Lead Engineer, Risk Management

Ma'aden Gold and Base Metals (MGBM)

Riyadh

On-site

SAR 300,000 - 460,000

Full time

3 days ago
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Job summary

Ma'aden Gold and Base Metals (MGBM) seeks a Lead Engineer, Risk Management to steer enterprise-wide risk practices across capital and major projects within the PMO. You will identify, assess, mitigate, and report risks to support informed decision-making and improved project certainty.

You will lead workshops, maintain risk registers, and develop dashboards for governance reviews, collaborating with project managers, planners, and cost controllers to embed risk awareness across daily execution.

Qualifications

  • Bachelor’s degree in Engineering, Project Management, or a related field.

Responsibilities

  • Lead risk management frameworks, methodologies, and tools for capital and major projects.
  • Facilitate risk identification and assessment workshops with project teams, consultants, and contractors.
  • Develop and maintain risk registers with qualitative and quantitative data.
  • Perform qualitative and quantitative risk analysis (Monte Carlo simulations) for schedule and cost impacts.
  • Support integration of risk data into project control and performance reporting.
  • Track risk actions and mitigation plans for timely implementation.
  • Prepare risk reports and dashboards for governance, leadership reviews, and audits.
  • Collaborate with project teams to embed risk practices into execution.
  • Ensure alignment with corporate risk management policies and frameworks.
  • Contribute to lessons learned and continuous improvement in risk practices.
  • Provide training and guidance to project teams and junior risk analysts.

Skills

ERM frameworks
Engineering practices
Quantitative risk analysis
Safety & env fundamentals
Project control tools
Report writing
Facilitation & training
Cross-functional collaboration
@Risk (risk software)
Primavera / MS Project
MS Office

Education

Bachelor’s degree in Engineering/PM
PMI-RMP / MoR certification (preferred)

Tools

@Risk
Primavera Risk Analysis
Oracle Crystal Ball
Primavera
MS Project

Job description

Job Title

Lead Engineer, Risk Management

Reporting to

Manager, Risk Management

Business Unit/Function

PD&E

Department

PMO

Grade

M11

Job Family

PD&E

Sub Family

PMO

Position Type

Regular

Job Purpose

To lead and support the development, implementation, and monitoring of enterprise-wide risk management practices across capital and major projects within the PMO. The role ensures proactive identification, assessment, mitigation, and reporting of project risks to support effective decision-making and improve project certainty and resilience.

Key Accountabilities
  • Lead the implementation of risk management frameworks, methodologies, and tools for capital and major projects across the organization.
  • Facilitate risk identification and assessment workshops with project teams, consultants, and contractors.
  • Develop and maintain risk registers, ensuring completeness, accuracy, and timely updates of qualitative and quantitative risk data.
  • Perform qualitative and quantitative risk analysis (including Monte Carlo simulations) to evaluate schedule and cost impacts.
  • Support the integration of risk data into overall project control and performance reporting processes.
  • Track risk response actions and mitigation plans to ensure timely implementation and effectiveness.
  • Develop and prepare risk reports and dashboards for governance reviews, leadership reporting, and audits.
  • Collaborate with project managers, planners, cost controllers, and other stakeholders to embed risk awareness and practices into daily project execution.
  • Ensure alignment of project risk practices with corporate risk management policies and frameworks.
  • Contribute to lessons learned, knowledge sharing, and continuous improvement in project risk practices.
  • Provide training, coaching, and guidance to project teams and junior risk analysts on risk tools and techniques.
  • Support stage gate reviews, assurance activities, and internal/external audits related to project risk management.
  • Facilitate risk workshops, training sessions, and awareness programs across the organization.
  • Design and implement risk mitigation strategies, policies, and procedures to reduce exposure to identified risks
Minimum Qualifications
  • Bachelor's degree in Engineering, Project Management, or a related field.
  • Certification in Risk Management (e.g., PMI-RMP, MoR, or equivalent) is preferred.
Minimum Experience
  • Minimum 10-12 years of progressive experience in risk management, preferably within the mining, energy, or heavy industrial sectors.
  • Proven experience in enterprise risk frameworks, operational risk, and project risk in large-scale industrial environments.
  • Experience working in multinational or complex matrix organizations is preferred.
  • Experience in conducting and leading risk assessments and using risk analysis tools such as @Risk, Primavera Risk Analysis, or similar.
Ma'aden High Performance Competencies
  • Leadership
  • Achievement Drive
  • Communication
  • Developing others
  • Teamwork & collaboration
  • Analytical thinking
  • Strong leadership characteristics preferably in a multicultural environment
  • Task- and outcome-focused behaviors
  • Excellent teamwork and interpersonal skills
Skills
  • Deep knowledge of ERM frameworks
  • Must have a thorough knowledge of process and engineering practices, design details, international Codes, Standards and Specifications
  • Ability to identify and mitigate risks throughout all project phases, from conceptual design to execution and commissioning.
  • Strong quantitative and qualitative risk analysis skills
  • Must have a practical understanding of safety and environmental fundamentals and application
  • Strong organizational and prioritization skills with the ability to multi-task various assignments and consistently meet project deadlines with positive organizational outcomes
  • Proficiency in risk management tools and software (@Risk, Oracle Crystal Ball)
  • Knowledge of reading and using project control tools (Primavera, MS Project, MS Office, etc.)
  • Excellent report writing and presentation skills
  • Strong facilitation and training capabilities
  • Project management and cross-functional collaboration.
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