Bachelor's Degree in Engineering, Construction, Business, Project Management, or related field, or equivalent experience.
3-6 years of experience in project risk management or related fields.
Strong understanding of risk and opportunity management principles and best practices.
Preferred experience in the energy, oil & gas, chemicals, or EPC industries.
Proficiency in digital tools, databases, Microsoft Office, and Power BI.
Familiarity with quantitative risk analysis techniques is preferred.
Strong analytical skills with the ability to identify trends and provide insights.
Responsibilities
Carry out Project Risk & Opportunity Management (PROM) activities during project phases.
Engage with project teams to facilitate the risk management process.
Participate in project risk review meetings with stakeholders.
Perform quantitative risk analysis and support contingency management.
Maintain project risk and opportunity registers throughout the project lifecycle.
Assist in identifying, assessing, and monitoring project risks and opportunities.
Prepare updates for project risk reports and dashboards.
Benefits
Opportunities for professional development and continuous learning.
Collaborative work environment with cross-disciplinary teams.
Exposure to diverse projects in the energy and construction sectors.
Access to advanced project risk management tools and methodologies.
Full Job Description
Job Description
Job Overview:
The Risk Management Specialist applies their knowledge of risk and opportunity management principles and, with a moderate level of guidance from colleagues and leadership, supports a range of project risk management activities. They are responsible for analyzing practical solutions using established processes and procedures while developing knowledge of the Company, its processes, and customers. The Risk Management Specialist understands key business drivers and applies technical judgment, experience, and established methodologies to support effective project risk and opportunity management.
Responsibilities
Key Tasks and Responsibilities:
Carry out Project Risk & Opportunity Management (PROM) activities for projects during the tendering, handover, and execution phases.
Engage with project discipline teams to facilitate the risk management process and ensure effective stakeholder participation.
Participate in project risk review meetings with project teams, JV/consortium partners, and clients as required.
Perform quantitative risk analysis and support project contingency management activities.
Maintain project risk and opportunity registers, ensuring risks, opportunities, mitigation actions, ownership, and status updates remain current throughout the project lifecycle.
Assist in the identification, assessment, analysis, and monitoring of project risks and opportunities.
Prepare and deliver updates for project risk reports, dashboards, and business line risk and opportunity reporting requirements.
Collect, organize, validate, and maintain project risk management data and associated project information.
Support the maintenance, administration, and continuous development of McDermott's project risk and opportunity management tools and processes.
Collaborate with project teams to promote effective risk management practices and continuous improvement initiatives.
Qualifications
Essential Qualifications and Education:
Bachelor's Degree in Engineering, Construction, Business, Project Management, or a related discipline, or an equivalent combination of technical training and experience.
3-6 years of experience supporting project risk management, project controls, engineering, construction, or EPC project execution activities.
Strong understanding of project risk and opportunity management principles, processes, and best practices.
Previous exposure to the energy, oil & gas, chemicals, or EPC industry is preferred.
Excellent analytical and data management skills with proficiency in digital tools, databases, Microsoft Office applications, and Power BI.
Previous exposure to quantitative risk analysis techniques and methodologies is preferred.
Experience working with project risk management systems, databases, or related software tools is preferred.
Ability to analyze data, identify trends, correlations, and provide meaningful project insights to support decision-making.
Strong organizational skills with the ability to manage multiple priorities while maintaining attention to detail.
Ability to collaborate effectively across project disciplines and proactively engage with stakeholders.
Strong written and verbal communication skills.
Self-motivated, organized, detail-oriented, and capable of working across multiple time zones and project environments.
Affiliate or Associate membership in a relevant professional institution is preferred.
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About McDermott International
McDermott International, Inc. is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions?from the wellhead to the storage tank?to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. Learn more at www.mcdermott.com.
