Be the change. Join the world's most visionary developer.
Red Sea Global (RSG) is showing that there is a better way to positively shape the places we live, work and travel.
We are purpose-driven and committed to people and planet. Our transformative programs are a driving force to achieving Vision 2030, as well as leading the world towards regenerative tourism.
Join RSG and be part of the positive change for Saudi Arabia and the world.
Job Purpose:
Manage and strengthen project and subsidiary risk management across Red Sea Global by ensuring risks are systematically identified, assessed, monitored, and escalated in line with the approved development lifecycle and ERM framework. The role is responsible for driving consistent risk governance, executive reporting, and effective control oversight across projects, enabling informed decision-making, timely escalation, and continuous improvement of project risk maturity.
Functional Responsibilities:
- Review project-level risk registers to ensure that all significant and emerging risks are accurately captured, assessed, and escalated, as appropriate, ensuring risks are well-defined, aligned with the approved Development lifecycle process and ERM methodology (RBS, likelihood, impact, risk appetite, control adequacy, and priority).
- Prepare and submit monthly and quarterly project risk management reports, subsidiary risk registers, project departmental risk registers and risk update dashboards for executive reporting, including formal submissions to the Audit Committee
- Monitor adherence to risk management processes and procedures across RSG's projects and assess their effectiveness, providing insight and escalation as needed.
- Proactively engage with the relevant stakeholders (TPMO, risk champions, Heads of Department) by facilitating structured risk review sessions, constructively challenging assumptions, and securing validation and sign-off on priority risks, treatments, and KRIs.
- Deliver quarterly and ad-hoc risk assessments in response to management requests, material changes, incidents, or new initiatives, providing structured risk analysis, scenario considerations, and practical treatment recommendations.
- Develop, implement, and mature the KRI framework for project/subsidiary risks, including defining indicator logic, thresholds and rationales, data ownership, reporting cadence, and exception escalation triggers in line with the ERM framework and project risk appetite.
- Oversee control and mitigation governance for assigned risks, including reviewing control adequacy inputs, ensuring mitigations have clear deliverables, owners, and due dates, tracking execution progress, and escalating. Critically evaluate the effectiveness of existing controls and identify areas of vulnerability and control weaknesses within ongoing or planned projects.
- Facilitate cross-functional risk workshops where risks span multiple functions or entities (e.g., systemic risks, shared controls, enterprise dependencies), ensuring clear outcomes, agreed ownership, and disciplined follow-up
- Actively participate in the Group Project Risk Committee (PRIC) meetings and escalate critical project risks in accordance with governance protocols and escalation criteria
- Continuously improve ways of working by streamlining templates, utilizing practical automation (e.g. dashboards, systems, etc.) and leading risk awareness and champion enablement through targeted training, guidance, and tools. Regularly benchmark Project Risk practices against industry standards and peer organizations to ensure alignment with best practices and support continuous maturity improvement.
Job Requirements:
- Bachelor's degree in law, Business Administration, or a related field. (Master's Degree Preferred).
- 8+ years (with 1+ in managerial roles)
- Professional certification in risk management (e.g., ERM, PMI-RMP, ISO 31000) is preferred.
- Strong written and verbal communication skills, with experience preparing formal reports for executive and audit audiences
