Risk Manager - Construction
Turner & Townsend · Richmond, VA · 2 wk ago
On-siteConsultingFull-time
Risk Manager
Full-time
Department: Real estate
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 the remaining risk budget.
- Work with contractors to assess contractors 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 and opportunity status.
- Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
- Initiate a proactive approach to the review, development and improvement of risk management services for the client.
- Undertake end-to-end project risk management practices on multiple projects/programs.
- Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies, and frameworks.
- 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-effective 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 to eliminate redundancies and identify improvement opportunities.
- Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
- Collaborate on the supplier performance management program including the collection of performance metrics and tracking supplier improvement action plans.
- Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
- Lead, manage, and carry out construction stage contract and claims management.
- 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
Qualifications
- Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
- Minimum 5-7 years of applicable experience
- Relevant construction project procurement and contract management experience.
- Deep knowledge and experience with risk identification, facilitation and techniques.
- Strong communication, analytical and negotiation skills.
- In-depth understanding of construction contracts, commercial 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 communication skills.