Risk Analyst

Confidential; Dammam; On-site; SAR 250,000 - 350,000; Full time

Job summary

Confidential is seeking a senior Risk Manager to identify and mitigate risks across large-scale projects, develop risk registers and lead risk workshops with stakeholders.

The role requires 5–10 years in risk management or related fields, a Bachelor's degree, and certifications such as PMI-RMP or ISO 31000. Proficiency in Excel and Power BI is essential.

Qualifications

• Bachelor's degree in a relevant field is required.
• Postgraduate qualification in risk management is preferred.
• 5–10 years of experience in risk management, contracts, or project controls.

Responsibilities

• Identify and assess project, contractual, commercial, financial, operational and strategic risks; determine probability, impact and exposure.
• Develop and maintain project and corporate risk registers.
• Lead risk workshops and review meetings with stakeholders.
• Monitor existing risks, track mitigation actions, and ensure controls are functioning.
• Identify emerging risks during project execution and escalate to management.
• Review contracts and agreements to identify contractual risks and support risk allocation.
• Analyze claims, variations and disputes and assess potential impacts on projects.
• Prepare risk reports and executive summaries; present key exposures and recommendations.
• Ensure compliance with policies, contracts and regulations, supporting ERM frameworks and risk-aware culture.
• Drive continuous improvement through lessons learned, root cause analysis and audits with site-safety adherence.

Skills

Risk assessment

Risk management

Contract risk

Analytical thinking

Reporting

Stakeholder management

Communication

Pressure handling

Education

Bachelor's degree in engineering, Construction Management, Finance, Business Administration, Risk Management or related field

Postgraduate qualification in Risk Management or related discipline

Tools

Excel

Power BI

Job description

Responsibilities:

1. Identify and assess project, contractual, commercial, financial, operational and strategic risks, including their probability, impact and overall exposure.
2. Develop and maintain project and corporate risk registers.
3. Lead risk workshops and review meetings with stakeholders.
4. Monitor existing risks, track mitigation actions, and check that controls are working.
5. Spot emerging risks during project execution and upscale critical ones to management.
6. Review contracts, subcontracts and agreements to identify contractual risks and support risk allocation strategies.
7. Analyze claims, variations and disputes, and assess how they could affect projects.
8. Prepare risk reports, dashboards and executive summaries, and present key exposures and recommendations to management.
9. Ensure compliance with company policies, contracts and regulations, and support enterprise risk management (ERM) frameworks, procedures and a risk-aware culture.
10. Drive continuous improvement through lessons learned, root cause analysis and audits, while following all HSE and site-safety requirements.

Education:

• Required: Bachelor’s degree in engineering, Construction Management, Finance, Business Administration, Risk Management or a related field.
• Preferred: A postgraduate qualification in Risk Management or a related discipline.

Certifications:

• PMI-RMP (Risk Management Professional), ISO 31000 Risk Management, or a similar risk certification.

Experience

• 5–10 years in risk management, contracts, commercial management or project controls.
• Experience in construction, infrastructure, EPC, industrial or large-scale projects is preferred.

Skills

• Strong analytical and problem-solving skills
• Knowledge of risk management frameworks and methods
• Excellent understanding of construction contracts and commercial management
• Advanced reporting and presentation skillsProficiency in Microsoft Excel, Power BI and risk management tools
• Strong communication and stakeholder management
• Able to work under pressure and handle several priorities at once

Language

• Very good business English, including contract letters, reports and notices