Senior Risk Manager
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Key skills for this role
About the Role
Manage risk reporting and governance for complex projects, ensuring compliance and strategic alignment while mentoring a team and fostering stakeholder relationships.
Key Skills for This Role
Responsibilities
- Oversee all risk reporting within the client side PMO, including risk exposure analysis, risk adjusted forecasts, and integration with cost planning
- Develop and maintain program level risk registers for complex contracts, ensuring adherence to contractual obligations and governance standards
- Proactively identify strategic, contractual, technical, and financial risks early in the project lifecycle
- Lead assessment and analysis of major risk events related to variations, change orders, and potential disputes
- Act as primary risk management point of contact for the Client, government authorities, and major contractors
- Mentor and lead a team of Risk Analysts, Project Controls, and Commercial Specialists
- Provide strategic direction and leadership for all risk governance activities across the program
- Develop and implement risk management strategies and frameworks to support project objectives
- Ensure compliance with contractual terms and conditions through risk based oversight of claims, variations, and disputes
- Prepare detailed risk reports, dashboards, forecasts, and analytics for senior client management
Requirements
- Extensive experience in risk management on large scale infrastructure projects
- Experience with FIDIC, NEC, or bespoke contracts
- Strong analytical and reporting skills
- Excellent communication and stakeholder management skills
- Leadership and mentoring abilities
Full Job Posting
Role Overview
- Parsons is looking for an amazingly talented Senior Risk Manager to join our team in a client side PMO environment.
- In this role, you will act as the vital link between project delivery and strategic risk governance, ensuring that one of the world's most ambitious infrastructure developments remains resilient, compliant, and aligned with our client's objectives.
What You'll Be Doing
- Oversee all risk reporting within the client side PMO, including risk exposure analysis, risk adjusted forecasts, and integration with cost planning, budgeting, and cash flow forecasting to give the client a clear view of risk impacts.
- Develop and maintain program level risk registers for complex contracts (FIDIC, NEC, or bespoke), ensuring full adherence to contractual obligations, KSA regulations, and client governance standards.
- Proactively identify strategic, contractual, technical, and financial risks early in the project lifecycle, developing robust mitigation strategies and contingency plans to protect the Client's interests.
- Lead the assessment and analysis of major risk events related to variations, change orders, and potential disputes, providing client side recommendations and negotiation support.
- Act as the primary risk management point of contact for the Client, government authorities, and major contractors, ensuring risk information is clear, timely, and aligned with client priorities.
- Mentor and lead a team of Risk Analysts, Project Controls, and Commercial Specialists, fostering a culture of transparency, professional integrity, and risk aware decision making.
- Provide strategic direction and leadership for all risk governance activities across the program, defining standards, procedures, and reporting cadence within the PMO.
- Develop and implement risk management strategies and frameworks to support project objectives, ensure timely delivery of outputs, and maximize value for the client.
- Ensure compliance with contractual terms and conditions through risk based oversight of claims, variations, and disputes, advising on exposure and resolution strategies.
- Provide expert advice on contract risk allocation, interpretation, and mitigation strategies, supporting the client in negotiations and decision making.
- Support the development and management of project and program budgets by highlighting risk allowances, contingencies, and potential cost impacts.
- Monitor risk related cost and schedule drivers and implement robust control measures to prevent overruns and reduce likelihood/impact of key risks.
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