Risk Analyst

Job Description

Turner & Townsend are seeking a Risk Analyst to identify, assess, and manage risks associated with construction projects. This position involves working closely with project teams, contractors, clients, and stakeholders to ensure that potential risks are mitigated and managed effectively throughout the lifecycle of construction projects.

Responsibilities

• Conduct comprehensive risk assessments across various stages of construction projects, including planning, design, execution, and completion.
• Identify potential risks (financial, operational, environmental, legal, safety-related, etc.) that may impact the delivery of construction projects.
• Use risk management tools and techniques to assess the likelihood and impact of identified risks.
• Develop and recommend strategies for mitigating identified risks, including insurance, contingency planning, contract management, and other proactive measures.
• Collaborate with project managers, engineers, and contractors to implement risk management plans and ensure that mitigation actions are followed.
• Continuously monitor the risk landscape throughout the project lifecycle to track new risks and changes in existing risks.
• Prepare and present regular risk reports to senior management, highlighting potential issues, risk exposure, and the effectiveness of mitigation actions.
• Absorb and update the project risk register to reflect evolving risk profiles.
• Use quantitative and qualitative risk analysis techniques (such as Monte Carlo simulations, decision trees, and sensitivity analysis) to model potential risk scenarios and their impact on project objectives.
• Perform cost-benefit analysis of risk management strategies to determine the most cost-effective solutions.
• Communicate risk-related issues clearly to stakeholders, including clients, contractors, and project teams.
• Facilitate discussions on risk tolerance and ensure alignment with the project’s risk management framework.
• Ensure that risk management processes and activities align with relevant industry standards, regulations, and best practices.
• Afford compliance with health and safety regulations and environmental guidelines during project execution.
• Participate in training sessions to enhance risk management knowledge and improve project risk handling capabilities across the organization.

Qualifications

• Bachelor’s degree in Construction Management, Civil Engineering, Risk Management, or a related field.
• A Master’s degree or professional certification in risk management (e.g., FRM, PMI-RMP) is a plus.
• Minimum of 2-3 years of experience in risk analysis or construction management.
• Experience in construction-related risk management is highly preferred.
• Strong analytical skills and familiarity with risk management software (e.g., Primavera Risk Analysis, @RISK).
• Proficient in Microsoft Office Suite, especially Excel for risk analysis and reporting.
• Knowledge of construction processes, contract management, and project management principles.
• Strong communication and interpersonal skills to effectively collaborate with various stakeholders.
• Detail-oriented, with the ability to identify potential risks that might not be immediately apparent.
• Strong problem-solving and critical thinking skills.

Additional Information

*On-site presence and requirements may change depending on our client's needs*

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change. We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter, Instagram, LinkedIn.

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees.