Project Risk Specialist
2 weeks ago
Responsible for identifying, analysing and evaluating risks associated with the Organization's infrastructure projects, and assisting risk owners, in coordination with risk champions to develop risk treatment plans.
Essential Responsibilities and Duties:
- Implements risk methodologies, procedures and tools of Risk Management Division.
- Conducts workshops with the Organization's entities and risk owners to identify, analyze and evaluate projects' risks.
- Assists risk owners in developing risk treatment plans, in coordination with risk champions, and in line with risk appetite set limits.
- Updates Risk Register with the emerging projects' risks and maps these risks to concerned Organization's entities.
- Assists in the development and updates of the Organization's risk universe and risk appetite, as well as in developing the Annual Risk Assessment Plan.
- Continuously monitors the exposure level to projects' risks that are within the risk limits set in the risk appetite.
- Develops key risk indicators for significant projects' risks and monitors their readings to ensure that risks are managed within the limits set in risk appetite.
- Prepares and provides periodic reports in relation to project's risks.
Education:
Primary discipline:
Master's, or Bachelor's Degree in Finance, Business Administration, Law, or other related discipline is required.
Secondary discipline:
Bachelor's Degree in other speciality plus Master's in primary discipline is required.
Experience Required:
Seven (7) years of related experience or seven (7) years of experience [five (5) years primary / two (2) years secondary] with Master's, or nine (9) years of primary experience with Bachelor's Degree is required.
Other Requirements(Certificates):
- Saudi National Only.
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