Risk Manager

Role overview

Risk framework and assessment

• Develop, implement, and maintain the Project Risk Management Plan in accordance with international standards, including ISO 31000 and PMI-RMP.
• Establish risk governance structures, escalation protocols, reporting hierarchies, risk appetite, tolerance thresholds, and response strategies with senior leadership.
• Align the framework with UAE regulatory requirements and Dubai Municipality guidelines.
• Conduct risk identification workshops and interviews with project stakeholders, subcontractors, and consultants.
• Maintain a Risk Register for design, engineering, procurement, construction, commissioning, and handover.
• Perform qualitative and quantitative schedule and cost risk analysis; identify geotechnical, structural, MEP, fire and life safety, and façade engineering risks.

Mitigation, monitoring, and reporting

• Develop mitigation and contingency response plans for high and critical risks and integrate responses into project plans with engineers, architects, cost managers, and contractors.
• Maintain risk contingency budgets and schedule buffers with Project Controls; monitor mitigation effectiveness and update the Risk Register.
• Prepare and present monthly and quarterly Risk Status Reports to the Project Director and client stakeholders.
• Facilitate regular risk review meetings, track Key Risk Indicators, and issue early warnings on emerging trends.
• Maintain audit trails for risk decisions, mitigations, and change events.

Regulatory, contractual, and stakeholder work

• Work with the HSE Manager on HSE risk assessment under UAE HSE laws, OSHAD-SF, and Dubai Civil Defence requirements.
• Support risk assessment for fire engineering, structural safety, and façade access systems; comply with DMCA, DDA, and RTA requirements as applicable.
• Review FIDIC-based or bespoke contracts for risks, liabilities, and insurance obligations; coordinate risk clauses, claims prevention, and dispute avoidance.
• Assess currency fluctuation, cost escalation, and supply chain volatility for materials and equipment.
• Act as the risk contact for the client, project owner, and authorities; engage insurance brokers and underwriters on project-specific coverage.
• Support the Project Director during interface meetings, project reviews, and governance audits.

Education and certifications

• Bachelor's degree in Civil Engineering, Structural Engineering, Architecture, or a related discipline is mandatory.
• Master's degree in Project Management, Risk Management, or Construction Management is preferred.
• Professional certifications listed: PMI Risk Management Professional (PMI-RMP), Project Management Professional (PMP), ISO 31000 Risk Management Certification, and NEBOSH or equivalent HSE qualification.

Experience and technical competencies

• Minimum 10 years of project risk management experience in construction or engineering consultancy.
• At least 5 years of hands-on risk management on large-scale luxury hospitality or high-end mixed-use development projects.
• GCC experience and thorough knowledge of UAE regulatory and construction frameworks.
• Track record managing risks on projects exceeding AED 2 billion in value.
• Proficiency in Primavera Risk Analysis (PRA), Oracle Risk Management, Active Risk Manager (ARM), or equivalent.
• Strong knowledge of FIDIC contracts and construction methodologies, MEP coordination, and architectural design processes for luxury hotel developments.