Lead Engineer, Risk Management

Job Title

Lead Engineer, Risk Management

Reporting to

Manager, Risk Management

Business Unit/Function

PD&E

Department

PMO

Direct Reports

Budget/Size

Grade

M11

Job Family

PD&E

Sub Family

PMO

Position Type

Regular

Role Profile Number

Job Purpose

To lead and support the development, implementation, and monitoring of enterprise-wide risk management practices across capital and major projects within the PMO. The role ensures proactive identification, assessment, mitigation, and reporting of project risks to support effective decision-making and improve project certainty and resilience.

Key Accountabilities

§ Lead the implementation of risk management frameworks, methodologies, and tools for capital and major projects across the organization.

§ Facilitate risk identification and assessment workshops with project teams, consultants, and contractors.

§ Develop and maintain risk registers, ensuring completeness, accuracy, and timely updates of qualitative and quantitative risk data.

§ Perform qualitative and quantitative risk analysis (including Monte Carlo simulations) to evaluate schedule and cost impacts.

§ Support the integration of risk data into overall project control and performance reporting processes.

§ Track risk response actions and mitigation plans to ensure timely implementation and effectiveness.

§ Develop and prepare risk reports and dashboards for governance reviews, leadership reporting, and audits.

§ Collaborate with project managers, planners, cost controllers, and other stakeholders to embed risk awareness and practices into daily project execution.

§ Ensure alignment of project risk practices with corporate risk management policies and frameworks.

§ Contribute to lessons learned, knowledge sharing, and continuous improvement in project risk practices.

§ Provide training, coaching, and guidance to project teams and junior risk analysts on risk tools and techniques.

§ Support stage gate reviews, assurance activities, and internal/external audits related to project risk management.

§ Facilitate risk workshops, training sessions, and awareness programs across the organization.

§ Design and implement risk mitigation strategies, policies, and procedures to reduce exposure to identified risks

Minimum Qualifications, Experience and Competencies

Minimum Qualifications:§ Bachelor’s degree in Engineering, Project Management, or a related field.

§ Certification in Risk Management (e.g., PMI-RMP, MoR, or equivalent) is preferred.

Minimum Experience:· Minimum 10–12 years of progressive experience in risk management, preferably within the mining, energy, or heavy industrial sectors.

· Proven experience in enterprise risk frameworks, operational risk, and project risk in large-scale industrial environments.

§ Experience working in multinational or complex matrix organizations is preferred.

§ Experience in conducting and leading risk assessments and using risk analysis tools such as @Risk, Primavera Risk Analysis, or similar.

Ma’aden High Performance Competencies:§ Leadership

§ Achievement Drive

§ Communication

§ Developing others

§ Teamwork & collaboration

§ Analytical thinking

§ Strong leadership characteristics preferably in a multicultural environment

§ Task- and outcome-focused behaviors

§ Excellent teamwork and interpersonal skills

Skills:§ Deep knowledge of ERM frameworks

§ Must have a thorough knowledge of process and engineering practices, design details, international Codes, Standards and Specifications

§ Ability to identify and mitigate risks throughout all project phases, from conceptual design to execution and commissioning.

§ Strong quantitative and qualitative risk analysis skills

§ Must have a practical understanding of safety and environmental fundamentals and application

§ Strong organizational and prioritization skills with the ability to multi-task various assignments and consistently meet project deadlines with positive organizational outcomes

§ Proficiency in risk management tools and software (@Risk, Oracle Crystal Ball)

§ Knowledge of reading and using project control tools (Primavera, MS Project, MS Office, etc.)

§ Excellent report writing and presentation skills

§ Strong facilitation and training capabilities

§ Project management and cross-functional collaboration.