Risk Engineer
Wood
Employer Active
Posted 15 hrs ago
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Experience
5 - 12 Years
Job Location
Education
Bachelor of Technology/Engineering
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Role Purpose:
The Risk Engineer is responsible for developing, implementing, and maintaining the project risk management framework throughout all project phases from engineering and procurement through to construction and commissioning. The role ensures that all potential risks are systematically identified, assessed, mitigated, and monitored to support project delivery within scope, schedule, and budget constraints.
What We can offer:
- Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
- Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
- Competitive renumeration package: With regular reviews to ensure we are rewarding at the right level in line with the market
- Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
- 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
- The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
- 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
- Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
- Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
- 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
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com
What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world s most critical challenges.
Expected:
- Bachelor s degree in Engineering, Project Management, or related discipline.
- Minimum 5 - 10 years of relevant experience in risk management within major Oil & Gas EPC / EPCM projects.
- Strong understanding of project controls, cost and schedule risk integration, and risk quantification techniques.
- Proficiency in risk analysis software such as Primavera Risk Analysis (PRA / Pertmaster), @RISK, or Safran Risk.
- Familiarity with project management systems and tools (Primavera P6, MS Project, etc.).
- Excellent analytical, facilitation, and communication skills.
Risk Management Framework
- 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 risk management is integrated into the project lifecycle, decision-making, and reporting processes.
Risk Identification & Assessment
- Identify potential technical, commercial, HSE, schedule, and cost risks across all EPCM disciplines.
- Quantify risks using qualitative and quantitative methods (e.g., Monte Carlo simulations, sensitivity analysis).
- Evaluate opportunities for risk reduction and project optimization.
Risk Mitigation & Monitoring
- 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 regularly and ensure timely escalation of high-impact risks.
Reporting & Communication
- 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.
Compliance & Governance
- 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.
Desired Candidate Profile
Bachelor s degree in Engineering, Project Management, or related discipline.
Minimum 5 - 10 years of relevant experience in risk management within major Oil & Gas EPC / EPCM projects.
Strong understanding of project controls, cost and schedule risk integration, and risk quantification techniques.
Proficiency in risk analysis software such as Primavera Risk Analysis (PRA / Pertmaster), @RISK, or Safran Risk.
Familiarity with project management systems and tools (Primavera P6, MS Project, etc.).
Excellent analytical, facilitation, and communication skills.
Company Industry
- Engineering Design & Consulting
Department / Functional Area
- Engineering
Keywords
- Risk Engineer
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Wood
Remarkable people, trusted by clients to design and advance the world. Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation. We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonization and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory. Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.
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