Lead Risk Engineer

Job Description

The Role

Our Clients and Projects

What We Can Offer

• Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
• Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ service of our employees at 5 year service milestones
• Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field

Job Objective

Risk Management & Identification

• Develop and implement the Project Risk Management Plan in line with company and client standards
• Identify potential risks across engineering, procurement, construction, and commissioning phases
• Facilitate risk identification workshops (risk review workshops, brainstorming sessions, etc.)
• Establish and maintain a comprehensive Risk Register
• Evaluate risks related to cost, schedule, safety, and technical performance

Mitigation & Control

• Develop risk mitigation and contingency plans with risk / action owners
• Work closely with engineering, procurement, and construction teams to reduce exposure
• Ensure integration of risk responses into project schedules and execution plans
• Monitor effectiveness of mitigation strategies and adjust as necessary

Monitoring & Reporting

• Track identified risks and ensure mitigation actions are implemented
• Regularly update and review the Risk Register with stakeholders
• Prepare and present risk reports, dashboards, and KPIs to project management and client
• Highlight critical risks and escalation items to senior leadership

Quantitative Risk Analysis & Assessment

• Deep technical expertise in Cost & Schedule Risk Analysis (CRA & SRA), including hands on experience of complex risk models for major capital projects
• Proven ability to define and validate inputs and actively challenge & refine inputs in collaboration with planning & project teams
• Ability to interpret and explain outputs in detail, including confidence levels, sensitivities and risk drivers
• Experience of presenting and defending results to senior stakeholders and clients under scrutiny; providing robust, evidence based recommendations
• Experience in the assurance and validation of quantitative risk analysis outputs, in line with client or industry governance requirements

Interface & Coordination

• Liaise with Project Controls, Planning, Cost, HSE, and Engineering teams
• Support contract and commercial teams in evaluating contractual risks
• Participate in client meetings, audits, and risk reviews / workshops
• Ensure alignment with client risk management expectations and reporting formats

Compliance & Governance

• Ensure adherence to company risk management frameworks and industry best practices
• Support internal and external audits related to risk management
• Maintain proper documentation and audit trails for all risk-related activities

Qualifications & Experience

• Bachelor’s degree
• 15+ years of experience in oil & gas projects, preferably within EPC/EPCM environments
• Proven comprehensive experience in project risk management
• Demonstrated experience with tools such as Deltek Acumen Fuse Risk, Primavera Risk Analysis (PRA), @Risk, Safran Risk, or similar
• Strong understanding of large-scale, multi-discipline complex projects

Key Skills & Competencies

• Strong analytical and problem-solving skills
• Excellent knowledge of risk assessment methodologies
• Ability to interpret complex project data and translate into actionable insights
• Effective communication and stakeholder management
• High attention to detail and proactive mindset

• PMP (Project Management Professional)

• ISO 31000 Risk Management knowledge

About Us

Diversity Statement