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Risk Engineer

Unknown
Riyadh Region, KSA
Contract
Senior
Onsite
Discovered 3 days ago
Project risk managementRisk assessmentRisk registers and Key Risk IndicatorsHAZOPFMEALOPA
Free

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Project risk managementRisk assessmentRisk registers and Key Risk Indicators
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Role Overview

Risk Engineer / Contracts Administrator responsible for identifying, assessing, and mitigating technical, contractual, commercial, and operational risks across EPC and construction projects.

The role administers project contracts, supports project teams, and helps protect commercial interests and achieve successful project delivery.

Risk Management

  • Identify, assess, and monitor technical, contractual, commercial, and operational risks.
  • Conduct risk assessments using HAZOP, FMEA, LOPA, and Bow-Tie methodologies.
  • Maintain project risk registers and develop mitigation strategies.
  • Monitor Key Risk Indicators and mitigation effectiveness.
  • Review engineering designs, project plans, and contracts for project risks.

Contract Administration

  • Administer EPC, construction, procurement, and subcontract agreements throughout the project lifecycle.
  • Manage contract compliance, variations, change orders, claims, extensions of time, and contract documentation.
  • Support tender evaluations, contractual risk assessments, and dispute avoidance.

Coordination and Reporting

  • Coordinate with Engineering, Project Management, Procurement, Commercial, Legal, and HSE teams.
  • Prepare risk and contract reports and maintain documentation.
  • Ensure compliance with company policies and industry standards.
  • Promote risk management best practices through guidance and awareness initiatives.

Qualifications and Experience

  • Bachelor's degree in Engineering, Construction Management, or a related field.
  • Professional certifications such as PMI-RMP, PMP, CCM, or RICS are an advantage.
  • 3–7 years of experience in EPC, construction, engineering, or contracting environments.
  • Experience in risk assessment, contract administration, project risk management, and claims management.

Required Knowledge and Skills

  • Familiarity with EPC contracts, procurement, subcontract administration, and change management.
  • Knowledge of ISO 31000, FIDIC, HAZOP, FMEA, LOPA, Bow-Tie, and project risk management principles.
  • Understanding of EPC delivery, project controls, procurement, contract administration, and HSE standards.
  • Proficiency in Microsoft Office and risk or project management software.
  • Strong analytical, problem-solving, negotiation, communication, report writing, and organizational abilities.

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