Risk Analyst - Project Controls

About the role

Egis, a global architectural, consulting, construction engineering, operations and mobility services firm, is looking for a detail-oriented and analytical Risk Analyst to join its team in AlUla, Saudi Arabia. The role covers identifying, assessing and mitigating organizational risks across business functions, working with stakeholders on risk assessments, risk management strategies and regulatory compliance.

Key responsibilities

• Conduct comprehensive risk assessments and analyses across business operations, identifying threats and vulnerabilities
• Plan and perform QSRAs and QCRAs using project schedules, logic, calendars, constraints, milestones and critical paths
• Use cost estimates, cost breakdown structures, assumptions, allowances and estimating uncertainty in QCRAs
• Run Monte Carlo simulations to quantify cost exposure and determine P50, P80, P90 and contingency requirements
• Manage risk registers, risk breakdown structures, qualitative and quantitative risk models, simulations, reporting, dashboards and mitigation tracking
• Develop cost and schedule risk models in Excel, applying probability distributions and performing sensitivity, tornado, contribution and correlation analysis
• Prepare P6 schedules for risk analysis, develop schedule risk models and analyse criticality, schedule drivers and P50/P80/P90 completion dates
• Analyse financial data and business metrics to evaluate risk exposure and trends
• Create detailed risk reports and presentations for senior management and stakeholders
• Monitor compliance with regulatory requirements and internal risk management policies, and recommend mitigation strategies and controls

Required profile

• Bachelor's degree in Engineering, Project Management, Risk Management, Construction Management or a related discipline
• At least 5 years of relevant experience in project risk management, project controls or quantitative risk analysis
• Demonstrable hands-on experience conducting QSRAs and QCRAs
• Preferred: experience with Primavera P6, major capital projects in infrastructure, construction, energy, oil & gas or transportation, and certifications such as PMP, PMI-RMP, APM or IRM

Required skills

• Active Risk Manager (ARM)
• Palisade @RISK
• Primavera Risk Analysis (PRA)
• Monte Carlo simulation and probabilistic risk modelling
• Understanding of project schedules, cost estimates, risk registers and project controls