Project Risk Manager📣 Job Ad

About the Role

Albawani is seeking a Risk Manager - Project to join its team in Riyadh, Saudi Arabia. This full-time role is critical for ensuring risk-informed decision-making and supporting senior leadership in protecting project objectives related to cost, schedule, quality, safety, and contractual performance. The Risk Manager acts as a strategic business partner, providing objective risk insights and facilitating effective risk treatment initiatives.

Key Responsibilities

• Develop, implement, and maintain project risk management frameworks, procedures, methodologies, and reporting standards.
• Establish and manage project risk registers, ensuring risks and opportunities are identified, assessed, owned, and managed throughout the project lifecycle.
• Facilitate risk workshops, brainstorming sessions, and periodic risk reviews with project teams and stakeholders.
• Conduct qualitative and quantitative risk analyses, including Schedule Risk Analysis (SRA), Cost Risk Analysis (CRA), and Monte Carlo Simulations.
• Develop and implement risk treatment and mitigation strategies, holding stakeholders accountable for their execution.
• Act as a trusted advisor to Project Directors and senior leadership on project risk exposure and mitigation strategies.
• Prepare executive-level risk reports, dashboards, heat maps, and trend analyses, presenting recommendations to management.
• Monitor key risk indicators (KRIs) and project performance trends, supporting project audits and assurance activities.
• Promote a proactive risk management culture and drive continuous improvement initiatives across projects.

Qualifications and Experience

• Education: Bachelor’s degree in Civil Engineering, Construction Engineering, Project Management, or a related discipline. A Master’s degree in Engineering, Construction Management, Project Management, or Business Administration is preferred.
• Certification: PMI-RMP (Project Management Institute – Risk Management Professional) Certification is mandatory. Additional certifications such as PMP, CCP, PSP, or MRICS are advantageous.
• Experience: Minimum of 15 years of construction industry experience, with at least 10 years in dedicated Project Risk Management roles and 5 years in managerial positions.
• Proven hands-on project delivery experience as a Construction Engineer, Site Engineer, Planning Engineer, Scheduler, Cost Engineer, or Cost Control Engineer.
• Extensive experience on large-scale Design & Build, EPC, infrastructure, industrial, and civil mega projects from a contractor perspective.

Required Knowledge and Skills

• Advanced expertise in Qualitative Risk Assessment, Quantitative Risk Analysis, Monte Carlo Simulations, Contingency Modelling, and Risk-Based Decision Support.
• Comprehensive knowledge of project controls, planning, scheduling, cost management, engineering, procurement, construction, and contract administration.
• Demonstrated ability to lead risk treatment initiatives and ensure successful implementation of mitigation measures.
• Strong capability to influence project teams, constructively challenge assumptions, and drive a proactive risk management culture.
• Proven experience supporting Project Directors and Executive Management in strategic decision-making.
• Strong understanding of international project risk management standards and best practices.

Work Environment

This role is based in Riyadh, Saudi Arabia, and operates on a full-time basis within the construction industry. The Risk Manager will engage with various stakeholders, including clients, consultants, subcontractors, and joint venture partners.