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  • Manager - Risk Analyst - Umm al-Quwain - Sobha Siniya Island

    Sobha Siniya Island
    Sobha Siniya Island Umm al-Quwain

    2 months ago

    Description

    1. Risk Identification & Assessment

    • Develop and maintain a comprehensive
      Risk Register
      for all ongoing projects and corporate functions.
    • Identify key risks related to
      cost overruns, schedule delays, safety incidents, environmental impacts, and contractual obligations
      .
    • Conduct
      risk analysis (qualitative and quantitative)
      to evaluate probability, impact, and mitigation priorities.
    • Perform
      site risk reviews
      and coordinate with project managers and engineers to identify field-level operational risks.

    2. Risk Mitigation & Monitoring

    • Establish
      mitigation plans
      and assign accountability for critical risks.
    • Continuously
      monitor, track, and report risk exposure
      across projects and business units.
    • Conduct
      regular risk review meetings
      and update the management dashboard.
    • Evaluate effectiveness of controls and recommend process improvements to reduce exposure

    3. Financial & Contractual Risk

    • Work with the
      contracts and procurement teams
      to identify risks in vendor agreements, contractor liabilities, and insurance provisions.
    • Support due diligence on
      land acquisitions, joint ventures, and third-party partnerships
      to identify financial and regulatory risks.
    • Assess risk impact on project budgets, cost forecasting, and cash flow.

    4. Compliance & Governance

    • Ensure adherence to
      company policies, statutory obligations, and safety standards
      .
    • Support internal and external
      audit activities
      related to project and operational risk.
    • Maintain compliance with
      UAE regulations, environmental laws, and construction codes
      .

    5. Reporting & Analytics

    • Develop and present
      periodic risk reports
      to senior management, highlighting trends, emerging risks, and key mitigation actions.
    • Use
      data analytics and visualization tools
      to forecast potential risk hotspots.
    • Prepare executive-level summaries for
      Board and Project Steering Committee meetings
      .

    Qualifications & Experience:

    • Bachelor's degree in Civil Engineering
      , Construction Management, Finance, or Risk Management
      (Master's preferred).
    • Minimum
      8–12 years of experience
      in risk management within
      real estate development, construction
      projects.
    • Strong understanding of
      project lifecycle, cost control, scheduling, safety, and compliance frameworks
      .
    • Experience in
      Enterprise Risk Management (ERM)
      and
      ISO 31000 standards
      preferred.
    • Proficiency in
      MS Excel, Power BI, Primavera Risk, or similar tools
      .
    • Excellent analytical, communication, and presentation skills.

    Key Competencies:

    • Strategic and analytical thinking
    • Strong business acumen in real estate & construction
    • Cross-functional collaboration
    • Data-driven decision-making
    • Risk communication and reporting
    • Attention to detail and governance mindset

    Performance Indicators (KPIs):

    • Reduction in high-impact project risks
    • Timely updates of risk registers and mitigation reports
    • Accuracy of risk forecasts and early warning alerts
    • Compliance audit scores
    • Stakeholder satisfaction with risk transparency

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Umm Al Quwain City