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OQ- Expert, Enterprise Risk Management

Job in Muscat, Oman
Listing for: OQ
Full Time position
Listed on 2026-09-13
Job specializations:
  • Business
    Risk Manager/Analyst, Regulatory Compliance Specialist
  • Management
    Risk Manager/Analyst, Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 18000 - 30000 OMR Yearly OMR 18000.00 30000.00 YEAR
Job Description & How to Apply Below
Position: OQ8 - Expert, Enterprise Risk Management

Job title
Company

OQ8

Function

Finance

Department

Corporate Planning

Section

Business Transformation & Performance Analysis

Location

Oman – Muscat

Budget control

* OPEX and/or CAPEX and/or Revenue amount as relevant*

Reporting to

Head Business Transformation & Performance Analysis

Direct reports

-

Job purpose

Protect Organizational Value:Safeguarding the company's assets, earnings capacity, and overall business objectives from potential threats and vulnerabilities.
Support Strategic Goals:Aligning risk management activities with the organization's mission and strategic plans, helping leaders make informed decisions that balance risk and reward.
Ensure Compliance:Ensuring the organization adheres to relevant laws, regulations, industry standards, and internal policies to avoid penalties, legal sanctions, and reputational damage.
Improve Operational Efficiency:Developing and implementing robust risk controls and processes to minimize disruptions, improve business continuity, and enhance overall operational effectiveness

Main tasks and responsibilities:
  • Support leadership in operationalizing company’s risk appetite and tolerance, embedding ERM into strategy-setting, business planning, and decision-making.
  • Define consistent risk criteria (likelihood, impact, velocity, resilience) and maintain dynamic risk profiles and a portfolio view that adapts to business changes, digital innovations, and regulatory shifts (ISO & COSO).
  • Leading or supporting regular risk assessments to identify potential risks (strategic, financial, operational, compliance, etc.) and evaluating their potential impact and likelihood of occurrence.
  • Facilitate the identification of potential risks across the organization and conduct detailed risk assessments
Risk Mitigation and Control
  • Guide business areas in designing and executing mitigation and business continuity plans, and validate corrective actions through closure for effectiveness and sustainability
  • Collaborating with department heads to develop and implement risk response strategies (avoidance, reduction, sharing, or acceptance) and establish internal controls to manage identified risks effectively.
  • Assist in developing and monitoring mitigation strategies and action plans to address identified risks.
Monitoring and Reporting
  • Continuously monitoring key risk indicators (KRIs) and the overall risk environment, preparing comprehensive risk reports and presentations for senior management and the board of directors.
  • Monitor internal and external risk indicators, including those specific to behavioral and operational risks.
  • Prepare clear, decision-oriented reporting for the ERM Committee, senior leadership, and other stakeholders, leveraging risk registers, analytics, and technology platforms.
Policy and Framework Management
  • Ensuring that risk management policies, procedures, and frameworks (such as COSO or ISO 31000) are up to date, communicated to stakeholders, and followed consistently across the organization.
  • Help establish and maintain an ERM framework, including policies, metrics, and reporting.
Business Continuity Planning
  • Supporting the development and testing of business continuity and crisis management plans to ensure the organization can respond effectively to major disruptions
Data Analysis
  • Use quantitative methods to analyze risk data and support decision-making.
Stakeholder collaboration
  • Work with various departments, management, and other assurance providers to coordinate risk management efforts and provide guidance.
  • Collaborate across Corporate Compliance, Information Security, Quality, and Legal to align ERM with compliance, continuity, and resilience frameworks, and provide a portfolio-level risk view to support governance and oversight.
Compliance and best practices
  • Help ensure compliance with regulatory requirements and implement industry best practices in risk management.
Education requirements
  • Bachelor's degree in business administration, risk management, or a related field.
  • A master's degree and relevant certifications (e.g., COSO ERM, CRM, PMI-RMP) is preferred.
Background and experience
Competencies and skills
  • 10 years of relevant experience in oil and gas industry, progressive experience in risk management.
  • Proven success in embedding risk management frameworks into business practices, not just developing them.
  • Ability to translate complex risk concepts into actionable strategies that support organizational objectives.
  • Familiarity with relevant laws, regulations, and industry standards in risk management, compliance,…
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