Hiring Organization / Company: Shell
Basic Salary: To Be Discussed
Employement Type: Full-Time
This is a new role in the Operational Risk Framework team (second line of defence) which will be responsible for designing, implementing and maintaining a Risk and Control Assessment (RCA) framework across the global T&S business as part of the new overall T&S Integrated Risk Management Framework (IRMF).
Where you fit in
The size and complexity of Shell Trading & Supply (T&S) has increased substantially over the past few years and the expectations around risk management from a regulatory perspective have also shifted for Energy trading. We are therefore strengthening the risk management capabilities of the organisation from a people, process, data and systems perspective in both the first and second lines of defence.
The Integrated Risk Management Framework (IRMF) is currently being developed under the Risk Management Approach (RMA) Programme under the T&S Risk Task Force. The RMA Programme is defining and integrating how all Operational and Compliance Risks will be managed, embedding the concept of “Three Lines of Defence” across the organisation and developing the various components of the IRMF. An integrated and consistent RCA framework is a key foundational component of the Integrated Risk Management Framework (IRMF).
The role will report to the new Head of Operational Risk Framework. It is anticipated that the role will be part of the RMA Programme under the T&S Risk Task Force until transition to BAU. The role is based in London. The majority of the Operational Risk Framework team is expected to be based in London providing expertise and support to T&S globally.
What’s the role
The role will interface with multiple stakeholders across T&S, including business teams, Governance & Assurance teams across RDS and Risk SME’s who act as Risk Type Advisers (RTA) for specific risk types in Risk, Compliance and RDS group functions. This role relates to the global T&S business with stakeholders primarily located in T&S hubs in London, Houston, Rotterdam, Dubai and Singapore. The role is expected to work closely together with peers in the T&S Operational Risk Coverage and Compliance teams.
It is expected that this individual will not have direct reports and will be required to indirectly deliver through others. The role will be supported and work in conjunction with the Specialist Risk and Control Assessment in the team. It is also anticipated that this role will manage and/or work closely together with temporary project resources supporting the design and development of the IRMF as part of the RMA.
More specific responsibilities include:
- Provide guidance and expertise to the T&S organisation on RCA framework topics
- Act as key SME for T&S on RCA best practice and RCA Methodology (incl. approach, process, tools, and contextual and reference data)
- Design and maintain an integrated and consistent RCA process for use across T&S and roll this out across businesses, legal entities and geographies, starting with the RMA RCA pilot across a small sub-set of trading desks in T&S
- Establish governance around RCA in T&S
- Establish version control of contextual and reference data
- Support the development, refinement and roll-out of the relevant modules of MetricStream as RCA SME
- Support the RCA reporting requirements as required by the Operational Risk Coverage team and commercial business teams
- Support the execution and completion of a comprehensive and holistic RCA as RCA methodology SME, starting with the RMA RCA pilot. This includes supporting the provision of contextual and reference Operational Risk Framework data
- Work with Risk Transformation team/RMA Change & Engage team to provide key insights into change and education materials and communications as required
- Promote a positive risk culture which supports a “Learner Mindset” around operational risk issues and encourages learnings from incidents
- Ensure outcomes are delivered cost effectively, with AI, automation and digitalisation where appropriate, such that they deliver true value to T&S
- Partner with the other team members in the Operational Risk Framework/RMA team to ensure alignment and drive collective change and to facilitate integration of controls methodology requirements into the overall RCA methodology
- Partner with the T&S Operational Risk Coverage team as key RCA methodology SME
- Partner with T&S Compliance to ensure ongoing cohesion of approaches, tools and templates
- Partner with controls SMEs in the business, functions and RTA teams
What we need from you
We’re keen to speak from individuals with experience of having implemented and embedded, or made changes to, a non-financial risk and control assessment framework at a peer institution (Investment Bank, Oil & Gas Major, Independent Commodity Trader). A qualified candidate must be a senior RCA SME. You’ll also bring in your knowledge of the global energy markets (Gas, Power, Carbon and Oil) and/or regulated trading business.
We also hope your CV will show as many of the following as possible:
- Technical knowledge of non-financial risk management
- Technical knowledge of the different components of an RCA generally employed as part of the non-financial risk framework within a complex trading organisation and ability to articulate “what does good look like?” to the rest of T&S.
- Clear understanding of the “3 Lines of Defence” model and segregation of duties for each LOD.
Proven ability to work in partnership with the 1st and 2nd line of defence to deliver pragmatic risk management solutions which are cost effective and relevant for the business.
You must be credible and persuasive in ensuring the needs of the business are fully understood. You’ll show your ability to interact with a wide range of stakeholders, resolve conflict and deliver tough messages and be able to navigate complex and dynamic environments.
Shell started operations in the United Kingdom more than 110 years ago. Since then we have grown into a leading innovative oil and gas company that rewards its employees by investing heavily in their careers and learning. Our people are our greatest asset, and our commitment to your career will see you thrive in a work environment that offers an industry-leading development programme. When your ideas travel, Shell will benefit and innovation will thrive. Shell has a key role to play in helping meet the UK’s growing energy demand, whilst using innovative technologies to develop cleaner energy. We are the largest FTSE 100 company in the UK by market capitalisation, and make a significant contribution to the UK economy. As well as processing 35% of the gas coming into the UK, we serve more than four million customers at our filling stations each week. Shell employs some 6,400 skilled staff as well as many contractors.
An innovative place to work
There’s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.
Join us and you’ll add your talent and imagination to a business with the power to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.
An inclusive place to work
To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential.
- We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and we’ll take it from there.
- We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
- We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
- We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.
A rewarding place to work
Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice.
We’re huge advocates for career development. We’ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.
Job Location Information:
Date Posted: 2021-07-21
Share this job on:
Top 10 Tips When Finding a Job
If that you are not kidding approximately searching for Jobs, you will agree that it is without doubt one of the hardest jobs this present day. Most often, you are going to don’t have any clue where or what to look for in the job market. The great factor is that you are not alone. There are several people out there who are jobless such as you. Finding a job even in a business center will also be easy if you realize where to begin. Before you begin your job looking procedure, listed below are guidelines that can assist you find your dream job.
1. Job Facilities
Job firms are an unbelievable and repeatedly overlooked hots pot for locating Jobs. Job firms usually provide crucial coaching, property, and techniques for process seekers. These firms can also be in particular helpful for younger job seekers or the ones with little running enjoy. A easy Web test for job firms in your areaought to discover the place and the way to get to them.
2. Temporal agencies
Many firms make a selection to have their positions dispatched by means of temporal agencies. The tip goal for that may be to save cash on consultant advantages like healthcare. Temporally businesses likewise give companies the way of screening candidates. Employment services can recurrently be a quicker and no more daunting job than finding direct employment. An employment company might likewise change into into an enduring process for the individuals who carry out smartly during their running.
3. Free job look services
This is a waste of money whilst money is now tight within the first place. After all, the money you pay for job searching websites is imposed deductible in case you are on a job. It is smarter to make use of the money to pay for expenses.
4. Look at the nearby school
When finding a job, never forget your school. Some schools additionally have coordinate contract positions, so check with them can be useful in finding a new career. If you talk with your teachers, they will be on the lookout for positions that match your training and experience. Some schools may need you to go to their offices for an informal interview. Here you can step through an examination on their PC. You’ll talk with a recruiter to examine exactly what you want.
Newspapers are often an overlooked apparatus for finding Jobs. Smaller businesses still use newspapers as their method when looking for Job applicants. Most newspapers will have their job listings online too. Some may ask the companies to have the listings online. There could be listings in the paper that don’t appear online.
6. Foot hunts
If that you are tired by ineffective attempts at finding a job using one of the above methods, getting out and looking for employers will yield better results. Showing up in person often demonstrates determination and initiative that most employers will find alluring in a potential representative.
7. Online Forums
Joining online forums is another good way of finding your new job. Here you will get companies that are ready to hire you and work with you. Make sure that you join as many online job finding as possible. Ensure that you describe your profile well so that your employers can know who you are.
8. Look at corporate websites
Most corporate websites are good places that can give a job. Look for websites and companies which you would love work with. On the careers page find out if there an open vacancy which matches your expertise. You can also send an email to the HR and ask for consideration.
9. Ask friends
Friends are the best at finding jobs. Before you go out, call all your friends and ask if they have any job connections that match your skills. In most cases, the job search connection will be wide and at last, you will land on one vacancy.
10. Make application regularly
Never be tired of applying. Make sure that you keep on applying for the new jobs that are posted every day. Avoid mentioning that you have done ten applications so far.
When finding a Job, don’t waste time on applications that are complicated for a job you don’t know if you want. Don’t open positions that are not exactly what you want. Tap on them thinking that it may be an approach to get your foot in the entryway.