OFS Malaysia is a subsidiary of Offshore Frontier Solutions Pte. Ltd. (OFS), a MODEC Group company in Malaysia. Being part of Modec means being the protagonist of a challenging career and being in touch with the latest deep-water production systems, knowing that your career begins in Malaysia, but your talent can take you anywhere in the world.
If you want to be one of the greatest in the market, this is your opportunity!
We are currently looking for talented individuals to join us for below role
Risk Analyst, Risk Management (Project Portfolio)We are currently based at KL Eco City, Malaysia.
Role Purpose
The Risk Analyst runs the data and analytics of the project portfolio, from intake and consolidation to dashboards and report issuance, and assists in implementing and maintaining the organization's risk management framework at project and portfolio levels. The role leverages data analytics to enhance risk evaluation and decision-making. While assisting in various risk management activities, the Risk Analyst is expected to take ownership of tasks, ensure accountability, and contribute to organizational objectives.
Key Accountabilities
Portfolio Risk Management
Run the intake, consolidation and analytics of the project portfolio: collect and validate project submissions, manage reminders, and issue the portfolio report. Consolidate, analyze and evaluate risks, register and EMV data across projects to ensure alignment with organizational objectives. Collaborate with project control teams and relevant stakeholders to maintain consistency in risk management practices.
Quantitative Assessment and Data Analytics
Support quantitative assessment, modelling and analysis of results, including SRA and risk modelling for exposures, at project, portfolio or BU level. Give analytics feedback on the QRA tool.
Dashboards, Templates and Data Models
Build and maintain the portfolio dashboards, templates and data models. Enhance and evolve the portfolio template.
Risk Library
Maintain the Risk Library data.
Reporting: Quarterly and Ad-hoc
Prepare regular and ad-hoc risk reports, summaries, and presentations, including portfolio analytics and exposure inputs, to communicate risk data and findings effectively. Ensure clarity, accuracy, and relevance in reporting to support decision-making at all levels.
Frameworks and Tools Feedback
Co-originate the Project Portfolio Management Execution framework. Report data issues and usage trends on the register and EMV tools.
Opportunities and Lessons Learned
Provide benefit tracking data for opportunities and analyze lessons learned data.
Audits
Prepares project audit records and supports audit planning, including liaison with internal and external auditors (where applicable).
Training
Prepares training materials designed to improve Risk Culture, Risk awareness and Risk competency within the organization.
BU and Corporate Risk Support
Cover the Risk Analyst (Corporate) for a defined list of recurring tasks, including bid-phase preliminary work, preliminary BU and corporate risk assessment, and horizon scanning of industry, sector and geography risk data.
HSSEQ Requirements and Code of Conduct
HSSEQ: Complies with the MODEC HSSEQ Code of Conduct as described in the HSSEQ Policies, the 14 HSEQ Standards, and the HSEQ Procedures to protect people and the environment at all times. Has a duty of care to ensure that all personnel work in a manner that is not harmful to their own health and safety and the health and safety of others.
HSSEQ Requirements and Code of Conduct
Compliance: Complies with MODEC Group’s Code of Business Conduct & Ethics and Policies to ensure business activities and decisions conform to the laws and regulations and demonstrates high standard of ethical behavior.
Qualifications
Educational Qualification
Bachelor’s degree in Engineering, Business, Risk Management, Data Analytics, Statistics, and/or any other relevant field of studies.
Relevant Experience:
Competencies
Certification:
Software:
Job details are sourced from the employer's original posting.
Open job postingAbout the company
Provides offshore engineering, project management, and technical solutions for the oil and gas and marine industries.