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Risk Manager - KSA Project

Organizational Context:

INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. Comprising 36 individual businesses, we operate 194 facilities in 29 countries throughout the world.  

The INEOS Oligomers division includes a wide range of products ranging from LAO, PAO and PIB to Specialty Oligomers, iso-paraffines, cyclopentane and isoamylene which are made in Europe and in the Americas and sold worldwide.


Purpose of the job:

The purpose of the Risk Manager is to ensure proper identification, evaluation, tracking and counter-acting of all project risks. The role will provide business decision makers relevant information about the overall project risk exposure to allow timely and positive intervention while countering the detrimental effects of project-positive bias.

In this role, she/he will act as owner for the Project Neptune Risk Management database and maintain and up to date risk register with meaningful analysis during the whole duration of the project.

This job will require significant time at the project engineering offices and will require frequent trips to Kingdom of Saudi Arabia throughout the life of the project.  The preferred candidate location is Europe.



The project is to be built in the Kingdom of Saudi Arabia at the new Jubail II site where Saudi Aramco and Total are building the Amiral mega-cracker (1.6mtpa) under a JV arrangement. 

This puts the project into the high risk category according to the INEOS Capex Group policy.

The role will report first to the CFO and secondly to the Gatekeeper while maintaining a sound independency versus the GPM.


Responsibilities and Accountabilities
The job holder will have the following key accountabilities:

Throughout Project:

  • Implement across the project Neptune team a risk awareness and speak-up attitude allowing to proactively manage project risks.  
  • Ensure that the project is steered towards a balanced attitude without ever leaning to neither complacency nor sandbagging.
  • Review any and all project processes, KPIs and functions to identify potential risks to a successful project delivery. Where necessary develop KPIs to manage risk as part of risk reduction plans.
  • Agree suitable risk reduction action plans to mitigate identified risks and ensure that the risk reduction plans are implemented successfully.
  • Attend senior project Steering Team meetings to identify and communicate areas of concern and actions to minimize risk. 
  • Ensure compliance with INEOS project risk process as defined in IGGN-OPS-SHE-28 - Major Project, including the requirements of the risk manager role. 
  • Ensure learnings from SHE incidents, unplanned event and near misses are embedded in risk reduction plans. 

Pre-FEED Study Role:

  • Support the Neptune Program teams in identification and evaluation of project risks. 
  • Own the Neptune Program risk register and maintain its integrity. 
    System owner for the Neptune Program risk database. 
  • Review with Procurement contracting strategy options and integrate learnings from Redstone and Mercury projects.

FEED/EP Study Role:

  • Work with project team to ensure proper risk analysis and risk value tracking. 
  • Report risk value on program level and track it versus zero contingency project case. 

EP Role:

  • Depending on contracting strategy, ensure appropriate QA&QC is designed in order to ensure a good quality field execution for the C part of the project.
  • Regularly meet with project team and respective EP or C to identify new or upcoming threats and risk.
  • Ensure timely evaluation of upcoming risks and inclusion to the risk register.
  • Work with program project control estimator for risk value estimation. 

C Role:

  • Regularly attend the construction site and fabrication yards to identify, risks with project delivery and agree action mitigation plans with construction and project management. 
  • Support the SHE manager to embed the right behaviors and attitude since day one of construction mobilization.  


Skills & Knowledge Required


  • Degree in Engineering and more than 15 years’ experience in the role of Oil and gas or Petrochemical project engineer. Additionally operations experience would be a significant advantage; 
  • Sound knowledge of key disciple areas including:
    • Project Risk Management; 
    • Ideally certified PMP

Technical Skills

  • Person must be an experienced senior manager from an operations background and medium or larger project management experience;
  • Prior experience in risk management for capital projects;
  • Strong planning, analytical and organizing ability;
  • Able to define and prioritize actions;
  • Proficiency in several engineering disciplines;
  • Innovative, with an eye for identifying opportunities as well as evolving risks to protect or ideally reduce costs and challenge the status quo;
  • Good understanding of business drivers and ability to align design philosophies;
  • Broad estimating skills and practical understanding of costs (capital, operating, life cycle);
  • Willing and flexibility to travel;
  • Good verbal and written communication skills in English.

Behavioral Skills

  • Excellent team player, able to effectively facilitate workshops and meetings;
  • Strong interpersonal, communication and influencing skills;
  • Highly motivated, achievement oriented;
  • Ability to interface effectively with people of all levels and with wide ranging cultural backgrounds;
  • Open to non-European cultures or willingness to understand Kingdom of Saudi Arabia culture.