Risk Manager - Rail and Mobility Programs
Posted date [2026-08-02]
(ID: 48899)
Job Description and Requirements
Risk Manager - Rail and Mobility ProgramsJob Snapshot
Role: Risk Manager - Rail and Mobility Programs
Location: Riyadh, Saudi Arabia
Industry: Transportation-Trucking-Railroad
Function: Risk Management
Experience: Minimum 10 years
Job Type: Full-time
Position Overview
Parsons is recruiting a Risk Manager - Rail and Mobility Programs in Riyadh, Saudi Arabia for a leadership opportunity within the Transportation-Trucking-Railroad industry. The manager will develop and lead an integrated risk framework covering metro, light rail, commuter rail, bus rapid transit, on-demand transport, and connected mobility assets.
The position spans the complete asset lifecycle, from strategy and design through procurement, construction, testing, commissioning, operations, maintenance, and decommissioning. Its purpose is to ensure that strategic, technical, operational, safety, financial, digital, and stakeholder risks are understood and controlled.
Job Details
Country: Saudi Arabia
City: Riyadh
Industry: Transportation-Trucking-Railroad
Function: Risk Management
Salary: 25000-40000 SAR per month
Estimated salary range based on similar jobs in
Riyadh; please confirm the final offer with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
Modern mobility programs combine physical infrastructure, operational procedures, digital systems, multiple transport modes, public authorities, and commercial partners. A risk affecting one asset or operator can quickly influence safety, capacity, passenger experience, revenue, or network reliability.
The Risk Manager will provide a portfolio-wide view of these dependencies and help leadership make risk-informed investment and delivery decisions. Strong integration with engineering, operations, safety, commercial, asset-management, and digital teams will support reliable and financially sustainable transportation services.
Key Responsibilities
The manager will own the program-level risk process for rail and wider mobility assets.
* Establish and maintain a comprehensive risk framework aligned with corporate policies, governance requirements, and recognized standards.
* Develop risk plans, procedures, classifications, assessment criteria, and reporting tools.
* Tailor the framework to metro, light rail, commuter rail, bus rapid transit, on-demand services, and multimodal assets.
* Embed risk management within strategy, planning, design, procurement, construction, commissioning, operations, maintenance, and decommissioning.
* Lead structured workshops with engineering, operations, safety, systems-integration, commercial, digital, and asset teams.
* Assess technical risks involving signaling, train control, telecommunications, SCADA, power, and rolling stock.
* Evaluate exposures affecting stations, depots, interchanges, and park-and-ride facilities.
* Identify passenger-demand, ridership, revenue, capacity, timetable, and service-reliability risks.
* Review interoperability and interface risks between rail, buses, micromobility, parking, and other transport modes.
* Apply calibrated likelihood and impact criteria across safety, service performance, cost, schedule, revenue, reputation, environment, and compliance.
* Identify systemic dependencies between assets, contracts, operators, suppliers, and external partners.
* Develop quantitative risk models for major programs and mobility portfolios.
* Integrate risk findings with project schedules, cost forecasts, investment plans, and governance decisions.
* Provide risk-adjusted forecasts and recommendations for contingency, investment, and program phasing.
* Work with technical teams to evaluate design changes and systems-architecture choices.
* Develop mitigation measures covering safety, reliability, human factors, staffing, timetables, operating procedures, and incident response.
* Advise on contractual risk allocation, performance regimes, availability-based payments, incentives, and change processes.
* Coordinate digital and cyber controls involving access management, resilience, redundancy, and system recovery.
* Monitor mitigation implementation and reassess residual-risk levels.
* Provide structured risk advice for investment cases, change requests, project approvals, and governance forums.
* Own and maintain program-level risk registers covering mobility and rail assets.
* Coordinate package, project, asset, and operational risk registers across the portfolio.
* Standardize risk descriptions, ownership, actions, ratings, status, and escalation requirements.
* Produce risk reports and dashboards for boards, executive leadership, authorities, regulators, funders, and delivery teams.
* Communicate emerging threats, key risk indicators, trends, and cumulative exposure.
* Align risk-management activity with safety-management systems, safety cases, operational readiness, assurance, quality, and regulatory compliance.
* Support hazard-identification studies and hazard-and-operability analysis.
* Participate in incident investigations and root-cause analysis.
* Convert investigation findings into systemic controls and lessons for future programs.
* Assess interfaces between rail lines, transport modes, operators, shared corridors, stations, and depots.
* Review risks associated with public-private partnerships, concessions, and joint ventures.
* Engage government agencies, municipalities, regulators, operators, maintainers, technology providers, and communities.
* Support the negotiation of performance measures, liquidated damages, incentives, and other risk-related contract mechanisms.
* Apply asset-management principles to whole-life cost, condition, reliability, and performance risks.
* Evaluate obsolescence, technology-transition, and digital-transformation exposure.
* Facilitate portfolio assessments across multiple projects, lines, assets, and contracts.
* Support investment, renewal, and enhancement priorities using risk and value evidence.
* Train and coach engineers, operators, managers, and other stakeholders in risk methods.
* Lead lessons-learned and post-implementation reviews.
* Monitor regulatory developments and rail-industry practices and improve the framework accordingly.
Ideal Profile
The preferred candidate is an experienced rail-risk professional who understands the relationship between engineering systems, operations, safety, asset performance, commercial arrangements, and passenger outcomes.
* Bachelor\'s degree in Rail Engineering, Systems Engineering, Electrical Engineering, Mechanical Engineering, Civil Engineering, Transportation Planning, Risk Management, or a related field.
* Master\'s degree in Transportation, Systems Engineering, Project Management, Risk Management, or a comparable discipline is preferred.
* Minimum ten years of relevant experience in risk management, project controls, safety, or systems engineering.
* Background in rail, metro, light rail, heavy rail, multimodal, or complex transportation programs.
* Demonstrable experience leading risk management for a major rail or transportation portfolio.
* Knowledge of railway systems, operational interfaces, and safety-management requirements.
* Ability to develop qualitative and quantitative risk assessments.
* Experience communicating complex risk information to executives, regulators, technical specialists, and operational teams.
* Strong workshop leadership, stakeholder engagement, coaching, and decision-support skills.
* PMI-RMP, IRM, CRM, CEng, or an equivalent professional qualification is highly desirable.
Skills Set
* Rail risk management
* Multimodal mobility risk
* Risk-framework development
* Program risk registers
* Portfolio risk assessment
* Qualitative risk analysis
* Quantitative risk modeling
* Risk-adjusted forecasting
* Monte Carlo simulation
* Safety-management systems
* Safety cases
* RAMS principles
* HAZID
* HAZOP
* Root-cause analysis
* Rail signaling and train control
* Telecommunications and SCADA
* Traction and station power
* Rolling-stock interfaces
* Operational-readiness assurance
* Passenger-demand risk
* Timetable and capacity risk
* Asset lifecycle management
* Whole-life cost analysis
* Technology-obsolescence risk
* Digital and cyber resilience
* Contractual risk allocation
* Key risk indicators
* Executive risk dashboards
* Stakeholder workshop facilitation
Why Join Us
This role offers influence across an entire mobility ecosystem rather than a single project package. The manager will shape decisions affecting rail safety, service reliability, investment priorities, passenger experience, contractual performance, and long-term asset value.
The position provides a strong pathway toward program-risk, rail-assurance, asset-management, and transportation-leadership roles within Saudi Arabia\'s developing Transportation-Trucking-Railroad market.
About the Company
Parsons Corporation provides engineering, program-management, systems, and project-delivery services for complex transportation and infrastructure programs. Its multidisciplinary teams support clients in creating safe, connected, resilient, and operationally reliable mobility networks.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
Modern mobility programs combine physical infrastructure, operational procedures, digital systems, multiple transport modes, public authorities, and commercial partners. A risk affecting one asset or operator can quickly influence safety, capacity, passenger experience, revenue, or network reliability.
The Risk Manager will provide a portfolio-wide view of these dependencies and help leadership make risk-informed investment and delivery decisions. Strong integration with engineering, operations, safety, commercial, asset-management, and digital teams will support reliable and financially sustainable transportation services.
Key Responsibilities
The manager will own the program-level risk process for rail and wider mobility assets.
* Establish and maintain a comprehensive risk framework aligned with corporate policies, governance requirements, and recognized standards.
* Develop risk plans, procedures, classifications, assessment criteria, and reporting tools.
* Tailor the framework to metro, light rail, commuter rail, bus rapid transit, on-demand services, and multimodal assets.
* Embed risk management within strategy, planning, design, procurement, construction, commissioning, operations, maintenance, and decommissioning.
* Lead structured workshops with engineering, operations, safety, systems-integration, commercial, digital, and asset teams.
* Assess technical risks involving signaling, train control, telecommunications, SCADA, power, and rolling stock.
* Evaluate exposures affecting stations, depots, interchanges, and park-and-ride facilities.
* Identify passenger-demand, ridership, revenue, capacity, timetable, and service-reliability risks.
* Review interoperability and interface risks between rail, buses, micromobility, parking, and other transport modes.
* Apply calibrated likelihood and impact criteria across safety, service performance, cost, schedule, revenue, reputation, environment, and compliance.
* Identify systemic dependencies between assets, contracts, operators, suppliers, and external partners.
* Develop quantitative risk models for major programs and mobility portfolios.
* Integrate risk findings with project schedules, cost forecasts, investment plans, and governance decisions.
* Provide risk-adjusted forecasts and recommendations for contingency, investment, and program phasing.
* Work with technical teams to evaluate design changes and systems-architecture choices.
* Develop mitigation measures covering safety, reliability, human factors, staffing, timetables, operating procedures, and incident response.
* Advise on contractual risk allocation, performance regimes, availability-based payments, incentives, and change processes.
* Coordinate digital and cyber controls involving access management, resilience, redundancy, and system recovery.
* Monitor mitigation implementation and reassess residual-risk levels.
* Provide structured risk advice for investment cases, change requests, project approvals, and governance forums.
* Own and maintain program-level risk registers covering mobility and rail assets.
* Coordinate package, project, asset, and operational risk registers across the portfolio.
* Standardize risk descriptions, ownership, actions, ratings, status, and escalation requirements.
* Produce risk reports and dashboards for boards, executive leadership, authorities, regulators, funders, and delivery teams.
* Communicate emerging threats, key risk indicators, trends, and cumulative exposure.
* Align risk-management activity with safety-management systems, safety cases, operational readiness, assurance, quality, and regulatory compliance.
* Support hazard-identification studies and hazard-and-operability analysis.
* Participate in incident investigations and root-cause analysis.
* Convert investigation findings into systemic controls and lessons for future programs.
* Assess interfaces between rail lines, transport modes, operators, shared corridors, stations, and depots.
* Review risks associated with public-private partnerships, concessions, and joint ventures.
* Engage government agencies, municipalities, regulators, operators, maintainers, technology providers, and communities.
* Support the negotiation of performance measures, liquidated damages, incentives, and other risk-related contract mechanisms.
* Apply asset-management principles to whole-life cost, condition, reliability, and performance risks.
* Evaluate obsolescence, technology-transition, and digital-transformation exposure.
* Facilitate portfolio assessments across multiple projects, lines, assets, and contracts.
* Support investment, renewal, and enhancement priorities using risk and value evidence.
* Train and coach engineers, operators, managers, and other stakeholders in risk methods.
* Lead lessons-learned and post-implementation reviews.
* Monitor regulatory developments and rail-industry practices and improve the framework accordingly.
Ideal Profile
The preferred candidate is an experienced rail-risk professional who understands the relationship between engineering systems, operations, safety, asset performance, commercial arrangements, and passenger outcomes.
* Bachelor\'s degree in Rail Engineering, Systems Engineering, Electrical Engineering, Mechanical Engineering, Civil Engineering, Transportation Planning, Risk Management, or a related field.
* Master\'s degree in Transportation, Systems Engineering, Project Management, Risk Management, or a comparable discipline is preferred.
* Minimum ten years of relevant experience in risk management, project controls, safety, or systems engineering.
* Background in rail, metro, light rail, heavy rail, multimodal, or complex transportation programs.
* Demonstrable experience leading risk management for a major rail or transportation portfolio.
* Knowledge of railway systems, operational interfaces, and safety-management requirements.
* Ability to develop qualitative and quantitative risk assessments.
* Experience communicating complex risk information to executives, regulators, technical specialists, and operational teams.
* Strong workshop leadership, stakeholder engagement, coaching, and decision-support skills.
* PMI-RMP, IRM, CRM, CEng, or an equivalent professional qualification is highly desirable.
Skills Set
* Rail risk management
* Multimodal mobility risk
* Risk-framework development
* Program risk registers
* Portfolio risk assessment
* Qualitative risk analysis
* Quantitative risk modeling
* Risk-adjusted forecasting
* Monte Carlo simulation
* Safety-management systems
* Safety cases
* RAMS principles
* HAZID
* HAZOP
* Root-cause analysis
* Rail signaling and train control
* Telecommunications and SCADA
* Traction and station power
* Rolling-stock interfaces
* Operational-readiness assurance
* Passenger-demand risk
* Timetable and capacity risk
* Asset lifecycle management
* Whole-life cost analysis
* Technology-obsolescence risk
* Digital and cyber resilience
* Contractual risk allocation
* Key risk indicators
* Executive risk dashboards
* Stakeholder workshop facilitation
Why Join Us
This role offers influence across an entire mobility ecosystem rather than a single project package. The manager will shape decisions affecting rail safety, service reliability, investment priorities, passenger experience, contractual performance, and long-term asset value.
The position provides a strong pathway toward program-risk, rail-assurance, asset-management, and transportation-leadership roles within Saudi Arabia\'s developing Transportation-Trucking-Railroad market.
About the Company
Parsons Corporation provides engineering, program-management, systems, and project-delivery services for complex transportation and infrastructure programs. Its multidisciplinary teams support clients in creating safe, connected, resilient, and operationally reliable mobility networks.
