JOB PURPOSE
- Support the project risk assessments to proactively identify and mitigate risks and ensure project is commercially viable.
- Conduct preliminary legal and commercial due diligence, analyze agreements, gather data and assist in financial analysis and risk assessment to support informed decision making.
Project Risk Assessment
- Gather and compile information, including legal documents, regulatory requirements, and commercial terms to support comprehensive project risk assessments.
- Analyze identified risks ensuring accuracy and meaningful risk assessment reports.
- Prepare well-organized documentation and materials for effective risk management reviews ensuring timely availability of key information for informed decision making.
Commercial Management
- Support pre-management documentation for new project agreements, MOU. LOI, Framework Agreement, Sale and Purchase Agreement (SPA), Shipbuilding Contract (SBC), etc.) by providing input on key operational, commercial, and financial key risks and concern areas including gathering relevant information, preparing drafts, and documenting negotiation points.
- Develop lists of clarifications and qualifications for new project agreements, MOU, LOI, Framework Agreement, Sale and Purchase Agreement (SPA), Shipbuilding Contract (SBC), etc.).
- Support in developing baselines, standard term sheets, and lessons learnt. Periodically facilitate the development of contract issue understanding through sharing sessions etc.
Commercial Due Diligence and Valuation
- Support the performance of legal and commercial due diligence on potential partners, acquisitions, and projects to assess risks and ensure compliance with legal and regulatory requirements.
- Review legal and commercial documentation for transactions, ensuring accuracy, completeness, and compliance.
Risk Management
- Support risk management programs (e.g., Enterprise Risk Management (ERM), Risk Assessment Management Decision (RADM)) and activities to ensure effectiveness and identify opportunities for improvement.
- Support risk assessments, including analysis of data and documentation, to identify potential vulnerabilities and recommend appropriate risk management actions.
- Support regular risk monitoring (e.g., Risk Scorecard, Project Status Report) to ensure mitigation actions are completed timely.
- Support risk reporting and communication strategies to keep senior leadership and other stakeholders informed of potential risks and risk management activities.
- Support financial risk assessment on existing stakeholders (i.e., charterers, partners) on periodic basis to ensure financial risks are managed accordingly.
Compliance Implementation & Monitoring
- Support activities in embedding compliance related requirements in day-to-day operations e.g., Due Diligence Risk Assessment (DDRA) & Know Your Customer (KYC).
- Monitor compliance activities for NED by assisting in the proactive assessment of compliance risks in relevant legal areas.
- Monitor and track the implementation of compliance programs and initiatives, such as ISO audits and regulatory updates.
- Monitor and facilitate the participation of NED staff in relevant compliance training and awareness sessions, and support reporting and communication on compliance status to the team.
JOB REQUIREMENTS
- Minimum 6 years of relevant working experience in contract management, shipping operations or other relevant functions.
- Minimum a bachelor’s degree in Law/ Business Admin/ Finance or any relevant specialization.