About the Role
The role involves comprehensive risk management duties integral to project success. You will be responsible for developing and implementing risk management standards, policies, and procedures. This position requires an individual who can proactively identify, assess, monitor, and report risks throughout the project lifecycle, ensuring that all stakeholders are informed and that risk mitigation strategies are effectively employed.
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Responsibilities
- Develop risk management standards, policies, and procedures.
- Establish and manage the program risk management plan.
- Identify, assess, monitor, and report project risks.
- Conduct risk workshops and risk assessments during the execution phase.
- Engage with clients, consultants, and contractors to identify, assess, and evaluate project risk issues.
- Create risk reports for Project Managers.
- Review the accuracy of risk scoring and the adequacy of risk mitigation plans.
- Facilitate the completion and updating of the Project Risk Register.
- Analyze and monitor the progress of management actions by each risk owner.
- Train and educate project staff to promote continuous awareness of risk management.
- Take ownership of the Risk Database.
- Generate monthly reports for risk meetings with client representatives.
- Prepare ad-hoc risk management reports as needed.
- Prepare and implement a risk management plan for construction projects, including risk identification, evaluation, and mitigation procedures.
- Ensure compliance with relevant Quality, Environmental, Safety, and Occupational Health Policies, Manuals, and Procedures.
- Perform other duties as assigned by the line manager/supervisor.
Qualifications
- Bachelor’s degree in engineering/management from an accredited university.
- Minimum 20 years’ experience in engineering and/or project management, with experience as a risk manager on large-scale projects.
- Demonstrated skills in identifying problems, assessing alternatives, and determining solutions.
- Reliable and able to deliver success without immediate supervision.
- Proven understanding of commercial risk management practices and procedures, preferably in a relevant cluster context.
- Experience in risk quantification (cost/schedule/quality/safety).
- Experience maintaining risk management databases (e.g., ARM).
- Familiarity with corporate risk management procedures.
- International experience preferred, with a preference for KSA experience.
