Director of Risk Management
Turner & Townsend seeks a Director of Risk Management to join our team to lead risk management services for key client accounts and support the growth of risk management services for our business.
Responsibilities:
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Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
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Use risk data to inform investment planning.
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Monitor overall risk exposure and assess against the remaining risk budget.
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Work with contractors to assess contractor held risks and their views on client held risks that impact upon them.
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Produce risk reports as required, in a timely manner, to support the effective communication of threat & opportunity status.
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Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
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Ensure the delivery of best practice risk management activities and report to the Head of Department.
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Initiate a proactive approach to the review, development and improvement of the risk management service to the client.
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Undertake end-to-end project risk management practice on multiple projects/programs.
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Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies and frameworks.
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Lead workshops with a broad range of internal and external stakeholders.
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Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
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Lead and run a comprehensive schedule and cost qualitative risk assessment (QCRA & QSRA) process is delivered.
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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.
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Work proactively and collaboratively with program and project control teams so as to eliminate redundancies and identify opportunities for improvement.
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Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team and to the client.
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The transfer of knowledge may include informal one-one-one discussions with client stakeholders and more formal presentations to clients and colleagues.
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Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
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Create improved operating procedures and best practices for wider use in the client organization to reduce turnaround times, amendments and queries.
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Aligns recommendations to the respective needs of each project, delivery type, contract models and phase of contract negotiation.
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Collaborate on the supplier performance management program including the collection of performance metrics and tracking of supplier improvement action plans.
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Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
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Lead, manage, and carryout construction stage contract and claims management.
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Provide strategic, critical and professional advice on contractual issues.
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Carry out assessment of contractual claims in accordance with the contract.
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Provide strategic and contractual advice on disputes and related resolution issues.
- Evaluate delay recovery measures.
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Carry out change management and construction stage cost control.
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Supervise the measurement and valuation of completed works and variations.
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Manage the settlement of final accounts with contractors.
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Perform all other pertinent contract management and administration tasks with a view to achieving project completion on time and within budget.
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Prepare and support bid proposals and work closely alongside Senio