Senior Risk Manager - PMO and Program Assurance

Senior Risk Manager - PMO and Program Assurance Job Snapshot Role:
Senior Risk Manager - PMO and Program Assurance

Location:

Riyadh, Saudi Arabia Industry: Construction Function:
Risk Management

Experience:

15 years in risk management, commercial, or project controls across major construction and infrastructure programs Job Type: Full-time Position Overview Senior Risk Manager - PMO and Program Assurance in Riyadh, Saudi Arabia is a senior Construction opportunity focused on enterprise-level risk governance, quantitative analysis, contingency planning, contract exposure, and executive reporting across complex infrastructure programs. Parsons Corporation is hiring an experienced risk leader to strengthen client-side PMO oversight, integrate risk with cost and schedule controls, and provide clear strategic advice that protects program objectives, financial performance, and delivery certainty.

Job Details Country:
Saudi Arabia City:
Riyadh Industry: Construction Function:
Risk Management Salary:  Estimated salary range based on similar jobs in the job city; please confirm the final offer with the employer. Gender: Any Candidate Nationality:
Any Job Type: Full-time Role Context The Senior Risk Manager will operate as a key client-side PMO advisor, connecting project delivery realities with strategic governance and executive decision-making. The role will provide independent oversight across a portfolio of Design-Build packages, ensuring that strategic, technical, contractual, commercial, schedule, financial, and stakeholder risks are identified early, quantified where appropriate, assigned to accountable owners, and managed through effective mitigation.

Particular emphasis will be placed on translating risk information into practical decisions affecting contingency, procurement, claims exposure, schedule resilience, and program priorities.

• Lead program-wide risk governance within the client-side PMO and establish consistent standards, procedures, and reporting requirements.
• Maintain integrated program risk registers covering strategic, technical, commercial, contractual, financial, operational, schedule, and stakeholder exposures.
• Define risk categories, scoring methodologies, escalation thresholds, review cycles, and accountability requirements.
• Provide independent risk oversight across multiple Design-Build contracts and infrastructure packages.
• Integrate risk reporting with cost planning, budget management, cash flow forecasting, schedule controls, and executive performance reporting.
• Develop risk-adjusted forecasts that demonstrate potential impacts on cost, schedule, contingency, and program outcomes.
• Lead qualitative and quantitative risk assessments for major project and program exposures.
• Conduct structured risk workshops with project teams, contractors, consultants, delivery partners, and Client representatives.
• Establish early-warning indicators for emerging risks and deteriorating project conditions.
• Develop mitigation plans, contingency strategies, and management actions proportionate to identified exposure.
• Monitor risk treatment effectiveness and escalated unresolved or increasing risks to senior Client leadership.
• Review risk implications associated with changes, variations, claims, delays, and potential disputes.
• Provide client-side recommendations on major risk events and support negotiations where technical, commercial, or contractual exposure is significant.
• Advise on contract risk allocation under FIDIC, NEC, bespoke, and other applicable contractual frameworks.
• Assess contractual obligations and identify areas where risk transfer, retained exposure, or unclear allocation could affect the Client.
• Support commercial and contracts teams with risk-based input into…