Risk Analyst

DAR AL RIYADH; Riyadh; On-site; SAR 300,000 - 540,000; Full time

Job summary

DAR AL RIYADH is seeking a seasoned Risk Manager to lead and oversee risk analysis across large-scale engineering, EPC, or infrastructure projects based in Riyadh. You will conduct qualitative and quantitative risk assessments, develop risk registers, and support controls with cross-functional teams.

Ideal candidates have a bachelor’s degree in engineering or related field, a master’s degree or PMI-RMP/FRM/CRM certification, and at least 10 years of risk management experience in capital

Qualifications

• Proven 10+ years in risk management within engineering, construction or capital projects.
• Experience supporting large-scale engineering, EPC, PMC, or infrastructure projects.
• Strong knowledge of risk management processes including identification, analysis, mitigation, monitoring and reporting.

Responsibilities

• Identify assess and monitor project risks throughout the project lifecycle.
• Develop and maintain 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 impact of risks on project cost schedule quality and objectives.
• Monitor risk mitigation actions and ensure timely implementation by teams.
• Prepare risk reports dashboards and presentations for project management and leadership.
• Support project planning by integrating risk assessments with schedules budgets and forecasts.
• Utilize risk management software to perform simulations and scenario analysis.
• Ensure compliance with risk frameworks policies and industry best practices.
• Collaborate with project controls planning cost engineering and commercial teams.

Skills

Analytical skills

Communication skills

Stakeholder management

Team collaboration

Risk management knowledge

Education

Bachelor's degree in Engineering or related field

Master's degree or PMI-RMP/FRM/CRM certification

Tools

Primavera Risk Analysis

@Risk

RiskWatch

Primavera P6

Microsoft Excel

Job description

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

• 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.