
Specialist -Risk Management Engineer
- أبو ظبي
- دائم
- دوام كامل
- Project Risk Standards
- Project Support (Portfolio, Programme and Project Levels)
- Risk Identification, Analysis and Mitigation
- Risk Communication and Consultation
- Facilitation and Presentations
- Facilitation of risk reviews through the various phases of Front-end-loading.
- Ensuring alignment with the Group Risk Management Standards for each phase.
- Ensuring alignment with other key elements / parties of the project e.g. Engineering, Procurement, Construction, Commissioning, Estimating, Scheduling and Cost Accounting.
- Support the development of commercial contracts from a risk management perspective and then adjustment, where required, of the Risk Management Plan based on the outcomes of negotiations.
- Ensure alignment of all key stakeholders on risk tolerance principles for the project.
- Schedule and facilitate regular risk reviews.
- Ensure calibration of risks on the project and between projects within the same Business Unit.
- Track implementation of treatment actions and analysis of their efficacy.
- Initiate and facilitate risk assessment of any material changes to the project.
- Support estimating and finance / project economics in the quantification of risks to support forecasting and contingency setting.
- Interpret the results from the analysis and modelling and provide advice and guidance to managers.
- Liaise with project staff but particularly the planning and cost control teams in respect of contingency and uncertainty forecasting.
- Develop and implement risk management plans and processes for major capital projects.
- Identify project-specific risks (technical, environmental, financial, regulatory, safety) through qualitative and quantitative analysis.
- Facilitate risk workshops with project teams and stakeholders.
- Maintain risk registers and ensure accurate documentation of all identified risks and mitigation strategies.
- Coordinate with engineering, construction, procurement, and HSE teams to integrate risk mitigation into project execution plans.
- Monitor and report on risk status and trends throughout the project lifecycle.
- Provide risk input to project governance bodies, change control boards, and steering committees.
- Liaise with contractors and vendors to assess and align risk management practices.
- Contribute to lessons learned and continuous improvement initiatives in risk management.
- Ensure compliance with corporate and regulatory standards related to risk.
- Ensure QA of data input into reports.
- Assist in the quantification of risks.
- Clear, up to date risk register for the project (both from a business case and execution perspective).
- Incorporation of risks and opportunities identified in reviews into project risk register.
- Quality and frequency of risk reviews.
- Tracking and analysis of treatment actions.
- Quality of analysis and resulting recommendations.
- Early transparent reporting of risk issues and progressive trending of risk exposure.
- Support to project controls, finance and project economics in quantification of risks
- Contribute to improving the quality and performance of risk processes and systems.
- Preparing and maintaining the live Risk Register in the Risk Management system and ensure it is reviewed monthly.
- Consolidating project risk data, ensure a holistic picture is formed regarding the project.
- Advise and ensure that all risk owners are aware of all the risks for which they are responsible for managing. A summary of all risks monthly.
- Oversee that all controls and management measures identified are implemented and monitored by the risk or action owner.
- Update Enterprise risk management team with strategic Project Risk portfolio and ensure smooth synergy
- Bachelor's degree in engineering, Project Management, Risk Management, or related field.
- Master's degree or professional certification (e.g., PMI-RMP, Prince2, ISO 31000) preferred.
- 10+ years of experience in project risk management, ideally in the oil and gas sector.
- Experience with risk analysis tools such as SAFRAN, Deltek Acumen, Primavera Risk Analysis, @RISK, or similar.
- Strong knowledge of project controls, planning, and HSE risk factors.
- Quantitative background preferable in statistics, scientific modelling, financial modelling
- Excellent communication, facilitation, and stakeholder
- In depth knowledge of Risk Management processes and systems
- Cost and schedule risk modelling using specialised software
- Working knowledge of project scheduling
- Able to work with minimal supervision
- Strong numerical requirement
- Strategic thinker and able to forecast
- Ability to clearly communicate and articulate project requirements and visions at all levels.
- Preferable to Undertake qualitative and quantitative risk analysis and modeling (e.g. Monte Carlo) for both cost and schedule for the project and individual work packages.