Context
We are lookig for a Risk Analyst for a Rail & Transit project in Ontario.
Missions/Main Duties
- Assist with 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
- 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
- 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 5right-first-time7 mindset
- Reinforce acceptable standards of workmanship through every stage of the project
- Supervise and guide clear and focused staff performance objectives (including noncompany 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
- 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
Profile/Skills
- 4-6 years of experience in Risk Management
- Bachelor6s degree in a relevant field
- Holding recognized certifications including Risk Management Professional (RMP) and Project Management Professional (PMP)
- Experience of effective risk leadership on complex construction projects.
- Comprehensive knowledge of risk tools, techniques, and software
Annual Base Salary Range - $95,000 - $120,000
The salary range provided below serves as a general guideline and reflects typical offers for this position.
It is not intended as a strict range; in certain situations, actual compensation may vary when justified.
