Risk Management Specialist

1 week ago

Riyadh, Saudi Arabia Italconsult S.P.A Full time

The Role

**Job Title**: Risk Management Specialist Department: Project Control Office Location: ITC Riyadh Reporting to: Project Control Manager 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 and Specific Accountabilities: (Results this role is expected to accomplish) 1.Develop and implement an overarching risk management plan for the entire project. 2.Own the Risk management procedure 3.Manage the process of identifying and assessing the risks affecting the business. 4.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). 5.Monitor, evaluate and challenge the organisation’s success in managing its risks. 6.Organise and produce appropriate risk reporting, internally and externally. 7.Lead the identification and evaluation of risks and issues throughout the entire project life cycle. 8.Promote risk management in accordance to project procedure. 9.Create and maintain Risk Register logs. 10.Create and maintain Issues Register logs. 11.Monitors and follows up changes in Risk exposure, identifying new Risks and Issues. 12.Prepare periodical reports of Risks and Issues and their management. 13.Integrates the Contractor’s Risk management into the PMC’s overall Risk management. 14.Provides lessons learnt feedback to top managers. 15.Identifies gaps in Risk management competence and arranges to fulfil by training and secondment when. 16.Introduces and manages any required Risk Management software. 17.Establishes and promotes a lexicon of Risk management terms.

**Requirements**:
About the company
ITALCONSULT is an Italian engineering consulting company established in Rome in 1957 by the largest industrial groups of that time for giving evidence throughout the world of the Italian know-how and capacity to perform engineering. From December 2012, the Company has a new share structure formed by Bevilacqua Engineering Group, actively operating in Italy in the sector of public and private transport infrastructure (with construction costs amounting to more than 12 billion US$ in the last ten years) through the Companies SIS S.p.A. Studio di Ingegneria Stradale and A&S, Autostrade e Strade Engineering S.p.A., now merged into ITALCONSULT, and two groups representatives of the Italian excellence in the economic and financial fields: Intesa Sanpaolo S.p.A., one of the biggest Italian bank very active in supporting infrastructure investments and also in foreign activities (countries of Central Eastern Europe, Middle East and Northern Africa), and Tecnoinvestimenti Srl, belonging to the Italian Chambers of Commerce through TECNOHOLDING S.p.A., enjoying their own national and international network able to foster investment initiatives and programmes as well as to activate bilateral technical-commercial agreements.

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