Risk Analyst📣 Job Ad

About the Role

Egis (KSA) is seeking a Risk Analyst to join their team in Al Ula, Saudi Arabia. This is a contract position requiring 5-10 years of experience. The successful candidate will be responsible for identifying, assessing, and mitigating organizational risks across various business functions.

Role Overview

The Risk Analyst will collaborate with stakeholders to develop comprehensive risk assessments, implement effective risk management strategies, and ensure compliance with regulatory requirements. This role demands strong analytical capabilities, exceptional organizational skills, and a commitment to maintaining high professional standards in risk management.

Key Responsibilities

• Conduct comprehensive risk assessments and analyses across business operations, identifying potential threats and vulnerabilities.
• Plan and perform Quantitative Schedule Risk Analyses (QSRAs) using project schedules, logic, calendars, constraints, milestones, and critical paths.
• Plan and perform Quantitative Cost Risk Analyses (QCRAs) using cost estimates, cost breakdown structures, assumptions, allowances, and estimating uncertainty.
• Perform Monte Carlo simulations to quantify cost exposure and determine P50, P80, P90, and contingency requirements.
• Manage risk registers, risk breakdown structures, qualitative and quantitative risk models, simulations, reporting, dashboards, and mitigation tracking using Active Risk Manager (ARM).
• Develop cost and schedule risk models in Excel, apply probability distributions, perform Monte Carlo simulations, and conduct sensitivity, tornado, contribution, and correlation analysis using Palisade @RISK.
• Prepare P6 schedules for risk analysis, develop schedule risk models, perform Monte Carlo simulations, and analyze criticality, schedule drivers, and P50/P80/P90 completion dates using Primavera Risk Analysis (PRA).
• Analyze financial data and business metrics to evaluate risk exposure and trends.
• Create detailed risk reports and presentations for senior management and stakeholders.
• Monitor compliance with regulatory requirements and internal risk management policies.
• Collaborate with department heads and operational teams to understand business processes and associated risks.
• Recommend risk mitigation strategies and controls to reduce organizational exposure.
• Perform quantitative and qualitative risk modeling and analysis using appropriate tools and methodologies.

Required Experience and Skills

• 5-10 years of experience in risk analysis or a related field.
• Demonstrated strong analytical capabilities.
• Exceptional organizational skills.
• Proficiency in risk management tools such as Active Risk Manager (ARM), Palisade @RISK, and Primavera Risk Analysis (PRA).
• Ability to conduct comprehensive risk assessments and analyses.
• Experience with Monte Carlo simulations for cost and schedule risk quantification.
• Understanding of regulatory requirements and internal risk management policies.

Work Environment

This role is based in Al Ula, Saudi Arabia, and operates on a contract basis. The Risk Analyst will work within a collaborative environment, engaging with various stakeholders and operational teams across the organization.

Application Process

Candidates who meet the specified requirements are encouraged to apply. Further details regarding the application process will be provided upon inquiry.