Risk Manager

AL-AYUNI; Riyadh; On-site; SAR 80,000 - 100,000; Full time

Job summary

A leading construction firm in Saudi Arabia seeks a Risk Manager to oversee risk management across various construction projects. The ideal candidate will have a bachelor’s degree and 10-15 years' experience in the construction industry, focusing on project, contractual, and financial risks management. Responsibilities include developing risk frameworks, assessing project risks, and ensuring compliance with safety standards. This role offers a competitive salary and opportunities for professional growth.

Qualifications

• 10-15 years of experience in construction or infrastructure projects with risk management responsibilities.
• Strong knowledge of construction methods and contract types (EPC, Design & Build, FIDIC).
• Experience with large-scale or complex projects is preferred.

Responsibilities

• Develop and maintain risk management frameworks for construction projects.
• Identify and assess construction-related risks including design and procurement.
• Review contracts to mitigate contractual risks.
• Evaluate financial risks and support project contingency planning.
• Coordinate with HSE teams to manage safety and environmental risks.
• Prepare risk reports for senior management and project teams.

Skills

Risk Management

Contract Negotiation

Project Controls

Health, Safety & Environmental Management

Education

Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Risk Management

Job description

Job Summary

The Risk Manager will be responsible for identifying, assessing, mitigating, and monitoring risks across construction projects, ensuring the successful delivery of projects within scope, time, cost, and quality requirements. The role requires strong experience in the construction industry, with a deep understanding of project, contractual, financial, HSE, and operational risks.

Key Responsibilities

Risk Management & Governance

• Develop, implement, and maintain the project and enterprise risk management framework for construction projects.
• Establish risk registers for projects, programs, and portfolios, ensuring regular updates and reporting.
• Facilitate risk identification workshops with project teams, contractors, consultants, and stakeholders.
• Define risk appetite, tolerance levels, and escalation procedures.

Project & Construction Risk

• Identify and assess construction-related risks including design, procurement, scheduling, cost overruns, quality, HSE, and site conditions.
• Analyze risks related to delays, resource constraints, subcontractor performance, and supply chain disruptions.
• Monitor critical path risks and support mitigation planning for schedule and cost impacts.

Contractual & Commercial Risk

• Review contracts, subcontracts, and procurement strategies to identify and mitigate contractual and commercial risks.
• Support contract negotiations by advising on risk allocation, liabilities, insurance, and claims exposure.
• Work closely with legal and commercial teams on claims, disputes, and variation management.

Financial & Strategic Risk

• Evaluate financial risks including cash flow, cost escalation, currency exposure, and financial health of contractors and suppliers.
• Support project contingency planning and risk-based cost forecasting.
• Provide risk input to investment appraisals, feasibility studies, and bid submissions.

Health, Safety & Environmental (HSE) Risk

• Coordinate with HSE teams to identify and manage safety and environmental risks.
• Ensure compliance with local regulations, industry standards, and company policies.
• Promote a strong risk and safety culture across project teams.

Reporting & Communication

• Prepare risk reports and dashboards for senior management and project steering committees.
• Track effectiveness of mitigation measures and recommend corrective actions.
• Provide training and guidance to project teams on risk management best practices.

Qualifications & Experience

• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Risk Management, or a related field.
• Minimum 10 –15 years of experience in construction or infrastructure projects, with proven risk management responsibilities.
• Strong knowledge of construction methods, project controls, and contract types (e.g., EPC, Design & Build, FIDIC).
• Experience with large-scale or complex projects is preferred.

Certifications (Preferred)

• PMI-RMP, IRM, ISO 31000 Risk Management, or equivalent.
• Professional Engineer (PE), PMP, or MRICS is an advantage.

If you want, I can:

• Make this shorter for a job advertisement
• Customize it for infrastructure