Director of Risk Management

About the role

Turner & Townsend seeks a Director of Risk Management to join our team to lead risk management services for key client accounts and support the growth of risk management services for our business.

Responsibilities

• Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
• Use risk data to inform investment planning.
• Monitor overall risk exposure and assess against the remaining risk budget.
• Work with contractors to assess contractor held risks and their views on client held risks that impact upon them.
• Produce risk reports as required, in a timely manner, to support the effective communication of threat & opportunity status.
• Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
• Ensure the delivery of best practice risk management activities and report to the Head of Department.
• Initiate a proactive approach to the review, development and improvement of the risk management service to the client.
• Undertake end-to-end project risk management practice on multiple projects/programs.
• Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies and frameworks.
• Lead workshops with a broad range of internal and external stakeholders.
• Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
• Lead and run a comprehensive schedule and cost qualitative risk assessment (QCRA & QSRA) process is delivered.
• Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control, and reporting.
• Work proactively and collaboratively with program and project control teams so as to eliminate redundancies and identify opportunities for improvement.
• Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team and to the client.
• Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
• Create improved operating procedures and best practices for wider use in the client organization to reduce turnaround times, amendments and queries.
• Aligns recommendations to the respective needs of each project, delivery type, contract models and phase of contract negotiation.
• Collaborate on the supplier performance management program including the collection of performance metrics and tracking of supplier improvement action plans.
• Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
• Lead, manage, and carryout construction stage contract and claims management.
• Provide strategic, critical and professional advice on contractual issues.
• Carry out assessment of contractual claims in accordance with the contract.
• Provide strategic and contractual advice on disputes and related resolution issues.
• Evaluate delay recovery measures.
• Carry out change management and construction stage cost control.
• Supervise the measurement and valuation of completed works and variations.
• Manage the settlement of final accounts with contractors.
• Perform all other pertinent contract management and administration tasks with a view to achieving project completion on time and within budget.
• Prepare and support bid proposals and work closely alongside Senior Management and the wider Turner & Townsend team.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• Graduate degree in quantity surveying, cost management, construction management, or engineering is preferred.
• 12+ years of relevant risk management or risk program controls experience.
• 2+ years managing high performing risk management services and teams in a consulting environment.
• Deep knowledge and experience with risk identification facilitation and techniques.
• Strong communication, analytical and negotiation skills.
• Has conducted risk management training sessions.
• In-depth understanding of construction contracts, commercials models and delivery methods.
• Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
• Familiarity with web-based database tools – ARM, Predict, Tableau.
• Highly self-motivated, analytical, and customer centric.
• Excellent interpersonal skills, including great communication.
• Able to demonstrate collaborative behaviors.
• Organized and thorough individuals.
• Experience in the formulation, setting up, procurement and contract administration of target cost contracts will be an added advantage.
• Demonstrates excellent presentation, verbal, written, organizational and communication skills.