Risk Management Specialist

3 weeks ago


Riyadh, Saudi Arabia ITALCONSULT Full time

Job Title: Risk Management Specialist

Department: Project Control Office

Location: ITC Riyadh

**Job Summary**

To conduct project risks and issues identification, evaluation, mitigation and development of risk and issues

prevention strategies. Assist all Project members in minimizing and eliminating risk and issues.

**Key Responsibilities**:

- Develop and implement an overarching risk management plan for the entire project.
- Own the Risk management procedure.
- Manage the process of identifying and assessing the risks affecting the business.
- Oversee, and in some areas implement, the plan of risk control actions (e.g. Purchase of Insurance or other risk financing options, health and safety measures, liaison with regulators, business continuity plans.
- Monitor, evaluate and challenge the organisation’s success in managing its risks.
- Organise and produce appropriate risk reporting, internally and externally.
- Lead the identification and evaluation of risks and issues throughout the entire project life cycle.
- Promote risk management in accordance to project procedure.
- Create and maintain Risk Register logs.
- Create and maintain Issues Register logs.
- Monitors and follows up changes in Risk exposure, identifying new Risks and Issues.
- Prepare periodical reports of Risks and Issues and their management.
- Integrates the Contractor’s Risk management into the PMC’s overall Risk management.
- Provides lessons learnt feedback to top managers.
- Identifies gaps in Risk management competence and arranges to fulfil by training and secondment
- Introduces and manages any required Risk Management software
- Assists Contract Manager in all related duties.
- An engineer holding a university degree in civil or architectural engineering field.
- Risk management specialization with experience of not less than (15) years in construction management field.
- Practicing work in locations and supervision on execution of similar projects.
- Very fluent in reading, writing and speaking the Arabic and English languages (mandatory).



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