Assistant Risk Manager

Job description:

Job Summary

As a member of the risk management team, this role is responsible in supporting the implementation of risk management practices across the project. The role focuses on ensuring compliance with contractual obligation and driving continuous improvement in project performance through proactive risk management.

Key Responsibilities

Project Risk Management

• Implement risk management practices throughout the project life cycle.
• Manage the project's risk management plan, leading efforts to minimize risk through planning, development, and consolidation of all risk activities.
• Adopt and facilitate the ISO31000 Risk Management methodology for the project.
• Coordinate quarterly, and annual risk management reviews / meetings with senior management.
• Facilitate / assist / lead / participate risk management workshops and meetings as directed.
• Lead / assist / participate risk management audits and review its reports.
• Assist in deploying risk management in decision making

Risk Reporting

• Assist in the preparation and presentation of risk management reports to the Senior Management, Project team, Client, Risk Committee, JV partners, and stakeholders as required.
• Continuously monitor the project against approved schedules and flag risks accordingly.
• Review and ensure that all significant project risks are effectively managed by risk owners, and implement action plans for mitigating newly identified risks.

Risk Identification and Mitigation

• Ensure the health and effectiveness of risk management implementation by identifying potential project risks, preparing risk mitigation plans, and ensuring these are communicated proactively.
• Conduct regular scheduled workshops/ meetings to review risk activities and milestones.
• Establishing and maintaining project risk register

Framework, Policy, and Procedures

• Assist in reviewing and enhancing the risk management framework, policies, procedures, reporting, and templates to align with project goals.
• Periodically evaluate and recommend improvements to existing risk management policies and methodologies.

Risk Analysis and Facilitation

• Perform qualitative and quantitative risk analysis on project cost and schedule using proprietary risk software.
• Maintain project risk registers using the available risk management database system and provide training to project personnel on its usage.

Stakeholder Engagement

• Establish strong relationships with internal and external stakeholders to ensure their requirements are integrated into project risk management.
• Ensure that issues and risk response actions are communicated in project reports to both internal and external stakeholders.

Project Integratio

• Assist in facilitating engagement with key project members to regularly review and update the status of risk registers and risk mitigation actions.
• Establish clear interfaces between risk management and other project disciplines to ensure seamless risk response integration.

Risk Communication

• Assist the HoD in risk management presentations and reports for stakeholders, ensuring that complex risk-related issues are communicated clearly and effectivel

Risk Culture and Trainin

• Promote a risk-aware culture across the organization through training sessions to improve risk management awareness and competency.
• Assist in the presentation and workshops to key personnel to ensure a seamless understanding of risk management objectives and processes.
• Ensuring all risk management processes training are conducted to all relevant personnel

Lessons Learned and Continuous Improvemen

• Conduct lessons-learned sessions to extract project output insights and drive continuous improvement in risk management.

Qualifications

• BA or BSc first degree in a construction related field and ideally a specific risk management qualification (i.e. from IRM, PMI, etc.)
• Obtain specific risk management qualification (i.e. from PMI, IRM, etc.)

Skills & Abilities

Ability to use the risk software tools for Project, MS Excel, and ideally the risk database tool.

Expected Minimum Years of Experience

• Exposure to civil engineering design as appropriate for a graduate engineer.
• Exposure to risk management practices in accordance with ISO31000.
• Experience of project management practices including budget management and scheduling.
• Experience of the construction project life cycle from inception through to handover.