Director- Enterprise Risk (CDU3) - 20004049

Qiddiya Investment Company; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading entertainment and infrastructure firm in Saudi Arabia is seeking a Director of Enterprise Risk to oversee risk management for complex infrastructure projects. The ideal candidate will have over 10 years of experience in risk management, particularly in large-scale transport initiatives. This role involves developing risk frameworks, leading risk identification efforts, and ensuring proactive risk governance across all projects. A relevant degree and professional certifications in risk management are preferred.

Qualifications

• 10+ years of experience in risk management, with at least 5 years in a senior or leadership role.
• Proven track record in large-scale transport or infrastructure projects.
• Experience with complex stakeholder environments and multi-contract project delivery.

Responsibilities

• Develop and implement a comprehensive risk management framework.
• Lead risk identification workshops across disciplines.
• Provide regular risk reports to executive leadership and external stakeholders.
• Support Commercial Teams for appropriate risk transfer.
• Prepare for high-impact scenarios and lead emergency response planning.

Skills

Risk Management

Leadership

Stakeholder Management

Quantitative Risk Assessment

Project Delivery

Education

Bachelor’s degree in Engineering or Risk Management

Master’s degree in Risk Management or Project Management

MBA focused on operations or strategy

Tools

ARM

Primavera Risk Analysis

@Risk

Job description

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project, it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up, Qiddiya is calling for you.

Role Summary:

The Director of Enterprise Risk within the Transport Business Unit (TBU) plays a critical leadership role in safeguarding the success of complex, multi-modal infrastructure projects. This position is responsible for developing and implementing a robust risk management framework that spans diverse initiatives such as light rail systems, high-speed rail, shuttle bus operations, and the construction of a major interchange station.

The role involves identifying and assessing strategic, portfolio, project, operational, and interface risks; coordinating with internal and external stakeholders; and fostering a proactive risk culture across the TBU.

The Director ensures that risks are effectively managed to support project development, procurement, delivery, and long-term operational resilience and safeguarding the reputation of the wider organization.

Key Responsibilities:

• Develop and implement a comprehensive risk management framework aligned with corporate and project-specific objectives. Ensure consistency across all transport modes and infrastructure projects.
• Lead a risk team to run structured risk identification workshops across disciplines (engineering, procurement, construction, operations). Evaluate risks related to strategic, portfolio and project risks that may impact objectives.
• Support the Senior Leadership Team to manage risks arising from complex project interfaces across the TBU Portfolio and interfaces with the various Districts.
• Lead risk governance structures, including risk committees and escalation protocols. Provide regular risk reports to executive leadership, project boards, and external stakeholders.
• Oversee quantitative risk assessments (e.g., Monte Carlo simulations) for schedule and cost impacts. Support contingency planning and budget allocation based on risk exposure.
• Support Commercial Teams to ensure appropriate transfer of risks to relevant parties. Review TBU risk registers and identify candidate risks for consideration of risk transfer under contract.
• Collaborate with TBU appointing consultants & contractors to align risk management practices. Ensure contractual risk allocation is fair and enforceable.
• Develop and track mitigation plans for high-priority risks. Monitor effectiveness and adjust strategies as the Transport Business Unit and its projects evolve.
• Prepare for high-impact scenarios (e.g., tunnel collapse, system failure, public safety incidents). Lead or support emergency response planning and simulations.
• Promote a proactive risk culture across the Transport Business Unit. Deliver training and workshops to enhance risk awareness and capability at all levels.
• Act as a trusted advisor to Senior Leadership Team by providing strategic insights on emerging risks, geopolitical factors, and macroeconomic trends that could impact project delivery or long-term operations. Support scenario planning and strategic decision-making with a risk-informed perspective.
• Lead the adoption and integration of digital risk management platforms and tools (e.g., BIM-integrated risk registers, AI-driven analytics). Ensure that technology is leveraged to enhance real-time risk visibility, predictive analysis, and decision-making across all project phases.

Qualifications & Experience:

Bachelor’s degree in a relevant field such as: Engineering (Civil, Mechanical, Systems), Risk Management or Project Management

Master’s degree (preferred) in: Risk Management, Infrastructure Project Management, Transport Planning or Engineering

MBA with a focus on operations or strategy is advantageous

Professional Certifications:

• Risk Management Certifications (highly desirable): PMI-RMP (Project Management Institute – Risk Management Professional), IRM (Institute of Risk Management) qualifications, ISO 31000 Risk Management certification.
• Project Management Certifications: PMP (Project Management Professional), PRINCE2 Practitioner.
• Health, Safety, and Environment (HSE) certifications (especially for tunnel and rail projects): NEBOSH, IOSH, or equivalent.

Years of Experience:

• 10+ years of experience in risk management, with at least 5 years in a senior or leadership role.
• Proven track record in large-scale transport or infrastructure projects, including Rail systems (light rail, metro, high-speed), Tunneling and underground works, Multi-modal transport integration
• Experience with complex stakeholder environments and multi-contract project delivery.
• Proven experience in using ARM and other risk tools (e.g., Primavera Risk Analysis, SAFRAN, @Risk, RiskHive).