
Senior Manager - Project Risk (CDU3)
- Riyadh
- Permanent
- Full-time
- Develop and Implement Project Risk Management Plans. Establish and maintain risk management strategies tailored to each project phase and transport mode.
- Lead Risk Identification and Assessment Activities. Facilitate workshops and interviews to identify potential risks across engineering, construction, and operations.
- Maintain and Update Risk Registers in ARM. Ensure project risk registers are current, detailed, and aligned with corporate risk frameworks.
- Conduct Quantitative and Qualitative Risk Analysis. Use Monte Carlo simulations (SAFRAN) to assess cost and schedule impacts and support contingency planning.
- Monitor and Report on Risk Exposure. Provide regular updates to project leadership on risk trends, emerging threats, and mitigation effectiveness.
- Coordinate Risk Mitigation Strategies. Work with project teams to develop, implement, and track mitigation and response plans.
- Interface Risk Management. Identify and manage risks arising from project interfaces, coordinating with the Senior Manager for Portfolio Risk.
- Promote Risk Awareness and Training. Deliver training sessions and promote a risk-aware culture across project teams and departments.
- Prepare and deliver regular, structured risk reports and dashboards to project leadership. Ensure reports highlight key risk trends, top exposures, mitigation progress, and risk-adjusted forecasts.
- Consolidate and analyses risk data across multiple workstreams or sub-projects to identify systemic risks, interdependencies, and cumulative impacts. Support the Portfolio Risk Manager with insights for strategic decision-making.
- Collaborate with Project Managers to distinguish between risks and active issues, ensuring timely escalation, resolution planning, and integration of lessons learned into the risk register. Facilitate alignment between risk and issue logs.
- Organize and lead structured monthly risk review meetings with the full project team, including engineering, construction, commercial, and operations leads. Ensure active participation, review of top risks, updates on mitigation actions, and alignment on emerging threats and opportunities. Document outcomes and integrate updates into the project risk register and reporting cycle.
- Required: PMI-RMP (Risk Management Professional), IRM (Institute of Risk Management) qualifications, ISO 31000 Risk Management certification
- Additional beneficial certifications: PMP (Project Management Professional), PRINCE2 Practitioner
- 8+ years of experience in risk management, with at least 3-5 years in infrastructure or transport projects.
- Proven experience in: Managing project risks in large-scale, multi-disciplinary environments, Working with international contractors and consultants.
- Experience in using ARM and other risk tools (e.g., Primavera Risk Analysis, SAFRAN, @Risk, RiskHive).