Risk Engineer

We harness the power of innovation so that you can change the world and help our customers solve their most complex challenges

Riyadh
Office
R176862
Engineering
Additional posting locations:
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In a world of possibilities, pursue one with endless opportunities. Imagine Next!

 

At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.

 

Job Description:

Parsons is looking for an amazingly talented Risk Engineer to join our team!
 

The Risk Engineer provides senior technical and analytical expertise to support the 
implementation of the program’s Risk Management Framework across multiple 
projects. The role focuses on quantitative and qualitative risk analysis, modelling, data 
integrity, and structured reporting to support informed decision-making at project and 
program levels, in accordance with established governance and approval processes.

What You'll Be Doing:

  • Facilitate and support risk identification workshops and periodic risk reviews 
    throughout the project lifecycle in accordance with approved methodologies.
  • Perform advanced qualitative and quantitative risk analysis on project and 
    program risks, including statistical analysis and modelling.
  • Support the integration of risk and uncertainty into project cost and schedule 
    assessments.
  • Conduct schedule and cost risk analysis using recognized tools and techniques, 
    including Monte Carlo simulation.
  • Monitor emerging risks and risk trends, providing technical analysis and 
    recommendations in line with established escalation processes.
  • Prepare structured risk reports, dashboards, and analytical outputs for various 
    organizational levels, including executive reporting.
  • Support program-level and cross-project risk consolidation, trend analysis, and 
    lessons learned.
  • Maintain accurate, complete, and up-to-date risk registers, issues iogs, and 
    lessons learned registers.
  • Ensure data quality, traceability, and integrity of risk information across risk 
    management systems and tools.
  • Coordinate with relevant teams to support the effective use and maintenance of 
    risk management software and repositories.
  • Provide technical input to constructability reviews, schedule critical reviews, and 
    cost uncertainty assessments from a risk management perspective.
  • Contribute to the development of risk management training materials and 
    support risk awareness initiatives when required.

What Required Skills You'll Bring:

  • Bachelor’s degree in Engineering, Business, or a related discipline.
  • 15 years of experience in a projects oriented environment performing Risk Management
  • Strong experience in risk planning, risk assessment workshops, risk analysis, and risk monitoring.
  • Demonstrated capability in quantitative risk analysis, including cost and schedule risk modelling.
  • Experience using risk and scheduling tools such as Safran Risk, or equivalent.
  • Professional certification such as PMI-RMP or equivalent is highly desired.
  • Excellent written and verbal English communication skills.
  • Strong analytical skills, attention to detail, and the ability to clearly present technical findings and recommendations.
  • Solid understanding of construction management fundamentals, project scheduling, cost estimating, and project controls.
  • Ability to work effectively within a structured governance framework and across multiple stakeholders.

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!

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

COMPETITIVE BENEFIT OFFERINGS

Financial Wellness

We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.

Work Life Harmony

Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.

Career Development

We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.

Veteran Support

We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.

Mind & Body

At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.

Health

Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.

Want to learn more about the benefits eligible for the Parsons’ location you are interested in? Click below to find out more!
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