information and ensure adherence to MESRA’s data security
policies.
- Continuously review and improve document management processes to
enhance efficiency, traceability, and audit readiness.
Other Duties & Responsibilities