Director Risk

Qiddiya Investment Company; Riyadh; On-site; SAR 299,000 - 450,000; Full time

Job summary

An innovative project development firm in Riyadh is seeking a Senior Manager - Risk to enhance its risk management framework across various projects. The successful candidate will establish risk processes, guide teams in identifying risks, and develop effective risk response strategies. The ideal candidate has extensive experience in risk management, particularly in development or construction projects, alongside relevant academic qualifications and preferred certifications.

Benefits

Comprehensive benefits package

Qualifications

• 8-10 years of experience in risk management.
• At least 5 years in large-scale development or construction projects.
• Professional certifications in risk management are preferred.

Responsibilities

• Establish and enhance the risk management framework.
• Guide project teams in identifying and evaluating risks.
• Develop and implement effective risk response strategies.

Skills

Quantitative risk assessment

Qualitative risk assessment

Data-driven decision making

Interpersonal communication

Education

Bachelor's degree in Risk Management or related field

Master's degree in a relevant field

Tools

Risk management software

Project management tools

Job description

Qiddiya Investment Company is on the lookout for a Senior Manager - Risk (CDU 266) to enhance our risk management framework across our innovative projects. This role demands a strategic mindset to lead our risk management initiatives throughout the project lifecycle, ensuring that all potential risks are identified, assessed, and effectively mitigated. The Senior Manager will work closely with cross‑functional teams and senior leadership to cultivate a proactive risk management culture.

Key Responsibilities

• Establish and enhance the risk management framework, processes, and methodologies tailored for the diverse projects undertaken by Qiddiya.
• Guide project teams in identifying, evaluating, and prioritizing risks, ensuring comprehensive risk assessments are conducted.
• Create and maintain risk registers, ensuring all project risks are documented, monitored, and communicated effectively.
• Develop and implement effective risk response strategies, with clear action plans for risk mitigation.
• Lead risk workshops and training sessions for project teams to promote awareness and understanding of risk management practices.
• Monitor compliance with established risk management protocols and recommend adjustments as necessary to adapt to evolving project dynamics.
• Collaborate with stakeholders to cultivate an organizational culture that embraces proactive risk management.
• Perform regular reviews and updates of the risk management framework to ensure its relevance and effectiveness.

• Bachelor's degree in Risk Management, Business Administration, Construction Management, or a related field; a Master's degree is preferred.
• A minimum of 8-10 years of experience in risk management, with at least 5 years focusing on large-scale development or construction projects.
• Professional certifications in risk management such as Certified Risk Manager (CRM) or Project Management Institute’s Risk Management Professional (PMI‑RMP) are preferred.
• Demonstrated expertise in quantitative and qualitative risk assessment methodologies.
• Strong analytical skills and the ability to make data-driven decisions.
• Proficient in risk management software and project management tools.
• Exceptional interpersonal and communication skills, with the ability to influence stakeholders across various levels.

Comprehensive benefits package