Qiddiya Investment Company→
Manager - Risk - SDU-100 - DA3 at Qiddiya… · Riyadh
Skills
Job Description
Description
Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project, it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up, Qiddiya is calling for you.
General Summary
The Risk Manager role is central to SDU’s mandate to embed and sustain the Risk Management Framework across all Business Units, strengthen organisational risk culture, and ensure consistent compliance with governance standards.
Following the establishment of foundational systems, procedures, and governance structures focus is on development business wide implementation, including training deployment, capability uplift, adoption reinforcement, and ongoing compliance validation. This requires active engagement across all Business Units to ensure consistent application of risk practices and alignment with approved frameworks.
A key aspect of the role is ensuring the quality, consistency, and integrity of risk data captured within risk systems, enabling accurate aggregation and reporting into the Enterprise Risk Management (ERM) framework. This includes supporting business units in effective risk articulation and maintaining high standards of risk documentation.
The role also plays a critical part in strengthening governance readiness and ensuring risk outputs are robust, defensible, and suitable for internal and external audit scrutiny
Applications closing 12 of June 2026.
Essential Duties and Responsibilities
Lead the development and rollout of a risk management training and awareness programme to strengthen organisational risk culture and improve Business wide understanding of risk principles, frameworks, and responsibilities
Design and deliver capability-building initiatives to enhance risk literacy across business units, ensuring consistent application of the Risk Management Framework and alignment with organisational risk appetite.
Provide governance, audit readiness, and compliance support to ensure adherence to the Risk Management Framework, including monitoring, reporting, and continuous improvement of control effectiveness
Act as a central risk manager to smaller or less mature business units, providing hands-on support in embedding risk practices, developing risk registers, and improving risk identification and mitigation processes
Leverage advanced academic qualifications to contribute to the development of technical risk content, training materials, and thought leadership, elevating the overall capability of the risk management community
Leverage expertise in insurance risk and Development risk management to integrate insurance function within the broader Governance, Risk, and Compliance (GRC) function, ensuring alignment of insurance strategy with enterprise risk objectives and governance structures
Develop and Implement Project Risk Management Plans. Establish and maintain risk management strategies tailored to each project stage.
8.Lead Risk Identification and Assessment Activities. Facilitate workshops and interviews to identify potential risks across engineering, construction, and operations in support of the smaller or less mature Business units
Establish and maintain a structured system for monitoring the quality, consistency, and completeness of risks recorded in ARM, ensuring alignment with enterprise risk standards and governance requirements
Engage proactively with individual business units to review and validate risk entries, ensuring that risks are clearly articulated, concise, comprehensive, and expressed in appropriate risk management terminology and meta-language
Provide guidance and coaching to business units on effective risk articulation, including risk statements, causes, impacts, controls, and mitigations to improve overall risk data integrity
12.Support business units in the ongoing maintenance of risk records within ARM and, where required, directly update risk entries to ensure accuracy, consistency, and high-quality data standards across the system.
13.Drive continuous improvement in risk data quality within ARM by identifying common gaps, providing feedback, and enhancing user capability in risk identification and documentation practices
14.Conduct Quantitative and Qualitative Risk Analysis. Use Monte Carlo simulations (SAFRAN) to assess cost and schedule impacts and support contingency planning.
15.Monitor and report on training and development performance and delivery. Provide regular updates to senior
16.leadership on status and forecast.
17.Prepare and deliver regular, structured risk reports and dashboards to senior leadership. Ensure reports highlight key trends, performance, progress and forecasts.
Qualifications:
Bachelor’s degree in risk management, construction management, Business Studies or other relevant field.
Years of Experience:
8-10 years’ experience in risk management including at least 5 years in mega project construction/ development.