Director - Risk

Essential duties and responsibilities

• Establish the Qiddiya Program risk management framework, procedures, templates and processes, and seek continuous improvement.
• Oversee the identification and assessment of risks associated with real estate development and construction projects, including financial, operational, technical, and legal risks.
• Conduct regular risk assessments and scenario analyses for ongoing and future projects to understand potential exposures.
• Ensure risk registers and databases are accurately maintained and regularly updated.
• Design and implement risk mitigation strategies for high impact risks, ensuring corrective actions are taken to minimize or eliminate risk exposure.
• Work closely with project teams to ensure risk management practices are embedded in project execution.
• Lead regular risk reporting including the development of key risk indicators (KRIs) to monitor the risk profile of project.
• Ensure that risks are tracked and reported through all phases of project lifecycles and that any emerging risks are promptly escalated.
• Provide periodic updates and insights on evolving risks and potential future threats to project success.
• Lead and mentor the risk management team, promoting a culture of continuous learning and improvements.
• Provide the leadership to guide the Qiddiya Program and Portfolios in implementing the risk management plan.
• Lead implementation of the Program and Project(s) risk management plan and produce Portfolio and Project Risk Register(s).