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Infrastructure & Capital Projects - Risk Lead, COM
Toronto ON
Job No. 1287
Job Description
- (Internal Title-Risk V)
- Lead the implementation and management of risk management services per the mission and goals of projects and programs from inception through to completion
- Ensure that work is fully supported from a consulting standpoint in an integrated, compliant, efficient, and cost-effective manner
- Finalize the budget and operating or delivery plan for the risk management services in consultation with the project or program team and client
- Provide the final review and approval of the completed material planning to successfully deliver risk management services
- Exercise authority in managing and owning the work and controlling the delivery of the project portfolio per project plans
- Responsible for the overall direction of a large consulting team (may consist of multi-firm resources and client resources) leveraging a diverse array of talents and delegation of responsibilities
- Design key goals to be met in risk management services including customer satisfaction, and team member performances
- Define the success criteria and disseminate them to involved parties throughout the project and program life cycle
- Interface between stakeholders at all levels of the engagement model
- Review changes and interventions to ensure risk management service goals are achieved on the project or program
- Facilitate various project focus or function meetings with a spotlight on service initiatives
- Plan for and meet with stakeholders (including senior management and sponsors) to streamline transparent project communications
- Direct the production of accurate and timely reporting of project or program status and performance throughout its life cycle
- Control the delivery of and adherence to the operating or delivery plan scope, schedule, milestones, budgets, and KPIs on the project and address issues with corrective actions as appropriate
- Finalize and sign off on progress reports, proposals, and presentations to various audiences, including team, client executives, and key stakeholders
- Manage scope change negotiations
- Evaluate project effectiveness on the project or program and identify areas for improvement
- Set and interpret service expectations while delegating and managing deliverables with team members
- Build and maintain a positive, high-performing team culture with an openness to constructive challenge, continuous improvement, implementation of lessons learned, and an overall ‘right-first-time” mindset
- Reinforce acceptable standards of workmanship through every stage of the project
- Supervise and guide clear and focused staff performance objectives (including non-company resources) to ensure excellence in results
- Promote a project environment that is inclusive, and diverse and celebrates our differences
- Clarify internal quality control check and resolve quality issues for the project
- Prepare procedures and work instructions and ensure that all program team members comply with the risk management plan, procedures, and requirements of the assigned scope of work
- Develop risk breakdown structure aligned with project WBS and CBS
- Prepare risk training materials and train the project team on the principles of risk
- Stay abreast of market trends and implement process improvements or efficiencies
- Lead and provide technical support to the management of risk through the facilitation of regular risk reviews
- Evaluate risk registers at the project and program level, ensuring quality standards are met
- Perform quantitative cost and schedule risk analysis using Risk Management software (e.g. Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of results (e.g. Distribution S Curve Graph, Sensitivity Analysis Tornado Chart and Deep Dive Schedule Logic)
- Follow up with risk owners to ensure the mitigation actions are on track, including escalation where required
- Review contractor progress reports and identify the risks impacting project cost and schedule and reflect them in the risk register
- Work closely with scheduling to prepare a high-level schedule (or assess detailed schedules) to be used for quantitative schedule risk analysis and define the link between risks, duration uncertainties, and schedule activities
- Liaise with cost to monitor project contingency utilization and alignment with cost risk exposures
- Provide technical guidance and training to members of the team appropriate to their area of accountability
- Guide reporting on inputs for project and program-level reporting
- Working Conditions
- Office-based
Qualifications
- Experience:
-
Minimum of 12 years of experience in Risk Management
-
- Education:
- Bachelor’s degree in a relevant field
- Licenses OR Certifications:
- Holding recognized certifications including Risk Management Professional (RMP) and Project Management Professional (PMP)
- Skills and Competencies:
- Expert grasp of prevailing Risk Management methods
- Extensive understanding of tools and metrics needed to evaluate project performance
- Well-versed and experienced in managing the interdependencies between technology, operations, and business needs
- Mastery of risk management software including Active Risk Manager (ARM), Oracle Primavera Risk Analyzer (OPRA), Acumen Risk, Primavera P6, Acumen Fuse, MS Project, etc.
- Demonstrated functional acumen to support how solutions will address client goals while maintaining alignment with industry best practices
- Proven success in providing leadership to project teams by building and motivating staff to meet project goals, adhering to their responsibilities and project milestones
- Exceptional people skills and ability to communicate effectively with various levels of stakeholders
- Ability to work autonomously and interface with a wide cross-section of personnel
- Experienced in leading, engaging, coaching and mentoring a team of Risk professional professionals
- Demonstrated ability to foster collaborative relationships within various teams, partners, and clients
- Advanced proficiency in Microsoft Office
- Must maintain professional development to keep abreast of emerging technologies, methods, and best practices
- Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership
- Keen eye for detail and adept problem-solving abilities with a track record for meeting deadlines
- Must have demonstrated experience relaying and receiving information (written and verbal) in a demanding multidisciplinary project environment
- Expert ability to work collaboratively and independently on creative and analytical tasks in a structured, disciplined, technology-driven environment
- Expert ability to detect, capitalize, and be sensitive to others' strengths
- Demonstrated capability to supervise, delegate, and develop capacity
- Tact to perceive and ameliorate conflict and tension
- Effective capacity to anticipate, identify, and minimize risks
- Ability to work creatively and analytically in a problem-solving environment by promoting effective teamwork, innovation, and overall excellence
