Risk Lead

About the Role

Bechtel Corporation is seeking a Risk Lead to join their team in Riyadh, Saudi Arabia. This full-time role involves leading the project-level risk and issue management cycle and supporting the Risk Manager in maintaining an integrated, decision-focused risk management framework. The position requires 5-10 years of relevant experience.

Project Context: Expo 2030 Riyadh

The Expo 2030 Riyadh project is a global platform focused on sustainable development, innovation, and transformative thinking, scheduled from October 2030 to March 2031, expecting over 40 million visits. Bechtel will manage the infrastructure program for the six-square-kilometer Masterplan, which includes early works, utilities, and publicly accessible spaces. This scope will transition into a mixed-use legacy development post-event, leveraging international sustainability standards.

Key Responsibilities

• Lead and facilitate project risk and opportunity reviews and issue review sessions with various stakeholders including PMC, ERC, Project Controls, Planning, Commercial, Engineering, Procurement, and Construction teams.
• Maintain the completeness and quality of project risk and issue registers in Active Risk Manager (ARM), ensuring clear cause-event-effect statements, ownership, scoring, response strategies, due dates, escalation status, and supporting evidence.
• Challenge risk owners and action owners on the adequacy, practicality, and expected effectiveness of mitigation and recovery actions.
• Monitor overdue and ageing actions, follow up with accountable owners, identify barriers to completion, and escalate material delays or ineffective responses to the Risk Manager.
• Confirm that proposed action closures are supported by evidence and that residual exposure has been reassessed before recommending closure.
• Identify cross-project and programme-level risks and support their consolidation, escalation, and de-escalation.
• Develop, validate, run, and maintain Quantitative Schedule Risk Analysis (QSRA) models in Safran Risk for individual projects and consolidated programme analysis.
• Work with Planning and Project Controls teams to confirm that schedules used for QSRA are logically sound, appropriately status, and suitable for probabilistic analysis.
• Interpret QSRA outputs, including key drivers, criticality, probability distributions, and confidence dates, and prepare clear management-level conclusions and recommendations.
• Support the Risk Manager in implementing the risk management plan, governance, escalation criteria, assurance checks, workshops, and continuous improvement activities.
• Provide timely, quality-assured risk, issue, action, escalation, and QSRA inputs to the Risk Analyst for recurring and ad hoc client reporting.
• Coach the Risk Analyst and project stakeholders on risk data quality, reporting requirements, ARM usage, and consistent application of the approved risk process.

Key Deliverables

• Updated project risk, opportunity, issue, and action records following each review cycle.
• Action ageing and effectiveness analysis, including overdue-action escalation recommendations.
• Project and programme QSRA models, assumptions logs, model validation records, sensitivity outputs, and management summaries.
• Consolidated project-to-programme risk inputs, emerging-risk themes, and escalation recommendations.
• Quality-assured source data and commentary for weekly, monthly, and ad hoc reporting.

Working Interfaces and Performance Expectations

The Risk Lead will interface with the Risk Manager, programme/project leadership teams, PMC and ERC project teams, risk owners, issue owners, action owners, and various functional teams including Project Controls, Planning, Cost, Commercial, Engineering, Procurement, Construction, HSE, Quality, and stakeholder management. Collaboration with the Risk Analyst for reporting, dashboard, data-quality, and client-submission inputs is also essential.

Performance expectations include ensuring risk and issue information is current, evidence-based, and suitable for project and programme decision-making. Actions must be specific, owned, time-bound, monitored, and challenged for effectiveness before closure. Required reports and analysis are to be delivered accurately and in accordance with the agreed reporting calendar, with stakeholder engagement being proactive, professional, and focused on resolving risk and issue exposure.