Risk Manager - Rail and Mobility Programs

Parsons; Riyadh; On-site; SAR 279,000 - 446,000; Full time

Job summary

Parsons is seeking a Risk Manager for Rail and Mobility Programs in Riyadh, Saudi Arabia. You will lead an integrated risk framework across metro, light rail, bus rapid transit, and multimodal assets, ensuring safety, financial, and operational risk controls throughout the asset lifecycle.

The role requires a minimum of ten years in risk management within rail or transportation, with strong capability in qualitative and quantitative risk analysis, workshops, and governance reporting.

Qualifications

• Bachelor's degree in a rail/transportation or related field.
• Minimum ten years of relevant risk-management experience.
• Experience leading risk management for major rail/transportation programs.
• Knowledge of railway systems and safety-management requirements.
• Professional qualification such as PMI-RMP/IRМ/CRM is desirable.

Responsibilities

• Establish and maintain a comprehensive risk framework aligned with policies and standards.
• Develop risk plans, classifications, criteria and reporting tools.
• Tailor the framework to metro, light rail, bus rapid transit, and multimodal assets.
• Lead workshops with engineering, operations, safety, and digital teams.
• Assess technical risks in signaling, train control, telecom, SCADA, and power.
• Create quantitative risk models for major programs and provide risk-adjusted forecasts.
• Integrate risk findings with cost forecasts and governance decisions.
• Provide risk reports and dashboards for boards and regulators.
• Coordinate risk registers across portfolios and manage lessons learned.

Skills

Rail risk management

Multimodal mobility risk

Qualitative risk analysis

Quantitative risk modeling

Monte Carlo simulation

Stakeholder workshop facilitation

Risk-adjusted forecasting

Project risk registers

Safety-management systems

Contractual risk allocation

Education

Bachelor's degree in Rail Engineering, Systems Engineering, or related field

Master's degree in Transportation/Risk Management preferred

Job description

Risk Manager - Rail and Mobility Programs Job Snapshot

• Role: Risk Manager - Rail and Mobility Programs
• Location: Riyadh, Saudi Arabia
• Industry: Transportation-Trucking-Railroad
• Function: Risk Management
• Experience: Minimum 10 years
• Job Type: Full-time

Parsons is recruiting a Risk Manager - Rail and Mobility Programs in Riyadh, Saudi Arabia for a leadership opportunity within the Transportation-Trucking-Railroad industry. The manager will develop and lead an integrated risk framework covering metro, light rail, commuter rail, bus rapid transit, on-demand transport, and connected mobility assets. The position spans the complete asset lifecycle, from strategy and design through procurement, construction, testing, commissioning, operations, maintenance, and decommissioning. Its purpose is to ensure that strategic, technical, operational, safety, financial, digital, and stakeholder risks are understood and controlled.

Job Details

• Country: Saudi Arabia
• City: Riyadh
• Industry: Transportation-Trucking-Railroad
• Function: Risk Management
• Salary: 25000-40000 SAR per month Estimated salary range based on similar jobs in Riyadh; please confirm the final offer with the employer.
• Gender: Any
• Candidate Nationality: Any
• Job Type: Full-time

Role Context Modern mobility programs combine physical infrastructure, operational procedures, digital systems, multiple transport modes, public authorities, and commercial partners. A risk affecting one asset or operator can quickly influence safety, capacity, passenger experience, revenue, or network reliability. The Risk Manager will provide a portfolio-wide view of these dependencies and help leadership make risk-informed investment and delivery decisions. Strong integration with engineering, operations, safety, commercial, asset-management, and digital teams will support reliable and financially sustainable transportation services.

Key Responsibilities

• Establish and maintain a comprehensive risk framework aligned with corporate policies, governance requirements, and recognized standards.
• Develop risk plans, procedures, classifications, assessment criteria, and reporting tools.
• Tailor the framework to metro, light rail, commuter rail, bus rapid transit, on-demand services, and multimodal assets.
• Embed risk management within strategy, planning, design, procurement, construction, commissioning, operations, maintenance, and decommissioning.
• Lead structured workshops with engineering, operations, safety, systems-integration, commercial, digital, and asset teams.
• Assess technical risks involving signaling, train control, telecommunications, SCADA, power, and rolling stock.
• Evaluate exposures affecting stations, depots, interchanges, and park-and-ride facilities.
• Identify passenger-demand, ridership, revenue, capacity, timetable, and service-reliability risks.
• Review interoperability and interface risks between rail, buses, micromobility, parking, and other transport modes.
• Apply calibrated likelihood and impact criteria across safety, service performance, cost, schedule, revenue, reputation, environment, and compliance.
• Identify systemic dependencies between assets, contracts, operators, suppliers, and external partners.
• Develop quantitative risk models for major programs and mobility portfolios.
• Integrate risk findings with project schedules, cost forecasts, investment plans, and governance decisions.
• Provide risk-adjusted forecasts and recommendations for contingency, investment, and program phasing.
• Work with technical teams to evaluate design changes and systems-architecture choices.
• Develop mitigation measures covering safety, reliability, human factors, staffing, timetables, operating procedures, and incident response.
• Advise on contractual risk allocation, performance regimes, availability-based payments, incentives, and change processes.
• Coordinate digital and cyber controls involving access management, resilience, redundancy, and system recovery.
• Monitor mitigation implementation and reassess residual-risk levels.
• Provide structured risk advice for investment cases, change requests, project approvals, and governance forums.
• Own and maintain program-level risk registers covering mobility and rail assets.
• Coordinate package, project, asset, and operational risk registers across the portfolio.
• Standardize risk descriptions, ownership, actions, ratings, status, and escalation requirements.
• Produce risk reports and dashboards for boards, executive leadership, authorities, regulators, funders, and delivery teams.
• Communicate emerging threats, key risk indicators, trends, and cumulative exposure.
• Align risk-management activity with safety-management systems, safety cases, operational readiness, assurance, quality, and regulatory compliance.
• Support hazard-identification studies and hazard-and-operability analysis.
• Participate in incident investigations and root-cause analysis.
• Convert investigation findings into systemic controls and lessons for future programs.
• Assess interfaces between rail lines, transport modes, operators, shared corridors, stations, and depots.
• Review risks associated with public-private partnerships, concessions, and joint ventures.
• Engage government agencies, municipalities, regulators, operators, maintainers, technology providers, and communities.
• Support the negotiation of performance measures, liquidated damages, incentives, and other risk-related contract mechanisms.
• Apply asset-management principles to whole-life cost, condition, reliability, and performance risks.
• Evaluate obsolescence, technology-transition, and digital-transformation exposure.
• Facilitate portfolio assessments across multiple projects, lines, assets, and contracts.
• Support investment, renewal, and enhancement priorities using risk and value evidence.
• Train and coach engineers, operators, managers, and other stakeholders in risk methods.
• Lead lessons-learned and post-implementation reviews.
• Monitor regulatory developments and rail-industry practices and improve the framework accordingly.

Ideal Profile

• Bachelor 's degree in Rail Engineering, Systems Engineering, Electrical Engineering, Mechanical Engineering, Civil Engineering, Transportation Planning, Risk Management, or a related field.
• Master 's degree in Transportation, Systems Engineering, Project Management, Risk Management, or a comparable discipline is preferred.
• Minimum ten years of relevant experience in risk management, project controls, safety, or systems engineering.
• Background in rail, metro, light rail, heavy rail, multimodal, or complex transportation programs.
• Demonstrable experience leading risk management for a major rail or transportation portfolio.
• Knowledge of railway systems, operational interfaces, and safety-management requirements.
• Ability to develop qualitative and quantitative risk assessments.
• Experience communicating complex risk information to executives, regulators, technical specialists, and operational teams.
• Strong workshop leadership, stakeholder engagement, coaching, and decision-support skills.
• PMI-RMP, IRM, CRM, CEng, or an equivalent professional qualification is highly desirable.

Skills Set

• Rail risk management
• Multimodal mobility risk
• Risk-framework development
• Program risk registers
• Portfolio risk assessment
• Qualitative risk analysis
• Quantitative risk modeling
• Risk-adjusted forecasting
• Monte Carlo simulation
• Safety-management systems
• Safety cases
• RAMS principles
• HAZID
• HAZOP
• Root-cause analysis
• Rail signaling and train control
• Telecommunications and SCADA
• Traction and station power
• Rolling-stock interfaces
• Operational-readiness assurance
• Passenger-demand risk
• Timetable and capacity risk
• Asset lifecycle management
• Whole-life cost analysis
• Technology-obsolescence risk
• Digital and cyber resilience
• Contractual risk allocation
• Key risk indicators
• Executive risk dashboards
• Stakeholder workshop facilitation

Why Join Us

This role offers influence across an entire mobility ecosystem rather than a single project package. The manager will shape decisions affecting rail safety, service reliability, investment priorities, passenger experience, contractual performance, and long-term asset value. The position provides a strong pathway toward program-risk, rail-assurance, asset-management, and transportation-leadership roles within Saudi Arabia 's developing Transportation-Trucking-Railroad market.

About the Company

Parsons Corporation provides engineering, program-management, systems, and project-delivery services for complex transportation and infrastructure programs. Its multidisciplinary teams support clients in creating safe, connected, resilient, and operationally reliable mobility networks.