
Wood Plc GCC
Risk Engineer
- Permanent
- Abu Dhabi, United Arab Emirates
- Experience 5 - 10 yrs
Job expiry date: 08/01/2026
Job overview
Date posted
24/11/2025
Location
Abu Dhabi, United Arab Emirates
Salary
Undisclosed
Compensation
Comprehensive package
Experience
5 - 10 yrs
Seniority
Experienced
Qualification
Bachelors degree
Expiration date
08/01/2026
Job description
The Risk Engineer is responsible for developing, implementing and maintaining the project risk management framework across all phases of major Oil, Gas and New Energies EPCM projects, from engineering and procurement through construction and commissioning. The role ensures systematic identification, assessment, mitigation and monitoring of all technical, commercial, HSE, schedule and cost risks to support delivery within scope, schedule and budget. Responsibilities include developing and maintaining the project risk management plan, procedures and risk register in alignment with corporate and client standards; facilitating risk identification and assessment workshops; integrating risk management into lifecycle decision-making and reporting processes; identifying risks across disciplines; quantifying risks using qualitative and quantitative techniques such as Monte Carlo simulations and sensitivity analysis; evaluating risk reduction opportunities; developing mitigation and contingency plans with discipline leads; tracking the effectiveness of mitigation actions; updating the risk register; preparing periodic risk reports, dashboards and presentations for management and clients; supporting project controls with probabilistic risk analysis for cost and schedule forecasts; communicating risk exposure trends; ensuring adherence to corporate risk policies and contractual requirements; participating in audits and risk reviews; and supporting lessons-learned and continuous improvement initiatives. Required qualifications include a bachelorās degree in engineering, project management or related discipline, 5ā10 years of risk management experience within major Oil & Gas EPC/EPCM projects, strong understanding of project controls and risk quantification techniques, proficiency in risk analysis software such as Primavera Risk Analysis (PRA/Pertmaster), @RISK or Safran Risk and familiarity with project management tools including Primavera P6 and MS Project.
Required skills
Key responsibilities
- Develop and maintain the project risk management plan, procedures and risk register in accordance with corporate and client standards
- Facilitate risk identification and assessment workshops with project teams, contractors and stakeholders
- Ensure integration of risk management into project lifecycle, decision-making and reporting processes
- Identify technical, commercial, HSE, schedule and cost risks across all EPCM disciplines
- Quantify risks using qualitative and quantitative methods including Monte Carlo simulations and sensitivity analysis
- Evaluate opportunities for risk reduction and project optimization
- Work with discipline leads and project management to develop mitigation and contingency action plans
- Track implementation and effectiveness of mitigation measures
- Update the risk register and escalate high-impact risks in a timely manner
- Prepare periodic risk reports, dashboards and presentations for management and client review
- Support project control and cost/schedule teams with probabilistic risk analysis for forecasts and contingency planning
- Communicate risk exposure trends and recommend corrective actions
- Ensure adherence to corporate risk management policies and client contractual requirements
- Participate in internal and external audits and risk reviews
- Support lessons-learned documentation and continuous improvement initiatives
Experience & skills
- Hold a bachelorās degree in engineering, project management or related discipline
- Possess 5ā10 years of relevant experience in risk management within major Oil & Gas EPC/EPCM projects
- Demonstrate strong understanding of project controls, cost and schedule risk integration and risk quantification techniques
- Be proficient in Primavera Risk Analysis (PRA/Pertmaster), @RISK or Safran Risk
- Be familiar with project management systems and tools such as Primavera P6 and MS Project
- Exhibit excellent analytical, facilitation and communication skills