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Risk Manager
2 weeks ago
Our client, a key player in the transportation and infrastructure sector, has been chosen by major entities to enter the Development Phase of an extensive, multi-billion-dollar capital program. This transformational project is aimed at revolutionizing the regional rail network by introducing electrification, more frequent service, shorter journey times, and a state-of-the-art system for the Greater Toronto and Hamilton Area.
Overview
Our client's Civil team is seeking a driven and accomplished Risk Manager, based in Toronto, Ontario, Canada. The successful candidate will report to the Commercial Director and become an integral part of their ever-evolving team.
Key Responsibilities
The Risk Manager's duties include:
- Managing program and project risk and opportunities for specific bundles and work packages following Cost and Schedule Risk Analysis.
- Implementing a risk management framework and process, and organizing risk management resources across the project's stakeholders.
- Conducting Risk Assessment Workshops with the project teams and program partners.
- Leading and supporting identification and definition of risk and opportunity, evaluating potential impact, and developing effective risk mitigation measures.
- Managing the assessment, evaluation, prioritization, and update of risks for all bundles and work packages.
- Monitoring and measuring the associated mitigation actions to prevent risk occurrence.
- Directing and participating in regular risk reviews to identify, capture, and agree risks, with the project teams and program partners.
- Applying Monte Carlo analysis to inform and recommend appropriate mitigation actions and ensure progress to recovery plans.
- Reviewing the cost of mitigation action, budget and actual, and evaluating risks to ensure contingency reserves are accurate for rigorous cost control.
- Preparing weekly, monthly, and annual reports for risk data analysis.
Candidate Profile
The ideal candidate will possess:
- A post-graduate diploma or degree in Construction Management, Engineering, Finance, or a related field.
- A minimum of 10 years of experience as a Risk Manager or in a similar role.
- Extensive experience or understanding of Project Controls (estimate/cost and schedule).
- Proven knowledge of risk methodology and tools, and key functional disciplines including Commercial, Finance, Operations, and Procurement.
- Exceptional network-building skills, with the ability to foster strong relationships across functions and with clients.
- Excellent analytical, organizational, interpersonal, verbal, and written skills.
This is an exciting opportunity to contribute to a transformative project, offering a platform for personal growth and professional advancement.
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