Risk Engineer

Overview

Develop and manage project risk framework across EPC projects.

Key Responsibilities

• probabilistic analysis
• monte carlo
• risk register
• risk reporting
• mitigation planning
• risk audits

Tasks

-Support project control and cost/schedule teams with probabilistic risk analysis for forecasts and contingency planning. -Work with discipline leads and project management to develop mitigation and contingency action plans. -Quantify risks using qualitative and quantitative methods (e.g., Monte Carlo simulations, sensitivity analysis). -Participate in internal and external audits and risk reviews. -Prepare periodic risk reports, dashboards, and presentations for management and client review. -Identify potential technical, commercial, HSE, schedule, and cost risks across all EPCM disciplines. -Ensure risk management is integrated into the project lifecycle, decision-making, and reporting processes. -Update the risk register regularly and ensure timely escalation of high-impact risks. -Support lessons-learned documentation and continuous improvement initiatives. -Develop and maintain the project risk management plan, procedures, and risk register in accordance with corporate and client standards. -Evaluate opportunities for risk reduction and project optimization. -Facilitate risk identification and assessment workshops with project teams, contractors, and stakeholders. -Track implementation and effectiveness of mitigation measures. -Ensure adherence to corporate risk management policies and client contractual requirements. -Communicate risk exposure trends and recommend corrective actions.

Requirements

• risk quantification
• risk management
• engineering degree
• analytical
• primavera p6
• primavera risk

What You Bring

-Strong understanding of project controls, cost and schedule risk integration, and risk quantification techniques. -Minimum 5 - 10 years of relevant experience in risk management within major Oil & Gas EPC / EPCM projects. -Bachelor’s degree in Engineering, Project Management, or related discipline. -Excellent analytical, facilitation, and communication skills. -Familiarity with project management systems and tools (Primavera P6, MS Project, etc.). -Proficiency in risk analysis software such as Primavera Risk Analysis (PRA / Pertmaster), @RISK, or Safran Risk.

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Benefits

-Competitive renumeration package: With regular reviews to ensure we are rewarding at the right level in line with the market -Group Life and Personal Accident Insurance: The company provides Life Assurance cover -End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit -Commitment to continued professional development: Development plans that are tailored to your individual needs and interests -The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company -Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field -Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment -Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestones

About Wood

-Wood is a global leader in consulting and engineering, primarily serving the energy and materials markets. -The company offers a wide array of services including project and construction management, operations and maintenance, and engineering design across various sectors such as oil and gas, chemicals, renewable energy, and infrastructure. -Wood operates in multiple countries including Australia, Canada, England, UAE, and the US, with a growing emphasis on sustainable energy and decarbonization technologies. -The company provides an integrated service model covering advisory, design, delivery, operational support, and repurposing services.

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