Summary
Dar Al Riyadh is seeking a Risk Analyst in Riyadh to identify, assess, and monitor risks across project lifecycles. The role includes maintaining risk registers and mitigation plans, conducting qualitative and quantitative analysis, facilitating risk workshops, and preparing reports and dashboards. Candidates need at least 10 years of risk management or analysis experience in engineering, construction, infrastructure, or capital projects, with experience on large-scale projects. A relevant bachelor’s degree is required; a master’s degree or professional certification is preferred.
The posting
As published on daralriyadh.com. Pulled from the employer's site and shown as they wrote it.
Key Responsibilities:
- Identify, assess, and monitor project risks throughout the project lifecycle.
- Develop and maintain project risk registers, mitigation plans, and contingency strategies.
- Conduct qualitative and quantitative risk assessments, including schedule and cost risk analysis.
- Perform risk workshops with project teams and stakeholders to identify and evaluate project risks.
- Analyze the impact of risks on project cost, schedule, quality, and overall project objectives.
- Monitor risk mitigation actions and ensure timely implementation by project teams.
- Prepare risk reports, dashboards, and presentations for project management and executive leadership.
- Support project planning by integrating risk assessments with project schedules, budgets, and forecasts.
- Utilize risk management software to perform risk simulations and scenario analysis.
- Ensure compliance with organizational risk management frameworks, policies, and industry best practices.
- Collaborate with project controls, planning, cost, engineering, and commercial teams to support informed decision-making.
Minimum Requirements:
- Bachelor's Degree in Engineering, Business Administration, Finance, Risk Management, or a related discipline.
- Master's Degree or professional certification such as PMI-RMP, FRM, CRM, or equivalent is preferred.
- Minimum 10 years of experience in risk management or risk analysis within engineering, construction, infrastructure, or capital projects.
- Proven experience supporting large-scale engineering, EPC, PMC, or infrastructure projects.
- Proficiency in Primavera Risk Analysis, @Risk, RiskWatch, or equivalent risk management software.
- Strong knowledge of project risk management processes, including risk identification, analysis, mitigation, monitoring, and reporting.
- Experience in qualitative and quantitative risk analysis, including Monte Carlo simulation and scenario analysis.
- Proficiency in Primavera P6, Microsoft Project, and advanced Microsoft Excel (Pivot Tables, Power Query, advanced formulas, dashboards).
- Knowledge of project cost estimation, budgeting, forecasting, and schedule analysis.
- Strong analytical, reporting, communication, and stakeholder management skills.
- Ability to work effectively with multidisciplinary teams in a fast-paced project environment.