Risk Manager (Saudi Arabia)

Requirements

Candidates must have at least 20 years of experience in project controls or risk management, with a minimum of 10 years specifically in a dedicated risk management role. Proven expertise in Monte Carlo simulations and large-scale infrastructure projects is required.

Job Summary

Job Description
Overview
AtkinsRéalis is looking for a Risk Manager, in Riyadh, KSA.
The Risk Manager will be responsible for establishing, implementing, and maintaining effective project risk management processes across major roads, highways, bridges, and associated infrastructure projects. Working within a PMC environment, the role will support project delivery teams and clients in identifying, assessing, mitigating, and monitoring risks throughout the project lifecycle to ensure successful delivery of program objectives related to cost, schedule, quality, safety, and stakeholder requirements.
Your role
Risk Management
Develop and implement project risk management frameworks, methodologies, and procedures in line with international best practices.
Lead risk identification workshops with project stakeholders, consultants, contractors, and client representatives.
Establish and maintain project and program risk registers.
Conduct qualitative and quantitative risk assessments for infrastructure projects.
Evaluate project risks related to design, construction, procurement, permitting, utilities, traffic management, environmental constraints, and stakeholder interfaces.
Develop mitigation strategies and contingency plans to reduce project exposure.
Monitor emerging risks and opportunities and recommend proactive actions.
Quantitative Risk Analysis & Monte Carlo Simulation
Lead quantitative risk assessments (QRA) for major infrastructure projects.
Develop and maintain risk-adjusted schedules and cost models.
Perform Monte Carlo simulations to assess schedule and cost uncertainty.
Analyze confidence levels (P50, P80, P90) for project completion dates and budget forecasts.
Identify critical risk drivers affecting project outcomes and provide recommendations to reduce exposure.
Support contingency planning through probabilistic forecasting and scenario analysis.
Produce Schedule Risk Analysis (SRA) and Cost Risk Analysis (CRA) reports for executive management and clients.
Interpret simulation outputs and communicate findings effectively to both technical and non-technical stakeholders.
Project Controls & Reporting
Integrate risk management activities with project controls, planning, scheduling, and cost management functions.
Support schedule risk analysis and cost risk assessments.
Prepare risk dashboards, reports, and presentations for project leadership and client teams.
Provide regular updates on key project risks, trends, and mitigation effectiveness.
Track risk action owners and ensure timely closure of mitigation measures.
Stakeholder Management
Facilitate risk review meetings with project teams and external stakeholders.
Engage with client representatives to ensure risk management objectives are achieved.
Coordinate with engineering, commercial, construction, HSE, and contract management teams to assess project risks comprehensively.
Support senior management in strategic decision-making through risk-based analysis.
Governance & Compliance
Ensure compliance with client requirements, project governance frameworks, and contractual obligations.
Promote a risk-aware culture across the project organization.
Participate in project audits and assurance reviews.
Contribute to lessons learned and continuous improvement initiatives.
About you
Minimum 20 years of experience in project controls, risk management, or project management.
At least 10 years of experience in a dedicated risk management role.
Proven experience working within a PMC or engineering consultancy environment.
Demonstrated experience on large-scale roads, highways, bridges, and transportation infrastructure projects.
Proven experience conducting Monte Carlo simulations and quantitative risk assessments on major capital projects.
Experience supporting government authorities, transport agencies, and large-scale infrastructure programs in the Middle East is highly desirable.
Strong understanding of: Quantitative Risk Assessment (QRA), Monte Carlo Simulation, Schedule Risk Analysis (SRA), Cost Risk Analysis (CRA), Confidence Level Forecasting (P50/P80/P90), Earned Value Management (EVM)
Rewards & benefits
Explore the rewards and benefits that help you thrive – at every stage of your life and your career.
This includes:
Tax-free salary.
Comprehensive life insurance coverage.
Premium medical insurance for you and your dependents.
Generous annual leave balance.
Flexible and hybrid work solutions.
Remote work opportunities outside of country.
Company gratuity scheme.
Discretionary bonus program.
Annual flight contribution.
Relocation assistance.
Transportation & housing allowances (available for remote work locations).
Employee Wellbeing Program: 24/7 access to specialists in finance, legal matters, family care, personal health, fitness, and nutrition.
Seize every opportunity to sharpen your skills, expand your expertise, and be recognized for the impact you make.
About AtkinsRéalis
We’re AtkinsRéalis, a world-class engineering services and nuclear organization. We connect people, data and technology to transform the world’s infrastructure and energy systems. Together, with our industry partners and clients, and our global team of consultants, designers, engineers and project managers, we can change the world. We’re committed to leading our clients across our various end markets to engineer a better future for our planet and its people. Find out more.
#RBP
Worker Type
Employee
Job Type
Regular
At AtkinsRéalis, we seek to hire individuals with diverse characteristics, backgrounds and perspectives. We strongly believe that world-class talent makes no distinctions based on gender, ethnic or national origin, sexual identity and orientation, age, religion or disability, but enriches itself through these differences.

Responsibilities

The Risk Manager will establish and maintain effective project risk management processes for major infrastructure projects within a PMC environment. This includes leading risk identification workshops, conducting quantitative risk assessments, and providing strategic risk-based analysis to project leadership.

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