Confidential

Risk Analyst

Confidential

Dammam, Eastern Province, Saudi Arabia · Full Time

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Experience
5–10 yrs
Salary
—
Openings
1
Posted
1 week ago
Work mode
In office
Education
Bachelor's degree
Resume
Required to apply

Where you'll work

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Job description

Role Overview and Responsibilities

The Risk Analyst will be responsible for identifying, assessing, and monitoring various types of risks including project, contractual, commercial, financial, operational, and strategic risks. This includes evaluating their likelihood, potential impacts, and overall risk exposure. The role involves creating and managing comprehensive risk registers at both project and corporate levels and leading workshops and review sessions with relevant stakeholders.

In addition, the candidate will track existing risks, supervise mitigation measures, verify the effectiveness of controls, and detect new or emerging risks during project execution, escalating critical issues to management when necessary. A key part of the role also includes reviewing contracts and subcontracts to pinpoint contractual risks and assist with risk allocation strategies. The analyst will examine claims, variations, and disputes to determine their implications on projects.

Another responsibility includes preparing detailed risk reports, dashboards, and executive summaries to communicate key exposures and recommendations to senior management. Compliance with company policies, contracts, regulations, and support of enterprise risk management (ERM) frameworks and procedures are core to the position, as is fostering a risk-aware culture within the organization.

The candidate will also advance continuous improvement initiatives by learning from past experiences, conducting root cause analyses and audits, while adhering to HSE and site safety standards.

Educational and Certification Requirements

  • Mandatory: Bachelor's degree in Engineering, Construction Management, Finance, Business Administration, Risk Management, or a relevant field.
  • Preferred: Postgraduate qualifications related to Risk Management or similar disciplines.
  • Certifications such as PMI-RMP (Risk Management Professional), ISO 31000 Risk Management, or equivalent are desirable.

Experience and Skills

  • Between 5 to 10 years of professional experience in risk management, contracts, commercial management, or project controls.
  • Background in construction, infrastructure, EPC, industrial or large-scale projects is advantageous.
  • Strong analytical and problem-solving capabilities.
  • Expert knowledge of risk management frameworks and methodologies.
  • Comprehensive understanding of construction contracts and commercial management.
  • High proficiency in advanced reporting and presentations.
  • Skilled in Microsoft Excel, Power BI, and risk management software tools.
  • Excellent communication and stakeholder engagement skills.
  • Ability to work effectively under pressure managing multiple priorities.
  • Proficient in business English including drafting contract letters, reports, and official notices.

Minimum education

Bachelor's Degree

Tools & software

Microsoft Excel required Microsoft Power BI required

How they work

Communication Problem Solving Attention to Detail Time Management Relationship Building
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