Risk Manager

Risk Manager Seeking a talented and experienced Lead Specialist - Projects Risk Management/Risk Manager that will play a crucial role in identifying, assessing, and managing project risks throughout the project lifecycle to minimize potential impacts on project objectives and outcomes. He/She will be responsible for the overall project risk management function, providing leadership, integration and management of risk management processes to improve the consistency and efficiency of the Program/project’s delivery. Key Responsibilities - Conduct comprehensive risk assessments across projects, identifying potential risks and their implications and assessing the project, s risks and opportunities, developing cost effective mitigation strategies and contingency plans. - Develop Detailed Risk Management Plan, risk register, project Risk reports, dashboards, and executive updates for senior management and all stakeholders. - Develop risk mitigation strategies and action plans to address identified risks, working closely with project teams to implement and monitor risk mitigation measures. - Provide risk management guidance and support to project Directors, Senior managers, and other stakeholders, including training, coaching, and facilitation of risk workshops and Risk review meetings. - Facilitate risk workshops to identify emerging risks, evaluate risk controls, and develop contingency plans as needed. - Monitor and review project risks regularly, updating risk registers, tracking risk treatment actions, and communicating risk status and trends to senior management and stakeholders. - To promote a risk-aware culture Provide training, coaching and mentorship and contributes to the continuous improvement of risk management processes, tools, and systems, collaborating with internal teams to enhance risk awareness and effectiveness. - Liaise with Government agencies and regulatory authorities and project stakeholders to ensure alignment of risk management practices and requirements with project objectives and contractual obligations. - Provides outreach oversight to the risk management program/Projects activities concerning day to day performance of the work scope. - Evaluate and quantify risks using quantitative techniques (e.g., Monte Carlo simulations) and give recommendations and monitor risk mitigation and contingency strategies to reduce impact on project cost, time, and quality. - Ensure that risk management practices comply with relevant industry standards and regulations and compliance with international risk management standards (e.g., ISO 31000) - Calculate Risk allowances and Contingency through Quantitative Schedule and cost Risk Analysis and coordinate with Planning, Project control and cost department for their allocation and management within baselines. - Ensure schedule adherence and cost efficiency across all project phases and Support decision-making on technical, financial, and operational risks. - Perform other duties as requested by Senior Risk Manager and Management. Qualifications & Requirements - Minimum 15 years of experience in risk management within relevant project scopes (construction, infrastructure, or mega projects). - Bachelor’s degree in civil engineering, Construction Management, Risk Management or related field - Strong understanding of risk management methodologies, tools, and international standards. - Proven experience working on large-scale or complex developments. - Excellent analytical, communication, and stakeholder management skills. - Professional certifications (e.g., PMP-RMP, ISO 31000). - Saudi nationals are preferred.