Senior Manager - Risk - 50011620 - DA3

Qiddiya Investment Company 1; Riyadh; On-site; SAR 600,000 - 1,000,000; Full time

Job summary

Qiddiya Investment Company is seeking a Senior Manager - Risk to strengthen its risk management framework across its ambitious projects. The role requires strategic leadership to identify, assess, and mitigate risks throughout the project lifecycle, collaborating with senior leadership and cross-functional teams.

The successful candidate will drive risk documentation, develop effective response strategies, and conduct risk workshops to promote a proactive culture of risk awareness and governance.

Qualifications

• Bachelor’s degree in Risk Management, Business Administration, Construction Management, or related field (Master’s preferred).
• 8–10 years in risk management, with 5+ years on large-scale development or construction projects.
• CRM or PMI-RMP certification preferred.
• Expertise in quantitative and qualitative risk assessment methods.
• Strong analytical and data-driven decision-making abilities.
• Proficiency with risk management software and project management tools.
• Exceptional interpersonal and stakeholder communication skills.

Responsibilities

• Establish and enhance the risk management framework and methodologies for diverse projects.
• Lead teams in identifying, evaluating, and prioritizing risks with thorough assessments.
• Create and maintain risk registers and monitor documented risks.
• Develop and implement risk response strategies with actionable mitigation plans.
• Lead risk workshops and training sessions for project teams.
• Monitor compliance with risk protocols and adjust to evolving projects.
• Collaborate to foster proactive risk management culture.
• Review and update the risk management framework regularly.

Skills

Quantitative risk assessment

Qualitative risk assessment

Analytical skills

Data-driven decisions

Interpersonal communication

Education

Bachelor's degree in risk management, business administration, construction management, or related field

Master's degree preferred

Tools

Risk management software

Project management tools

Job description

Qiddiya Investment Company is on the lookout for a Senior Manager - Risk to enhance our risk management framework across our innovative projects. This role demands a strategic mindset to lead our risk management initiatives throughout the project lifecycle, ensuring that all potential risks are identified, assessed, and effectively mitigated. The Senior Manager will work closely with cross-functional teams and senior leadership to cultivate a proactive risk management culture.

Key Responsibilities

• Establish and enhance the risk management framework, processes, and methodologies tailored for the diverse projects undertaken by Qiddiya.
• Guide project teams in identifying, evaluating, and prioritizing risks, ensuring comprehensive risk assessments are conducted.
• Create and maintain risk registers, ensuring all project risks are documented, monitored, and communicated effectively.
• Develop and implement effective risk response strategies, with clear action plans for risk mitigation.
• Lead risk workshops and training sessions for project teams to promote awareness and understanding of risk management practices.
• Monitor compliance with established risk management protocols and recommend adjustments as necessary to adapt to evolving project dynamics.
• Collaborate with stakeholders to cultivate an organizational culture that embraces proactive risk management.
• Perform regular reviews and updates of the risk management framework to ensure its relevance and effectiveness.

Requirements

• Bachelor's degree in Risk Management, Business Administration, Construction Management, or a related field; a Master's degree is preferred.
• A minimum of 8-10 years of experience in risk management, with at least 5 years focusing on large-scale development or construction projects.
• Professional certifications in risk management such as Certified Risk Manager (CRM) or Project Management Institute’s Risk Management Professional (PMI-RMP) are preferred.
• Demonstrated expertise in quantitative and qualitative risk assessment methodologies.
• Strong analytical skills and the ability to make data-driven decisions.
• Proficient in risk management software and project management tools.
• Exceptional interpersonal and communication skills, with the ability to influence stakeholders across various levels.