Jobs · Consulting · Virginia

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.

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