Contract and Risk Manager

Guarantee Electrical

$70K — $95K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Risk Management, Construction Management, Legal Studies, or related field
  • 2-5 years of experience in contract administration, risk management, or construction industry
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Office Suite, particularly Excel and database management
  • Understanding of construction industry practices, terminology, and project delivery methods
  • Knowledge of insurance principles and risk transfer mechanisms

Responsibilities

  • Conduct thorough review of construction contracts and subcontracts
  • Identify and analyze contractual risks and compliance issues
  • Prepare detailed risk analysis reports and recommend mitigation strategies
  • Collaborate with legal counsel on complex contract terms
  • Work closely with project teams during contract negotiations
  • Develop and maintain contract review templates and training materials
  • Continuously analyze contract outcomes to improve future strategies

Benefits

  • Opportunity to work closely with cross-functional teams
  • Expose yourself to complex contract negotiations and risk assessments
  • Support the development of company-wide contract policies
  • Gain insights into the construction industry's evolving risk landscape
  • Enhance your professional expertise with training programs
Full Job Description
We are seeking a Contract and Risk Manager that serves as a critical member of the Risk and External Affairs team, reporting directly to the Chief Legal and Risk Officer. This role is responsible for comprehensive contract analysis, risk assessment, and mitigation strategies to protect the organization's interests while supporting business growth objectives. The position combines legal acumen with construction industry knowledge to ensure all contractual commitments align with our risk tolerance and operational capabilities.

*We are seeking to fill either the Contracts Counsel or Contract & Risk Manager role.

Key Responsibilities

Contract Analysis and Review
  • Conduct thorough review of identified construction contracts, subcontracts, and related agreements
  • Identify and analyze contractual risks including liability exposure, payment terms, insurance requirements, and performance obligations
  • Review contract language for compliance with company standards, insurance requirements, and risk management policies
  • Assess indemnification clauses, limitation of liability provisions, and dispute resolution mechanisms
  • Evaluate change order procedures, payment schedules, and completion requirements
  • Collaborate with legal counsel on complex contract terms and non-standard provisions

Risk Assessment and Documentation
  • Prepare detailed risk analysis reports for contracts identified for review
  • Quantify potential financial exposure and recommend appropriate risk mitigation strategies
  • Document risk findings and recommendations in standardized reporting formats
  • Maintain comprehensive database of contract terms, risk assessments, and approval decisions
  • Track contract amendments, modifications, and their impact on risk profile
  • Prepare contract playbooks for project management
  • Monitor industry trends in contract language and risk allocation practices

Stakeholder Collaboration
  • Work closely with preconstruction, project management, and operations teams during contract negotiations as needed
  • Provide risk guidance to project teams throughout the contract lifecycle
  • Support the CLRO in developing contract risk management policies and procedures
  • Collaborate with insurance and legal teams to ensure proper risk transfer mechanisms
  • Communicate risk findings clearly to both technical and non-technical stakeholders

Process Improvement and Training
  • Develop and maintain contract review templates, checklists, and standard operating procedures
  • Create training materials on contract risk identification for project teams
  • Recommend improvements to contract negotiation strategies based on risk analysis findings
  • Support development of company standard contract language and preferred terms
  • Assist in creating risk management training programs for field personnel and project managers

Modeling Our Guarantees

As a member of the Risk and External Affairs team, the Risk Analyst exemplifies our organizational guarantees through:

Lessons Learned: Continuously analyzes contract outcomes and risk events to improve future contract negotiation strategies. Models our Culture of Honesty by providing transparent risk assessments and clear communication about potential contractual challenges.

Integration: Coordinates closely with legal, operations, business development, and project management teams to ensure seamless contract review processes. Builds our Culture of Collaboration by breaking down silos between risk management and operational execution.

High Risk Management: Leverages detailed contract analysis and industry experience to identify and mitigate potential risks before they impact projects. Demonstrates our Culture of Wisdom by applying lessons learned from previous contracts to current risk assessments.

Data Driven Decisions: Utilizes comprehensive contract databases, risk metrics, and analytical tools to inform contract recommendations. Instills our Culture of Intelligence by ensuring all contract decisions are supported by thorough analysis and documentation.

Leadership Development: Grows professional capabilities through exposure to complex contract negotiations and risk scenarios. Cultivates our Culture of Leadership by taking ownership of contract risk outcomes and developing expertise that benefits the entire organization.

Required Qualifications
  • Bachelor's degree in Business, Risk Management, Construction Management, Legal Studies, or related field
  • 2-5 years of experience in contract administration, risk management, or construction industry
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent written and verbal communication skills
  • Proficiency in Microsoft Office Suite, particularly Excel and database management
  • Understanding of construction industry practices, terminology, and project delivery methods
  • Knowledge of insurance principles and risk transfer mechanisms
  • Ability to read and interpret complex legal and technical documents

Preferred Qualifications
  • Paralegal certificate or legal studies background
  • Experience with construction contracts
  • Familiarity with electrical contracting or specialty trades
  • Risk management or insurance industry experience
  • Professional certifications in contract management (CCCM, CFCM) or risk management
  • Experience with contract management software systems
  • Knowledge of construction law and common industry legal issues


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