Senior Risk Manager

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Job Description:

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.

As a core member of the client-side   Program Management Office (PMO) , you will provide independent oversight of risk across a portfolio of complex Design–Build projects, shaping risk strategy, standards, and reporting frameworks. You will work closely with client leadership, delivery partners, and contractors to ensure risks are proactively identified, transparently communicated, and effectively mitigated—supporting informed decision-making and the long-term success of the Kingdom’s landmark infrastructure program.

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 forecastingto 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.
- Prepare detailed   risk reports, dashboards, forecasts, and analytics   for senior client management, governance boards, and PMO leadership.
- Coordinate with the   procurement team   to ensure that risk considerations are embedded into procurement strategies, tender documents, and evaluation criteria.
- Develop and maintain strong relationships with   suppliers, contractors, and consultants   to ensure early visibility of emerging risks and collaborative mitigation.
- Identify, assess, and mitigate   program-wide risks   throughout the project lifecycle, including strategic, operational, technical, financial, and stakeholder risks.
- Develop   contingency plans and early-warning indicators   to address potential challenges before they impact client outcomes.
- Lead and mentor the risk and project controls team, fostering a culture of   collaboration, excellence, and proactive risk management.
- Provide training and guidance to PMO and project team members to   enhance risk awareness, tools usage, and reporting quality.
- Collaborate with internal and external stakeholders, including clients, contractors, and consultants, to ensure   alignment on risk priorities, ownership, and actions.
- Represent the client-side PMO in   risk-related discussions and negotiations   with stakeholders, supporting informed, defensible decisions.
- Ensure adherence to   legal, regulatory, and contractual requirements   by integrating compliance risks into the overall risk management framework.
- Prepare and present comprehensive   risk and assurance reports   to stakeholders and senior client management, highlighting key exposures, trends, and recommended actions.

What Required Skills You'll Bring:

- Bachelor’s degree in Civil Engineering, Construction Management, Risk Management, Quantity Surveying, or a related field.
- Minimum of   15   years of experience in   risk management and/or commercial/project controls   across multiple construction or infrastructure sectors, including client-side roles.
- Extensive knowledge of   risk management principles, cost & commercial management, procurement processes, and contract management frameworks.
- Proven track record of managing   large-scale, complex projects or programs   and supporting delivery within budget and schedule through effective risk governance.
- Familiarity with   local KSA regulations, industry standards, and best practices in client-side PMO environments.
- Proficiency in   project management, project controls, and risk analysis tools   (e.g., Primavera P6, risk modeling software, financial tools).
- Exceptional   communication and leadership skills, with the ability to present complex risk information clearly to senior client stakeholders.
- Ability to manage   complex stakeholder relationships, facilitate workshops, and support dispute avoidance and resolution from a risk perspective.

What Desired Skills You'll Bring:

- Professional certification such as   RMP RMP ,   PMP PMP ,   MRICS MRICS , or equivalent is preferred.
- Experience in   PMO / client-side Delivery Partner   projects is highly desirable.
- Strong   strategic thinking and decision-making   capabilities, with the ability to align risk strategies to client objectives.
- Strong   analytical and problem-solving   skills, including qualitative and quantitative risk analysis.
- Demonstrated   leadership and team management   expertise in multidisciplinary environments.
- Attention to detail and accuracy in   risk, financial, and performance reporting.
- Ability to work under pressure in a fast-paced environment and manage   multiple priorities and risks   effectively.

Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

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