Risk Analyst — Project Risk & Quantitative Modeling

Egis

Medina Province

On-site

SAR 180,000 - 300,000

Full time

13 days ago

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Job summary

Egis is seeking a detail‑oriented Risk Analyst to join our team in AlUla, Saudi Arabia. You will identify, assess, and mitigate organizational risks across functions, working with stakeholders to develop risk assessments and implement management strategies.

The ideal candidate has strong analytical skills, proven experience with ARM, Palisade @RISK, PRA, and Monte Carlo methods, and a commitment to high professional standards in risk management within large projects.

Qualifications

Bachelor’s degree in Engineering, PM, Risk Management, Construction Management, or related field.
Minimum 5 years of relevant experience in project risk management or quantitative risk analysis.
Hands-on experience conducting QSRAs and QCRAs.
Practical experience using Active Risk Manager (ARM).
Strong working experience with Palisade @RISK and PRA.

Responsibilities

Conduct risk assessments across business operations, identifying threats and vulnerabilities.
Plan and perform QSRAs using project schedules, logic, calendars, constraints, milestones and critical paths.
Plan and perform QCRAs using cost estimates, cost breakdown structures, assumptions and uncertainty.
Perform Monte Carlo simulations to quantify cost exposure and determine P50, P80, P90 and contingency needs.
Manage risk registers, BRDs, qualitative and quantitative models, simulations, reporting, dashboards and mitigation tracking.
Develop cost and schedule risk models in Excel with Palisade @RISK; apply distributions and sensitivity analyses.
Prepare PRA schedules and risk models; analyze criticality, drivers and P50/P80/P90 completion dates.
Monitor compliance with regulatory requirements and internal risk policies.
Create risk reports for senior management and stakeholders.