Senior Manager - Project Risk (CDU3) - 20005787

Qiddiya Investment Company; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading entertainment and culture project developer is seeking a Senior Manager for Project Risk in Riyadh. This crucial role involves safeguarding the successful delivery of complex transport infrastructure projects by leading risk identification, analysis, and mitigation. Candidates should possess significant experience in risk management, particularly in large-scale infrastructure projects, and a bachelor's degree in a relevant field. This position offers a chance to shape the future of an iconic project.

Qualifications

• 8+ years of experience in risk management, preferably in transport projects.
• Proven experience managing project risks in multi-disciplinary environments.
• Experience in using ARM and risk analysis tools.

Responsibilities

• Develop and implement Project Risk Management Plans.
• Lead risk identification and assessment activities.
• Maintain and update risk registers in ARM.
• Conduct quantitative and qualitative risk analysis.
• Monitor and report on risk exposure.

Skills

Risk Management

Quantitative Analysis

Stakeholder Coordination

Risk Mitigation Strategies

Project Management

Education

Bachelor’s degree in Civil Engineering or related field

Master’s degree in Risk Management or related field

Tools

SAFRAN

ARM

Primavera Risk Analysis

Job description

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project, it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up, Qiddiya is calling for you.

Role Summary:

The Senior Manager for Project Risk plays a pivotal role in safeguarding the successful delivery of complex transport infrastructure projects by leading the identification, analysis, and mitigation of risks across all project phases. Operating within a dynamic environment, this role ensures that risks related to engineering, construction, interfaces, compliance, and stakeholder coordination are proactively managed.

The Senior Manager collaborates closely with project teams, consultants and contractors to maintain robust risk registers in ARM, conduct quantitative assessments using SAFRAN, and implement effective mitigation strategies through the Project Teams. By fostering a risk-aware culture and aligning practices with national standards and strategic objectives, the role contributes significantly to project resilience, cost control, and timely delivery.

Key Responsibilities:

• Develop and Implement Project Risk Management Plans. Establish and maintain risk management strategies tailored to each project phase and transport mode.
• Lead Risk Identification and Assessment Activities. Facilitate workshops and interviews to identify potential risks across engineering, construction, and operations.
• Maintain and Update Risk Registers in ARM. Ensure project risk registers are current, detailed, and aligned with corporate risk frameworks.
• Conduct Quantitative and Qualitative Risk Analysis. Use Monte Carlo simulations (SAFRAN) to assess cost and schedule impacts and support contingency planning.
• Monitor and Report on Risk Exposure. Provide regular updates to project leadership on risk trends, emerging threats, and mitigation effectiveness.
• Coordinate Risk Mitigation Strategies. Work with project teams to develop, implement, and track mitigation and response plans.
• Interface Risk Management. Identify and manage risks arising from project interfaces, coordinating with the Senior Manager for Portfolio Risk.
• Promote Risk Awareness and Training. Deliver training sessions and promote a risk-aware culture across project teams and departments.
• Prepare and deliver regular, structured risk reports and dashboards to project leadership. Ensure reports highlight key risk trends, top exposures, mitigation progress, and risk-adjusted forecasts.
• Consolidate and analyses risk data across multiple workstreams or sub-projects to identify systemic risks, interdependencies, and cumulative impacts. Support the Portfolio Risk Manager with insights for strategic decision-making.
• Collaborate with Project Managers to distinguish between risks and active issues, ensuring timely escalation, resolution planning, and integration of lessons learned into the risk register. Facilitate alignment between risk and issue logs.
• Organize and lead structured monthly risk review meetings with the full project team, including engineering, construction, commercial, and operations leads. Ensure active participation, review of top risks, updates on mitigation actions, and alignment on emerging threats and opportunities. Document outcomes and integrate updates into the project risk register and reporting cycle.

Qualifications & Experience:

Bachelor’s degree in relevant fields such as Civil Engineering, Project Management, Risk Management, Construction Management

Master’s degree (preferred) in: Risk Management, Infrastructure Project Management, Engineering Management

Professional Certifications:

• Required: PMI-RMP (Risk Management Professional), IRM (Institute of Risk Management) qualifications, ISO 31000 Risk Management certification
• Additional beneficial certifications: PMP (Project Management Professional), PRINCE2 Practitioner

Years of Experience:

• 8+ years of experience in risk management, with at least 3–5 years in infrastructure or transport projects.
• Proven experience in: Managing project risks in large-scale, multi-disciplinary environments, Working with international contractors and consultants.
• Experience in using ARM and other risk tools (e.g., Primavera Risk Analysis, SAFRAN, @Risk, RiskHive).