About this role
<div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Role Purpose</H2> </div><div><p>To plan and lead project risk management across construction projects within Nesma & Partners by championing the<br> implementation of best industry practices aligned with ISO 31000 and PMI-RMP standards. This role ensures proactive<br> identification, assessment, analysis, and mitigation of risks that could impact project scope, schedule, cost, quality, and<br> overall objectives. Responsibilities include approving qualitative risk analyses, mitigation planning within the Risk Register,<br> and reviewing project risk documentation and workshop outcomes. This role leads the development of effective mitigation<br> strategies, continuously monitors risks throughout the project lifecycle, and collaborates closely with Project Controls,<br> Engineering, Procurement, Construction, and other teams to ensure alignment with corporate strategy and project standards.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div><p>Strategic Contribution<br> ▪ Ensure effective cascading of the assigned departmental strategy into operating plans to ensure vertical alignment<br> and horizontal integration with other interfacing departmental strategies.<br> People Management<br> ▪ Manage the effective achievement of assigned objectives through the leadership of the Risk Department by setting<br> of individual objectives, managing performance, developing, and motivating staff to maximize sectional<br> performance.<br> ▪ Lead the talent development initiatives for the Risk department, collaborating with technical/discipline experts and<br> thereby ensure the availability of talent to fit business requirements.<br> ▪ Act as a role model and drive adherence to organizational values and ethics by employees of the Risk department<br> to foster a value-driven culture within the organization.<br> Budgeting and Financial Planning<br> ▪ Monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with<br> the approved guidelines.<br> Policies, Systems, Processes & Procedures<br> ▪ Manage and ensure effective implementation of policies, procedures, and controls covering all areas of Risk<br> department activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality,<br> cost-effective service.<br> Project Risk Management<br> ▪ Lead the development and implementation of a Project Risk Management Plan (RMP) by aligning it with the<br> corporate risk framework to proactively identify, assess, mitigate, and monitor risks throughout all project phases,<br> ensuring overall project success.<br> ▪ Oversee the risk assessment schedule by coordinating timelines and resources to ensure risks are evaluated accurately and on time, enabling proactive risk management.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div><p>Drive the assessment of identified risks by applying systematic evaluation methods to understand their potential<br> impact and likelihood, so informed decisions can be made to reduce project vulnerabilities.<br> ▪ Lead the Qualitative Risk Analysis (QRA) using structured tools and techniques to evaluate the probability and<br> impact of risks, which helps prioritize risks and focus mitigation efforts effectively.<br> ▪ Approve comprehensive qualitative and quantitative risk assessments by reviewing their validity against project<br> objectives to ensure risk prioritization aligns with cost, schedule, and scope targets.<br> ▪ Drive the utilization of simulation analysis by applying modeling tools to predict potential risk outcomes identified<br> during QRA, which improves the accuracy of risk impact forecasts.<br> ▪ Review post-simulation analysis results by interpreting and communicating findings clearly to stakeholders,<br> enabling better understanding and decision-making.<br> ▪ Ensure the ongoing updating of the project risk register by maintaining accurate documentation of identified risks<br> and their assessments, which supports continuous risk tracking and management.<br> ▪ Validate and approve updates to the risk register by reviewing entries for completeness and alignment with<br> governance protocols, ensuring the register remains a reliable source of risk information.<br> ▪ Lead execution of probability assessments by applying quantitative methods to prioritize risks based on their<br> likelihood, which helps allocate resources effectively to high-priority risks.<br> ▪ Drive the effective estimation of risk contingency values by translating QRA data into measurable financial and<br> schedule buffers, enabling informed budgeting and planning.<br> ▪ Lead the application of mathematical models and stress testing by using theoretical tools to quantify risk exposure,<br> supporting data-driven decision-making and contingency planning.<br> ▪ Monitor accurate risk scoring by regularly reviewing risk ratings to prioritize risks effectively and provide a clear<br> understanding of project risk exposure.<br> ▪ Review and formally approve project risks and opportunities submitted by teams by assessing their relevance and<br> completeness to ensure that all significant risks are considered and managed.<br> ▪ Approve the structure, objectives, and outputs of risk identification and review workshops by ensuring they follow<br> organizational standards and capture high-value risk data, fostering comprehensive risk awareness.<br> ▪ Monitor consolidated risk data across projects and programs by analyzing interdependencies and strategic<br> exposures to support cross-project risk governance and mitigation.<br> ▪ Liaise with the Risk department by coordinating reporting and risk information sharing to ensure alignment and<br> facilitate early recognition and response across projects.<br> ▪ Oversee and approve periodic risk monitoring reports and dashboards by verifying accuracy and completeness,<br> providing leadership with timely insights into risk status and mitigation progress.<br> ▪ Oversee the preparation and presentation of executive risk reports and dashboards by consolidating critical risk<br> data and trends to support informed decision-making at governance levels.<br> ▪ Issue formal risk communications and escalation notices by following escalation protocols to alert project leadership<br> and stakeholders about critical and emerging risks for timely action.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div><p>Risk Mitigation and Monitoring<br> ▪ Lead and oversee risk response planning by proactively managing risks to reduce the overall impact on project<br> outcomes and enhance project success.<br> ▪ Evaluate and endorse risk response strategies proposed by risk owners by critically assessing their practicality,<br> effectiveness, and assignment to accountable parties with clear deadlines, to ensure timely and efficient mitigation<br> of project risks and alignment with overall project objectives.<br> ▪ Promote the identification of risks that can be avoided by implementing risk mitigation measures to remove these<br> risks.<br> ▪ Develop risk mitigation strategies to mitigate risks that cannot be avoided across projects to contribute towards the<br> project’s overall success.<br> ▪ Lead the development of contingency plans outlining additional cost, budget, and time required to address<br> contingency risks.<br> ▪ Develop and monitor KRIs (Key Risk Indicators) to ensure appropriate risk reporting mechanisms align with<br> industry-leading practices, facilitating timely identification and communication of project risks.<br> ▪ Liaise with various cross-functions/departments when the risk mitigation strategies and plans affect multiple<br> departments to enhance the effectiveness of the risk mitigation efforts.<br> ▪ Drive the continuous monitoring of identified risks and response plans to assess the effectiveness of risk mitigation<br> measures.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div><p>Stakeholder Engagement<br> ▪ Collaborate with stakeholders to provide an accurate understanding of project risk exposure to support proactive<br> risk management and informed decision-making.<br> ▪ Lead the effective communication of risk-related information with stakeholders (e.g., project team, etc.) to address<br> concerns and strategic feedback by implementing relevant information into the response planning of the risk<br> process.<br> ▪ Coordinate cross-functional/departmental stakeholder engagement to ensure alignment in terms of project risk<br> management across the organization.<br> ▪ Foster a risk-aware culture in collaboration with the risk department to recognize the importance and impact of<br> risks across construction projects.<br> Compliance<br> ▪ Ensure adherence to regulatory standards and requirements across the department to ensure compliance.<br> ▪ Remain abreast of regulatory changes and/or developments to establish the overall impact on Nesma & Partners’<br> operations to implement initiated recommendations and plans suggested by the Corporate Risk Manager to remain<br> legally compliant.<br> ▪ Implementation of new policies and procedures resulting from new regulations to ensure overall compliance across<br> the risk department and overall organization.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilites</H2> </div><div><p>Continuous Improvement<br> ▪ Lead the identification of opportunities for continuous improvement and sustainability of systems, processes, and<br> practices considering global standards, productivity improvement, and cost reduction.<br> Quality, Health, Safety & Environment (QHSE) Management<br> ▪ Manage the effective implementation of corporate policies, procedures, and processes to promote a culture<br> focusing on the achievement of world-class standards in QHSE and sustainability within Risk in line with regulatory<br> requirements.<br> Reporting<br> ▪ Ensure that all risk reports are prepared timely and accurately and meet Nesma & Partners requirements, policies,<br> and quality standards.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Technical Essential</H2> </div><div><p>Education/Certifications<br> ▪ Bachelors in Business Administration, Finance, Economics, Engineering, or any other<br> related field.<br> Experience<br> ▪ 10 years' related experience with 4 years' experience with growing managerial<br> accountability in roles within similar positions.<br> Languages<br> ▪ English<br> Skills<br> Financial Risk Management, Risk Analysis, Risk Mitigation strategies, Regulatory<br> Compliance, Risk Assessment, Control Implementation.</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Techical Preferred</H2> </div><div><p>Education/Certifications<br> ▪ Masters in Business Administration, Project Management, Risk Management, or any<br> other related field.<br> ▪ Professional Risk Manager (PRM), Certified Risk Management Professional (CRMP), or<br> similar certifications.<br> Experience<br> ▪ Experience in the EPC industry.<br> Languages<br> ▪ Arabic</p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Behavioral Essential</H2> </div><div><p>Skills</p> <p>Customer Focus, Decision Quality, Cultivates Innovation, Action Oriented, Ensures<br> Accountability, Collaborates, Communicates Effectively, Self-Development, Situational<br> Adaptability.</p> </div></div></div>