Risk Administrator

1 week ago

المملكة العربية السعودية, Saudi Arabia Dar Al Riyadh Full time

**Responsibilities**:

- Conduct comprehensive risk assessments for PMC projects, identifying potential risks and opportunities.
- Collaborate with project teams to ensure thorough risk identification at various project phases.
- Analyze the impact and likelihood of identified risks on project objectives, timelines, and budgets.
- Develop risk models and simulations to assess potential outcomes.
- Develop and implement effective risk mitigation strategies to minimize the impact of identified risks.
- Collaborate with project managers and teams to integrate risk mitigation into project plans.
- Establish a robust risk monitoring system, regularly reviewing and updating risk registers.
- Monitor project activities to identify emerging risks and changing risk profiles.
- Engage with project stakeholders to gather insights on potential risks and opportunities.
- Facilitate risk workshops and discussions with project teams and stakeholders.
- Prepare regular risk reports for project management and clients, highlighting key risk indicators and trends.
- Communicate risk status and mitigation progress to relevant stakeholders.
- Document and analyze lessons learned from past projects to improve risk management processes.
- Integrate lessons learned into current and future project risk assessments.
- Stay updated on industry best practices, risk management methodologies, and emerging trends. Recommend improvements to enhance the effectiveness of risk management processes.

**Minimum Requirements**:

- Bachelor's or Master's degree in Civil Engineering, Project Management, or a related field.
- Minimum of 10 years of experience as a Risk Administrator in PMC projects.
- Bilingual proficiency in English and Arabic (both written and spoken).
- Strong knowledge of risk management principles and practices.
- Excellent analytical and problem-solving skills.
- Effective communication and presentation skills.
- Professional certifications in risk management or related fields.
- Experience in managing risks for PMC projects within the Middle East region.

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